Robeco Institutional Asset Management B.V. Cuts Stake in Meta Platforms, Inc. $META

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,185,545 shares of the social networking company's stock after selling 92,150 shares during the quarter. Meta Platforms accounts for about 2.6% of Robeco Institutional Asset Management B.V.'s investment portfolio, making the stock its 5th biggest position. Robeco Institutional Asset Management B.V. owned 0.09% of Meta Platforms worth $1,613,129,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Csenge Advisory Group grew its stake in Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC grew its stake in Meta Platforms by 4.5% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after purchasing an additional 34 shares in the last quarter. JMG Financial Group Ltd. bought a new position in Meta Platforms in the first quarter worth approximately $284,000. Infusive Asset Management Inc. grew its stake in 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 worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC grew its stake in Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company's stock worth $3,011,000 after purchasing an additional 109 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on META shares. Bank of America increased their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Canaccord Genuity Group upped their target price on Meta Platforms from $825.00 to $850.00 and gave the stock a "buy" rating in a report on Wednesday, July 16th. Scotiabank upped their target price on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a report on Thursday, July 31st. Cantor Fitzgerald restated an "overweight" rating and set a $920.00 target price on shares of Meta Platforms in a report on Wednesday, September 17th. Finally, HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and upped their target price for the stock from $610.00 to $900.00 in a report 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 assigned a Hold rating to the stock. According to MarketBeat, Meta Platforms has a consensus rating of "Moderate Buy" and an average target price of $830.61.

Meta Platforms Stock Performance

Shares of META opened at $717.84 on Thursday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a fifty day moving average price of $753.89 and a 200-day moving average price of $677.44. 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 market cap of $1.80 trillion, a PE ratio of 25.99, a P/E/G ratio of 1.49 and a beta of 1.20.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the business posted $5.16 EPS. The business's revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Transactions at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction on Monday, August 18th. The stock was 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction 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 completion of the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 213,663 shares of company stock worth $164,574,107. 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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