Triad Wealth Partners LLC Has $3.36 Million Stake in Meta Platforms, Inc. $META

Key Points

• Triad Wealth Partners LLC increased its stake in Meta Platforms, Inc. by 13.2% in Q2, bringing its total holdings to $3.36 million.
• Meta reported $7.14 earnings per share for Q2, significantly beating estimates and generating revenue of $47.52 billion, a 21.6% increase year-over-year.
• Meta announced a quarterly dividend of $0.525 per share, translating to an annualized yield of 0.3%, with a payout ratio of 7.60%.

Triad Wealth Partners LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,556 shares of the social networking company's stock after purchasing an additional 532 shares during the period. Triad Wealth Partners LLC's holdings in Meta Platforms were worth $3,363,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its stake in shares of Meta Platforms by 608,429.2% in the second 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 purchasing an additional 59,766,000 shares during the last quarter. Nuveen LLC bought a new position in shares of Meta Platforms during the 1st quarter worth about $2,990,544,000. Assenagon Asset Management S.A. raised its holdings in shares of Meta Platforms by 712.2% in 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 acquiring an additional 2,225,186 shares during the last quarter. Amundi raised its holdings in shares of Meta Platforms by 23.5% in the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company's stock worth $4,111,050,000 after acquiring an additional 1,470,070 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Meta Platforms by 8.8% in 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 acquiring an additional 1,255,546 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $757.47, for a total value of $352,223.55. Following the transaction, the director owned 8,412 shares in the company, valued at approximately $6,371,837.64. The trade was a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the business's stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total transaction of $372,112.62. Following the completion of the transaction, the insider owned 29,313 shares in the company, valued at $21,016,834.74. The trade was a 1.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold 214,182 shares of company stock worth $164,946,219 in the last ninety days. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Up 2.2%

META opened at $733.51 on Friday. 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 business's 50-day moving average price is $753.09 and its 200-day moving average price is $678.22. The company has a market cap of $1.84 trillion, a P/E ratio of 26.56, a P/E/G ratio of 1.50 and a beta of 1.20.

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 for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during 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%.Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on META. Monness Crespi & Hardt increased their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Guggenheim reissued a "buy" rating and set a $800.00 target price (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. KeyCorp raised their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Pivotal Research raised their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Zacks Research downgraded shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $830.68.

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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