Meta Platforms, Inc. $META Shares Purchased by International Private Wealth Advisors LLC

Key Points

• International Private Wealth Advisors LLC has significantly increased its holdings in Meta Platforms, Inc. by 163.6% during the second quarter, bringing its total investment to approximately $1.04 million.
• Analysts have issued positive ratings for Meta Platforms, with target price upgrades from various firms, including Oppenheimer and Truist Financial, now setting targets as high as $900.00.
• Meta Platforms recently announced a quarterly dividend of $0.525 per share, with the ex-dividend date set for September 22nd, reflecting a 0.3% dividend yield.

International Private Wealth Advisors LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 163.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,413 shares of the social networking company's stock after purchasing an additional 877 shares during the period. International Private Wealth Advisors LLC's holdings in Meta Platforms were worth $1,043,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Kapstone Financial Advisors LLC lifted its position in shares of Meta Platforms by 2.0% in the 2nd quarter. Kapstone Financial Advisors LLC now owns 9,290 shares of the social networking company's stock worth $6,857,000 after purchasing an additional 179 shares during the period. TCV Trust & Wealth Management Inc. lifted its position in Meta Platforms by 48.2% during the second quarter. TCV Trust & Wealth Management Inc. now owns 526 shares of the social networking company's stock valued at $388,000 after acquiring an additional 171 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake 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 in the last quarter. IFM Investors Pty Ltd increased its stake in Meta Platforms by 4.5% during the 2nd quarter. IFM Investors Pty Ltd now owns 422,639 shares of the social networking company's stock valued at $311,946,000 after purchasing an additional 18,076 shares in the last quarter. Finally, Grove Bank & Trust increased its stake in Meta Platforms by 1.3% during the 2nd quarter. Grove Bank & Trust now owns 6,296 shares of the social networking company's stock valued at $4,647,000 after purchasing an additional 82 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on META shares. Raymond James Financial upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "strong-buy" rating in a research note on Thursday, July 31st. Loop Capital reiterated a "buy" rating and issued a $980.00 price objective (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Citizens Jmp increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Robert W. Baird increased their price objective on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. Finally, Hsbc Global Res upgraded shares of Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and an average price target of $826.05.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold 257,405 shares of company stock valued at $196,059,438 over the last ninety days. Company insiders own 13.61% of the company's stock.

Meta Platforms Price Performance

META traded down $13.22 during midday trading on Monday, hitting $765.16. 11,659,363 shares of the company traded hands, compared to its average volume of 9,828,774. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.92 trillion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.62 and a beta of 1.24. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The business has a 50 day simple moving average of $747.94 and a two-hundred day simple moving average of $667.24.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion for 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 company's revenue for the quarter was up 21.6% on a year-over-year basis. During the same period last year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts forecast 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 will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's payout ratio is 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.