Meta Platforms, Inc. $META is Secured Retirement Advisors LLC’s 7th Largest Position

Secured Retirement Advisors LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,522 shares of the social networking company’s stock after purchasing an additional 179 shares during the quarter. Meta Platforms makes up about 2.0% of Secured Retirement Advisors LLC’s portfolio, making the stock its 7th biggest holding. Secured Retirement Advisors LLC’s holdings in Meta Platforms were worth $3,338,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pachira Investments Inc. boosted its position in shares of Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the last quarter. Shelton Wealth Management LLC lifted its position in Meta Platforms by 0.9% in the second 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 last quarter. Myecfo LLC lifted its position in Meta Platforms by 2.0% in the second 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 last quarter. Kooman & Associates lifted its position in Meta Platforms by 2.8% in the second 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 last quarter. Finally, Nabity Jensen Investment Management Inc lifted its position in Meta Platforms by 1.1% in the second quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company’s stock valued at $1,017,000 after buying an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 1.3%

META stock opened at $717.55 on Thursday. The company’s 50 day moving average price is $748.80 and its 200 day moving average price is $681.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The firm has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 25.98, a PEG ratio of 1.48 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the firm earned $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued 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 is 7.60%.

Analysts Set New Price Targets

A number of research firms have commented on META. Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Raymond James Financial upped their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 31st. Guggenheim reiterated a “buy” rating and set a $800.00 price target (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. TD Cowen boosted their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, DA Davidson boosted their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research note 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 given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was 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 of the company’s stock, valued at $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $12,192,364.86. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,198 shares of company stock valued at $164,232,558. 13.61% of the stock is owned by company 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.