Hamilton Capital Partners LLC Purchases 1,473 Shares of Meta Platforms, Inc. $META

Hamilton Capital Partners LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,760 shares of the social networking company’s stock after acquiring an additional 1,473 shares during the quarter. Meta Platforms comprises 8.8% of Hamilton Capital Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Hamilton Capital Partners LLC’s holdings in Meta Platforms were worth $18,275,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in META. Brighton Jones LLC lifted its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the period. Clean Yield Group raised its holdings in shares of Meta Platforms by 100.0% during the first quarter. Clean Yield Group now owns 108 shares of the social networking company’s stock valued at $62,000 after purchasing an additional 54 shares during the period. City Center Advisors LLC bought a new position in shares of Meta Platforms during the 1st quarter worth about $266,000. Finally, Griffith & Werner Inc. grew its stake in shares of Meta Platforms by 4.4% in the 1st quarter. Griffith & Werner Inc. now owns 9,867 shares of the social networking company’s stock valued at $5,687,000 after buying an additional 416 shares during the period. 79.91% of the stock is owned by institutional investors.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $748.72, for a total value of $387,088.24. Following the transaction, the chief operating officer directly owned 10,026 shares in the company, valued at $7,506,666.72. The trade was a 4.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total transaction of $384,838.50. Following the transaction, the insider directly 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 disclosure for this sale can be found here. Insiders have sold 213,146 shares of company stock worth $164,209,720 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on META. Royal Bank Of Canada upped their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price objective on Meta Platforms and gave the company an “outperform” rating in a report on Monday, September 29th. Piper Sandler increased their target price on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Roth Capital lifted their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Finally, Guggenheim restated a “buy” rating and set a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $830.02.

Meta Platforms Trading Up 0.7%

NASDAQ:META opened at $715.66 on Tuesday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm has a 50-day moving average price of $753.17 and a two-hundred day moving average price of $676.91. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market cap of $1.80 trillion, a price-to-earnings ratio of 25.91, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20.

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

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. 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 (DPR) is currently 7.60%.

About Meta Platforms

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.