Chatham Capital Group Inc. boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,254 shares of the social networking company’s stock after buying an additional 265 shares during the period. Chatham Capital Group Inc.’s holdings in Meta Platforms were worth $4,616,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased 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 worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC increased 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 worth $5,537,000 after purchasing an additional 875 shares during the last quarter. Apella Capital LLC increased its position in Meta Platforms by 40.6% in the 1st quarter. Apella Capital LLC now owns 3,560 shares of the social networking company’s stock worth $2,085,000 after purchasing an additional 1,028 shares during the last quarter. Matrix Trust Co increased its position in Meta Platforms by 26.4% in the 1st quarter. Matrix Trust Co now owns 359 shares of the social networking company’s stock worth $207,000 after purchasing an additional 75 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC increased its position in Meta Platforms by 3.1% in the 1st quarter. Warren Street Wealth Advisors LLC now owns 3,004 shares of the social networking company’s stock worth $1,731,000 after purchasing an additional 89 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Meta Platforms
In related news, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the sale, the director directly owned 8,412 shares of the company’s stock, valued at $6,371,837.64. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the completion of the sale, the insider directly owned 29,832 shares of the company’s stock, valued at $22,120,428. This trade represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,955,168 in the last three months. Corporate insiders own 13.61% of the company’s stock.
Meta Platforms Price Performance
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the company earned $5.16 EPS. The company’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.
Analysts Set New Price Targets
Several research analysts have weighed in on META shares. Robert W. Baird upped their target price on Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Morgan Stanley increased their price objective on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Guggenheim reissued a “buy” rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Finally, Sanford C. Bernstein increased their price objective on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $830.02.
Read Our Latest Stock Analysis on Meta Platforms
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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