Jacobsen Capital Management Increases Position in Meta Platforms, Inc. $META

Jacobsen Capital Management grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 12.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,273 shares of the social networking company’s stock after purchasing an additional 483 shares during the quarter. Meta Platforms makes up approximately 1.2% of Jacobsen Capital Management’s portfolio, making the stock its 15th largest holding. Jacobsen Capital Management’s holdings in Meta Platforms were worth $3,154,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Meta Platforms during the 1st quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its position in 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 purchasing an additional 38 shares during the last quarter. Maseco LLP purchased a new position in Meta Platforms during the second quarter worth approximately $54,000. Finally, eCIO Inc. acquired a new position in shares of Meta Platforms in the 1st quarter valued at $58,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on META. Barclays cut their price objective on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research report on Thursday. Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. UBS Group lifted 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. Citigroup decreased their target price on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Oppenheimer downgraded shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday. Four equities 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’s stock. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Activity

In related news, insider Jennifer Newstead sold 519 shares of the company’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 value of $390,807.00. Following the completion of the sale, the insider owned 27,756 shares in the company, valued at approximately $20,900,268. This represents a 1.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the company’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 transaction, the director owned 7,947 shares in the company, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 198,335 shares of company stock worth $153,047,009 over the last 90 days. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Performance

META stock opened at $648.35 on Friday. The company has a 50-day simple moving average of $738.28 and a 200 day simple moving average of $696.73. The company has a market capitalization of $1.63 trillion, a P/E ratio of 28.64, a PEG ratio of 1.41 and a beta of 1.20. The company has a quick ratio of 1.97, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business earned $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. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

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.