TIAA Trust National Association Has $143.94 Million Stock Holdings in Meta Platforms, Inc. $META

TIAA Trust National Association lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 195,013 shares of the social networking company’s stock after purchasing an additional 10,996 shares during the quarter. TIAA Trust National Association’s holdings in Meta Platforms were worth $143,935,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its holdings 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 position in Meta Platforms in the 2nd quarter valued at $42,000. WFA Asset Management Corp boosted its stake 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 purchasing an additional 20 shares in the last quarter. Finally, Maseco LLP bought a new stake in shares of Meta Platforms during the second quarter worth $54,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

Shares of META stock opened at $609.01 on Thursday. The firm’s 50 day moving average price is $719.36 and its two-hundred day moving average price is $704.38. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock has a market cap of $1.54 trillion, a PE ratio of 26.90, a PEG ratio of 1.39 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $49.34 billion. During the same quarter in the prior year, the business posted $6.03 EPS. The firm’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders 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 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 9.28%.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 59,430 shares of company stock worth $45,313,988 in the last ninety days. 13.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on META shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $900.00 price target on shares of Meta Platforms in a report on Thursday, October 30th. Pivotal Research boosted their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and raised their price target for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Finally, Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock 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.