Jackson Wealth Management LLC Has $1.38 Million Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Jackson Wealth Management cut its Meta stake by 89% in the second quarter, leaving 2,451 shares worth approximately $1.38 million. Institutional investors still own 79.91% of Meta’s outstanding stock.
• Analysts remain broadly positive, with Meta receiving a consensus “Moderate Buy” rating and an average price target of $789.63, despite targets ranging from $730 to $850.
• Meta’s quarterly revenue rose 28% year over year to $60.8 billion, but EPS of $6.18 missed expectations of $7.19. The company also declared a quarterly dividend of $0.525 per share, representing a 0.3% annualized yield.

Jackson Wealth Management LLC trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 89.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,451 shares of the social networking company's stock after selling 19,804 shares during the period. Meta Platforms comprises about 0.8% of Jackson Wealth Management LLC's holdings, making the stock its 22nd biggest holding. Jackson Wealth Management LLC's holdings in Meta Platforms were worth $1,381,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. RHL Group LLC acquired a new position in Meta Platforms during the 4th quarter worth $28,000. Advantage Trust Co acquired a new position in shares of Meta Platforms during the 2nd quarter worth about $28,000. Niles Investment Management LLC bought a new stake in Meta Platforms during the 4th quarter valued at approximately $29,000. Philadelphia Investment Partners LLC bought a new stake in Meta Platforms during the 2nd quarter valued at approximately $32,000. Finally, Axiom Investment Management LLC acquired a new stake in Meta Platforms in the 1st quarter valued at approximately $36,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on META shares. Raymond James Financial increased their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 21st. Weiss Ratings downgraded Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, June 26th. Guggenheim restated a "buy" rating and set a $800.00 price target on shares of Meta Platforms in a research note on Tuesday, July 28th. Monness Crespi & Hardt reduced their price objective on Meta Platforms from $890.00 to $730.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Finally, Evercore reissued an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and a consensus price target of $789.63.

Meta Platforms Stock Down 0.6%

META opened at $736.59 on Wednesday. The firm has a market cap of $1.88 trillion, a price-to-earnings ratio of 27.74, a PEG ratio of 1.29 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The firm's 50-day simple moving average is $609.53 and its 200-day simple moving average is $610.57. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $770.60.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the business earned $7.14 earnings per share. Equities research analysts anticipate that Meta Platforms, Inc. will post 27.93 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, September 21st 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 21st. Meta Platforms's dividend payout ratio (DPR) is currently 7.91%.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Muse is gaining significant consumer traction. The agent reportedly surpassed ChatGPT’s early mobile download pace and can handle tasks such as shopping, travel bookings, email and financial-related services. Investors increasingly view Muse as a potential new revenue platform rather than simply another AI feature. Wall Street expects Meta's AI agent to shape into a new revenue engine
• Positive Sentiment: Commercial partnerships strengthen the monetization case. Shopify is integrating Shop Pay checkout with Muse, while PayPal is also expected to use the agent. These deals could help Meta capture value from AI-powered commerce and create a platform for outside developers and services. Shopify Brings Shop Pay Checkout Solution to Meta's Muse AI Agent
• Positive Sentiment: Analysts raised their targets. Jefferies increased its Meta price target to $875 from $710 and maintained a Buy rating, while Bank of America reaffirmed Buy with an $810 target. Analysts cited Muse’s early adoption and potential to add a new earnings stream. Jefferies Adjusts Price Target on Meta Platforms
• Positive Sentiment: The core advertising business remains supportive. Meta’s latest reported revenue increased 28% year over year to $60.8 billion, with stronger ad pricing helping offset slower impression growth. Investors are also looking ahead to additional AI announcements at Meta Connect.
• Neutral Sentiment: Meta continues to expand its AI infrastructure. Its planned Petal subsea cable and reported custom CPU work with Arm could improve long-term computing capacity and efficiency, but these projects require substantial capital and will not produce immediate revenue.
• Negative Sentiment: Execution and spending concerns remain. Meta’s recent EPS missed consensus despite revenue growth, while rising capital expenditures, debt and weaker cash-flow expectations could limit near-term upside after the stock’s large advance.
• Negative Sentiment: Amazon’s refusal to allow Muse shopping highlights platform friction. Meta is also testing human contractors to complete some Muse calls, raising questions about reliability, privacy, scalability and the cost of delivering the service. Meta testing a human concierge for Muse

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of the business's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the transaction, the chief operating officer directly owned 9,498 shares of the company's stock, valued at approximately $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the transaction, the chief technology officer directly owned 828 shares of the company's stock, valued at approximately $462,024. This represents a 90.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 81,758 shares of company stock worth $51,214,020. 13.53% of the stock is owned by company insiders.

Meta Platforms Company Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company's principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.

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