HCR Wealth Advisors Boosts Stock Position in Meta Platforms, Inc. $META

HCR Wealth Advisors boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,206 shares of the social networking company's stock after buying an additional 858 shares during the quarter. Meta Platforms makes up about 1.7% of HCR Wealth Advisors' holdings, making the stock its 11th largest position. HCR Wealth Advisors' holdings in Meta Platforms were worth $14,176,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of META. Kingstone Capital Partners Texas LLC boosted its stake in Meta Platforms by 608,429.2% in the second 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 acquiring an additional 59,766,000 shares in the last quarter. Nuveen LLC acquired a new position in Meta Platforms in the first quarter valued at $2,990,544,000. Assenagon Asset Management S.A. boosted its stake in Meta Platforms by 712.2% in the first quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock valued at $1,462,589,000 after acquiring an additional 2,225,186 shares in the last quarter. Amundi boosted its stake in Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company's stock valued at $4,111,050,000 after acquiring an additional 1,470,070 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Meta Platforms by 8.8% in the first 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 acquiring an additional 1,255,546 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on META. Benchmark increased their target price on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Mizuho set a $925.00 price target on Meta Platforms and gave the stock an "outperform" rating in a report on Monday, September 29th. Zacks Research lowered Meta Platforms from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Citigroup reissued an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $830.02.

Meta Platforms Trading Down 2.3%

Shares of META opened at $710.56 on Monday. 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 has a 50 day simple moving average of $753.21 and a 200-day simple moving average of $676.07. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The stock has a market cap of $1.79 trillion, a price-to-earnings ratio of 25.73, a price-to-earnings-growth ratio of 1.48 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. During the same period last year, the company posted $5.16 EPS. The company's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $768.67, for a total value of $12,181,113.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,665 shares of company stock valued at $164,584,215. Company insiders own 13.61% of the company's stock.

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.

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