Guardian Financial Partners LLC Has $663,000 Position in Meta Platforms, Inc. $META

Guardian Financial Partners LLC lifted its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 23.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 898 shares of the social networking company’s stock after buying an additional 168 shares during the quarter. Guardian Financial Partners LLC’s holdings in Meta Platforms were worth $663,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms in the first quarter worth about $33,000. Evergreen Private Wealth LLC increased its stake in shares of Meta Platforms by 237.5% in 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 during the period. Briaud Financial Planning Inc bought a new position in shares of Meta Platforms in the second quarter worth about $42,000. WFA Asset Management Corp increased its stake in shares of Meta Platforms by 42.6% in 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 during the period. Finally, Maseco LLP bought a new position in shares of Meta Platforms in the second quarter worth about $54,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Down 1.6%

Shares of Meta Platforms stock opened at $627.32 on Wednesday. The firm has a market capitalization 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. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The company’s fifty day moving average price is $733.43 and its two-hundred day moving average price is $701.18. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings results 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 firm 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 business’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on META. Mizuho dropped their target price on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. JMP Securities boosted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 31st. Barclays dropped their target price on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $870.00 target price (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, Jefferies Financial Group lowered their price objective on Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Four 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 stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $827.60.

View Our Latest Report on Meta Platforms

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the company’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 sale, the chief operating officer owned 7,958 shares of the company’s stock, valued at approximately $5,965,078.06. This represents a 6.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 90,609 shares of company stock valued at $69,806,640. 13.61% of the stock is owned by insiders.

Meta Platforms Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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