Meta Platforms, Inc. $META is Rollins Financial Advisors LLC’s 8th Largest Position

Rollins Financial Advisors LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,293 shares of the social networking company’s stock after buying an additional 170 shares during the period. Meta Platforms comprises about 3.4% of Rollins Financial Advisors LLC’s portfolio, making the stock its 8th biggest position. Rollins Financial Advisors LLC’s holdings in Meta Platforms were worth $21,621,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Wealth Management Investment Advisory Inc. grew its holdings in Meta Platforms by 2.2% during the 2nd quarter. Global Wealth Management Investment Advisory Inc. now owns 6,373 shares of the social networking company’s stock worth $4,704,000 after acquiring an additional 138 shares in the last quarter. CSM Advisors LLC raised its holdings in shares of Meta Platforms by 3.3% in the 2nd quarter. CSM Advisors LLC now owns 34,279 shares of the social networking company’s stock valued at $25,302,000 after purchasing an additional 1,090 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its position in shares of Meta Platforms by 17.5% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 12,699 shares of the social networking company’s stock worth $9,373,000 after purchasing an additional 1,895 shares during the last quarter. Rathbones Group PLC increased its holdings in Meta Platforms by 23.3% in the second quarter. Rathbones Group PLC now owns 551,228 shares of the social networking company’s stock valued at $406,856,000 after buying an additional 104,184 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its holdings in Meta Platforms by 31.5% in the second quarter. Campbell & CO Investment Adviser LLC now owns 2,499 shares of the social networking company’s stock valued at $1,844,000 after buying an additional 599 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $590.32 on Thursday. The stock has a fifty day moving average price of $704.12 and a 200 day moving average price of $705.68. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The company has a market cap of $1.49 trillion, a PE ratio of 26.07, a P/E/G ratio of 1.25 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the prior year, the firm earned $6.03 EPS. Meta Platforms’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on META shares. Monness Crespi & Hardt lowered their price objective on Meta Platforms from $860.00 to $808.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Guggenheim reaffirmed a “buy” rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Benchmark cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Stifel Nicolaus reduced their price objective 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. Finally, BMO Capital Markets increased their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $825.05.

Insider Buying and Selling

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the completion of the transaction, the chief operating officer directly owned 15,302 shares of the company’s stock, valued at approximately $9,245,927.46. This represents a 3.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 6,875 shares of the firm’s stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the sale, the chief financial officer directly owned 88,370 shares of the company’s stock, valued at $53,857,980.20. This represents a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,024 shares of company stock worth $19,233,987 in the last three months. Company 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.