Members Trust Co Has $783,000 Holdings in Meta Platforms, Inc. $META

Members Trust Co lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 17.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,061 shares of the social networking company’s stock after purchasing an additional 160 shares during the period. Members Trust Co’s holdings in Meta Platforms were worth $783,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. Family Capital Management Inc. lifted its holdings in shares of Meta Platforms by 35.5% during the second quarter. Family Capital Management Inc. now owns 687 shares of the social networking company’s stock worth $507,000 after purchasing an additional 180 shares during the period. Brookstone Capital Management raised its stake in Meta Platforms by 12.8% during the second quarter. Brookstone Capital Management now owns 61,489 shares of the social networking company’s stock worth $45,385,000 after buying an additional 6,971 shares during the last quarter. Phillips Financial Management LLC raised its stake in Meta Platforms by 9.0% during the second quarter. Phillips Financial Management LLC now owns 1,158 shares of the social networking company’s stock worth $855,000 after buying an additional 96 shares during the last quarter. Jacobsen Capital Management raised its stake in Meta Platforms by 12.7% during the second quarter. Jacobsen Capital Management now owns 4,273 shares of the social networking company’s stock worth $3,154,000 after buying an additional 483 shares during the last quarter. Finally, Chokshi & Queen Wealth Advisors Inc raised its stake in Meta Platforms by 23.3% during the second quarter. Chokshi & Queen Wealth Advisors Inc now owns 2,559 shares of the social networking company’s stock worth $1,889,000 after buying an additional 483 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Trading Down 2.7%

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 current ratio of 1.98, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.63 trillion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. The company has a fifty day moving average price of $738.28 and a two-hundred day moving average price of $697.96.

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

Meta Platforms Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Citigroup lowered 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. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday. 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 research note on Thursday. Wall Street Zen downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, KeyCorp lowered their target price on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a research note on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated 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 directly owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. The trade was 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 valued at $153,047,009 over the last three months. Corporate insiders own 13.61% of the company’s stock.

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.