Campion Asset Management Buys New Stake in Meta Platforms, Inc. $META

Campion Asset Management acquired a new position in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 275 shares of the social networking company’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of 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 purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of 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 purchasing an additional 875 shares in the last quarter. Permanent Capital Management LP raised its holdings in shares of Meta Platforms by 4.9% in the 1st quarter. Permanent Capital Management LP now owns 1,891 shares of the social networking company’s stock valued at $1,090,000 after purchasing an additional 89 shares in the last quarter. Procyon Advisors LLC raised its holdings in shares of Meta Platforms by 10.1% in the 1st quarter. Procyon Advisors LLC now owns 56,338 shares of the social networking company’s stock valued at $32,471,000 after purchasing an additional 5,154 shares in the last quarter. Finally, Prospect Financial Services LLC raised its holdings in shares of Meta Platforms by 0.7% in the 1st quarter. Prospect Financial Services LLC now owns 5,895 shares of the social networking company’s stock valued at $3,397,000 after purchasing an additional 39 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

NASDAQ:META opened at $710.56 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a fifty day moving average of $753.21 and a two-hundred day moving average of $675.45. The stock has a market capitalization of $1.79 trillion, a PE ratio of 25.73, a P/E/G ratio of 1.48 and a beta of 1.20. 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 posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the prior year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Activity

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $748.72, for a total value of $387,088.24. Following the completion of the sale, the chief operating officer directly owned 10,026 shares in the company, valued at $7,506,666.72. This represents a 4.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were 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 represents a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock worth $164,955,168 over the last three months. Insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Robert W. Baird boosted their target price on Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. BMO Capital Markets boosted their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. Finally, UBS Group boosted their target price on Meta Platforms from $812.00 to $897.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $830.02.

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.