Meta Platforms, Inc. $META Stake Raised by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,650 shares of the social networking company’s stock after buying an additional 873 shares during the quarter. Meta Platforms comprises 1.9% of EFG Asset Management Americas Corp.’s portfolio, making the stock its 12th largest holding. EFG Asset Management Americas Corp.’s holdings in Meta Platforms were worth $10,075,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in META. Vanguard Group Inc. grew its stake in shares of Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its holdings in Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Geode Capital Management LLC grew its position in Meta Platforms by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after buying an additional 682,768 shares in the last quarter. Invesco Ltd. increased its stake in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after buying an additional 400,927 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $598.54, for a total transaction of $309,445.18. Following the transaction, the chief operating officer directly owned 14,785 shares in the company, valued at approximately $8,849,413.90. The trade was a 3.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the sale, the chief accounting officer directly owned 6,035 shares in the company, valued at approximately $3,570,306. This trade represents a 10.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 41,959 shares of company stock worth $26,759,811 in the last quarter. Corporate insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $870.00 price objective (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Bank of America lowered their price target on Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. KeyCorp cut their price objective on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Royal Bank Of Canada decreased their target price on Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Finally, Rosenblatt Securities lifted their target price on Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $823.93.

Meta Platforms Trading Up 2.2%

Shares of NASDAQ META opened at $647.48 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. 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 $1.63 trillion, a price-to-earnings ratio of 28.60, a P/E/G ratio of 1.36 and a beta of 1.20. The business has a fifty day simple moving average of $683.38 and a 200-day simple moving average of $706.23.

Meta Platforms (NASDAQ:META) last issued its quarterly 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 return on equity of 39.35% and a net margin of 30.89%.The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter last year, the business posted $6.03 EPS. Meta Platforms’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 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio 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.