Meta Platforms, Inc. $META Holdings Increased by Lyell Wealth Management LP

Lyell Wealth Management LP grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,726 shares of the social networking company’s stock after buying an additional 1,465 shares during the quarter. Meta Platforms accounts for approximately 3.0% of Lyell Wealth Management LP’s holdings, making the stock its 3rd biggest holding. Lyell Wealth Management LP’s holdings in Meta Platforms were worth $38,178,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in META. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms during the 1st quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms during the 1st quarter valued at about $33,000. Evergreen Private Wealth LLC grew 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 valued at $40,000 after purchasing an additional 38 shares during the last quarter. Maseco LLP bought a new position in Meta Platforms during the 2nd quarter valued at about $54,000. Finally, eCIO Inc. bought a new position in Meta Platforms during the 1st quarter valued at about $58,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 213,663 shares of company stock valued at $164,595,807 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on META shares. Raymond James Financial upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a report on Thursday, July 31st. Truist Financial set a $880.00 price target on shares of Meta Platforms in a report on Thursday, September 18th. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 31st. HSBC upgraded shares of Meta Platforms from a “hold” rating to a “buy” rating and upped their target price for the stock from $610.00 to $900.00 in a research note on Thursday, July 31st. Finally, Mizuho set a $925.00 target price on shares of Meta Platforms and gave the stock an “outperform” rating in a research note on Monday, September 29th. 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $829.66.

Meta Platforms Price Performance

Shares of META stock opened at $751.67 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The company’s 50-day simple moving average is $741.86 and its two-hundred day simple moving average is $696.13. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.21, a P/E/G ratio of 1.59 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. During the same quarter in the prior year, the firm earned $6.03 EPS. The company’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

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.