Talbot Financial LLC Takes Position in Meta Platforms, Inc. $META

Talbot Financial LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 277 shares of the social networking company’s stock, valued at approximately $204,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of META. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Meta Platforms by 608,429.2% during the 2nd 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 buying an additional 59,766,000 shares during the period. Invesco Ltd. lifted its position in Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after acquiring an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% during 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 acquiring an additional 1,255,546 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Meta Platforms by 4.5% during 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 acquiring an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in Meta Platforms by 2.5% during 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 acquiring an additional 247,850 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on META shares. Bank of America raised their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a research report on Wednesday. Monness Crespi & Hardt raised their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Benchmark raised their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Truist Financial set a $880.00 price objective on shares of Meta Platforms in a research report on Thursday, September 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Insider Activity

In related news, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction that occurred 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 214,182 shares of company stock valued at $164,946,219. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $705.30 on Friday. The company’s 50 day simple moving average is $752.20 and its 200 day simple moving average is $679.24. The stock has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 25.54, a price-to-earnings-growth 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. 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 (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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