PDS Planning Inc Acquires 958 Shares of Meta Platforms, Inc. $META

Key Points

• PDS Planning Inc has increased its stake in Meta Platforms, Inc. by 8.6%, now holding 12,050 shares valued at $8,894,000.
• Meta Platforms' recent quarterly earnings exceeded analysts' expectations, reporting $7.14 EPS against a consensus estimate of $5.75 and revenue of $47.52 billion.
• The company declared a quarterly dividend of $0.525, translating to an annual yield of 0.3%.

PDS Planning Inc raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,050 shares of the social networking company's stock after purchasing an additional 958 shares during the period. Meta Platforms makes up about 0.7% of PDS Planning Inc's portfolio, making the stock its 29th largest holding. PDS Planning Inc's holdings in Meta Platforms were worth $8,894,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Pachira Investments Inc. boosted its holdings in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock valued at $360,000 after purchasing an additional 14 shares during the period. Shelton Wealth Management LLC boosted its position in shares of Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company's stock worth $1,302,000 after acquiring an additional 15 shares in the last quarter. Myecfo LLC boosted its position in shares of Meta Platforms by 2.0% during the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company's stock worth $573,000 after acquiring an additional 15 shares in the last quarter. Kooman & Associates boosted its position in shares of Meta Platforms by 2.8% during the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company's stock worth $402,000 after acquiring an additional 15 shares in the last quarter. Finally, Nabity Jensen Investment Management Inc boosted its position in shares of Meta Platforms by 1.1% during the 2nd quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company's stock worth $1,017,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Up 0.7%

META opened at $716.91 on Monday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average of $746.75 and a 200-day moving average of $684.78. The stock has a market cap of $1.80 trillion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results 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 business 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 business's quarterly revenue was up 21.6% on a year-over-year basis. During the same period last year, the company posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling at Meta Platforms

In other news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer directly 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 213,665 shares of company stock worth $164,568,109 over the last three months. Company insiders own 13.61% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on META. Wells Fargo & Company increased their price target on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 7th. Hsbc Global Res upgraded shares of 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 target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. UBS Group increased their price target on shares of Meta Platforms from $897.00 to $900.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Finally, Royal Bank Of Canada increased their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $830.68.

About Meta Platforms

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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