DDD Partners LLC Reduces Holdings in Meta Platforms, Inc. $META

DDD Partners LLC lessened its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,407 shares of the social networking company’s stock after selling 230 shares during the period. DDD Partners LLC’s holdings in Meta Platforms were worth $2,515,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In related news, COO Javier Olivan sold 2,612 shares of Meta Platforms stock in a transaction on Friday, August 15th. The shares were sold at an average price of $782.13, for a total value of $2,042,923.56. Following the transaction, the chief operating officer directly owned 7,609 shares of the company’s stock, valued at $5,951,227.17. The trade was a 25.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $768.67, for a total transaction of $12,181,113.49. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 121,456 shares of company stock worth $93,504,754. 13.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on META. Truist Financial dropped their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Mizuho lowered their price target on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Benchmark downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Oppenheimer cut shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 30th. Finally, JMP Securities raised their price target on Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a report on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Trading Down 1.6%

META stock opened at $637.71 on Tuesday. The company has a market capitalization of $1.60 trillion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company’s 50 day moving average price is $735.97 and its two-hundred day moving average price is $700.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98.

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, topping the consensus estimate of $6.74 by $0.51. The firm had revenue of $51.24 billion for 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 last year, the firm posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 9.28%.

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.