Meta Platforms, Inc. $META Shares Purchased by Mather Group LLC.

Key Points

• Mather Group LLC increased its stake in Meta Platforms, Inc. by 3.2% during Q2, now owning 23,562 shares valued at approximately $17.39 million.
• Meta Platforms reported $7.14 earnings per share for the last quarter, significantly surpassing analysts' estimates of $5.75, with a revenue of $47.52 billion compared to expected $44.55 billion.
• The company declared a quarterly dividend of $0.525 per share, to be paid on September 29, indicating a yearly yield of 0.3% and a dividend payout ratio of 7.60%.

Mather Group LLC. lifted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,562 shares of the social networking company's stock after acquiring an additional 740 shares during the period. Mather Group LLC.'s holdings in Meta Platforms were worth $17,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in META. Kingstone Capital Partners Texas LLC boosted its holdings in Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Nuveen LLC purchased a new stake in Meta Platforms in the first quarter valued at $2,990,544,000. Assenagon Asset Management S.A. boosted its holdings in Meta Platforms by 712.2% in the first quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock valued at $1,462,589,000 after purchasing an additional 2,225,186 shares during the last quarter. Amundi boosted its holdings in Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company's stock valued at $4,111,050,000 after purchasing an additional 1,470,070 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after purchasing an additional 1,255,546 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Trading Down 0.7%

Shares of Meta Platforms stock opened at $743.75 on Monday. The firm has a market capitalization of $1.87 trillion, a PE ratio of 26.93, a P/E/G ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The firm's 50-day moving average price is $751.74 and its 200 day moving average price is $671.40. 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 (NASDAQ:META - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

Insider Activity at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider directly owned 237,205 shares of the company's stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 229,819 shares of company stock valued at $176,241,968. 13.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

META has been the topic of several recent research reports. Zacks Research lowered shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Oppenheimer upped their price target on shares of Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Guggenheim reaffirmed a "buy" rating and issued a $800.00 price target (up from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Scotiabank raised their target price on Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. Finally, Raymond James Financial raised their target price on Meta Platforms from $750.00 to $900.00 and gave the company a "strong-buy" 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $826.05.

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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