MRA Advisory Group Increases Position in Meta Platforms, Inc. $META

Key Points

• MRA Advisory Group increased its stake in Meta Platforms, Inc. by 12.1% during Q2, owning 5,837 shares valued at $4,308,000, making it the firm's 12th largest position.
• Meta Platforms reported $7.14 earnings per share in its latest quarter, surpassing analyst estimates of $5.75 and achieving a significant 21.6% year-over-year revenue growth to $47.52 billion.
• The company has announced a quarterly dividend of $0.525, with an ex-dividend date of September 22nd, representing an annualized yield of 0.3%.

MRA Advisory Group raised its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 12.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,837 shares of the social networking company's stock after purchasing an additional 628 shares during the quarter. Meta Platforms accounts for approximately 2.0% of MRA Advisory Group's portfolio, making the stock its 12th largest position. MRA Advisory Group's holdings in Meta Platforms were worth $4,308,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in META. Brighton Jones LLC raised its stake in shares of 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 acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of 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 valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of Meta Platforms by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock valued at $129,666,000 after acquiring an additional 7,587 shares in the last quarter. Highview Capital Management LLC DE raised its stake in shares of Meta Platforms by 3.7% in the fourth 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 in the last quarter. Finally, Sphera Management Technology Funds Ltd acquired a new stake in shares of Meta Platforms in the fourth quarter valued at $11,710,000. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Performance

NASDAQ META opened at $764.70 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The business's 50-day moving average price is $742.75 and its 200 day moving average price is $662.53. The firm has a market cap of $1.92 trillion, a P/E ratio of 27.69, a P/E/G ratio of 1.56 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly 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. 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 for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the company posted $5.16 earnings per share. The business's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be given a $0.525 dividend. The ex-dividend date 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 presently 7.60%.

Analyst Ratings Changes

Several equities analysts recently commented on META shares. JMP Securities increased their target price on Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a report on Thursday, July 31st. Wedbush increased their target price on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Bank of America increased their target price on Meta Platforms from $775.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Citigroup reissued an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 31st. Finally, Monness Crespi & Hardt raised their price objective on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Three 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, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Insider Activity

In related news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $755.65, for a total value of $390,671.05. Following the completion of the sale, the chief operating officer owned 11,577 shares in the company, valued at $8,748,160.05. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $757.50, for a total transaction of $393,142.50. Following the completion of the sale, the insider owned 31,389 shares of the company's stock, valued at approximately $23,777,167.50. The trade was a 1.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 259,674 shares of company stock worth $197,549,274 in the last three months. 13.61% of the stock is currently owned by company insiders.

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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