TFC Financial Management Inc. Grows Stock Position in Meta Platforms, Inc. $META

TFC Financial Management Inc. grew its position in Meta Platforms, Inc. (NASDAQ:META) by 52.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,978 shares of the social networking company’s stock after acquiring an additional 684 shares during the quarter. TFC Financial Management Inc.’s holdings in Meta Platforms were worth $1,460,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. 1776 Wealth LLC boosted its stake in Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after purchasing an additional 675 shares during the last quarter. LifeSteps Financial Inc. boosted its stake in Meta Platforms by 3.8% during the 1st quarter. LifeSteps Financial Inc. now owns 1,069 shares of the social networking company’s stock worth $616,000 after purchasing an additional 39 shares during the last quarter. Finally, FFG Partners LLC boosted its stake in Meta Platforms by 17.6% during the 1st quarter. FFG Partners LLC now owns 32,618 shares of the social networking company’s stock worth $18,800,000 after purchasing an additional 4,873 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the business’s 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 sale, the insider directly owned 28,275 shares in the company, valued at approximately $20,820,861.75. The trade was a 1.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of 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 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.

Meta Platforms Stock Up 0.6%

Shares of META opened at $738.36 on Monday. The firm has a market cap 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, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company’s 50-day moving average price is $742.11 and its 200 day moving average price is $692.08. 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 (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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%.

Analyst Ratings Changes

META has been the topic of a number of analyst reports. Citizens Jmp lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. JMP Securities lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. Bank of America lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Piper Sandler lifted their price objective on Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Raymond James Financial lifted their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $829.66.

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.