Sather Financial Group Inc Increases Stock Position in Meta Platforms, Inc. $META

Sather Financial Group Inc grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 43.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 802 shares of the social networking company’s stock after purchasing an additional 244 shares during the period. Sather Financial Group Inc’s holdings in Meta Platforms were worth $592,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its position in Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Invesco Ltd. raised its position in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after buying an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Meta Platforms by 4.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after acquiring an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after purchasing an additional 247,850 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Up 0.2%

NASDAQ:META opened at $733.27 on Wednesday. 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, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a 50-day moving average of $744.95 and a 200 day moving average of $686.70. The firm has a market cap of $1.84 trillion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS 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 during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the business posted $5.16 EPS. The business’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, research analysts anticipate 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. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date of this dividend 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 currently 7.60%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $713.34, for a total value of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares of the company’s stock, valued at approximately $6,414,353.28. This represents a 5.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert M. Kimmitt sold 465 shares of the 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 sale, the director directly owned 7,947 shares in the company, valued at $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 213,146 shares of company stock worth $164,196,453. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research report on Wednesday, October 8th. Hsbc Global Res upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Robert W. Baird lifted their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and increased their price objective for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, Raymond James Financial upped their target price on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 31st. Four equities research 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.