Court Place Advisors LLC Raises Stock Holdings in Meta Platforms, Inc. $META

Court Place Advisors LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 13.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,013 shares of the social networking company’s stock after purchasing an additional 120 shares during the quarter. Court Place Advisors LLC’s holdings in Meta Platforms were worth $748,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms during the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC boosted its holdings in shares of Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the last quarter. Finally, JCIC Asset Management Inc. lifted its holdings in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 519 shares of Meta Platforms 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 transaction, the insider owned 28,794 shares of the company’s stock, valued at $20,381,832.90. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, October 13th. The stock was sold at an average price of $713.34, for a total transaction of $368,796.78. Following the completion of the transaction, the chief operating officer owned 8,992 shares in the company, valued at $6,414,353.28. This trade represents a 5.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,933,323 over the last 90 days. 13.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

META has been the topic of several research reports. Canaccord Genuity Group raised their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Stifel Nicolaus upped their target price on shares of Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. JMP Securities increased their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. Finally, Mizuho set a $925.00 price objective on Meta Platforms and gave the stock an “outperform” rating in a report on Monday, September 29th. Four equities research 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Trading Up 0.7%

NASDAQ:META opened at $716.91 on Friday. The stock’s 50-day moving average is $746.75 and its two-hundred day moving average is $683.72. The stock has a market cap of $1.80 trillion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. 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 debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META) last posted 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 analysts’ expectations of $44.55 billion. During the same period in the previous year, the company posted $5.16 EPS. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

About Meta Platforms

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.