Financiere des Professionnels Fonds d investissement inc. Makes New Investment in Meta Platforms, Inc. $META

Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,915 shares of the social networking company’s stock, valued at approximately $6,580,000.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Brighton Jones LLC grew its holdings in Meta Platforms by 1.7% during the fourth 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 boosted its position in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the period. Bank Pictet & Cie Europe AG lifted its stake in Meta Platforms by 3.5% in 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 in the last quarter. Vermillion Wealth Management Inc. acquired a new stake in Meta Platforms during the 4th quarter worth about $303,000. Finally, Perennial Advisors LLC acquired a new stake in Meta Platforms during the 4th quarter worth about $2,294,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $778.38 on Monday. The firm has a fifty day moving average price of $747.06 and a two-hundred day moving average price of $666.27. The company has a market cap of $1.96 trillion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the business earned $5.16 earnings per share. The firm’s revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Analyst Ratings Changes

META has been the topic of a number of research reports. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and upped their target price for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Benchmark boosted their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Scotiabank lifted their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Truist Financial set a $880.00 price objective on Meta Platforms in a report on Thursday. Finally, Monness Crespi & Hardt increased their price objective on Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $826.05.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $391,611.99. Following the completion of the transaction, the chief operating officer owned 11,060 shares in the company, valued at approximately $8,377,618.20. This represents a 4.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $767.16, for a total transaction of $398,156.04. Following the completion of the transaction, the insider owned 30,870 shares of the company’s stock, valued at approximately $23,682,229.20. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 257,405 shares of company stock valued at $196,059,438. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Company Profile

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.