Meta Platforms, Inc. $META Stock Holdings Lifted by Telos Capital Management Inc.

Telos Capital Management Inc. lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 3.7% in the 2nd quarter, Holdings Channel reports. The fund owned 11,335 shares of the social networking company’s stock after buying an additional 407 shares during the period. Telos Capital Management Inc.’s holdings in Meta Platforms were worth $8,366,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its position in shares of Meta Platforms by 608,429.2% in 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 purchasing an additional 59,766,000 shares in the last quarter. Nuveen LLC acquired a new position in shares of Meta Platforms in the first quarter worth $2,990,544,000. Amundi raised its holdings in shares of Meta Platforms by 23.5% during the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock worth $4,111,050,000 after acquiring an additional 1,470,070 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. Finally, Strs Ohio acquired a new stake in Meta Platforms during the first quarter valued at $571,086,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $326,227.00. Following the completion of the transaction, the chief operating officer owned 6,924 shares of the company’s stock, valued at $4,369,044. This represents a 6.95% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 7,947 shares of the company’s stock, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 44,421 shares of company stock valued at $33,573,980 over the last three months. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Trading Up 0.1%

Shares of META stock opened at $609.89 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s fifty day simple moving average is $716.58 and its 200 day simple moving average is $703.72. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 26.94, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last issued its quarterly 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. The firm had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business’s revenue was up 26.2% on a year-over-year basis. During the same period in the prior year, the firm earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently weighed in on META. Mizuho cut their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Raymond James Financial reissued a “strong-buy” rating and issued a $825.00 target price (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Rosenblatt Securities increased their price target on shares of Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Bank of America reduced their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Roth Capital reissued a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

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.