Capital Asset Advisory Services LLC Lowers Position in Meta Platforms, Inc. $META

Key Points

• Capital Asset Advisory Services LLC reduced its stake in Meta Platforms by 4.3% during the second quarter, owning 12,612 shares valued at $9,071,000 following the sale of 561 shares.
• Meta Platforms reported $7.14 earnings per share for the last quarter, exceeding estimates of $5.75, with revenue reaching $47.52 billion—a 21.6% year-over-year increase.
• The company plans to pay a quarterly dividend of $0.525 per share on September 29th, reflecting a 0.3% dividend yield and a payout ratio of 7.60%.

Capital Asset Advisory Services LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,612 shares of the social networking company's stock after selling 561 shares during the period. Capital Asset Advisory Services LLC's holdings in Meta Platforms were worth $9,071,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in META. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $33,000. JCIC Asset Management Inc. lifted its position in shares of Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after buying an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new position in shares of Meta Platforms during the 4th quarter valued at approximately $47,000. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a research report on Thursday, July 3rd. Sanford C. Bernstein increased their price objective on Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Oppenheimer increased their price objective on Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Hsbc Global Res raised Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Finally, Loop Capital reissued a "buy" rating and issued a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Meta Platforms Stock Up 0.6%

NASDAQ META opened at $755.59 on Monday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The business's fifty day simple moving average is $741.83 and its 200-day simple moving average is $661.86. The firm has a market cap of $1.90 trillion, a PE ratio of 27.36, a P/E/G ratio of 1.56 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company's quarterly revenue was up 21.6% on a year-over-year basis. During the same period last year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) is presently 7.60%.

Insiders Place Their Bets

In related news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $755.65, for a total transaction of $390,671.05. Following the completion of the sale, the chief operating officer directly owned 11,577 shares of the company's stock, valued at approximately $8,748,160.05. This trade represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares of the company's stock, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 268,505 shares of company stock valued at $203,749,711 over the last 90 days. Company insiders own 13.61% of the company's stock.

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.

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