One Degree Advisors Inc Grows Position in Meta Platforms, Inc. $META

One Degree Advisors Inc increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 29.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 504 shares of the social networking company’s stock after acquiring an additional 116 shares during the quarter. One Degree Advisors Inc’s holdings in Meta Platforms were worth $371,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bey Douglas LLC lifted its stake in Meta Platforms by 82.0% in the second quarter. Bey Douglas LLC now owns 8,029 shares of the social networking company’s stock worth $5,926,000 after acquiring an additional 3,617 shares during the period. West Bancorporation Inc. purchased a new stake in Meta Platforms in the second quarter worth about $625,000. Folger Nolan Fleming Douglas Capital Management Inc. lifted its stake in Meta Platforms by 3.1% in the second quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 12,807 shares of the social networking company’s stock worth $9,453,000 after acquiring an additional 385 shares during the period. Invictus Private Wealth LLC lifted its stake in Meta Platforms by 1.6% in the second quarter. Invictus Private Wealth LLC now owns 2,202 shares of the social networking company’s stock worth $1,625,000 after acquiring an additional 35 shares during the period. Finally, Lindenwold Advisors INC lifted its stake in Meta Platforms by 1.3% in the second quarter. Lindenwold Advisors INC now owns 4,949 shares of the social networking company’s stock worth $3,653,000 after acquiring an additional 65 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

META opened at $732.17 on Tuesday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.84 trillion, a P/E ratio of 26.51, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. The firm’s 50-day moving average price is $746.08 and its 200-day moving average price is $686.38.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (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 firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the prior year, the company posted $5.16 earnings per share. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Buying and Selling at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. This represents a 20.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred 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 disclosure for this sale can be found here. Insiders have sold a total of 213,146 shares of company stock worth $164,196,453 in the last 90 days. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Sanford C. Bernstein boosted their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. KeyCorp boosted their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Four 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 MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $829.66.

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.