Arvest Bank Trust Division Increases Stock Holdings in Meta Platforms, Inc. $META

Arvest Bank Trust Division raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 926.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,395 shares of the social networking company’s stock after acquiring an additional 19,311 shares during the period. Arvest Bank Trust Division’s holdings in Meta Platforms were worth $15,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Meta Platforms by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock worth $2,587,000 after buying an additional 13 shares during the last quarter. Pachira Investments Inc. raised its stake in Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the last quarter. Hemington Wealth Management lifted its position in Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after acquiring an additional 14 shares during the period. Myecfo LLC grew its stake in shares of Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after purchasing an additional 15 shares during the last quarter. Finally, Shelton Wealth Management LLC grew its stake in shares of Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $594.25 on Monday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. The firm has a 50 day moving average price of $697.66 and a 200 day moving average price of $706.43. The company has a market cap of $1.50 trillion, a price-to-earnings ratio of 26.25, a PEG ratio of 1.24 and a beta of 1.20.

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

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors 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 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 9.28%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Wedbush reissued an “outperform” rating and set a $920.00 target price on shares of Meta Platforms in a research note on Thursday, October 30th. Pivotal Research raised their price target on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Sanford C. Bernstein restated an “outperform” rating and issued a $870.00 price target (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, Jefferies Financial Group dropped their price objective on Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $825.05.

Insider Activity

In other Meta Platforms news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the transaction, the chief technology officer owned 2,415 shares of the company’s stock, valued at $1,432,843.65. This trade represents a 82.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the completion of the transaction, the chief operating officer directly owned 15,302 shares of the company’s stock, valued at approximately $9,245,927.46. This represents a 3.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,442 shares of company stock worth $26,515,931 over the last quarter. 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.