Lingohr Asset Management GmbH Decreases Stock Position in Meta Platforms, Inc. $META

Key Points

• Lingohr Asset Management GmbH has reduced its stock position in Meta Platforms, Inc. (NASDAQ:META) by 87.3%, selling 11,127 shares and retaining only 1,617 shares, worth approximately $1,193,000.
• During the same period, several hedge funds increased their stakes in Meta, with Csenge Advisory Group raising its holdings by 12.0% and Infusive Asset Management by 10.7%.
• Meta Platforms reported earnings of $7.14 per share for the most recent quarter, significantly exceeding analysts’ expectations of $5.75, contributing to a revenue increase of 21.6% year-over-year.

Lingohr Asset Management GmbH lessened its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 87.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,617 shares of the social networking company's stock after selling 11,127 shares during the period. Meta Platforms makes up approximately 2.2% of Lingohr Asset Management GmbH's holdings, making the stock its 11th largest holding. Lingohr Asset Management GmbH's holdings in Meta Platforms were worth $1,193,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Csenge Advisory Group raised its holdings in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock valued at $5,498,000 after buying an additional 1,019 shares during the period. ARQ Wealth Advisors LLC raised its holdings in Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock valued at $452,000 after buying an additional 34 shares during the period. JMG Financial Group Ltd. purchased a new stake in Meta Platforms during the 1st quarter valued at $284,000. Infusive Asset Management Inc. raised its holdings in Meta Platforms by 10.7% during the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock valued at $13,614,000 after buying an additional 2,285 shares during the period. Finally, Aspire Growth Partners LLC raised its holdings in Meta Platforms by 7.3% during the 1st quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock valued at $395,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Price Performance

META opened at $755.59 on Monday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. 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 business's fifty day simple moving average is $741.83 and its 200-day simple moving average is $661.86. The company has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 27.36, a PEG ratio of 1.56 and a beta of 1.24.

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 (EPS) for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the prior year, the company earned $5.16 EPS. The business's revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be 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 is Monday, September 22nd. Meta Platforms's dividend payout ratio is 7.60%.

Analyst Upgrades and Downgrades

Several brokerages have commented on META. Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a research report on Thursday, July 3rd. JMP Securities upped their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price objective on Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Guggenheim reaffirmed a "buy" rating and issued a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Finally, Morgan Stanley upped their price objective on Meta Platforms from $750.00 to $850.00 and gave the company an "overweight" rating in a research report 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $822.41.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the company's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $755.65, for a total transaction of $390,671.05. Following the completion of the sale, the chief operating officer directly owned 11,577 shares in the company, valued at $8,748,160.05. This represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 268,505 shares of company stock valued at $203,749,711. Company insiders own 13.61% of the company's stock.

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.

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