Lincoln Capital LLC Has $610,000 Holdings in Meta Platforms, Inc. $META

Lincoln Capital LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 19.4% during the first quarter, HoldingsChannel reports. The fund owned 1,058 shares of the social networking company’s stock after acquiring an additional 172 shares during the quarter. Lincoln Capital LLC’s holdings in Meta Platforms were worth $610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Inlight Wealth Management LLC bought a new stake in Meta Platforms in the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms in the 1st quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the 1st quarter worth about $33,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Meta Platforms in the 4th quarter worth about $45,000. Finally, JCIC Asset Management Inc. grew its position in Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after purchasing an additional 40 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. In the last ninety days, insiders sold 313,803 shares of company stock valued at $235,276,424. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Down 2.1%

META opened at $751.48 on Wednesday. The company has a 50 day moving average of $726.88 and a 200 day moving average of $656.42. The company has a market cap of $1.89 trillion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 1.59 and a beta of 1.27. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:METAGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same period last year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Monday, June 16th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

A number of brokerages have issued reports on META. Stifel Nicolaus upped their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Pivotal Research upped their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. KeyCorp increased their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Finally, Sanford C. Bernstein increased their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $822.41.

Get Our Latest Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:METAFree Report).

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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