S Bank Fund Management Ltd Grows Stock Position in Meta Platforms, Inc. $META

S Bank Fund Management Ltd increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 327.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the social networking company’s stock after acquiring an additional 15,317 shares during the period. Meta Platforms comprises approximately 2.2% of S Bank Fund Management Ltd’s holdings, making the stock its 8th largest holding. S Bank Fund Management Ltd’s holdings in Meta Platforms were worth $14,762,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the 1st quarter worth approximately $28,000. Evergreen Private Wealth LLC lifted its holdings in 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 buying an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the 1st quarter worth $33,000. Maseco LLP acquired a new position in Meta Platforms during the 2nd quarter worth $54,000. Finally, Piscataqua Savings Bank lifted its holdings in Meta Platforms by 433.3% during the 2nd quarter. Piscataqua Savings Bank now owns 80 shares of the social networking company’s stock worth $59,000 after buying an additional 65 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

META has been the topic of several research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. JMP Securities upped their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Guggenheim reaffirmed a “buy” rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Royal Bank Of Canada upped their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Five 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. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $829.66.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $721.30, for a total transaction of $372,912.10. Following the sale, the chief operating officer owned 8,475 shares of the company’s stock, valued at approximately $6,113,017.50. This trade represents a 5.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $736.37, for a total value of $382,176.03. Following the sale, the insider directly owned 28,275 shares in the company, valued at $20,820,861.75. The trade was a 1.80% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 213,665 shares of company stock valued at $164,581,886. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Up 0.6%

NASDAQ:META opened at $738.36 on Monday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization 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 stock’s fifty day simple moving average is $742.11 and its 200-day simple moving average is $692.08.

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, topping the consensus estimate of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current 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 paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

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.