VCI Wealth Management LLC Boosts Holdings in Meta Platforms, Inc. $META

VCI Wealth Management LLC lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,890 shares of the social networking company’s stock after purchasing an additional 389 shares during the period. Meta Platforms accounts for about 1.8% of VCI Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. VCI Wealth Management LLC’s holdings in Meta Platforms were worth $5,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of META. Csenge Advisory Group lifted 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 valued at $5,498,000 after acquiring an additional 1,019 shares during the period. ARQ Wealth Advisors LLC lifted its position in Meta Platforms by 4.5% during the 1st 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 period. JMG Financial Group Ltd. purchased a new position in Meta Platforms during the 1st quarter valued at about $284,000. Infusive Asset Management Inc. lifted its position in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after acquiring an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC lifted its position in Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after acquiring an additional 109 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

Shares of META stock opened at $666.47 on Friday. The company has a 50 day moving average price of $740.41 and a 200-day moving average price of $695.92. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm has a market capitalization of $1.67 trillion, a PE ratio of 29.44, a P/E/G ratio of 1.60 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.69%. The firm had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same period in the previous year, the business posted $6.03 earnings per share. The business’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. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. 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 payout ratio is currently 9.28%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on META. Hsbc Global Res raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. UBS Group raised their price objective on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research note on Thursday. Bank of America reduced their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday. Guggenheim restated a “buy” rating and set a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Finally, Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research note on Thursday. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares in the company, valued at $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $753.00, for a total transaction of $390,807.00. Following the completion of the sale, the insider owned 27,756 shares of the company’s stock, valued at $20,900,268. This represents a 1.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 198,335 shares of company stock worth $153,047,009 over the last three months. 13.61% of the stock is currently owned by company insiders.

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.