Scholtz & Company LLC Reduces Holdings in Meta Platforms, Inc. $META

Scholtz & Company LLC lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,000 shares of the social networking company’s stock after selling 265 shares during the period. Meta Platforms accounts for about 5.2% of Scholtz & Company LLC’s holdings, making the stock its 5th largest holding. Scholtz & Company LLC’s holdings in Meta Platforms were worth $11,809,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in META. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms in the 1st quarter worth about $33,000. Evergreen Private Wealth LLC increased its stake in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in Meta Platforms during the 2nd quarter valued at about $42,000. WFA Asset Management Corp raised its holdings in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new position in shares of Meta Platforms in the second quarter worth approximately $54,000. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on META shares. 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. Morgan Stanley increased their target price on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. DA Davidson set a $825.00 price target on Meta Platforms in a research note on Thursday, October 30th. KeyCorp lowered their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Bank of America dropped their price objective on Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Stock Up 1.6%

META stock opened at $631.76 on Tuesday. The company has a market cap of $1.59 trillion, a price-to-earnings ratio of 27.90, a P/E/G ratio of 1.38 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. The business’s 50-day moving average is $724.08 and its two-hundred day moving average is $704.49. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results 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 during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter in the prior year, the firm earned $6.03 EPS. The business’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling at Meta Platforms

In other news, CEO Mark Zuckerberg sold 1,037 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $785.18, for a total value of $814,231.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Javier Olivan sold 2,612 shares of the firm’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $782.13, for a total value of $2,042,923.56. Following the completion of the transaction, the chief operating officer directly owned 7,609 shares in the company, valued at approximately $5,951,227.17. This represents a 25.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 59,434 shares of company stock worth $45,476,396. Insiders own 13.61% of the company’s stock.

Meta Platforms 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.