Mcdaniel Terry & Co. Has $954,000 Stake in Meta Platforms, Inc. $META

Mcdaniel Terry & Co. decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 27.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,292 shares of the social networking company’s stock after selling 491 shares during the quarter. Mcdaniel Terry & Co.’s holdings in Meta Platforms were worth $954,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Csenge Advisory Group lifted its holdings in shares of Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after purchasing an additional 1,019 shares during the period. ARQ Wealth Advisors LLC lifted its holdings in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms during the first quarter worth $284,000. Infusive Asset Management Inc. raised its stake in Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after buying an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC raised its stake in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Trading Down 1.6%

META opened at $627.32 on Wednesday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.58 trillion, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. The company has a fifty day moving average price of $733.43 and a two-hundred day moving average price of $701.18.

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

Meta Platforms Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on META shares. Roth Capital reissued a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Raymond James Financial reissued a “strong-buy” rating and issued a $825.00 price objective (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Morgan Stanley lifted their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research report on Wednesday, October 8th. Four research 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 company’s stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Insiders Place Their Bets

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction that occurred 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 sale, the chief operating officer directly owned 7,958 shares of the company’s stock, valued at $5,965,078.06. This represents a 6.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 90,609 shares of company stock valued at $69,806,640. Corporate 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.