Bogart Wealth LLC Increases Stock Position in Meta Platforms, Inc. $META

Bogart Wealth LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,560 shares of the social networking company’s stock after purchasing an additional 974 shares during the period. Meta Platforms accounts for approximately 0.7% of Bogart Wealth LLC’s portfolio, making the stock its 28th largest holding. Bogart Wealth LLC’s holdings in Meta Platforms were worth $15,913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms during the first quarter worth about $28,000. Evergreen Private Wealth LLC grew its holdings in shares of Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the first quarter worth about $33,000. Maseco LLP purchased a new stake in shares of Meta Platforms during the second quarter worth about $54,000. Finally, Piscataqua Savings Bank grew its holdings in shares of Meta Platforms by 433.3% during the second quarter. Piscataqua Savings Bank now owns 80 shares of the social networking company’s stock worth $59,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of META stock opened at $666.47 on Friday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a 50 day moving average price of $740.41 and a 200 day moving average price of $695.92. The firm has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 29.44, a price-to-earnings-growth ratio of 1.60 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, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.69%. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the firm earned $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side 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. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 9.28%.

Insiders Place Their Bets

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $753.00, for a total transaction of $390,807.00. Following the completion of the sale, the insider directly owned 27,756 shares in the company, valued at $20,900,268. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $749.57, for a total transaction of $387,527.69. Following the sale, the chief operating officer owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. This represents a 6.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 198,335 shares of company stock worth $153,047,009 over the last ninety days. 13.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on META shares. Wedbush reiterated an “outperform” rating and set a $920.00 price target on shares of Meta Platforms in a report on Thursday. DA Davidson set a $825.00 price target on shares of Meta Platforms in a report on Thursday. Citigroup lowered their price target on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a report on Thursday. Guggenheim reiterated a “buy” rating and set a $800.00 price target (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Finally, Bank of America lowered their target price on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $827.60.

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.