Greenbush Financial Group LLC Boosts Stake in Meta Platforms, Inc. $META

Greenbush Financial Group LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,845 shares of the social networking company’s stock after buying an additional 113 shares during the quarter. Meta Platforms accounts for approximately 0.9% of Greenbush Financial Group LLC’s holdings, making the stock its 25th biggest position. Greenbush Financial Group LLC’s holdings in Meta Platforms were worth $2,100,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Inlight Wealth Management LLC bought a new stake in Meta Platforms during the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the first quarter worth about $33,000. Evergreen Private Wealth LLC raised its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the period. Finally, JCIC Asset Management Inc. lifted its position in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after buying an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Down 2.3%

Shares of NASDAQ:META opened at $710.56 on Friday. 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 business has a 50 day simple moving average of $753.21 and a two-hundred day simple moving average of $675.45. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm has a market capitalization of $1.79 trillion, a PE ratio of 25.73, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the company earned $5.16 EPS. Meta Platforms’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 predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analyst Weigh In

META has been the subject of several analyst reports. DA Davidson increased their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Royal Bank Of Canada raised their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Morgan Stanley lifted their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Benchmark increased their price target on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Sanford C. Bernstein boosted 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. Four 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $830.02.

Insider Activity at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the sale, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Over the last quarter, insiders sold 214,182 shares of company stock worth $164,955,168. 13.61% of the stock is currently owned by corporate insiders.

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.