Kintegral Advisory LLC Decreases Position in Meta Platforms, Inc. $META

Kintegral Advisory LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,119 shares of the social networking company’s stock after selling 27 shares during the quarter. Meta Platforms makes up approximately 1.2% of Kintegral Advisory LLC’s portfolio, making the stock its 12th largest holding. Kintegral Advisory LLC’s holdings in Meta Platforms were worth $13,373,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC lifted its stake in Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares in the last quarter. Invesco Ltd. lifted its stake in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after purchasing an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after purchasing an additional 247,850 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on META shares. Truist Financial set a $880.00 price target on shares of Meta Platforms in a report on Thursday, September 18th. Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Wedbush lifted their target price on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Sanford C. Bernstein lifted their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Finally, Morgan Stanley lifted their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $829.66.

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares of the company’s stock, valued at $1,394,225. This represents a 86.67% 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, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 214,182 shares of company stock valued at $164,951,541. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Price Performance

Meta Platforms stock opened at $734.00 on Friday. The stock has a market cap of $1.84 trillion, a P/E ratio of 26.57, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. The company has a fifty day simple moving average of $743.05 and a 200-day simple moving average of $688.52. 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:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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 given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

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.