Meta Platforms, Inc. $META is M1 Capital Management LLC’s 9th Largest Position

M1 Capital Management LLC boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,398 shares of the social networking company’s stock after acquiring an additional 19 shares during the quarter. Meta Platforms accounts for 2.8% of M1 Capital Management LLC’s holdings, making the stock its 9th largest position. M1 Capital Management LLC’s holdings in Meta Platforms were worth $5,460,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of META. Inlight Wealth Management LLC acquired a new stake in Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms in the first quarter valued at approximately $28,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms in the first quarter valued at approximately $33,000. Finally, Maseco LLP acquired a new stake in Meta Platforms in the second quarter valued at approximately $54,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction on 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 SEC, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 214,182 shares of company stock worth $164,933,323. 13.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on META. Bank of America raised their price objective on Meta Platforms from $775.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Robert W. Baird raised their price objective on Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a report on Wednesday, July 2nd. Loop Capital reaffirmed a “buy” rating and issued a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Zacks Research cut Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

Meta Platforms Stock Performance

NASDAQ META opened at $716.91 on Friday. The stock’s fifty day moving average is $746.75 and its two-hundred day moving average is $683.72. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. 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.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data 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. The company had revenue of $47.52 billion for 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%.The firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current 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 paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s payout ratio is 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.