Meta Platforms, Inc. $META Shares Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,429 shares of the social networking company’s stock after purchasing an additional 937 shares during the quarter. Meta Platforms accounts for approximately 2.8% of Plato Investment Management Ltd’s investment portfolio, making the stock its 5th biggest position. Plato Investment Management Ltd’s holdings in Meta Platforms were worth $37,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its stake in Meta Platforms by 608,429.2% during the second 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 acquiring an additional 59,766,000 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after purchasing an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Meta Platforms by 8.8% during 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 valued at $7,229,553,000 after purchasing an additional 536,160 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in Meta Platforms by 2.5% in the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after buying an additional 247,850 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on META shares. Raymond James Financial reiterated a “strong-buy” rating and set a $825.00 price target (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Mizuho lowered their target price on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and increased their target price for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $870.00 price objective (down previously from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $656.00, for a total value of $339,152.00. Following the transaction, the chief operating officer directly owned 7,441 shares of the company’s stock, valued at $4,881,296. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total value of $333,391.05. Following the sale, the director owned 7,947 shares in the company, valued at approximately $5,697,760.59. The trade was a 5.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 58,397 shares of company stock worth $44,662,165. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $627.08 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a 50 day simple moving average of $721.92 and a two-hundred day simple moving average of $705.05. The company has a market capitalization of $1.58 trillion, a PE ratio of 27.70, a P/E/G ratio of 1.40 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (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 firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the previous year, the company earned $6.03 EPS. The company’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Meta Platforms Company 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.