Meta Platforms, Inc. $META Stake Boosted by Bluegrass Capital Partners LP

Bluegrass Capital Partners LP increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 14.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,000 shares of the social networking company’s stock after acquiring an additional 2,000 shares during the period. Meta Platforms comprises approximately 8.2% of Bluegrass Capital Partners LP’s portfolio, making the stock its 8th biggest holding. Bluegrass Capital Partners LP’s holdings in Meta Platforms were worth $11,809,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Evergreen Private Wealth LLC grew its stake 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 valued at $40,000 after buying an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in Meta Platforms in the second quarter worth approximately $42,000. WFA Asset Management Corp grew its position 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 worth $49,000 after acquiring an additional 20 shares in the last quarter. Maseco LLP acquired a new position in shares of Meta Platforms during the 2nd quarter worth $54,000. Finally, eCIO Inc. bought a new position in shares of Meta Platforms during the 1st quarter valued at $58,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on META shares. Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Wedbush reiterated an “outperform” rating and set a $920.00 price target on shares of Meta Platforms in a research note on Thursday, October 30th. Barclays lowered their price objective on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Canaccord Genuity Group restated a “buy” rating and issued a $900.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $823.93.

Meta Platforms Stock Down 1.1%

Shares of META stock opened at $640.87 on Tuesday. The stock has a 50 day moving average of $680.90 and a 200-day moving average of $706.54. The firm has a market cap of $1.62 trillion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 1.36 and a beta of 1.28. 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.

Meta Platforms (NASDAQ:META) last announced 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 business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same quarter in the previous year, the firm posted $6.03 earnings per share. Meta Platforms’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently announced 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 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 presently 9.28%.

Insiders Place Their Bets

In related news, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $429,501.60. Following the transaction, the chief accounting officer directly owned 6,035 shares in the company, valued at $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $609.35, for a total value of $365,610.00. Following the completion of the transaction, the director directly owned 7,347 shares of the company’s stock, valued at approximately $4,476,894.45. This trade represents a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 40,923 shares of company stock valued at $26,007,416 in the last quarter. 13.61% of the stock is currently owned by insiders.

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.