Aspen Capital Management LLC Takes Position in Meta Platforms, Inc. $META

Aspen Capital Management LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 314 shares of the social networking company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Evergreen Private Wealth LLC raised its stake in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms during the 1st quarter valued at approximately $33,000. Briaud Financial Planning Inc purchased a new stake in Meta Platforms during the 2nd quarter valued at approximately $42,000. WFA Asset Management Corp raised its stake in Meta Platforms by 42.6% during the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after acquiring an additional 20 shares during the last quarter. Finally, Maseco LLP purchased a new stake in Meta Platforms during the 2nd quarter valued at approximately $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $627.32 on Wednesday. The firm’s fifty day simple moving average is $733.43 and its 200-day simple moving average is $701.18. The stock has a market cap of $1.58 trillion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. 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 (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.51. The firm had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.Meta Platforms’s revenue was up 26.2% on a year-over-year basis. During the same period in the previous year, the firm posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have commented on META. Mizuho reduced their price objective on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Benchmark downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Citizens Jmp increased their target price on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Wedbush reissued an “outperform” rating and set a $920.00 target price on shares of Meta Platforms in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Activity

In related news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $402,225.00. Following the transaction, the insider directly owned 32,946 shares of the company’s stock, valued at approximately $25,533,150. This represents a 1.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 90,609 shares of company stock valued at $69,806,640 in the last 90 days. Insiders own 13.61% of the company’s stock.

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.