Curran Financial Partners LLC Boosts Stock Position in Meta Platforms, Inc. $META

Curran Financial Partners LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 40.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,452 shares of the social networking company’s stock after buying an additional 416 shares during the quarter. Curran Financial Partners LLC’s holdings in Meta Platforms were worth $1,072,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Inlight Wealth Management LLC bought a new stake in Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Meta Platforms in the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC grew its position in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Meta Platforms in the 1st quarter worth approximately $33,000. Finally, Maseco LLP acquired a new position in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on META. Raymond James Financial raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. increased their target price on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Sanford C. Bernstein boosted their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Wednesday, September 17th. Finally, UBS Group boosted their price objective on shares of Meta Platforms from $897.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $705.30 on Friday. The stock has a fifty day moving average price of $752.20 and a two-hundred day moving average price of $678.77. 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 $1.77 trillion, a P/E ratio of 25.54, a PEG ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. The business 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%.The company’s revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is 7.60%.

Insider Buying and Selling at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the firm’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 transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total value of $12,192,364.86. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 214,182 shares of company stock worth $164,946,219. 13.61% of the stock is currently owned by company insiders.

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.