Callan Family Office LLC Acquires 51,380 Shares of Meta Platforms, Inc. $META

Key Points

• Callan Family Office LLC increased its stake in Meta Platforms, Inc. by 188.6% during Q2, acquiring an additional 51,380 shares, bringing its total ownership to 78,625 shares valued at approximately $58 million.
• Meta Platforms reported a strong Q2 with earnings per share of $7.14, exceeding analyst estimates by $1.39, and a revenue of $47.52 billion, up 21.6% year-over-year.
• The company recently declared a quarterly dividend of $0.525 per share, representing an annualized yield of 0.3%, with a payout ratio of 7.60%.

Callan Family Office LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 188.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,625 shares of the social networking company's stock after acquiring an additional 51,380 shares during the quarter. Meta Platforms comprises approximately 1.8% of Callan Family Office LLC's portfolio, making the stock its 7th biggest holding. Callan Family Office LLC's holdings in Meta Platforms were worth $58,032,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the business. Court Place Advisors LLC grew its holdings in Meta Platforms by 13.4% in the 2nd quarter. Court Place Advisors LLC now owns 1,013 shares of the social networking company's stock valued at $748,000 after buying an additional 120 shares during the period. Blair William & Co. IL lifted its position in shares of Meta Platforms by 4.6% during the second quarter. Blair William & Co. IL now owns 576,598 shares of the social networking company's stock worth $425,581,000 after purchasing an additional 25,440 shares in the last quarter. Rice Partnership LLC grew its stake in shares of Meta Platforms by 21.9% during the second quarter. Rice Partnership LLC now owns 14,379 shares of the social networking company's stock valued at $10,613,000 after acquiring an additional 2,583 shares in the last quarter. TFR Capital LLC. raised its position in shares of Meta Platforms by 5.9% in the 2nd quarter. TFR Capital LLC. now owns 5,187 shares of the social networking company's stock valued at $3,828,000 after purchasing an additional 290 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV grew its holdings in Meta Platforms by 104.1% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 4,534 shares of the social networking company's stock worth $3,346,000 after acquiring an additional 2,312 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Up 0.7%

Meta Platforms stock opened at $716.91 on Friday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. 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 firm has a market capitalization of $1.80 trillion, a PE ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20. The business's 50-day simple moving average is $746.75 and its 200-day simple moving average is $683.72.

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

Meta Platforms Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is currently 7.60%.

Insider Buying and Selling

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares in the company, valued at $184,059,219.75. This represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the business's stock in a transaction dated 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 owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 214,182 shares of company stock valued at $164,933,323. 13.61% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Guggenheim restated a "buy" rating and set a $800.00 price objective (up from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. DA Davidson boosted their target price on Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Sanford C. Bernstein increased their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Wells Fargo & Company upped their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the company an "overweight" rating in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. increased their price objective on Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $830.68.

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.

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