Venturi Wealth Management LLC Boosts Position in Meta Platforms, Inc. $META

Key Points

• Venturi Wealth Management LLC increased its stake in Meta Platforms by 6.5%, owning a total of 44,975 shares valued at approximately $33.2 million as of the last quarter.
• Meta Platforms reported a $7.14 EPS for the last quarter, surpassing expectations and indicating a year-over-year revenue increase of 21.6%.
• The company declared a quarterly dividend of $0.525 per share, resulting in an annualized yield of 0.3% and a payout ratio of 7.60%.

Venturi Wealth Management LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,975 shares of the social networking company's stock after purchasing an additional 2,755 shares during the quarter. Meta Platforms makes up 1.6% of Venturi Wealth Management LLC's portfolio, making the stock its 14th biggest holding. Venturi Wealth Management LLC's holdings in Meta Platforms were worth $33,195,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its position in Meta Platforms by 608,429.2% during 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 in the last quarter. Invesco Ltd. boosted its position in Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock worth $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Meta Platforms by 4.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company's stock valued at $7,229,553,000 after acquiring an additional 536,160 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Meta Platforms by 2.5% in the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock valued at $5,787,329,000 after acquiring an additional 247,850 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

NASDAQ META opened at $717.55 on Thursday. The business's 50-day moving average price is $748.80 and its 200 day moving average price is $681.19. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a market capitalization of $1.80 trillion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.48 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.

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

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid 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%.

Insiders Place Their Bets

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of the company's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the sale, the director directly owned 8,412 shares in the company, valued at $6,371,837.64. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the company's stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total value of $372,112.62. Following the sale, the insider owned 29,313 shares of the company's stock, valued at $21,016,834.74. This represents a 1.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 213,198 shares of company stock worth $164,232,558 over the last three months. 13.61% of the stock is owned by insiders.

Analyst Ratings Changes

META has been the topic of several recent research reports. Weiss Ratings restated a "buy (b)" rating on shares of Meta Platforms in a research report on Wednesday, October 8th. Roth Capital upped their price objective on Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Pivotal Research upped their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price objective on Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada upped their price objective on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $830.68.

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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