Meta Platforms, Inc. $META is Fishman Jay A Ltd. MI’s 5th Largest Position

Fishman Jay A Ltd. MI boosted its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,179 shares of the social networking company’s stock after buying an additional 3,908 shares during the quarter. Meta Platforms makes up about 6.1% of Fishman Jay A Ltd. MI’s holdings, making the stock its 5th biggest position. Fishman Jay A Ltd. MI’s holdings in Meta Platforms were worth $63,608,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its holdings in Meta Platforms by 608,429.2% in 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 acquiring an additional 59,766,000 shares during the period. Invesco Ltd. boosted its position in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after acquiring an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Meta Platforms by 4.5% during the 1st 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 valued at $7,229,553,000 after purchasing an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after purchasing an additional 247,850 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 1.5%

META stock opened at $715.70 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’s 50-day simple moving average is $750.98 and its 200 day simple moving average is $680.75. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a market capitalization of $1.80 trillion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the prior year, the company posted $5.16 earnings per share. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate 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. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

Insider Activity

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total value of $372,112.62. Following the sale, the insider directly owned 29,313 shares in the company, valued at approximately $21,016,834.74. This trade represents a 1.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $352,223.55. Following the sale, the director owned 8,412 shares in the company, valued at approximately $6,371,837.64. This represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 212,681 shares of company stock worth $163,863,761. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on META. Citizens Jmp boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Guggenheim restated a “buy” rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Robert W. Baird upped their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Piper Sandler increased their target price on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, Bank of America upped their price target 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. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $830.68.

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.