SWS Partners lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,504 shares of the social networking company’s stock after acquiring an additional 38 shares during the quarter. SWS Partners’ holdings in Meta Platforms were worth $3,325,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in META. Kingstone Capital Partners Texas LLC raised its holdings in shares of Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after acquiring an additional 59,766,000 shares in the last quarter. Invesco Ltd. increased its stake in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares during the period. Goldman Sachs Group Inc. increased its stake in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after buying an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after buying an additional 247,850 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on META. Citizens Jmp lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Pivotal Research upped their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. BMO Capital Markets boosted their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. KeyCorp upped their price objective on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Finally, Monness Crespi & Hardt upped their price objective on Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $830.02.
Meta Platforms Stock Down 2.3%
Shares of NASDAQ META opened at $710.56 on Friday. 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 stock 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, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The stock’s fifty day simple moving average is $753.21 and its two-hundred day simple moving average is $675.45.
Meta Platforms (NASDAQ:META – Get Free Report) 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 firm had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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 $0.525 dividend. 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 dividend payout ratio (DPR) is presently 7.60%.
Insider Transactions at Meta Platforms
In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $741.50, for a total value 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. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, September 29th. The stock was 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 of the company’s stock, valued at $7,506,666.72. The trade was a 4.90% decrease in their position. 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 quarter. 13.61% of the stock is currently owned by corporate insiders.
Meta Platforms Company 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.
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