Meta Platforms, Inc. $META Position Raised by Dynamic Advisor Solutions LLC

Key Points

• Dynamic Advisor Solutions LLC has increased its stake in Meta Platforms, Inc. by 6.8% during the second quarter, now holding 38,807 shares valued at approximately $28.6 million.
• A wave of hedge funds, including Inlight Wealth Management LLC and Principia Wealth Advisory LLC, have entered or expanded their positions in Meta Platforms, indicating growing institutional interest in the company.
• Meta recently reported strong quarterly earnings of $7.14 EPS, exceeding estimates, with a revenue of $47.52 billion, reflecting a year-over-year increase of 21.6%.

Dynamic Advisor Solutions LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,807 shares of the social networking company's stock after acquiring an additional 2,482 shares during the period. Meta Platforms accounts for 0.9% of Dynamic Advisor Solutions LLC's holdings, making the stock its 18th biggest position. Dynamic Advisor Solutions LLC's holdings in Meta Platforms were worth $28,643,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in META. Inlight Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at about $33,000. JCIC Asset Management Inc. grew its position in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after purchasing an additional 40 shares during the period. Finally, Principia Wealth Advisory LLC boosted its position in Meta Platforms by 53.6% during the first quarter. Principia Wealth Advisory LLC now owns 86 shares of the social networking company's stock worth $50,000 after acquiring an additional 30 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Robert M. Kimmitt sold 465 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the transaction, the director owned 8,412 shares in the company, valued at approximately $6,371,837.64. This trade represents a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $767.16, for a total transaction of $398,156.04. Following the completion of the transaction, the insider owned 30,870 shares in the company, valued at $23,682,229.20. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 257,922 shares of company stock valued at $196,412,792 in the last ninety days. Insiders own 13.61% of the company's stock.

Meta Platforms Stock Performance

Meta Platforms stock traded down $1.87 during trading hours on Friday, reaching $778.38. 22,494,703 shares of the stock were exchanged, compared to its average volume of 9,174,566. The stock has a market cap of $1.96 trillion, a P/E ratio of 28.18, a P/E/G ratio of 1.63 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm's 50 day moving average is $747.06 and its 200 day moving average is $665.93.

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

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend 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 currently 7.60%.

Wall Street Analyst Weigh In

A number of brokerages have commented on META. JMP Securities lifted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research note on Thursday, July 31st. Canaccord Genuity Group lifted 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. Benchmark boosted their price target on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Sanford C. Bernstein boosted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Robert W. Baird boosted their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $826.05.

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.