Retirement Planning Group LLC Acquires 156 Shares of Meta Platforms, Inc. $META

Retirement Planning Group LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,923 shares of the social networking company’s stock after purchasing an additional 156 shares during the quarter. Retirement Planning Group LLC’s holdings in Meta Platforms were worth $1,420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of META. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. 1776 Wealth LLC grew its stake in shares of Meta Platforms by 137.2% in the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after buying an additional 675 shares during the last quarter. Golden State Wealth Management LLC increased its position in Meta Platforms by 3.2% during the 1st quarter. Golden State Wealth Management LLC now owns 5,013 shares of the social networking company’s stock valued at $2,889,000 after buying an additional 156 shares in the last quarter. Finally, Waterfront Wealth Inc. raised its stake in Meta Platforms by 6.9% during the first quarter. Waterfront Wealth Inc. now owns 716 shares of the social networking company’s stock valued at $413,000 after buying an additional 46 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Down 2.7%

META stock opened at $648.35 on Friday. The business’s 50-day moving average price is $738.28 and its 200-day moving average price is $696.73. The stock has a market cap 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 twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results 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 return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same period last year, the firm earned $6.03 earnings per share. The business’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast 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 $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 dividend payout ratio (DPR) is presently 9.28%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, 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 the firm’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 directly owned 27,756 shares of the company’s stock, valued at $20,900,268. The trade was a 1.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 198,335 shares of company stock worth $153,047,009 in the last three months. Insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on META. Citigroup dropped their target price on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating on the stock in a research note on Thursday. KeyCorp lowered their price objective on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a research report on Thursday. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday. Morgan Stanley boosted their price target on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company dropped their price objective on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a research report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms 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.