SGL Investment Advisors Inc. Buys 20 Shares of Meta Platforms, Inc. $META

SGL Investment Advisors Inc. boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,772 shares of the social networking company’s stock after buying an additional 20 shares during the period. Meta Platforms makes up about 2.3% of SGL Investment Advisors Inc.’s investment portfolio, making the stock its 13th largest holding. SGL Investment Advisors Inc.’s holdings in Meta Platforms were worth $4,880,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pachira Investments Inc. grew its holdings in shares of Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after acquiring an additional 14 shares during the period. Shelton Wealth Management LLC lifted its position in Meta Platforms by 0.9% during 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 purchasing an additional 15 shares in the last quarter. Myecfo LLC lifted its position in Meta Platforms by 2.0% during the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after purchasing an additional 15 shares in the last quarter. Kooman & Associates lifted its position in Meta Platforms by 2.8% during the second quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after purchasing an additional 15 shares in the last quarter. Finally, Nabity Jensen Investment Management Inc lifted its position 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 valued at $1,017,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on META. Cantor Fitzgerald reiterated an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a research report on Wednesday, September 17th. Piper Sandler lifted their target price on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Raymond James Financial lifted their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 31st. Sanford C. Bernstein lifted their target price on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, KeyCorp lifted their target price on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Four 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 company. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,198 shares of company stock worth $164,232,558. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 1.3%

Shares of NASDAQ META opened at $717.55 on Thursday. 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 business’s 50 day moving average price is $748.80 and its 200-day moving average price is $681.19. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a market cap 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 announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter in the prior year, the firm earned $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. On average, 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 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. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis 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.