Legal & General Group Plc Acquires 5,302 Shares of MercadoLibre, Inc. $MELI

Posted by George Bondi on Aug 26th, 2026

Legal & General Group Plc increased its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 252,603 shares of the company’s stock after purchasing an additional 5,302 shares during the period. Legal & General Group Plc owned approximately 0.50% of MercadoLibre worth $428,766,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MELI. Capital Research Global Investors lifted its position in shares of MercadoLibre by 22.5% during the 4th quarter. Capital Research Global Investors now owns 2,225,031 shares of the company’s stock valued at $4,481,812,000 after acquiring an additional 408,939 shares during the period. Capital International Investors lifted its position in MercadoLibre by 7.3% in the 4th quarter. Capital International Investors now owns 1,725,125 shares of the company’s stock valued at $3,474,880,000 after acquiring an additional 118,018 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of MercadoLibre by 9.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,583,071 shares of the company’s stock valued at $3,188,718,000 after purchasing an additional 137,100 shares in the last quarter. BlackRock Inc. bought a new position in MercadoLibre during the 2nd quarter valued at $2,246,015,000. Finally, Janus Henderson Group PLC lifted its position in shares of MercadoLibre by 1.7% during the first quarter. Janus Henderson Group PLC now owns 614,238 shares of the company’s stock valued at $1,062,019,000 after purchasing an additional 10,142 shares in the last quarter. 87.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on MELI. Barclays cut their price objective on MercadoLibre from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Raymond James Financial set a $2,000.00 price objective on shares of MercadoLibre in a report on Friday, May 8th. Scotiabank reduced their target price on MercadoLibre from $3,500.00 to $2,800.00 and set a “sector outperform” rating for the company in a report on Thursday, May 7th. Morgan Stanley reduced their price target on shares of MercadoLibre from $2,600.00 to $2,450.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their price objective on MercadoLibre from $1,900.00 to $2,150.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,272.00.

Check Out Our Latest Analysis on MercadoLibre

MercadoLibre Price Performance

Shares of MercadoLibre stock opened at $1,997.00 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.12 and a quick ratio of 1.10. MercadoLibre, Inc. has a one year low of $1,495.00 and a one year high of $2,548.50. The business’s 50 day simple moving average is $1,805.54 and its two-hundred day simple moving average is $1,771.87. The stock has a market capitalization of $101.25 billion, a P/E ratio of 54.31, a price-to-earnings-growth ratio of 1.33 and a beta of 1.34.

MercadoLibre (NASDAQ:MELI – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $9.19 EPS for the quarter, beating analysts’ consensus estimates of $8.65 by $0.54. The company had revenue of $10.17 billion during the quarter, compared to analyst estimates of $9.79 billion. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The firm’s revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the business posted $10.31 EPS. Analysts forecast that MercadoLibre, Inc. will post 39.11 EPS for the current year.

About MercadoLibre

(Free Report)

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.