Hudson Valley Investment Advisors Inc. ADV Has $15.79 Million Stake in Meta Platforms, Inc. $META

Hudson Valley Investment Advisors Inc. ADV increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 21,390 shares of the social networking company’s stock after acquiring an additional 791 shares during the period. Meta Platforms accounts for about 1.7% of Hudson Valley Investment Advisors Inc. ADV’s holdings, making the stock its 15th largest position. Hudson Valley Investment Advisors Inc. ADV’s holdings in Meta Platforms were worth $15,788,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Quent Capital LLC increased its holdings in shares of Meta Platforms by 3.4% during the 2nd quarter. Quent Capital LLC now owns 8,312 shares of the social networking company’s stock valued at $6,135,000 after acquiring an additional 276 shares during the last quarter. NTV Asset Management LLC increased its holdings in shares of Meta Platforms by 2.5% during the 2nd quarter. NTV Asset Management LLC now owns 9,049 shares of the social networking company’s stock valued at $6,679,000 after acquiring an additional 222 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in shares of Meta Platforms during the 2nd quarter valued at about $131,000. QRG Capital Management Inc. increased its holdings in shares of Meta Platforms by 6.3% during the 2nd quarter. QRG Capital Management Inc. now owns 460,676 shares of the social networking company’s stock valued at $340,021,000 after acquiring an additional 27,468 shares during the last quarter. Finally, ZWJ Investment Counsel Inc. increased its holdings in shares of Meta Platforms by 2.0% during the 2nd quarter. ZWJ Investment Counsel Inc. now owns 6,432 shares of the social networking company’s stock valued at $4,747,000 after acquiring an additional 126 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $705.30 on Friday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market capitalization of $1.77 trillion, a PE ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20. The business’s 50 day moving average is $752.20 and its 200-day moving average is $679.24. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

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, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the firm earned $5.16 EPS. Meta Platforms’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on META shares. JMP Securities increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. Robert W. Baird lifted their price target on Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Truist Financial set a $880.00 price target on Meta Platforms in a research report on Thursday, September 18th. Zacks Research downgraded Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Citizens Jmp lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Four investment 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. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $830.68.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total transaction of $372,112.62. Following the sale, the insider owned 29,313 shares of the company’s stock, valued at approximately $21,016,834.74. This trade represents a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the sale, the director directly owned 8,412 shares in the company, 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. In the last quarter, insiders have sold 214,182 shares of company stock valued at $164,946,219. 13.61% of the stock is owned by corporate 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.