Fidelis Capital Partners LLC Has $19.49 Million Stock Position in Meta Platforms, Inc. $META

Fidelis Capital Partners LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,243 shares of the social networking company’s stock after acquiring an additional 856 shares during the quarter. Meta Platforms accounts for about 1.8% of Fidelis Capital Partners LLC’s investment portfolio, making the stock its 10th largest position. Fidelis Capital Partners LLC’s holdings in Meta Platforms were worth $19,487,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of META. Evergreen Private Wealth LLC increased its holdings 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. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms in the first quarter worth $33,000. Briaud Financial Planning Inc bought a new position in Meta Platforms in the second quarter valued at $42,000. WFA Asset Management Corp increased its stake in Meta Platforms by 42.6% in the second 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 second quarter valued at about $54,000. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on META. Raymond James Financial reiterated a “strong-buy” rating and set a $825.00 price objective (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Sanford C. Bernstein restated an “outperform” rating and set a $870.00 target price (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Pivotal Research increased their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Meta Platforms in a research note on Thursday, November 13th. Finally, Guggenheim reissued a “buy” rating and set a $800.00 target price (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $825.05.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $429,501.60. Following the sale, the chief accounting officer directly owned 6,035 shares of the company’s stock, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $307,040.40. Following the completion of the sale, the insider directly owned 34,631 shares in the company, valued at approximately $20,487,699.60. This represents a 1.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 41,959 shares of company stock worth $26,906,323. Company insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

META opened at $589.22 on Friday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a market cap of $1.49 trillion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 1.24 and a beta of 1.20. 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 stock has a fifty day simple moving average of $700.89 and a two-hundred day simple moving average of $704.88.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the prior year, the firm earned $6.03 EPS. The company’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

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.