Financial Partners Group Inc Acquires 338 Shares of Meta Platforms, Inc. $META

Key Points

• Financial Partners Group Inc increased its stake in Meta Platforms by 10%, acquiring an additional 338 shares, bringing its total holdings to 3,733 shares valued at $2,755,000.
• Recent analysis shows a positive outlook for Meta, with several firms raising their price targets, including Canaccord Genuity's lift from $825 to $850 and Stifel Nicolaus' increase to $900, reflecting a consensus target of $826.05.
• Meta announced a quarterly dividend of $0.525 per share, with an annualized yield of 0.3%, marking a 7.60% payout ratio.

Financial Partners Group Inc boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 10.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,733 shares of the social networking company's stock after purchasing an additional 338 shares during the period. Financial Partners Group Inc's holdings in Meta Platforms were worth $2,755,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms in the first quarter valued at approximately $33,000. JCIC Asset Management Inc. raised its stake 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 acquiring an additional 40 shares during the last quarter. Finally, Principia Wealth Advisory LLC raised its stake in shares of Meta Platforms by 53.6% in the first quarter. Principia Wealth Advisory LLC now owns 86 shares of the social networking company's stock valued at $50,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on META. Canaccord Genuity Group lifted their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. DA Davidson lifted their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. JMP Securities lifted their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research note on Thursday, July 31st. Stifel Nicolaus raised their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, Citizens Jmp boosted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $826.05.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the business's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $781.33, for a total value of $403,947.61. Following the completion of the transaction, the chief operating officer owned 10,543 shares of the company's stock, valued at $8,237,562.19. The trade was a 4.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the sale, the director directly owned 8,412 shares in the company, 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. In the last 90 days, insiders sold 230,336 shares of company stock valued at $176,625,049. Company insiders own 13.61% of the company's stock.

Meta Platforms Price Performance

META opened at $743.75 on Friday. The company has a fifty day moving average price of $751.74 and a two-hundred day moving average price of $670.49. 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 has a market capitalization of $1.87 trillion, a PE ratio of 26.93, a P/E/G ratio of 1.56 and a beta of 1.24.

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 net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the business earned $5.16 EPS. The business'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, analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be issued 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 of this dividend is Monday, September 22nd. Meta Platforms's payout ratio is currently 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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