Kathmere Capital Management LLC Grows Holdings in Meta Platforms, Inc. $META

Key Points

• Kathmere Capital Management LLC increased its holdings in Meta Platforms by 10.8% in the second quarter, now owning 4,990 shares valued at approximately $3.68 million.
• Several institutional investors, including Evergreen Private Wealth LLC and JCIC Asset Management Inc., also boosted their stakes in Meta, reflecting strong institutional interest as they collectively own nearly 80% of the company's stock.
• Meta Platforms' recent earnings report showed an EPS of $7.14, exceeding analysts' expectations, and the company announced a quarterly dividend of $0.525, with a yield of 0.3%.

Kathmere Capital Management LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 10.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,990 shares of the social networking company's stock after acquiring an additional 487 shares during the period. Kathmere Capital Management LLC's holdings in Meta Platforms were worth $3,683,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of META. Inlight Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms in the 1st quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the 1st quarter valued at about $33,000. Evergreen Private Wealth LLC increased its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock valued at $40,000 after buying an additional 38 shares during the last quarter. Finally, JCIC Asset Management Inc. raised its stake in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after buying an additional 40 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Analyst Ratings Changes

META has been the topic of several research analyst reports. Citizens Jmp raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Loop Capital reiterated a "buy" rating and set a $980.00 price objective (up previously from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Morgan Stanley raised their target price on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Oppenheimer upped their target price on Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada boosted their price objective on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Three research 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 company's stock. According to MarketBeat, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $830.02.

Insider Activity

In other news, Director Robert M. Kimmitt sold 465 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 transaction of $352,223.55. Following the completion of the transaction, the director owned 8,412 shares in the company, valued at approximately $6,371,837.64. This trade represents a 5.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Javier Olivan sold 517 shares of the business's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $781.33, for a total transaction of $403,947.61. Following the completion of the sale, the chief operating officer owned 10,543 shares in the company, valued at $8,237,562.19. The trade was a 4.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 213,146 shares of company stock worth $164,183,241 over the last 90 days. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Price Performance

Shares of META opened at $734.38 on Wednesday. The firm has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock's fifty day moving average is $752.94 and its 200-day moving average is $672.78. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly 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 company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the previous year, the firm earned $5.16 EPS. Meta Platforms's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. 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 payout ratio is currently 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.

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