MassMutual Private Wealth & Trust FSB Has $74.61 Million Position in Meta Platforms, Inc. $META

MassMutual Private Wealth & Trust FSB increased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 101,088 shares of the social networking company's stock after buying an additional 1,792 shares during the quarter. Meta Platforms accounts for approximately 2.0% of MassMutual Private Wealth & Trust FSB's portfolio, making the stock its 9th largest holding. MassMutual Private Wealth & Trust FSB's holdings in Meta Platforms were worth $74,612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Csenge Advisory Group grew its position in Meta Platforms by 12.0% during the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock valued at $5,498,000 after acquiring an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC lifted its position in Meta Platforms by 4.5% during the first 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 position in Meta Platforms during the first quarter valued at $284,000. Infusive Asset Management Inc. increased its holdings in shares of Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock valued at $13,614,000 after acquiring an additional 2,285 shares in the last quarter. Finally, Aspire Growth Partners LLC increased its holdings in shares of Meta Platforms by 7.3% during the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock valued at $395,000 after acquiring an additional 45 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on META. KeyCorp lifted their price objective on Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. BMO Capital Markets lifted their price objective on Meta Platforms from $610.00 to $710.00 and gave the stock a "market perform" rating in a research note on Thursday, July 31st. Piper Sandler boosted their target price on Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Benchmark upped their price objective on Meta Platforms from $800.00 to $890.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Citigroup reiterated an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 31st. Three 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's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the 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 transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 256,921 shares of company stock worth $195,620,990. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Up 1.9%

Shares of META stock opened at $779.00 on Wednesday. The stock's 50-day simple moving average is $743.92 and its 200-day simple moving average is $663.34. 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 firm has a market capitalization of $1.96 trillion, a PE ratio of 28.20, a P/E/G ratio of 1.58 and a beta of 1.24. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company's revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) 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.

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