Copeland Capital Management LLC Purchases 1,048 Shares of Meta Platforms, Inc. $META

Key Points

• Copeland Capital Management LLC increased its holdings in Meta Platforms, Inc. by 5.2% during the second quarter, acquiring an additional 1,048 shares, bringing its total to 21,139 shares valued at approximately $15.6 million.
• Meta Platforms reported an EPS of $7.14 for the last quarter, significantly exceeding analysts' forecast of $5.75 and achieving a revenue of $47.52 billion, up 21.6% from the previous year.
• The company recently declared a quarterly dividend of $0.525 per share, representing an annualized yield of 0.3% and a payout ratio of 7.60%.

Copeland Capital Management LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 5.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,139 shares of the social networking company's stock after purchasing an additional 1,048 shares during the period. Copeland Capital Management LLC's holdings in Meta Platforms were worth $15,603,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings in Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Invesco Ltd. boosted its position in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock valued at $10,184,163,000 after buying an additional 400,927 shares during the period. Goldman Sachs Group Inc. boosted its position in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company's stock valued at $7,229,553,000 after buying an additional 536,160 shares during the period. Finally, Wellington Management Group LLP boosted its position in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock valued at $5,787,329,000 after buying an additional 247,850 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Down 3.8%

NASDAQ:META opened at $705.30 on Friday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The firm has a 50 day moving average of $752.20 and a 200 day moving average of $678.77. 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 stock has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 25.54, a PEG ratio of 1.53 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating 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 company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter in the prior year, the company posted $5.16 earnings per share. Meta Platforms's revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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 is presently 7.60%.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total transaction of $372,112.62. Following the completion of the sale, the insider owned 29,313 shares of the company's stock, valued at $21,016,834.74. This represents a 1.74% decrease in their ownership of the stock. 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 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 sale, the director directly owned 8,412 shares of the company's stock, valued at $6,371,837.64. The trade was a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,946,219 over the last 90 days. Insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on META shares. Hsbc Global Res raised shares of Meta Platforms from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st. Mizuho set a $925.00 price objective on shares of Meta Platforms and gave the company an "outperform" rating in a research report on Monday, September 29th. Needham & Company LLC raised shares of Meta Platforms from an "underperform" rating to a "hold" rating in a research report on Thursday, July 3rd. Monness Crespi & Hardt boosted their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Truist Financial set a $880.00 price objective on shares of Meta Platforms in a research report on Thursday, September 18th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $830.68.

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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