QTR Family Wealth LLC Raises Stock Holdings in Meta Platforms, Inc. $META

Key Points

• QTR Family Wealth LLC increased its stake in Meta Platforms, Inc. by 33.1%, owning 2,989 shares valued at approximately $2.2 million as of the latest SEC filing.
• Meta reported earnings of $7.14 EPS for the quarter, surpassing expectations and reflecting a 21.6% increase in revenue compared to the previous year.
• The company recently announced a quarterly dividend of $0.525 per share, resulting in an annualized yield of 0.3%.

QTR Family Wealth LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 33.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,989 shares of the social networking company's stock after purchasing an additional 743 shares during the period. Meta Platforms comprises 1.4% of QTR Family Wealth LLC's portfolio, making the stock its 19th largest position. QTR Family Wealth LLC's holdings in Meta Platforms were worth $2,206,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock worth $44,119,937,000 after buying an additional 59,766,000 shares during the last quarter. Nuveen LLC bought a new position in Meta Platforms during the 1st quarter worth approximately $2,990,544,000. Assenagon Asset Management S.A. lifted its holdings in Meta Platforms by 712.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock worth $1,462,589,000 after buying an additional 2,225,186 shares during the last quarter. Amundi lifted its holdings in Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company's stock worth $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Down 0.4%

META opened at $713.08 on Wednesday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The stock has a market cap of $1.79 trillion, a P/E ratio of 25.82, a P/E/G ratio of 1.49 and a beta of 1.20. The stock's 50 day moving average price is $753.44 and its 200 day moving average price is $677.16.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $44.55 billion. During the same period last year, the firm earned $5.16 EPS. The firm's revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

META has been the topic of a number of research analyst reports. Monness Crespi & Hardt increased their target price on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" 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 stock a "buy" rating in a report on Thursday, July 31st. Raymond James Financial increased their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 31st. TD Cowen increased their price target on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Robert W. Baird increased their price target on Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $830.61.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value 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. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 213,146 shares of company stock valued at $164,209,720. 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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