Monument Capital Management Has $1.95 Million Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Monument Capital Management reduced its stake in Meta Platforms by 63.8% during Q2, leaving it with 2,637 shares valued at approximately $1.95 million.
• Meta Platforms reported earnings of $7.14 per share for the last quarter, surpassing expectations and reflecting a 21.6% year-over-year revenue increase.
• The company announced a quarterly dividend of $0.525 per share, contributing to a 0.3% dividend yield, with a dividend payout ratio of 7.60%.

Monument Capital Management cut its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 63.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,637 shares of the social networking company's stock after selling 4,638 shares during the quarter. Monument Capital Management's holdings in Meta Platforms were worth $1,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of META. Pachira Investments Inc. increased its position in Meta Platforms by 3.0% during the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock worth $360,000 after buying an additional 14 shares during the last quarter. Shelton Wealth Management LLC increased its position in Meta Platforms by 0.9% during the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company's stock worth $1,302,000 after buying an additional 15 shares during the last quarter. Myecfo LLC increased its position in Meta Platforms by 2.0% during the second quarter. Myecfo LLC now owns 776 shares of the social networking company's stock worth $573,000 after buying an additional 15 shares during the last quarter. Kooman & Associates increased its position in Meta Platforms by 2.8% during the second quarter. Kooman & Associates now owns 544 shares of the social networking company's stock worth $402,000 after buying an additional 15 shares during the last quarter. Finally, Nabity Jensen Investment Management Inc increased its position in Meta Platforms by 1.1% during the second quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company's stock worth $1,017,000 after buying an additional 15 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Zacks Research downgraded shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Canaccord Genuity Group raised their price target on Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Monness Crespi & Hardt raised their price target on Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Wells Fargo & Company raised their price target on Meta Platforms from $811.00 to $837.00 and gave the company an "overweight" rating in a research report on Tuesday, October 7th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $920.00 price target on shares of Meta Platforms in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $830.68.

Meta Platforms Stock Up 0.7%

NASDAQ META opened at $716.91 on Monday. 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 50-day simple moving average of $746.75 and a 200 day simple moving average of $684.78. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a market cap of $1.80 trillion, a PE ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20.

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

Meta Platforms Announces Dividend

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

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the sale, the insider owned 28,794 shares in the company, valued at approximately $20,381,832.90. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $713.34, for a total transaction of $368,796.78. Following the completion of the sale, the chief operating officer owned 8,992 shares of the company's stock, valued at approximately $6,414,353.28. The trade was a 5.44% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 213,665 shares of company stock worth $164,568,109. Company insiders own 13.61% of the company's stock.

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.

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