Meta Platforms, Inc. $META Stock Holdings Decreased by Cullinan Associates Inc.

Cullinan Associates Inc. lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 11.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 20,855 shares of the social networking company’s stock after selling 2,635 shares during the period. Meta Platforms accounts for approximately 1.0% of Cullinan Associates Inc.’s holdings, making the stock its 27th biggest holding. Cullinan Associates Inc.’s holdings in Meta Platforms were worth $15,393,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Pachira Investments Inc. increased its position in shares of Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares during the last quarter. Shelton Wealth Management LLC boosted its holdings in shares of Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares during the period. Myecfo LLC boosted its holdings in shares of Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after buying an additional 15 shares during the period. Kooman & Associates boosted its holdings in shares of Meta Platforms by 2.8% in the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after buying an additional 15 shares during the period. Finally, Nabity Jensen Investment Management Inc raised its stake in Meta Platforms by 1.1% during the second quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company’s stock worth $1,017,000 after acquiring an additional 15 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 1.5%

Meta Platforms stock opened at $715.70 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $750.98 and a two-hundred day moving average price of $680.75. The firm has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.91, a PEG ratio of 1.47 and a beta of 1.20. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last posted its earnings results 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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on META shares. Morgan Stanley increased their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Bank of America increased their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Wells Fargo & Company increased their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Finally, Barclays increased their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Four equities research 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. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and an average price target of $830.68.

Insider Activity at Meta Platforms

In other news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 212,681 shares of company stock valued at $163,863,761. Insiders own 13.61% of the company’s stock.

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.