Wealth Preservation Advisors LLC Takes Position in Meta Platforms, Inc. $META

Key Points

• Wealth Preservation Advisors LLC acquired a new stake in Meta Platforms, purchasing 1,866 shares valued at approximately $1,075,000, which now represents 0.8% of their portfolio.
• Numerous institutional investors have increased their holdings in Meta, including B. Metzler seel. Sohn & Co. AG, which boosted its stake by 86% to own 349,695 shares worth $201.5 million.
• Wall Street analysts are optimistic about Meta's stock, with price target increases from firms like Barclays and HSBC, leading to a consensus rating of "Moderate Buy" and a target price of $822.41.

Wealth Preservation Advisors LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,866 shares of the social networking company's stock, valued at approximately $1,075,000. Meta Platforms comprises about 0.8% of Wealth Preservation Advisors LLC's portfolio, making the stock its 20th largest position.

Several other large investors have also made changes to their positions in the business. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Meta Platforms by 86.0% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 349,695 shares of the social networking company's stock valued at $201,549,000 after acquiring an additional 161,659 shares during the last quarter. Triad Wealth Partners LLC boosted its holdings in Meta Platforms by 16.9% during the first quarter. Triad Wealth Partners LLC now owns 4,024 shares of the social networking company's stock worth $2,319,000 after buying an additional 581 shares in the last quarter. Silvant Capital Management LLC boosted its holdings in Meta Platforms by 8.4% during the first quarter. Silvant Capital Management LLC now owns 164,841 shares of the social networking company's stock worth $95,008,000 after buying an additional 12,824 shares in the last quarter. RB Capital Management LLC boosted its holdings in Meta Platforms by 1.5% during the first quarter. RB Capital Management LLC now owns 15,102 shares of the social networking company's stock worth $8,704,000 after buying an additional 228 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its holdings in Meta Platforms by 17.0% during the first quarter. CreativeOne Wealth LLC now owns 35,097 shares of the social networking company's stock worth $20,228,000 after buying an additional 5,093 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $400,675.00. Following the completion of the sale, the chief operating officer directly owned 13,128 shares in the company, valued at $10,174,200. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 312,767 shares of company stock valued at $234,618,139. Corporate insiders own 13.61% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Barclays increased their price target on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. HSBC raised shares of Meta Platforms from a "hold" rating to a "buy" rating and increased their price target for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. JMP Securities increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a report on Thursday, July 31st. Monness Crespi & Hardt increased their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, UBS Group increased their price target on shares of Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Three 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 company's stock. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Stock Performance

META opened at $754.10 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.30, a PEG ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm's fifty day simple moving average is $732.47 and its two-hundred day simple moving average is $657.92.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's revenue was up 21.6% compared to the same quarter last year. During the same period last year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were given 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 was Monday, June 16th. Meta Platforms's dividend payout ratio is 7.60%.

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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