Ally Financial Inc. Purchases 4,000 Shares of Meta Platforms, Inc. $META

Key Points

• Ally Financial Inc. increased its holdings in Meta Platforms, Inc. by 23.5%, acquiring an additional 4,000 shares, bringing its total to 21,000 shares valued at $12.1 million.
• Meta reported impressive quarterly earnings with an EPS of $7.14, surpassing analysts' expectations of $5.75, and a revenue of $47.52 billion, a 21.6% increase compared to last year.
• Institutional investors own approximately 79.91% of Meta's stock, indicating strong institutional confidence in the company's performance.

Ally Financial Inc. increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 23.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,000 shares of the social networking company's stock after purchasing an additional 4,000 shares during the quarter. Meta Platforms makes up approximately 1.4% of Ally Financial Inc.'s holdings, making the stock its 15th biggest holding. Ally Financial Inc.'s holdings in Meta Platforms were worth $12,104,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in META. Brighton Jones LLC increased its holdings in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. Bank Pictet & Cie Europe AG increased its stake in shares of Meta Platforms by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock valued at $129,666,000 after buying an additional 7,587 shares in the last quarter. Highview Capital Management LLC DE raised its holdings in shares of Meta Platforms by 3.7% in the fourth quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock valued at $3,624,000 after buying an additional 218 shares during the last quarter. Finally, Benchstone Capital Management LP acquired a new position in Meta Platforms during the 4th quarter worth about $23,749,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $754.79 on Monday. The firm has a fifty day moving average of $730.31 and a two-hundred day moving average of $656.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 27.33, a PEG ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, June 16th. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

Several research firms have weighed in on META. JMP Securities raised their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research report on Thursday, July 31st. Guggenheim reissued a "buy" rating and set a $800.00 price target (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Piper Sandler boosted their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Scotiabank lifted their target price 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. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Insider Buying and Selling at Meta Platforms

In other news, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 313,803 shares of company stock valued at $235,276,424. 13.61% of the stock is currently owned by corporate 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.

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