Leeward Financial Partners LLC Purchases 463 Shares of Meta Platforms, Inc. $META

Leeward Financial Partners LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 68.6% in the 2nd quarter, Holdings Channel reports. The fund owned 1,138 shares of the social networking company’s stock after buying an additional 463 shares during the quarter. Leeward Financial Partners LLC’s holdings in Meta Platforms were worth $840,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Csenge Advisory Group boosted its holdings in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares during the period. ARQ Wealth Advisors LLC raised its stake in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock valued at $452,000 after purchasing an additional 34 shares during the period. JMG Financial Group Ltd. purchased a new position in Meta Platforms during the 1st quarter valued at about $284,000. Infusive Asset Management Inc. increased its position in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the period. Finally, Spirepoint Private Client LLC lifted its holdings in shares of Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after buying an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $627.08 on Wednesday. The firm has a market capitalization of $1.58 trillion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 1.40 and a beta of 1.20. The company has a current ratio of 1.98, a quick 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 business’s 50-day moving average price is $721.92 and its 200-day moving average price is $705.05.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter in the prior year, the firm earned $6.03 earnings per share. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,612 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $782.13, for a total transaction of $2,042,923.56. Following the completion of the sale, the chief operating officer directly owned 7,609 shares in the company, valued at $5,951,227.17. This represents a 25.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 58,397 shares of company stock worth $44,662,165 in the last 90 days. 13.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on META shares. Stifel Nicolaus reduced their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Truist Financial reduced their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Jefferies Financial Group decreased their price target on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Hsbc Global Res raised Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 31st. Finally, Citizens Jmp boosted their target price on Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

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.