Meta Platforms, Inc. $META Holdings Raised by Northstar Group Inc.

Northstar Group Inc. boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,542 shares of the social networking company’s stock after purchasing an additional 81 shares during the quarter. Meta Platforms makes up 2.8% of Northstar Group Inc.’s investment portfolio, making the stock its 8th biggest holding. Northstar Group Inc.’s holdings in Meta Platforms were worth $18,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of META. Tanager Wealth Management LLP increased its holdings in shares of Meta Platforms by 2.8% in the 2nd quarter. Tanager Wealth Management LLP now owns 7,252 shares of the social networking company’s stock valued at $5,353,000 after acquiring an additional 199 shares during the last quarter. McGuire Investment Group LLC increased its holdings in shares of Meta Platforms by 13.9% in the 2nd quarter. McGuire Investment Group LLC now owns 821 shares of the social networking company’s stock valued at $606,000 after acquiring an additional 100 shares during the last quarter. Warren Street Wealth Advisors LLC increased its holdings in shares of Meta Platforms by 5.2% in the 2nd quarter. Warren Street Wealth Advisors LLC now owns 3,159 shares of the social networking company’s stock valued at $2,332,000 after acquiring an additional 155 shares during the last quarter. Naples Global Advisors LLC increased its holdings in shares of Meta Platforms by 13.1% in the 2nd quarter. Naples Global Advisors LLC now owns 11,491 shares of the social networking company’s stock valued at $8,482,000 after acquiring an additional 1,332 shares during the last quarter. Finally, Parsons Capital Management Inc. RI increased its holdings in shares of Meta Platforms by 29.0% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 10,019 shares of the social networking company’s stock valued at $7,395,000 after acquiring an additional 2,254 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. KeyCorp increased their price objective on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Benchmark upped their target price on Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Wedbush upped their target price on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their target price on Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Finally, HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and upped their target price for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $830.61.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the transaction, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 213,663 shares of company stock worth $164,574,107 over the last ninety days. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Performance

NASDAQ META opened at $717.84 on Thursday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a market capitalization of $1.80 trillion, a P/E ratio of 25.99, a PEG ratio of 1.49 and a beta of 1.20. The business has a 50 day moving average price of $753.89 and a 200 day moving average price of $677.44. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms’s quarterly revenue was up 21.6% on a year-over-year basis. During the same period last year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.60%.

About Meta Platforms

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.