Cetera Investment Advisers Has $396.09 Million Holdings in Meta Platforms, Inc. $META

Cetera Investment Advisers grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 5.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 536,647 shares of the social networking company’s stock after acquiring an additional 26,700 shares during the quarter. Meta Platforms accounts for 0.7% of Cetera Investment Advisers’ portfolio, making the stock its 19th largest holding. Cetera Investment Advisers’ holdings in Meta Platforms were worth $396,094,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the first quarter worth about $33,000. Evergreen Private Wealth LLC raised its holdings in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms in the 2nd quarter worth approximately $42,000. WFA Asset Management Corp grew its holdings in shares of Meta Platforms by 42.6% during the 2nd 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 in the last quarter. Finally, Maseco LLP acquired a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $604.23, for a total value 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. The trade was a 3.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $307,040.40. Following the sale, the insider owned 34,631 shares in the company, valued at $20,487,699.60. This trade represents a 1.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,923 shares of company stock valued at $26,126,437 over the last quarter. 13.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently commented on META. Sanford C. Bernstein restated an “outperform” rating and issued a $870.00 target price (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Citigroup lowered their price target on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Roth Capital restated a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Oppenheimer lowered shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Finally, Loop Capital reissued a “buy” rating and issued a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $823.93.

Meta Platforms Stock Up 3.8%

Shares of NASDAQ META opened at $636.22 on Wednesday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm’s 50-day simple moving average is $691.78 and its 200 day simple moving average is $706.84. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.60 trillion, a price-to-earnings ratio of 28.10, a price-to-earnings-growth ratio of 1.28 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 39.35% and a net margin of 30.89%.The business’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period last year, the company earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. 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.