Consilium Wealth Advisory LLC Raises Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Consilium Wealth Advisory LLC increased its holdings in Meta Platforms, Inc. by 11.4% during the second quarter, now owning a total of 6,895 shares valued at approximately $5.09 million.
• Numerous institutional investors have adjusted their stakes in Meta, with 79.91% of the company's stock currently owned by institutional investors and hedge funds.
• Meta Platforms recently reported quarterly earnings, indicating an EPS of $7.14, surpassing expectations and showing a 21.6% revenue increase year-over-year.

Consilium Wealth Advisory LLC raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,895 shares of the social networking company's stock after acquiring an additional 705 shares during the period. Meta Platforms makes up about 2.1% of Consilium Wealth Advisory LLC's portfolio, making the stock its 14th biggest position. Consilium Wealth Advisory LLC's holdings in Meta Platforms were worth $5,089,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Inlight Wealth Management LLC acquired a new stake in Meta Platforms in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms in the 1st quarter valued at about $28,000. Evergreen Private Wealth LLC increased its stake in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock worth $40,000 after acquiring an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $33,000. Finally, Maseco LLP purchased a new position in shares of Meta Platforms during the second quarter worth $54,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

META has been the topic of a number of analyst reports. Canaccord Genuity Group raised their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Wedbush lifted their target price on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a "buy (b)" rating on shares of Meta Platforms in a research note on Wednesday. KeyCorp upped their price target on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Morgan Stanley boosted their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $830.68.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total transaction of $372,112.62. Following the sale, the insider directly owned 29,313 shares in the company, valued at $21,016,834.74. The trade was a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the transaction, the director owned 8,412 shares of the company's stock, valued at $6,371,837.64. This trade represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock worth $164,946,219 in the last ninety days. 13.61% of the stock is owned by insiders.

Meta Platforms Trading Down 3.8%

META opened at $705.30 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm's fifty day moving average price is $752.20 and its 200 day moving average price is $678.77. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The stock has a market capitalization of $1.77 trillion, a PE ratio of 25.54, a P/E/G ratio of 1.53 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results 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. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid 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 is presently 7.60%.

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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