Carr Financial Group Corp Buys 130 Shares of Meta Platforms, Inc. $META

Carr Financial Group Corp lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 7.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,984 shares of the social networking company’s stock after purchasing an additional 130 shares during the quarter. Carr Financial Group Corp’s holdings in Meta Platforms were worth $1,464,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in META. Brighton Jones LLC lifted its position in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. Cerro Pacific Wealth Advisors LLC lifted its position in Meta Platforms by 2.9% in the 1st quarter. Cerro Pacific Wealth Advisors LLC now owns 4,483 shares of the social networking company’s stock valued at $2,625,000 after acquiring an additional 127 shares in the last quarter. Burr Financial Services LLC lifted its position in Meta Platforms by 2.6% in the 1st quarter. Burr Financial Services LLC now owns 19,337 shares of the social networking company’s stock valued at $11,145,000 after acquiring an additional 482 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its position in Meta Platforms by 14.1% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 47,404 shares of the social networking company’s stock valued at $27,322,000 after acquiring an additional 5,863 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Down 0.7%

NASDAQ:META opened at $743.75 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market capitalization of $1.87 trillion, a price-to-earnings ratio of 26.93, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The business has a fifty day moving average price of $751.74 and a 200-day moving average price of $671.40.

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

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on META shares. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and upped their price objective for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Sanford C. Bernstein upped their price objective on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Roth Capital increased their price target on Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Piper Sandler increased their price target on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, DA Davidson increased their price target on Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $826.05.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $781.33, for a total value of $403,947.61. Following the completion of the sale, the chief operating officer owned 10,543 shares in the company, valued at approximately $8,237,562.19. This represents a 4.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $769.20, for a total value of $399,214.80. Following the sale, the insider directly owned 30,351 shares in the company, valued at approximately $23,345,989.20. This represents a 1.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 229,819 shares of company stock worth $176,241,968 in the last three months. Corporate insiders own 13.61% of the company’s stock.

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.