Omnia Family Wealth LLC Grows Stock Position in Meta Platforms, Inc. $META

Key Points

• Omnia Family Wealth LLC increased its holdings in Meta Platforms, Inc. by 8.7%, acquiring an additional 362 shares to hold a total of 4,501 shares valued at approximately $3.32 million.
• Multiple institutional investors, including Brighton Jones LLC and GAMMA Investing LLC, also raised their stakes in Meta Platforms, further indicating increased institutional interest in the stock.
• Meta Platforms recently reported a quarterly earnings per share of $7.14, surpassing analyst expectations, with revenue for the quarter reaching $47.52 billion, representing a 21.6% year-over-year increase.

Omnia Family Wealth LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,501 shares of the social networking company's stock after buying an additional 362 shares during the period. Meta Platforms comprises about 1.2% of Omnia Family Wealth LLC's holdings, making the stock its 16th largest position. Omnia Family Wealth LLC's holdings in Meta Platforms were worth $3,322,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in META. Brighton Jones LLC raised its stake in Meta Platforms by 1.7% in the 4th 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 stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. GAMMA Investing LLC raised its stake in Meta Platforms by 16.7% in the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company's stock valued at $23,453,000 after purchasing an additional 5,829 shares during the last quarter. 1776 Wealth LLC raised its stake in Meta Platforms by 137.2% in the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company's stock valued at $673,000 after purchasing an additional 675 shares during the last quarter. Finally, LifeSteps Financial Inc. raised its stake in Meta Platforms by 3.8% in the 1st quarter. LifeSteps Financial Inc. now owns 1,069 shares of the social networking company's stock valued at $616,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on META shares. Pivotal Research upped their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. DA Davidson upped their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Canaccord Genuity Group upped their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Needham & Company LLC raised shares of Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. Finally, KeyCorp upped their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $829.66.

Meta Platforms Stock Up 0.6%

NASDAQ META opened at $738.36 on Friday. The stock has a market cap of $1.85 trillion, a PE ratio of 26.73, a P/E/G ratio of 1.57 and a beta of 1.20. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The business has a 50 day moving average price of $742.11 and a two-hundred day moving average price of $691.34. 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 (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 for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was 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 approximately $1,394,225. This represents a 86.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,951,541 in the last 90 days. 13.61% of the stock is owned by 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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