Camelot Portfolios LLC Buys 181 Shares of Meta Platforms, Inc. $META

Camelot Portfolios LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 8.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,394 shares of the social networking company’s stock after purchasing an additional 181 shares during the period. Meta Platforms comprises approximately 1.1% of Camelot Portfolios LLC’s holdings, making the stock its 22nd biggest position. Camelot Portfolios LLC’s holdings in Meta Platforms were worth $1,767,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Csenge Advisory Group increased its holdings in Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC increased its holdings in Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new stake in Meta Platforms during the 1st quarter valued at approximately $284,000. Infusive Asset Management Inc. grew its holdings in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC grew its holdings in Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the transaction, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,955,168 over the last ninety days. 13.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

META has been the subject of a number of research analyst reports. Loop Capital reaffirmed a “buy” rating and set a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the company an “outperform” rating in a report on Monday. Piper Sandler increased their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. UBS Group increased their price objective on shares of Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Robert W. Baird increased their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Four equities 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 company. According to MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $830.02.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $710.56 on Friday. The firm has a market cap of $1.79 trillion, a P/E ratio of 25.73, a P/E/G ratio of 1.52 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. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock’s fifty day moving average price is $753.21 and its 200-day moving average price is $674.82.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion for 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%.The business’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

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.