Meta Platforms, Inc. $META Stock Holdings Cut by Strs Ohio

Strs Ohio reduced its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 976,622 shares of the social networking company’s stock after selling 14,227 shares during the period. Meta Platforms makes up 2.7% of Strs Ohio’s portfolio, making the stock its 5th largest holding. Strs Ohio’s holdings in Meta Platforms were worth $720,835,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Brighton Jones LLC raised its position in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. 1776 Wealth LLC increased its position in shares of Meta Platforms by 137.2% during the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after purchasing an additional 675 shares during the last quarter. Smart Money Group LLC raised its holdings in Meta Platforms by 20.4% during the 1st quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock valued at $1,182,000 after buying an additional 348 shares during the period. Finally, Spear Holdings RSC Ltd bought a new stake in Meta Platforms in the first quarter worth $37,463,000. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the sale, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $656.00, for a total transaction of $339,152.00. Following the completion of the sale, the chief operating officer owned 7,441 shares of the company’s stock, valued at $4,881,296. This trade represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 59,434 shares of company stock worth $45,476,396. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $631.76 on Tuesday. 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 capitalization of $1.59 trillion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm has a 50 day moving average of $724.08 and a 200 day moving average of $704.49.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating 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 company 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 earned $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. 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 dividend payout ratio is presently 9.28%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on META. Wedbush reiterated an “outperform” rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Thursday, October 30th. BMO Capital Markets upped their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a report on Thursday, July 31st. DA Davidson set a $825.00 price objective on shares of Meta Platforms in a research note on Thursday, October 30th. Canaccord Genuity Group restated a “buy” rating and set a $900.00 target price on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, TD Cowen reduced their price target on Meta Platforms from $875.00 to $810.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Four equities research 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 stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price 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.