Eagle Bluffs Wealth Management LLC Increases Stock Position in Meta Platforms, Inc. $META

Eagle Bluffs Wealth Management LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,087 shares of the social networking company’s stock after purchasing an additional 30 shares during the period. Meta Platforms accounts for approximately 1.4% of Eagle Bluffs Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. Eagle Bluffs Wealth Management LLC’s holdings in Meta Platforms were worth $3,017,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Robbins Farley lifted its holdings in shares of Meta Platforms by 9.9% in the second quarter. Robbins Farley now owns 7,344 shares of the social networking company’s stock valued at $5,421,000 after purchasing an additional 660 shares in the last quarter. Mainsail Financial Group LLC purchased a new stake in shares of Meta Platforms in the second quarter valued at about $242,000. Bluesphere Advisors LLC lifted its holdings in shares of Meta Platforms by 5.5% in the second quarter. Bluesphere Advisors LLC now owns 2,101 shares of the social networking company’s stock valued at $1,551,000 after purchasing an additional 110 shares in the last quarter. Hamilton Capital Partners LLC raised its position in shares of Meta Platforms by 6.3% in the second quarter. Hamilton Capital Partners LLC now owns 24,760 shares of the social networking company’s stock valued at $18,275,000 after buying an additional 1,473 shares during the last quarter. Finally, Lee Johnson Capital Management LLC raised its position in shares of Meta Platforms by 34.1% in the second quarter. Lee Johnson Capital Management LLC now owns 8,984 shares of the social networking company’s stock valued at $6,631,000 after buying an additional 2,283 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the 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 completion of the sale, the insider owned 29,832 shares of the company’s stock, valued at $22,120,428. This represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Monday, September 15th. The stock was 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. The trade was a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold 213,146 shares of company stock valued at $164,209,720 over the last 90 days. Corporate insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Cantor Fitzgerald reissued an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a research report on Wednesday, September 17th. BMO Capital Markets boosted their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Stifel Nicolaus boosted their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Piper Sandler boosted their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Finally, Barclays boosted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Four research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $830.02.

Meta Platforms Trading Up 0.7%

META stock opened at $715.66 on Tuesday. The company has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.91, a PEG 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. The business has a fifty day simple moving average of $753.17 and a 200-day simple moving average of $676.91. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the business earned $5.16 earnings per share. The business’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 research analysts expect 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. 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 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.