Meta Platforms, Inc. $META Shares Acquired by SeaBridge Investment Advisors LLC

Key Points

• SeaBridge Investment Advisors LLC increased its stake in Meta Platforms, Inc. by 2.7%, owning 16,954 shares valued at approximately $12.5 million, making it the firm’s 9th largest holding.
• Meta reported $7.14 EPS in its recent quarterly earnings, surpassing analyst expectations of $5.75, with a revenue of $47.52 billion, which is a 21.6% increase year-over-year.
• The company recently announced a quarterly dividend of $0.525 per share, reflecting an annualized yield of 0.3% and a payout ratio of 7.60%.

SeaBridge Investment Advisors LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,954 shares of the social networking company's stock after purchasing an additional 445 shares during the quarter. Meta Platforms comprises about 2.3% of SeaBridge Investment Advisors LLC's portfolio, making the stock its 9th biggest holding. SeaBridge Investment Advisors LLC's holdings in Meta Platforms were worth $12,514,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of META. Brighton Jones LLC raised its position in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Apella Capital LLC raised its position in Meta Platforms by 40.6% in the first quarter. Apella Capital LLC now owns 3,560 shares of the social networking company's stock worth $2,085,000 after acquiring an additional 1,028 shares in the last quarter. Matrix Trust Co raised its position in Meta Platforms by 26.4% in the first quarter. Matrix Trust Co now owns 359 shares of the social networking company's stock worth $207,000 after acquiring an additional 75 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC raised its position in Meta Platforms by 3.1% in the first quarter. Warren Street Wealth Advisors LLC now owns 3,004 shares of the social networking company's stock worth $1,731,000 after acquiring an additional 89 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Trading Up 1.4%

NASDAQ META opened at $727.05 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm's fifty day simple moving average is $753.26 and its 200-day simple moving average is $673.93. The company has a market capitalization of $1.83 trillion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter last year, the firm earned $5.16 earnings per share. The business's revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was 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%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 214,182 shares of company stock worth $164,955,168. 13.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

META has been the topic of several research reports. Truist Financial set a $880.00 price target on shares of Meta Platforms in a research report on Thursday, September 18th. Citigroup reiterated an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 31st. Barclays boosted their price objective on Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Royal Bank Of Canada boosted their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Finally, Hsbc Global Res upgraded Meta Platforms from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $830.02.

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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