B & T Capital Management DBA Alpha Capital Management Increases Stock Position in Meta Platforms, Inc. $META

B & T Capital Management DBA Alpha Capital Management lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 0.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 14,282 shares of the social networking company’s stock after purchasing an additional 99 shares during the period. Meta Platforms comprises 1.8% of B & T Capital Management DBA Alpha Capital Management’s holdings, making the stock its 13th biggest position. B & T Capital Management DBA Alpha Capital Management’s holdings in Meta Platforms were worth $10,541,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms in the 1st quarter worth approximately $33,000. Evergreen Private Wealth LLC grew its position 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 purchased a new position in shares of Meta Platforms in the 2nd quarter worth approximately $42,000. WFA Asset Management Corp grew its position 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 purchased a new position in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 1.6%

Shares of Meta Platforms stock opened at $627.32 on Wednesday. The company has a current ratio of 1.98, a quick 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 capitalization of $1.58 trillion, a price-to-earnings ratio of 27.71, a PEG ratio of 1.42 and a beta of 1.20. The firm’s 50 day simple moving average is $733.43 and its two-hundred day simple moving average is $701.18.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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 $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Citizens Jmp lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Truist Financial cut their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. DA Davidson set a $825.00 price objective on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

Insider Activity

In related news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $749.57, for a total transaction of $387,527.69. Following the sale, the chief operating officer owned 7,958 shares in the company, valued at approximately $5,965,078.06. This trade represents a 6.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the transaction, the director directly owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 90,609 shares of company stock valued at $69,806,640 in the last ninety days. Insiders own 13.61% of the company’s stock.

Meta Platforms 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.