RWA Wealth Partners LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,189 shares of the social networking company’s stock after acquiring an additional 963 shares during the quarter. RWA Wealth Partners LLC’s holdings in Meta Platforms were worth $33,354,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of META. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. 1776 Wealth LLC raised its holdings in shares of Meta Platforms by 137.2% in the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after acquiring an additional 675 shares in the last quarter. Smart Money Group LLC lifted its stake in Meta Platforms by 20.4% in the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after acquiring an additional 348 shares during the period. Finally, Woodward Diversified Capital LLC grew its holdings in Meta Platforms by 5.5% during the 1st quarter. Woodward Diversified Capital LLC now owns 3,371 shares of the social networking company’s stock worth $1,943,000 after acquiring an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Insider Activity at Meta Platforms
In other news, insider Jennifer Newstead sold 516 shares of the stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the transaction, the insider directly owned 26,721 shares of the company’s stock, valued at approximately $16,860,951. This represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 5,063 shares of the firm’s stock in a transaction dated Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $3,085,695.98. Following the completion of the transaction, the chief technology officer owned 6,936 shares of the company’s stock, valued at approximately $4,227,214.56. The trade was a 42.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 28,424 shares of company stock valued at $18,868,377 over the last 90 days. Company insiders own 13.61% of the company’s stock.
Meta Platforms Stock Down 0.7%
Meta Platforms (NASDAQ:META – Get Free Report) last announced 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. The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same period in the prior year, the company posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.
Wall Street Analysts Forecast Growth
META has been the subject of several research reports. JPMorgan Chase & Co. lowered their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. JMP Securities upped their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Scotiabank lifted their price target on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Meta Platforms in a research report on Thursday, November 13th. Finally, BMO Capital Markets raised their price objective on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.
Read Our Latest Stock Report on META
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.
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