Barlow Wealth Partners Inc. Increases Stock Position in Meta Platforms, Inc. $META

Barlow Wealth Partners Inc. lifted its holdings in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 24.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 33,692 shares of the social networking company’s stock after purchasing an additional 6,659 shares during the period. Meta Platforms comprises 2.9% of Barlow Wealth Partners Inc.’s holdings, making the stock its 11th biggest position. Barlow Wealth Partners Inc.’s holdings in Meta Platforms were worth $24,041,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of META. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $33,000. Evergreen Private Wealth LLC raised its stake in shares of Meta Platforms by 237.5% during the 2nd 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. Maseco LLP bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $54,000. Finally, eCIO Inc. bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $58,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Scotiabank boosted their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 31st. Pivotal Research increased their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a research note on Saturday. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $829.66.

Read Our Latest Research Report on META

Meta Platforms Stock Up 0.6%

NASDAQ:META opened at $738.36 on Monday. The firm has a market capitalization of $1.85 trillion, a P/E ratio of 26.73, a PEG ratio of 1.57 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company’s fifty day moving average price is $742.11 and its 200-day moving average price is $692.08. 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:METAGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. 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 presently 7.60%.

Insider Transactions at Meta Platforms

In related news, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director owned 7,947 shares in the company, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $736.37, for a total transaction of $382,176.03. Following the sale, the insider owned 28,275 shares in the company, valued at approximately $20,820,861.75. This represents a 1.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 213,665 shares of company stock valued at $164,581,886 in the last 90 days. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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