Campbell Newman Asset Management Inc. Decreases Holdings in Meta Platforms, Inc. $META

Campbell Newman Asset Management Inc. trimmed its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,344 shares of the social networking company’s stock after selling 185 shares during the quarter. Campbell Newman Asset Management Inc.’s holdings in Meta Platforms were worth $3,206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Pachira Investments Inc. boosted its position in Meta Platforms by 3.0% during the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares during the period. Shelton Wealth Management LLC lifted its stake in shares of Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares in the last quarter. Myecfo LLC boosted its holdings in Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after buying an additional 15 shares during the period. Kooman & Associates boosted its holdings in Meta Platforms by 2.8% in the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock worth $402,000 after buying an additional 15 shares during the period. Finally, Cedar Point Capital Partners LLC grew its stake in Meta Platforms by 2.2% in the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock valued at $433,000 after buying an additional 16 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Morgan Stanley increased their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Zacks Research downgraded Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Bank of America upped their price target on Meta Platforms from $775.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a research report on Wednesday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $830.02.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 8,412 shares of the company’s stock, valued at $6,371,837.64. The trade was a 5.24% 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, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the sale, the insider owned 29,832 shares of the company’s stock, valued at approximately $22,120,428. This trade represents a 1.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 213,665 shares of company stock worth $164,584,215 over the last three months. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Down 2.3%

NASDAQ:META opened at $710.56 on Monday. The stock has a market cap of $1.79 trillion, a price-to-earnings ratio of 25.73, a P/E/G ratio of 1.48 and a beta of 1.20. The company has a 50-day moving average price of $753.21 and a 200-day moving average price of $676.07. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. 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 (NASDAQ:META) last announced its quarterly earnings data 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the firm posted $5.16 earnings per share. The company’s revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts predict 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. Investors 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 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend 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.