Meta Platforms (NASDAQ:META – Free Report) had its price objective raised by DA Davidson from $650.00 to $825.00 in a research report released on Thursday,Benzinga reports. The firm currently has a buy rating on the social networking company’s stock. DA Davidson also issued estimates for Meta Platforms’ Q3 2025 earnings at $6.11 EPS.
Several other brokerages also recently issued reports on META. Canaccord Genuity Group increased their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. TD Cowen raised their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday. Wedbush raised their target price on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research report on Thursday. Evercore ISI raised their target price on shares of Meta Platforms from $725.00 to $750.00 and gave the company an “outperform” rating in a research report on Thursday, May 1st. Finally, Loop Capital raised their target price on shares of Meta Platforms from $695.00 to $888.00 and gave the company a “buy” rating in a research report on Friday, May 16th. Four investment analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $820.32.
Read Our Latest Stock Analysis on META
Meta Platforms Trading Down 3.0%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the business posted $5.16 earnings per share. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Equities research analysts anticipate that Meta Platforms will post 26.7 EPS for the current year.
Meta Platforms Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s payout ratio is currently 8.19%.
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, CEO Mark Zuckerberg sold 2,361 shares of the business’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $716.48, for a total value of $1,691,609.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $715.00, for a total transaction of $369,655.00. Following the completion of the sale, the chief operating officer directly owned 5,785 shares of the company’s stock, valued at $4,136,275. This represents a 8.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 152,980 shares of company stock worth $105,708,832. 13.61% of the stock is currently owned by company insiders.
Institutional Trading of Meta Platforms
A number of institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in shares of Meta Platforms by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company’s stock worth $129,666,000 after acquiring an additional 7,587 shares during the period. Highview Capital Management LLC DE lifted its holdings in shares of Meta Platforms by 3.7% during the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company’s stock worth $3,624,000 after acquiring an additional 218 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Meta Platforms during the 4th quarter worth approximately $2,243,603,000. Institutional investors own 79.91% of the company’s stock.
About Meta Platforms
Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.
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