Pinion Investment Advisors LLC Has $1.28 Million Stock Holdings in Meta Platforms, Inc. $META

Pinion Investment Advisors LLC grew its position in Meta Platforms, Inc. (NASDAQ:META) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,739 shares of the social networking company’s stock after purchasing an additional 64 shares during the period. Pinion Investment Advisors LLC’s holdings in Meta Platforms were worth $1,284,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth $28,000. Evergreen Private Wealth LLC increased its position 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 acquiring an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the first quarter worth $33,000. Finally, Maseco LLP bought a new stake in shares of Meta Platforms during the second quarter worth $54,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total transaction of $367,374.15. Following the completion of the sale, the insider owned 28,794 shares of the company’s stock, valued at approximately $20,381,832.90. The trade was a 1.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $713.34, for a total transaction of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares of the company’s stock, valued at $6,414,353.28. The trade was a 5.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 214,182 shares of company stock valued at $164,933,323. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Shares of META opened at $716.91 on Friday. The firm has a 50-day moving average of $746.75 and a 200-day moving average of $683.72. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company 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. 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 announced its quarterly earnings data 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. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Guggenheim reaffirmed a “buy” rating and issued a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Scotiabank raised their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Piper Sandler raised their target price on shares of Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Tuesday. Finally, Raymond James Financial raised their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $830.68.

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.