Berkeley Capital Partners LLC Acquires 89 Shares of Meta Platforms, Inc. $META

Berkeley Capital Partners LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,157 shares of the social networking company’s stock after purchasing an additional 89 shares during the period. Berkeley Capital Partners LLC’s holdings in Meta Platforms were worth $1,592,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms in the 1st quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the 1st quarter worth $33,000. Evergreen Private Wealth LLC grew its position 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 worth $40,000 after acquiring an additional 38 shares during the last quarter. Maseco LLP bought a new stake in Meta Platforms during the 2nd quarter worth $54,000. Finally, eCIO Inc. bought a new stake in Meta Platforms during the 1st quarter worth $58,000. Institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on META. Rosenblatt Securities boosted their price objective on Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. reduced their price objective on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research report on Thursday. Truist Financial reduced their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Thursday. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, JMP Securities boosted 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. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Down 11.3%

Shares of META opened at $666.47 on Friday. The company has a market capitalization of $1.67 trillion, a PE ratio of 29.44, a PEG ratio of 1.60 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 stock’s 50-day moving average price is $740.41 and its two-hundred day moving average price is $695.92. 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 announced its earnings results 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. The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.69% and a net margin of 30.89%.The business’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period in the previous year, the business earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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 $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s payout ratio is currently 9.28%.

Insiders Place Their Bets

In other news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $769.38, for a total value of $12,192,364.86. The sale 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 business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 198,335 shares of company stock valued at $153,047,009 over the last 90 days. 13.61% of the stock is owned by company insiders.

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.