Meta Platforms, Inc. $META Holdings Lessened by Dupont Capital Management Corp

Dupont Capital Management Corp lessened its stake in Meta Platforms, Inc. (NASDAQ:META) by 8.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,114 shares of the social networking company’s stock after selling 4,147 shares during the period. Meta Platforms comprises about 3.6% of Dupont Capital Management Corp’s investment portfolio, making the stock its 5th largest position. Dupont Capital Management Corp’s holdings in Meta Platforms were worth $33,298,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in META. Kingstone Capital Partners Texas LLC increased its stake in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares during the last quarter. Nuveen LLC bought a new stake in shares of Meta Platforms in the first quarter worth $2,990,544,000. Amundi increased its stake in shares of Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. Finally, Strs Ohio bought a new position in Meta Platforms during the 1st quarter worth approximately $571,086,000. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. DA Davidson set a $825.00 target price on Meta Platforms in a report on Thursday. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research note on Thursday. Guggenheim reiterated a “buy” rating and set a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Truist Financial lowered their target price on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a research note on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $753.00, for a total value of $390,807.00. Following the sale, the insider directly owned 27,756 shares in the company, valued at $20,900,268. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm’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 completion of the sale, the chief operating officer owned 7,958 shares in the company, 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 have sold a total of 198,335 shares of company stock worth $153,047,009 in the last three months. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Performance

Shares of META opened at $648.35 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a market cap of $1.63 trillion, a price-to-earnings ratio of 28.64, a price-to-earnings-growth ratio of 1.41 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 1.98. The firm has a fifty day moving average of $738.28 and a 200-day moving average of $696.73.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the previous year, the company posted $6.03 earnings per share. The company’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

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.