Hutchinson Financial Advisors INC Buys New Stake in Meta Platforms, Inc. $META

Hutchinson Financial Advisors INC acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,055 shares of the social networking company’s stock, valued at approximately $1,517,000. Meta Platforms comprises approximately 0.6% of Hutchinson Financial Advisors INC’s portfolio, making the stock its 27th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the period. 1776 Wealth LLC boosted its position in shares of Meta Platforms by 137.2% in the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after acquiring an additional 675 shares during the last quarter. Smart Money Group LLC boosted its position in shares of Meta Platforms by 20.4% in the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after acquiring an additional 348 shares during the last quarter. Finally, Spear Holdings RSC Ltd purchased a new stake in Meta Platforms in the first quarter valued at approximately $37,463,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total transaction of $325,932.00. Following the completion of the sale, the insider directly owned 27,237 shares in the company, valued at $17,104,836. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the completion of the transaction, the director owned 7,947 shares in the company, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 58,397 shares of company stock valued at $44,662,165. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $627.08 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.40 and a beta of 1.20. The business has a 50-day moving average of $721.92 and a 200-day moving average of $705.05.

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

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have weighed in on META shares. Cantor Fitzgerald cut their price target on shares of Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Citigroup lowered their price target on Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Barclays cut their price objective on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Scotiabank lifted their price objective 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 analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

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.