RFG Advisory LLC Has $18.25 Million Holdings in Meta Platforms, Inc. $META

Key Points

• RFG Advisory LLC reduced its stake in Meta Platforms, Inc. by 2.0%, holding $18.25 million in assets as of the latest report, owning 24,723 shares after selling 492 shares.
• Meta Platforms reported $7.14 earnings per share for the last quarter, significantly exceeding analyst estimates of $5.75, with quarterly revenue reaching $47.52 billion.
• The company announced a quarterly dividend of $0.525 per share, reflecting a 0.3% dividend yield, with a low payout ratio of 7.60%.

RFG Advisory LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,723 shares of the social networking company's stock after selling 492 shares during the quarter. RFG Advisory LLC's holdings in Meta Platforms were worth $18,248,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms in the first quarter valued at about $28,000. Evergreen Private Wealth LLC grew its position in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock valued at $40,000 after acquiring an additional 38 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the first quarter valued at about $33,000. Maseco LLP bought a new position in Meta Platforms in the second quarter valued at about $54,000. Finally, JCIC Asset Management Inc. grew its position in Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after acquiring an additional 40 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $734.00 on Friday. The stock has a market cap of $1.84 trillion, a P/E ratio of 26.57, a price-to-earnings-growth ratio of 1.53 and a beta of 1.20. 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 stock's 50-day moving average is $743.05 and its 200-day moving average is $688.52. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

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 the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for 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 business's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Loop Capital reiterated a "buy" rating and issued a $980.00 target price (up previously from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Stifel Nicolaus lifted their target price on Meta Platforms from $845.00 to $900.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. lifted their target price on Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Canaccord Genuity Group lifted their target price on Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research report on Wednesday, July 16th. Finally, HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and lifted their target price for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $829.66.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 84,141 shares of the company's stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $769.38, for a total value of $12,192,364.86. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock valued at $164,951,541 in the last ninety days. Insiders own 13.61% of the company's stock.

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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