Focus Partners Advisor Solutions LLC Reduces Position in Meta Platforms, Inc. $META

Focus Partners Advisor Solutions LLC cut its position in Meta Platforms, Inc. (NASDAQ:META) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,708 shares of the social networking company’s stock after selling 3,207 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Meta Platforms were worth $19,701,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Evergreen Private Wealth LLC raised its holdings in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the first quarter worth approximately $33,000. Briaud Financial Planning Inc acquired a new stake in Meta Platforms during the second quarter worth approximately $42,000. WFA Asset Management Corp raised its holdings in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares in the last quarter. Finally, Maseco LLP acquired a new stake in Meta Platforms during the second quarter worth approximately $54,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

Meta Platforms stock opened at $627.32 on Wednesday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 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. The firm’s 50-day simple moving average is $733.43 and its 200 day simple moving average is $701.18. The firm has a market capitalization of $1.58 trillion, a PE ratio of 27.71, a P/E/G ratio of 1.42 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last released its 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 company 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%. The firm’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period in the prior year, the firm earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

META has been the topic of a number of research analyst reports. Loop Capital reissued a “buy” rating and set a $980.00 price objective (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Wedbush reaffirmed an “outperform” rating and issued a $920.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. DA Davidson set a $825.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Royal Bank Of Canada cut their target price 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, Pivotal Research lifted their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Buying and Selling at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $753.00, for a total transaction of $390,807.00. Following the completion of the transaction, the insider directly owned 27,756 shares in the company, valued at approximately $20,900,268. This represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $749.57, for a total value of $387,527.69. Following the transaction, the chief operating officer owned 7,958 shares in the company, valued at $5,965,078.06. This trade represents a 6.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 90,609 shares of company stock valued at $69,806,640 over the last 90 days. 13.61% of the stock is owned by corporate insiders.

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.