Meta Platforms, Inc. $META Shares Bought by KPP Advisory Services LLC

KPP Advisory Services LLC raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 10.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,940 shares of the social networking company’s stock after purchasing an additional 474 shares during the quarter. KPP Advisory Services LLC’s holdings in Meta Platforms were worth $3,646,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its holdings 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 valued at $5,537,000 after buying an additional 875 shares during the period. 1776 Wealth LLC boosted its holdings 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 valued at $673,000 after buying an additional 675 shares during the period. Smith Group Asset Management LLC boosted its holdings in shares of Meta Platforms by 3.5% in the 1st quarter. Smith Group Asset Management LLC now owns 71,496 shares of the social networking company’s stock valued at $41,207,000 after buying an additional 2,432 shares during the period. Finally, Hapanowicz & Associates Financial Services Inc boosted its stake in Meta Platforms by 33.9% during the 1st quarter. Hapanowicz & Associates Financial Services Inc now owns 869 shares of the social networking company’s stock valued at $501,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

NASDAQ:META opened at $648.35 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a fifty day moving average price of $738.28 and a 200 day moving average price of $699.34. 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.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share 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 firm had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the prior year, the firm earned $6.03 EPS. The business’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. 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%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research note on Thursday. Cantor Fitzgerald dropped their target price on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a report on Thursday. Wedbush restated an “outperform” rating and set a $920.00 price target on shares of Meta Platforms in a report on Thursday. Scotiabank boosted their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Finally, Piper Sandler lowered their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday. Four research 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 data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Activity at Meta Platforms

In other news, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $768.67, for a total transaction of $12,181,113.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the sale, the insider owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This trade represents a 20.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 181,971 shares of company stock worth $140,461,589 in the last ninety days. Company insiders own 13.61% of the company’s stock.

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.