Meta Platforms, Inc. $META Shares Bought by Caisse DE Depot ET Placement DU Quebec

Key Points

• Caisse DE Depot ET Placement DU Quebec has increased its stake in Meta Platforms, Inc. by 7.7%, now owning approximately 1,659,619 shares valued at $956.5 million.
• Meta reported a 21.6% year-over-year increase in revenue to $47.52 billion, with an EPS of $7.14 for the last quarter, exceeding analysts' estimates.
• The company announced a quarterly dividend of $0.525 per share, resulting in an annualized yield of 0.3% as of June 26th.

Caisse DE Depot ET Placement DU Quebec increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,659,619 shares of the social networking company's stock after buying an additional 118,895 shares during the period. Meta Platforms accounts for about 2.0% of Caisse DE Depot ET Placement DU Quebec's portfolio, making the stock its 6th largest holding. Caisse DE Depot ET Placement DU Quebec owned 0.07% of Meta Platforms worth $956,538,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of META. Inlight Wealth Management LLC acquired a new position in shares of Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms in the 1st quarter valued at $33,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Meta Platforms in the 4th quarter valued at $45,000. Finally, JCIC Asset Management Inc. grew its holdings in Meta Platforms by 102.6% in the 1st 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.

Insider Activity at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were 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 in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Insiders sold a total of 313,803 shares of company stock valued at $235,276,424 in the last quarter. Insiders own 13.61% of the company's stock.

Meta Platforms Stock Up 2.1%

NASDAQ META opened at $754.79 on Monday. The business has a fifty day moving average price of $730.31 and a two-hundred day moving average price of $656.98. The stock has a market capitalization of $1.90 trillion, a PE ratio of 27.33, a PEG ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META - Get Free Report) last posted 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 return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter 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 expect 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 was paid on Thursday, June 26th. Investors of record on Monday, June 16th were given 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 was Monday, June 16th. Meta Platforms's dividend payout ratio is currently 7.60%.

Wall Street Analysts Forecast Growth

META has been the topic of several research reports. Roth Capital upped their price target on shares of Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Oppenheimer increased their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. TD Securities dropped their price target on shares of Meta Platforms from $725.00 to $700.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Morgan Stanley boosted their price target on Meta Platforms from $750.00 to $850.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Finally, Barclays increased their price target on Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $822.41.

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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