Pictet North America Advisors SA Has $18.82 Million Holdings in MercadoLibre, Inc. $MELI

Pictet North America Advisors SA lifted its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 40.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,342 shares of the company’s stock after buying an additional 2,703 shares during the quarter. MercadoLibre comprises approximately 1.8% of Pictet North America Advisors SA’s investment portfolio, making the stock its 18th largest holding. Pictet North America Advisors SA’s holdings in MercadoLibre were worth $18,817,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Banque Pictet & Cie SA lifted its position in shares of MercadoLibre by 54.0% during the 4th quarter. Banque Pictet & Cie SA now owns 11,677 shares of the company’s stock valued at $23,521,000 after acquiring an additional 4,096 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in MercadoLibre by 47.3% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 4,386 shares of the company’s stock worth $8,835,000 after purchasing an additional 1,408 shares during the period. Tema Etfs LLC bought a new stake in MercadoLibre in the fourth quarter valued at $97,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in MercadoLibre by 4.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 206 shares of the company’s stock valued at $415,000 after purchasing an additional 8 shares in the last quarter. Finally, Capital Advisors Inc. OK raised its holdings in shares of MercadoLibre by 8.5% during the fourth quarter. Capital Advisors Inc. OK now owns 21,178 shares of the company’s stock valued at $42,657,000 after purchasing an additional 1,662 shares during the period. Institutional investors own 87.62% of the company’s stock.

Analysts Set New Price Targets

MELI has been the topic of a number of research analyst reports. Itau BBA Securities reissued an “outperform” rating on shares of MercadoLibre in a research report on Wednesday, February 25th. UBS Group decreased their target price on MercadoLibre from $2,900.00 to $2,700.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Wedbush cut their price target on MercadoLibre from $2,600.00 to $2,400.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Cantor Fitzgerald cut their price target on MercadoLibre from $2,750.00 to $2,400.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Finally, Morgan Stanley reduced their price objective on MercadoLibre from $2,800.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, MercadoLibre currently has an average rating of “Moderate Buy” and a consensus price target of $2,708.67.

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: AI-driven advertising is gaining traction at MercadoLibre, boosting ad spend and revenue visibility; this could lift margins and recurring monetization if adoption continues. Can AI-Driven Advertising Growth Unlock Further Upside for MELI? Zacks: AI-Driven Ad Growth
• Positive Sentiment: Analyst commentary and bullish write-ups highlight attractive long-term positioning in e-commerce + fintech across Latin America, supporting upside case for patient investors. Seeking Alpha: Attractively Positioned
• Positive Sentiment: Macro/geopolitical headlines briefly lifted risk assets — MercadoLibre saw an intraday jump after comments signaling a possible de-escalation in the Middle East, showing sensitivity to global risk sentiment. Why MELI Stock Is Up Today
• Neutral Sentiment: Generation Investment Management’s portfolio commentary includes MELI perspectives — useful context on investor sentiment but not an immediate catalyst. Generation Investment Management Views
• Negative Sentiment: Mercado Pago is discontinuing its branded cryptocurrency, Mercado Coin — a sign the company is pulling back from a non-core crypto play; this reduces one product line and could raise questions about prior investments and roadmap execution. Reuters: Mercado Coin Terminated
• Negative Sentiment: Valuation and recent quarterly results remain near-term headwinds — revenue beat but EPS missed expectations, and the stock has pulled back from recent highs as investors weigh margin pressure and execution vs. lofty multiples. Does MELI Offer Value?

MercadoLibre Stock Down 0.6%

MercadoLibre stock opened at $1,718.97 on Thursday. The firm has a market capitalization of $87.15 billion, a price-to-earnings ratio of 43.63, a price-to-earnings-growth ratio of 0.87 and a beta of 1.49. The firm’s fifty day moving average price is $1,879.12 and its two-hundred day moving average price is $2,051.08. MercadoLibre, Inc. has a 1-year low of $1,593.21 and a 1-year high of $2,645.22. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68.

MercadoLibre (NASDAQ:MELI) last posted its earnings results on Tuesday, February 24th. The company reported $11.03 EPS for the quarter, missing the consensus estimate of $11.66 by ($0.63). MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%.The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.45 billion. During the same period in the previous year, the firm earned $12.61 earnings per share. The company’s revenue was up 44.6% on a year-over-year basis. On average, equities research analysts predict that MercadoLibre, Inc. will post 43.96 earnings per share for the current fiscal year.

MercadoLibre Company Profile

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.