Meta Platforms, Inc. $META Shares Acquired by Brookwood Investment Group LLC

Brookwood Investment Group LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,428 shares of the social networking company’s stock after buying an additional 1,006 shares during the quarter. Meta Platforms accounts for about 2.1% of Brookwood Investment Group LLC’s investment portfolio, making the stock its 9th largest position. Brookwood Investment Group LLC’s holdings in Meta Platforms were worth $12,863,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of META. Yukon Wealth Management Inc. raised its position in shares of Meta Platforms by 14.3% during the second quarter. Yukon Wealth Management Inc. now owns 1,078 shares of the social networking company’s stock valued at $796,000 after buying an additional 135 shares during the last quarter. GoalVest Advisory LLC grew its position in Meta Platforms by 35.7% during the second quarter. GoalVest Advisory LLC now owns 517 shares of the social networking company’s stock worth $382,000 after buying an additional 136 shares in the last quarter. First Command Advisory Services Inc. increased its stake in Meta Platforms by 2.4% during the second quarter. First Command Advisory Services Inc. now owns 2,824 shares of the social networking company’s stock valued at $2,084,000 after acquiring an additional 67 shares during the period. Pasadena Private Wealth LLC raised its holdings in Meta Platforms by 9.8% in the 2nd quarter. Pasadena Private Wealth LLC now owns 997 shares of the social networking company’s stock valued at $736,000 after acquiring an additional 89 shares in the last quarter. Finally, Cryder Capital Partners LLP lifted its position in shares of Meta Platforms by 6.5% in the 2nd quarter. Cryder Capital Partners LLP now owns 303,395 shares of the social networking company’s stock worth $223,933,000 after acquiring an additional 18,479 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Meta Platforms stock opened at $618.94 on Friday. The business’s fifty day moving average is $728.56 and its two-hundred day moving average is $700.16. 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 firm has a market cap of $1.55 trillion, a P/E ratio of 27.34, a P/E/G ratio of 1.41 and a beta of 1.20. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its 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 during the quarter, compared to analyst estimates of $49.34 billion. During the same period last year, the company posted $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 9.28%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Raymond James Financial restated a “strong-buy” rating and issued a $825.00 target price (down from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Piper Sandler cut their price target on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Canaccord Genuity Group reissued a “buy” rating and issued a $900.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Scotiabank boosted their price target on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research note on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Insider Activity

In other news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $656.00, for a total value of $339,152.00. Following the completion of the sale, the chief operating officer directly owned 7,441 shares of the company’s stock, valued at approximately $4,881,296. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total value of $325,932.00. Following the sale, the insider owned 27,237 shares of the company’s stock, valued at approximately $17,104,836. The trade was a 1.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 75,798 shares of company stock valued at $58,347,026 over the last three months. 13.61% of the stock is owned by insiders.

About Meta Platforms

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.