SilverOak Wealth Management LLC Grows Stock Holdings in Meta Platforms, Inc. $META

SilverOak Wealth Management LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,774 shares of the social networking company’s stock after buying an additional 599 shares during the quarter. Meta Platforms comprises about 0.8% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. SilverOak Wealth Management LLC’s holdings in Meta Platforms were worth $4,262,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its position in Meta Platforms by 608,429.2% during 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 buying an additional 59,766,000 shares during the last quarter. Invesco Ltd. raised its position in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Meta Platforms by 8.8% during 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 buying an additional 1,255,546 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Meta Platforms by 4.5% during 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 buying an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in Meta Platforms by 2.5% during 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 buying an additional 247,850 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on META. Truist Financial set a $880.00 price target on shares of Meta Platforms in a research report on Thursday, September 18th. Robert W. Baird raised their price objective 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. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. Barclays raised their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Guggenheim reaffirmed a “buy” rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $829.66.

Meta Platforms Trading Up 0.6%

Shares of META opened at $738.36 on Monday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week 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’s fifty day moving average is $742.11 and its two-hundred day moving average is $692.08. The stock has a market cap of $1.85 trillion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 1.57 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm earned $5.16 EPS. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Activity at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms 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 completion of the transaction, the director directly owned 7,947 shares of the company’s stock, valued at $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 is available through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $736.37, for a total value of $382,176.03. Following the completion of the transaction, the insider directly owned 28,275 shares of the company’s stock, valued at approximately $20,820,861.75. This represents a 1.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 213,665 shares of company stock worth $164,581,886. Company insiders own 13.61% of the company’s stock.

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.