Meta Platforms, Inc. $META Shares Acquired by Schnieders Capital Management LLC

Schnieders Capital Management LLC boosted its stake in Meta Platforms, Inc. (NASDAQ:META) by 33.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,084 shares of the social networking company’s stock after purchasing an additional 7,359 shares during the quarter. Meta Platforms comprises about 3.8% of Schnieders Capital Management LLC’s holdings, making the stock its 4th biggest position. Schnieders Capital Management LLC’s holdings in Meta Platforms were worth $21,467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Csenge Advisory Group grew its holdings in shares of Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after buying an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC boosted its holdings in Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after purchasing an additional 34 shares during the last quarter. JMG Financial Group Ltd. purchased a new position in Meta Platforms during the first quarter worth about $284,000. Infusive Asset Management Inc. boosted its holdings in 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 last quarter. Finally, Spirepoint Private Client LLC boosted its holdings in Meta Platforms by 2.7% during 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 and hedge funds.

Insider Activity

In other news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $749.57, for a total value of $387,527.69. Following the sale, the chief operating officer owned 7,958 shares of the company’s stock, valued at $5,965,078.06. The trade was a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on 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 directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 213,663 shares of company stock valued at $164,595,807 over the last quarter. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Shares of META stock opened at $751.67 on Thursday. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 1.59 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm’s 50-day simple moving average is $741.86 and its two-hundred day simple moving average is $696.13.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate 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 period last year, the business earned $6.03 EPS. The company’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 dividend yield of 0.3%. Meta Platforms’s payout ratio is 7.60%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on META shares. Wells Fargo & Company boosted their price target on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. KeyCorp boosted their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Morgan Stanley boosted their price target on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Citizens Jmp boosted their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, UBS Group lifted their price objective on shares of Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $829.66.

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.