Signature Wealth Management Partners LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,615 shares of the social networking company’s stock after purchasing an additional 93 shares during the period. Meta Platforms comprises 1.9% of Signature Wealth Management Partners LLC’s holdings, making the stock its 12th largest holding. Signature Wealth Management Partners LLC’s holdings in Meta Platforms were worth $3,407,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in META. Csenge Advisory Group boosted its position in shares of Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. acquired a new stake in shares of Meta Platforms during the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. boosted its position in shares of Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after acquiring an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC boosted its position in shares of Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on META shares. Robert W. Baird increased their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Loop Capital reiterated a “buy” rating and set a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. UBS Group increased their price target on shares of Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research report on Wednesday. Finally, Roth Capital increased their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $830.68.
Insider Buying and Selling at Meta Platforms
In other news, CTO Andrew Bosworth sold 11,694 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Insiders sold a total of 214,182 shares of company stock worth $164,946,219 over the last ninety days. Insiders own 13.61% of the company’s stock.
Meta Platforms Price Performance
Shares of NASDAQ:META opened at $705.30 on Friday. The company has a market cap of $1.77 trillion, a price-to-earnings ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a 50 day simple moving average of $752.20 and a 200 day simple moving average of $679.24. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS 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 the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.
Meta Platforms Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid 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 presently 7.60%.
Meta Platforms Company 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.
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