Meta Platforms, Inc. $META is Mirador Capital Partners LP's 7th Largest Position

Key Points

• Mirador Capital Partners LP increased its stake in Meta Platforms, Inc. by 2.5%, bringing its total ownership to 24,430 shares valued at approximately $18.03 million.
• Meta reported quarterly earnings of $7.14 EPS, surpassing expectations, with a revenue of $47.52 billion, reflecting a 21.6% year-over-year increase.
• The company declared a quarterly dividend of $0.525 per share, yielding 0.3%, to be paid to investors on September 29.

Mirador Capital Partners LP boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,430 shares of the social networking company's stock after buying an additional 590 shares during the quarter. Meta Platforms makes up approximately 2.9% of Mirador Capital Partners LP's investment portfolio, making the stock its 7th biggest holding. Mirador Capital Partners LP's holdings in Meta Platforms were worth $18,032,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings 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 valued at $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of Meta Platforms by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock worth $129,666,000 after purchasing an additional 7,587 shares during the last quarter. Highview Capital Management LLC DE raised its holdings in Meta Platforms by 3.7% in the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock valued at $3,624,000 after acquiring an additional 218 shares during the last quarter. Finally, CSS LLC IL raised its holdings in Meta Platforms by 14.6% in the 4th quarter. CSS LLC IL now owns 2,035 shares of the social networking company's stock valued at $1,192,000 after acquiring an additional 260 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $391,611.99. Following the completion of the transaction, the chief operating officer directly owned 11,060 shares in the company, valued at approximately $8,377,618.20. This represents a 4.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the company's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $767.16, for a total transaction of $398,156.04. Following the completion of the sale, the insider directly owned 30,870 shares in the company, valued at $23,682,229.20. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 257,922 shares of company stock worth $196,412,792 over the last ninety days. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

META stock traded down $1.87 during trading on Friday, reaching $778.38. 22,494,703 shares of the company were exchanged, compared to its average volume of 9,174,566. The company has a market cap of $1.96 trillion, a P/E ratio of 28.18, a PEG ratio of 1.63 and a beta of 1.24. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock's 50 day moving average price is $747.06 and its 200 day moving average price is $665.93. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its 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. The company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, September 22nd. Meta Platforms's payout ratio is currently 7.60%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on META shares. Hsbc Global Res raised shares of Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Benchmark increased their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. BMO Capital Markets increased their price objective on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a "market perform" rating in a research report on Thursday, July 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Wednesday. Finally, Morgan Stanley increased their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" 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 company. According to MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and an average target price of $826.05.

Meta Platforms Company 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.