Meta Platforms, Inc. $META Shares Purchased by Partners Capital Investment Group LLP

Key Points

• Partners Capital Investment Group LLP increased its stake in Meta Platforms, Inc. by 108.2% in Q1, bringing its total holdings to 19,235 shares worth approximately $11.1 million.
• Several analysts have raised their price targets for Meta, with Stifel Nicolaus setting a new target of $900.00, while the stock maintains an average rating of "Moderate Buy."
• Meta Platforms recently announced a quarterly dividend of $0.525 per share, with a reported dividend yield of 0.3%.

Partners Capital Investment Group LLP increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 108.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,235 shares of the social networking company's stock after purchasing an additional 9,998 shares during the quarter. Partners Capital Investment Group LLP's holdings in Meta Platforms were worth $11,087,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Valley Financial Group Inc. lifted its holdings in shares of Meta Platforms by 2.4% during the fourth quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after purchasing an additional 14 shares during the period. Lantern Wealth Advisors LLC raised its position in Meta Platforms by 0.5% in the fourth quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock worth $1,743,000 after acquiring an additional 14 shares in the last quarter. ABLE Financial Group LLC raised its position in Meta Platforms by 0.7% in the fourth quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock worth $1,251,000 after acquiring an additional 15 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its position in Meta Platforms by 1.2% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock worth $840,000 after acquiring an additional 17 shares in the last quarter. Finally, Orin Green Financial LLC raised its position in Meta Platforms by 2.2% in the fourth quarter. Orin Green Financial LLC now owns 795 shares of the social networking company's stock worth $465,000 after acquiring an additional 17 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

META has been the subject of several research analyst reports. Canaccord Genuity Group increased their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Hsbc Global Res upgraded Meta Platforms from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st. Robert W. Baird increased their price objective on Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Monness Crespi & Hardt increased their price objective on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and increased their price objective for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $822.41.

Insider Activity

In related news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $784.32, for a total transaction of $364,708.80. Following the completion of the sale, the director owned 8,877 shares in the company, valued at approximately $6,962,408.64. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 313,803 shares of company stock worth $235,276,424 in the last quarter. Corporate insiders own 13.61% of the company's stock.

Meta Platforms Price Performance

Shares of META stock traded down $0.8830 during mid-day trading on Monday, reaching $753.9070. The stock had a trading volume of 4,920,521 shares, compared to its average volume of 15,165,154. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a market cap of $1.89 trillion, a P/E ratio of 27.33, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. The business has a 50-day simple moving average of $730.31 and a 200 day simple moving average of $656.98. 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 posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS 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%.The firm's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Monday, June 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 16th. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

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.