Swedbank AB Has $2.55 Billion Holdings in Meta Platforms, Inc. $META

Key Points

• Swedbank AB increased its stake in Meta Platforms, now holding 3.45 million shares valued at approximately $2.55 billion, making it the firm's 6th biggest holding.
• Meta reported a strong quarterly earnings performance with $7.14 EPS, exceeding expectations and a revenue of $47.52 billion, reflecting a 21.6% year-over-year growth.
• The company announced a quarterly dividend of $0.525 per share, with a dividend yield of 0.3%, to be paid on September 29th.

Swedbank AB increased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,448,389 shares of the social networking company's stock after acquiring an additional 21,660 shares during the period. Meta Platforms comprises about 2.9% of Swedbank AB's investment portfolio, making the stock its 6th biggest holding. Swedbank AB owned 0.14% of Meta Platforms worth $2,545,221,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Inlight Wealth Management LLC bought a new stake in Meta Platforms during the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in Meta Platforms during the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Meta Platforms during the first quarter valued at about $33,000. JCIC Asset Management Inc. grew its holdings in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after purchasing an additional 40 shares during the period. Finally, Principia Wealth Advisory LLC grew its holdings in Meta Platforms by 53.6% during the first quarter. Principia Wealth Advisory LLC now owns 86 shares of the social networking company's stock valued at $50,000 after purchasing an additional 30 shares during the period. Institutional investors own 79.91% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. UBS Group upped their price objective on Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Citizens Jmp upped their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $920.00 price objective on shares of Meta Platforms in a research note on Wednesday. Finally, Raymond James Financial upped their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $826.05.

Meta Platforms Stock Down 0.2%

Shares of NASDAQ:META opened at $778.38 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock has a market cap of $1.96 trillion, a P/E ratio of 28.18, a price-to-earnings-growth ratio of 1.63 and a beta of 1.24. The business's 50 day moving average is $747.06 and its 200 day moving average is $665.93. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The business 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 revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter last year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Insider Activity

In related news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $391,611.99. Following the completion of the transaction, the chief operating officer owned 11,060 shares in the company, valued at $8,377,618.20. This trade represents a 4.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total value of $398,156.04. Following the completion of the transaction, the insider owned 30,870 shares of the company's stock, valued at $23,682,229.20. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 257,922 shares of company stock worth $196,412,792. Insiders own 13.61% of the company's stock.

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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