MBA Advisors LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 6.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,816 shares of the social networking company’s stock after acquiring an additional 114 shares during the period. MBA Advisors LLC’s holdings in Meta Platforms were worth $1,340,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Invesco Ltd. boosted its position in shares of Meta Platforms by 2.3% in the first 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. boosted its position in shares of Meta Platforms by 8.8% in the first 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 boosted its position in shares of Meta Platforms by 4.5% in the first 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 purchasing an additional 536,160 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Meta Platforms by 2.5% in the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after purchasing an additional 247,850 shares during the period. 79.91% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Roth Capital lifted their price objective 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. Truist Financial set a $880.00 price objective on shares of Meta Platforms in a research report on Thursday, September 18th. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Finally, Sanford C. Bernstein lifted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $830.02.
Meta Platforms Stock Up 0.7%
NASDAQ META opened at $715.66 on Tuesday. 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 company has a market capitalization of $1.80 trillion, a P/E ratio of 25.91, a P/E/G ratio of 1.48 and a beta of 1.20. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a 50 day moving average price of $753.17 and a 200-day moving average price of $676.91.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its 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 firm 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%.The company’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The business 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 payout ratio is currently 7.60%.
Insider Buying and Selling
In other news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,146 shares of company stock worth $164,209,720. 13.61% of the stock is owned by company insiders.
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.
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