Johnson Bixby & Associates LLC Sells 277 Shares of Meta Platforms, Inc. $META

Johnson Bixby & Associates LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META) by 11.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,128 shares of the social networking company’s stock after selling 277 shares during the quarter. Johnson Bixby & Associates LLC’s holdings in Meta Platforms were worth $1,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. RBA Wealth Management LLC raised its stake in Meta Platforms by 3.4% during the 2nd quarter. RBA Wealth Management LLC now owns 9,448 shares of the social networking company’s stock worth $6,973,000 after buying an additional 307 shares during the period. SC&H Financial Advisors Inc. raised its stake in shares of Meta Platforms by 4.1% in the second quarter. SC&H Financial Advisors Inc. now owns 1,953 shares of the social networking company’s stock worth $1,442,000 after purchasing an additional 77 shares during the last quarter. Hengehold Capital Management LLC raised its stake in shares of Meta Platforms by 12.1% in the second quarter. Hengehold Capital Management LLC now owns 1,420 shares of the social networking company’s stock worth $1,048,000 after purchasing an additional 153 shares during the last quarter. TBH Global Asset Management LLC grew its holdings in shares of Meta Platforms by 17.8% in the second quarter. TBH Global Asset Management LLC now owns 11,655 shares of the social networking company’s stock valued at $8,602,000 after acquiring an additional 1,757 shares in the last quarter. Finally, Ariose Capital Management Ltd bought a new position in shares of Meta Platforms in the second quarter valued at approximately $42,071,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have weighed in on META. Piper Sandler increased their price objective on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Truist Financial set a $880.00 price target on Meta Platforms in a research report on Thursday, September 18th. Scotiabank raised their target price on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Oppenheimer lifted their price objective on Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, Roth Capital lifted their price objective on Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $830.02.

Meta Platforms Price Performance

Shares of META opened at $727.05 on Friday. The firm has a market cap of $1.83 trillion, a PE ratio of 26.32, a P/E/G ratio of 1.50 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a fifty day simple moving average of $753.26 and a two-hundred day simple moving average of $673.93. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 period in the previous year, the business earned $5.16 EPS. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 7.60%.

Insider Activity

In other news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total transaction of $384,838.50. Following the completion of the sale, the insider owned 29,832 shares of the company’s stock, valued at $22,120,428. The trade was a 1.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total transaction of $352,223.55. Following the sale, the director directly owned 8,412 shares of the company’s stock, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 214,182 shares of company stock valued at $164,955,168 in the last 90 days. Company insiders own 13.61% of the company’s stock.

Meta Platforms 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.