Mattson Financial Services LLC Boosts Stock Position in Meta Platforms, Inc. $META

Mattson Financial Services LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 4.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,196 shares of the social networking company’s stock after buying an additional 533 shares during the period. Meta Platforms makes up 2.4% of Mattson Financial Services LLC’s holdings, making the stock its 6th largest position. Mattson Financial Services LLC’s holdings in Meta Platforms were worth $9,002,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of META. Kingstone Capital Partners Texas LLC grew its holdings in shares of Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after acquiring an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Meta Platforms by 8.8% in the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Meta Platforms by 4.5% in the 1st 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 grew its holdings 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 worth $5,787,329,000 after acquiring an additional 247,850 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $738.36 on Monday. The business’s 50-day moving average price is $742.11 and its two-hundred 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, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a market capitalization of $1.85 trillion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 1.57 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 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 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 previous year, the company posted $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 213,665 shares of company stock worth $164,581,886 over the last quarter. 13.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on META. Stifel Nicolaus lifted their target price on Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Truist Financial set a $880.00 target price on Meta Platforms in a report on Thursday, September 18th. Guggenheim reiterated a “buy” rating and set a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Wells Fargo & Company lifted their price target on Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Finally, Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. 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. Based on data from MarketBeat.com, the company presently has an average rating of “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.