Quotient Wealth Partners LLC raised its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 6.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,762 shares of the social networking company’s stock after purchasing an additional 546 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Meta Platforms were worth $6,467,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in META. Csenge Advisory Group boosted its position in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC raised its stake in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after acquiring an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new position in shares of Meta Platforms during the first quarter valued at $284,000. Infusive Asset Management Inc. lifted its holdings in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC grew its stake in shares of Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after purchasing an additional 109 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Meta Platforms
In other news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $721.30, for a total transaction of $372,912.10. Following the completion of the sale, the chief operating officer directly owned 8,475 shares of the company’s stock, valued at $6,113,017.50. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the transaction, the director owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This trade represents a 5.53% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 213,146 shares of company stock worth $164,208,279. 13.61% of the stock is owned by corporate insiders.
Meta Platforms Stock Performance
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (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 analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.
Analyst Upgrades and Downgrades
Several research analysts have commented on the company. JMP Securities lifted their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a 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 note on Thursday, July 31st. Barclays increased their target price on shares of Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Guggenheim restated a “buy” rating and issued a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Finally, Wells Fargo & Company increased their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $829.66.
Read Our Latest Analysis on META
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.
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