Fiera Capital Corp Has $42.53 Million Holdings in Meta Platforms, Inc. $META

Fiera Capital Corp boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 43.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,624 shares of the social networking company’s stock after acquiring an additional 17,486 shares during the quarter. Fiera Capital Corp’s holdings in Meta Platforms were worth $42,532,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares during the last quarter. Smart Money Group LLC lifted its position in shares of Meta Platforms by 20.4% during the 1st quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after buying an additional 348 shares in the last quarter. Aspire Growth Partners LLC lifted its position in shares of Meta Platforms by 7.3% during the 1st quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company’s stock worth $395,000 after buying an additional 45 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its stake in shares of Meta Platforms by 4.2% in the 1st quarter. WMG Financial Advisors LLC now owns 1,073 shares of the social networking company’s stock worth $618,000 after buying an additional 43 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 600 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $609.35, for a total transaction of $365,610.00. Following the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Aaron Anderson sold 726 shares of the firm’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 completion of the transaction, the chief accounting officer directly owned 6,035 shares of the company’s stock, valued at $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 41,442 shares of company stock worth $26,515,931. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on META. KeyCorp decreased their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Cantor Fitzgerald decreased their target price on Meta Platforms from $830.00 to $720.00 and set an “overweight” rating for the company in a research report on Wednesday, November 19th. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and lifted their target price for the stock from $610.00 to $900.00 in a research note on Thursday, July 31st. Roth Capital restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Three analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $825.05.

Meta Platforms Trading Up 0.9%

Shares of Meta Platforms stock opened at $594.25 on Monday. The stock has a market capitalization of $1.50 trillion, a P/E ratio of 26.25, a P/E/G ratio of 1.24 and a beta of 1.20. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week 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 stock’s 50-day simple moving average is $697.66 and its 200 day simple moving average is $706.43.

Meta Platforms (NASDAQ:META) last issued 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 during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business earned $6.03 earnings per share. The company’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Meta Platforms Company 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.