M. Kraus & Co Purchases New Position in Meta Platforms, Inc. $META

M. Kraus & Co purchased a new stake in Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 312 shares of the social networking company’s stock, valued at approximately $230,000.

A number of other large investors have also recently modified their holdings of META. Brighton Jones LLC grew its stake in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. GAMMA Investing LLC grew its stake in Meta Platforms by 16.7% in the first quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock valued at $23,453,000 after purchasing an additional 5,829 shares during the last quarter. 1776 Wealth LLC lifted its holdings in shares of Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after purchasing an additional 675 shares during the last quarter. Finally, Beacon Capital Management LLC lifted its holdings in shares of Meta Platforms by 1.4% during the 1st quarter. Beacon Capital Management LLC now owns 2,804 shares of the social networking company’s stock valued at $1,616,000 after purchasing an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $716.91 on Friday. 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 quick ratio of 1.97 and a current ratio of 1.97. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.96, a PEG ratio of 1.50 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 $683.72.

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

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 7.60%.

Insider Activity

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total transaction of $367,374.15. Following the sale, the insider directly owned 28,794 shares in the company, valued at $20,381,832.90. This trade represents a 1.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated 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 disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,933,323 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

META has been the subject of several analyst reports. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Wedbush increased their price objective on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. TD Cowen increased their price objective on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 31st. Finally, Piper Sandler upped 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. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $830.68.

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.