Tower Wealth Partners Inc. Purchases 206 Shares of Meta Platforms, Inc. $META

Tower Wealth Partners Inc. raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 27.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 963 shares of the social networking company’s stock after purchasing an additional 206 shares during the period. Meta Platforms accounts for approximately 0.4% of Tower Wealth Partners Inc.’s portfolio, making the stock its 28th largest holding. Tower Wealth Partners Inc.’s holdings in Meta Platforms were worth $711,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Csenge Advisory Group boosted its stake in Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC boosted its stake in Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after buying an additional 34 shares during the period. JMG Financial Group Ltd. bought a new stake in Meta Platforms during the first quarter valued at $284,000. Infusive Asset Management Inc. boosted its stake in Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC boosted its stake in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the period. 79.91% of the stock is owned by institutional investors.

Meta Platforms Stock Up 0.6%

META opened at $738.36 on Friday. The company has a market cap of $1.85 trillion, a P/E ratio of 26.73, a P/E/G ratio of 1.57 and a beta of 1.20. The business’s 50-day moving average price is $742.11 and its 200-day moving average price is $691.34. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the business earned $5.16 EPS. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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 dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on META shares. Oppenheimer dropped their price objective on Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Wedbush raised their price target on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Mizuho set a $925.00 price target on Meta Platforms and gave the company an “outperform” rating in a research report on Monday, September 29th. Sanford C. Bernstein raised their price target on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, Citigroup restated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms has a consensus rating of “Buy” and an average target price of $829.66.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $721.30, for a total value of $372,912.10. Following the sale, the chief operating officer directly owned 8,475 shares in the company, valued at approximately $6,113,017.50. The trade was a 5.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 214,182 shares of company stock valued at $164,951,541. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Company 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.