Meta Platforms, Inc. $META is Gateway Investment Advisers LLC's 5th Largest Position

Key Points

• Gateway Investment Advisers LLC reduced its stake in Meta Platforms by 1.8%, now holding 418,285 shares valued at approximately $308.7 million, making it the fund's fifth largest position.
• Insider transactions include significant sales by CFO Susan J. Li and CEO Mark Zuckerberg, with a total of 257,922 shares sold in the last three months, reflecting a decline in their ownership positions.
• Meta Platforms announced a quarterly dividend of $0.525 per share, with the ex-dividend date on September 22nd, representing an annualized yield of 0.3%.

Gateway Investment Advisers LLC cut its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 418,285 shares of the social networking company's stock after selling 7,736 shares during the period. Meta Platforms comprises approximately 3.4% of Gateway Investment Advisers LLC's portfolio, making the stock its 5th biggest holding. Gateway Investment Advisers LLC's holdings in Meta Platforms were worth $308,732,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC lifted its stake in Meta Platforms by 67,172.9% in the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock valued at $13,517,178,000 after purchasing an additional 23,417,803 shares during the last quarter. Invesco Ltd. lifted its position in shares of Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock worth $10,184,163,000 after acquiring an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Meta Platforms by 4.5% during the first 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 worth $7,229,553,000 after acquiring an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Meta Platforms by 2.5% during the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock worth $5,787,329,000 after acquiring an additional 247,850 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $391,611.99. Following the completion of the sale, the chief operating officer directly owned 11,060 shares in the company, valued at $8,377,618.20. This trade represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total transaction of $398,156.04. Following the completion of the sale, the insider owned 30,870 shares of the company's stock, valued at $23,682,229.20. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 257,405 shares of company stock worth $196,059,438 over the last three months. Company insiders own 13.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. TD Cowen increased their target price on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Pivotal Research increased their price objective on Meta Platforms from $830.00 to $930.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. increased their price objective on Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Scotiabank increased their price objective on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Finally, Raymond James Financial increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $826.05.

Meta Platforms Trading Up 0.0%

Shares of Meta Platforms stock traded up $0.02 during trading on Monday, reaching $777.88. 3,371,248 shares of the stock were exchanged, compared to its average volume of 14,645,397. 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's fifty day moving average is $747.06 and its 200 day moving average is $666.27. The firm has a market cap of $1.95 trillion, a price-to-earnings ratio of 28.16, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

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

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be issued a $0.525 dividend. The ex-dividend date is Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

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.