Harbour Investment Management LLC Makes New $228,000 Investment in Meta Platforms, Inc. $META

Harbour Investment Management LLC acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 309 shares of the social networking company’s stock, valued at approximately $228,000.

A number of other hedge funds also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC lifted its stake in shares of Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after buying an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after buying an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after buying an additional 247,850 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

META stock opened at $637.71 on Tuesday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a market cap of $1.60 trillion, a P/E ratio of 28.17, a P/E/G ratio of 1.41 and a beta of 1.20. The company’s 50-day moving average price is $735.97 and its two-hundred day moving average price is $700.29.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $49.34 billion. During the same period last year, the firm earned $6.03 EPS. The business’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

META has been the subject of a number of recent research reports. Stifel Nicolaus reduced 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, October 30th. DA Davidson set a $825.00 target price on shares of Meta Platforms in a research report on Thursday. Raymond James Financial reissued a “strong-buy” rating and issued a $825.00 target price (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday. KeyCorp reduced 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 report on Thursday, October 30th. Finally, TD Cowen reduced their target price on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Transactions at Meta Platforms

In other Meta Platforms 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 value of $12,181,113.49. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 2,612 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was 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 approximately $5,951,227.17. The trade was a 25.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 121,456 shares of company stock worth $93,504,754. Corporate 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.