Meta Platforms, Inc. $META is Cohen Investment Advisors LLC’s 5th Largest Position

Cohen Investment Advisors LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,373 shares of the social networking company’s stock after buying an additional 219 shares during the quarter. Meta Platforms comprises 4.0% of Cohen Investment Advisors LLC’s portfolio, making the stock its 5th largest holding. Cohen Investment Advisors LLC’s holdings in Meta Platforms were worth $7,656,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Csenge Advisory Group grew its holdings in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after buying an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC grew its holdings in Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new position in Meta Platforms during the 1st quarter valued at about $284,000. Infusive Asset Management Inc. grew its holdings in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC grew its holdings in Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.7%

Shares of META opened at $716.91 on Friday. The firm has a market cap of $1.80 trillion, a P/E ratio of 25.96, a P/E/G ratio of 1.49 and a beta of 1.20. The stock has a 50 day simple moving average of $746.75 and a two-hundred day simple moving average of $683.03. 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 issued its earnings results 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. The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the sale, the director owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the sale, the insider owned 28,794 shares of the company’s stock, valued at $20,381,832.90. The trade was a 1.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 214,182 shares of company stock worth $164,933,323. 13.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on META shares. Loop Capital reaffirmed a “buy” rating and set a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. BMO Capital Markets boosted their price objective on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a report on Thursday, July 31st. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Royal Bank Of Canada boosted their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Canaccord Genuity Group boosted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $830.68.

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.