Meta Platforms, Inc. $META is Hartline Investment Corp’s 10th Largest Position

Hartline Investment Corp lessened its stake in Meta Platforms, Inc. (NASDAQ:META) by 0.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,299 shares of the social networking company’s stock after selling 324 shares during the period. Meta Platforms accounts for about 3.0% of Hartline Investment Corp’s portfolio, making the stock its 10th largest position. Hartline Investment Corp’s holdings in Meta Platforms were worth $26,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in META. Arista Wealth Management LLC boosted its position in Meta Platforms by 1,065.0% in the 2nd quarter. Arista Wealth Management LLC now owns 4,963 shares of the social networking company’s stock valued at $3,663,000 after buying an additional 4,537 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of Meta Platforms by 4.1% during the second quarter. Stratos Wealth Partners LTD. now owns 101,297 shares of the social networking company’s stock valued at $74,766,000 after acquiring an additional 4,028 shares in the last quarter. AssuredPartners Investment Advisors LLC raised its stake in shares of Meta Platforms by 142.2% during the second quarter. AssuredPartners Investment Advisors LLC now owns 4,699 shares of the social networking company’s stock valued at $3,468,000 after acquiring an additional 2,759 shares in the last quarter. BXM Wealth LLC boosted its holdings in shares of Meta Platforms by 8.1% in the second quarter. BXM Wealth LLC now owns 1,249 shares of the social networking company’s stock valued at $922,000 after purchasing an additional 94 shares during the period. Finally, Private Trust Co. NA grew its stake in Meta Platforms by 2.7% in the second quarter. Private Trust Co. NA now owns 10,425 shares of the social networking company’s stock worth $7,694,000 after purchasing an additional 275 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms 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 sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,146 shares of company stock worth $164,208,279. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

META opened at $750.82 on Tuesday. The company has a market cap of $1.89 trillion, a P/E ratio of 27.18, a price-to-earnings-growth ratio of 1.57 and a beta of 1.20. 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 50-day moving average price is $741.78 and its 200-day moving average price is $693.24. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company 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 firm earned $5.16 EPS. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. 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 dividend payout ratio is presently 7.60%.

Wall Street Analysts Forecast Growth

META has been the subject of a number of research analyst reports. Needham & Company LLC raised Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. BMO Capital Markets raised their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Wedbush lifted their price objective on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Finally, Oppenheimer reduced their price target on shares of Meta Platforms from $870.00 to $825.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $829.66.

Meta Platforms Company 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.