Sterling Investment Advisors Ltd. Has $6.53 Million Position in Meta Platforms, Inc. $META

Sterling Investment Advisors Ltd. increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 15.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,849 shares of the social networking company’s stock after acquiring an additional 1,168 shares during the period. Meta Platforms comprises 1.4% of Sterling Investment Advisors Ltd.’s holdings, making the stock its 21st largest holding. Sterling Investment Advisors Ltd.’s holdings in Meta Platforms were worth $6,531,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the 1st quarter valued at approximately $33,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. grew its stake in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after buying an additional 40 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. TD Cowen lifted their price target on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and upped their price objective for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Bank of America boosted their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $830.02.

Meta Platforms Price Performance

Meta Platforms stock opened at $710.56 on Monday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company’s 50 day moving average price is $753.21 and its two-hundred day moving average price is $676.07. The stock has a market cap of $1.79 trillion, a P/E ratio of 25.73, a P/E/G ratio of 1.48 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period last year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued 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 of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is 7.60%.

Insider Activity at Meta Platforms

In related news, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $768.67, for a total transaction of $12,181,113.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 213,665 shares of company stock worth $164,584,215 in the last ninety days. Corporate insiders own 13.61% of the company’s stock.

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.