Meta Platforms, Inc. $META Stock Holdings Lifted by Family Capital Management Inc.

Family Capital Management Inc. boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 35.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 687 shares of the social networking company’s stock after purchasing an additional 180 shares during the period. Family Capital Management Inc.’s holdings in Meta Platforms were worth $507,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the first quarter valued at approximately $28,000. Evergreen Private Wealth LLC grew 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 valued at $40,000 after purchasing an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms during the first quarter valued at approximately $33,000. Maseco LLP purchased a new position in Meta Platforms during the second quarter valued at approximately $54,000. Finally, Piscataqua Savings Bank grew its position in Meta Platforms by 433.3% during the second quarter. Piscataqua Savings Bank now owns 80 shares of the social networking company’s stock valued at $59,000 after purchasing an additional 65 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on META shares. DA Davidson set a $825.00 price objective on shares of Meta Platforms in a research report 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 report on Thursday. Stifel Nicolaus decreased 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 report on Thursday. Citizens Jmp boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Piper Sandler decreased their target price on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69. Following the completion of the transaction, the chief operating officer directly owned 7,958 shares in the company, valued at $5,965,078.06. This represents a 6.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction 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 transaction, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 198,335 shares of company stock worth $153,047,009. 13.61% of the stock is owned by insiders.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $648.35 on Friday. The firm has a fifty day simple moving average of $738.28 and a 200-day simple moving average of $697.96. The company has a current ratio of 1.98, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The stock has a market capitalization of $1.63 trillion, a price-to-earnings ratio of 28.64, a PEG ratio of 1.38 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share 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 39.35%. The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the previous year, the company earned $6.03 earnings per share. Meta Platforms’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. On average, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 was Monday, September 22nd. Meta Platforms’s payout ratio is presently 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.