AG2R LA Mondiale Gestion D Actifs Increases Position in Meta Platforms, Inc. $META

AG2R LA Mondiale Gestion D Actifs raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,386 shares of the social networking company’s stock after acquiring an additional 1,114 shares during the period. Meta Platforms makes up 3.1% of AG2R LA Mondiale Gestion D Actifs’ portfolio, making the stock its 5th largest holding. AG2R LA Mondiale Gestion D Actifs’ holdings in Meta Platforms were worth $60,070,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms in the 1st quarter worth about $33,000. Evergreen Private Wealth LLC increased its holdings in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms in the 2nd quarter worth about $42,000. WFA Asset Management Corp increased its holdings in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new stake in shares of Meta Platforms in the 2nd quarter worth about $54,000. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $749.57, for a total value of $387,527.69. Following the completion of the sale, the chief operating officer directly owned 7,958 shares of the company’s stock, valued at $5,965,078.06. The trade was a 6.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $753.00, for a total transaction of $390,807.00. Following the completion of the sale, the insider directly owned 27,756 shares of the company’s stock, valued at approximately $20,900,268. This trade represents a 1.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 90,609 shares of company stock valued at $69,806,640 in the last three months. Company insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on META shares. Sanford C. Bernstein restated an “outperform” rating and issued a $870.00 target price (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Wells Fargo & Company cut their price target on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Royal Bank Of Canada cut their price target on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. Finally, Oppenheimer downgraded shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a 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 assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Price Performance

Meta Platforms stock opened at $627.32 on Wednesday. The stock has a market cap of $1.58 trillion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. 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 1 year low of $479.80 and a 1 year high of $796.25. The firm has a 50-day moving average of $733.43 and a two-hundred day moving average of $701.18.

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

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given 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 payout ratio is 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.