PFG Advisors Raises Holdings in Meta Platforms, Inc. $META

PFG Advisors lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 16.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,051 shares of the social networking company’s stock after purchasing an additional 1,279 shares during the quarter. PFG Advisors’ holdings in Meta Platforms were worth $6,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of META. Infusive Asset Management Inc. grew its position in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares during the period. Spirepoint Private Client LLC lifted its holdings in shares of Meta Platforms by 2.7% during the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Meta Platforms by 11.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock worth $155,387,000 after buying an additional 20,912 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of Meta Platforms by 5.6% in the second quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after acquiring an additional 4,473 shares during the period. Finally, Motiv8 Investments LLC grew its holdings in shares of Meta Platforms by 11.5% in the second quarter. Motiv8 Investments LLC now owns 2,080 shares of the social networking company’s stock worth $1,535,000 after acquiring an additional 214 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $589.22 on Friday. The company has a market capitalization of $1.49 trillion, a P/E ratio of 26.03, a P/E/G ratio of 1.24 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm’s 50 day simple moving average is $700.89 and its two-hundred day simple moving average is $704.88. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the firm earned $6.03 EPS. The company’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid 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 0.4%. Meta Platforms’s dividend payout ratio is 9.28%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on META. KeyCorp lowered their target price on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company reduced their price target on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Cantor Fitzgerald dropped their price objective on shares of Meta Platforms from $830.00 to $720.00 and set an “overweight” rating on the stock in a report on Wednesday. Piper Sandler cut their target price on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Citizens Jmp increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $825.05.

Insider Activity

In related news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the sale, the chief operating officer owned 15,302 shares of the company’s stock, valued at approximately $9,245,927.46. This trade represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $307,040.40. Following the completion of the transaction, the insider owned 34,631 shares of the company’s stock, valued at $20,487,699.60. The trade was a 1.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,959 shares of company stock valued at $26,906,323 in the last three months. 13.61% of the stock is currently owned by insiders.

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.