Revisor Wealth Management LLC Buys 705 Shares of Meta Platforms, Inc. $META

Key Points

• Revisor Wealth Management LLC increased its stake in Meta Platforms by 26% in the second quarter, acquiring an additional 705 shares, bringing its total to 3,416 shares valued at $2.48 million.
• Meta Platforms reported impressive quarterly earnings, with $7.14 earnings per share, exceeding analysts' expectations of $5.75, and revenues of $47.52 billion, up 21.6% year-over-year.
• The company announced a quarterly dividend of $0.525 per share, to be paid on September 29th, which reflects a 0.3% yield and a payout ratio of 7.60%.

Revisor Wealth Management LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 26.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,416 shares of the social networking company's stock after purchasing an additional 705 shares during the period. Meta Platforms accounts for approximately 0.9% of Revisor Wealth Management LLC's holdings, making the stock its 23rd biggest position. Revisor Wealth Management LLC's holdings in Meta Platforms were worth $2,484,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Csenge Advisory Group grew its holdings in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock valued at $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC grew its holdings in shares of Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock valued at $452,000 after purchasing an additional 34 shares in the last quarter. JMG Financial Group Ltd. purchased a new position in shares of Meta Platforms in the first quarter valued at $284,000. Infusive Asset Management Inc. grew its holdings in shares of Meta Platforms by 10.7% in the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company's stock valued at $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Aspire Growth Partners LLC grew its holdings in shares of Meta Platforms by 7.3% in the first quarter. Aspire Growth Partners LLC now owns 662 shares of the social networking company's stock valued at $395,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Down 0.7%

Shares of META opened at $743.75 on Friday. The firm has a market capitalization of $1.87 trillion, a P/E ratio of 26.93, a P/E/G ratio of 1.56 and a beta of 1.24. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average price of $751.74 and a 200-day moving average price of $670.49.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business's revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms's payout ratio is currently 7.60%.

Analyst Ratings Changes

META has been the subject of a number of recent research reports. UBS Group raised their target price on shares of Meta Platforms from $812.00 to $897.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Oppenheimer raised their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. KeyCorp raised their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Piper Sandler lifted their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Monness Crespi & Hardt lifted their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Three 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's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $826.05.

Insider Activity

In other news, COO Javier Olivan sold 517 shares of the business's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $781.33, for a total transaction of $403,947.61. Following the completion of the sale, the chief operating officer directly owned 10,543 shares of the company's stock, valued at approximately $8,237,562.19. The trade was a 4.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer Newstead sold 519 shares of the business's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $769.20, for a total transaction of $399,214.80. Following the sale, the insider directly owned 30,351 shares of the company's stock, valued at $23,345,989.20. This represents a 1.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 230,336 shares of company stock valued at $176,625,049. 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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