Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Boosts Holdings in Meta Platforms, Inc. $META

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 107.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,500 shares of the social networking company’s stock after acquiring an additional 29,742 shares during the quarter. Meta Platforms accounts for approximately 5.0% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s investment portfolio, making the stock its 4th biggest holding. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s holdings in Meta Platforms were worth $42,440,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in shares of Meta Platforms in the first quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the first quarter worth about $33,000. Evergreen Private Wealth LLC lifted its holdings in shares of Meta Platforms by 237.5% in 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 during the last quarter. Finally, JCIC Asset Management Inc. lifted its holdings in shares of Meta Platforms by 102.6% in the first 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 last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Up 0.2%

Shares of META opened at $733.27 on Wednesday. The business’s 50-day moving average price is $744.95 and its 200-day moving average price is $686.70. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a market cap of $1.84 trillion, a PE ratio of 26.55, a P/E/G ratio of 1.53 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate 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 in the prior year, the business posted $5.16 earnings per share. The company’s 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 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.60%.

Analysts Set New Price Targets

Several research firms have recently issued reports on META. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a research note on Thursday, July 3rd. Mizuho set a $925.00 price target on shares of Meta Platforms and gave the company an “outperform” rating in a research note on Monday, September 29th. Royal Bank Of Canada lifted their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. TD Cowen boosted their price target on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Robert W. Baird boosted their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a report on Wednesday, July 2nd. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $829.66.

Insider Activity

In related news, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred 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 approximately $6,414,353.28. This trade represents a 5.44% decrease in their ownership of the stock. 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 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Meta Platforms 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.