WealthPLAN Partners LLC Has $4.57 Million Stock Holdings in Meta Platforms, Inc. $META

Key Points

• WealthPLAN Partners LLC has reduced its stake in Meta Platforms, Inc. by 12.4%, now holding shares worth approximately $4.57 million following the sale of 878 shares.
• Meta Platforms recently announced a quarterly dividend of $0.525 per share, representing an annualized dividend of $2.10 and a dividend yield of 0.3%.
• The company reported Q2 earnings exceeding expectations with an EPS of $7.14 compared to forecasts of $5.75, alongside a revenue of $47.52 billion, which was 21.6% higher year-over-year.

WealthPLAN Partners LLC decreased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 12.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,189 shares of the social networking company's stock after selling 878 shares during the period. WealthPLAN Partners LLC's holdings in Meta Platforms were worth $4,568,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Pachira Investments Inc. increased its stake in shares of Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock valued at $360,000 after buying an additional 14 shares during the period. Hemington Wealth Management increased its stake in shares of Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock valued at $1,641,000 after buying an additional 14 shares during the period. Myecfo LLC increased its stake in shares of Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company's stock valued at $573,000 after buying an additional 15 shares during the period. Shelton Wealth Management LLC boosted its position in shares of Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company's stock valued at $1,302,000 after purchasing an additional 15 shares in the last quarter. Finally, Kooman & Associates boosted its position in shares of Meta Platforms by 2.8% during the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company's stock valued at $402,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Up 0.6%

META stock opened at $738.36 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. 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 stock's 50 day moving average is $742.11 and its 200-day moving average is $691.34. The firm has a market capitalization of $1.85 trillion, a PE ratio of 26.73, a P/E/G ratio of 1.57 and a beta of 1.20.

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

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued 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, September 22nd. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

Analyst Ratings Changes

Several brokerages recently commented on META. Robert W. Baird upped their target price on Meta Platforms from $635.00 to $740.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Wells Fargo & Company upped their target price on Meta Platforms from $811.00 to $837.00 and gave the company an "overweight" rating in a research report on Tuesday, October 7th. Mizuho set a $925.00 target price on Meta Platforms and gave the company an "outperform" rating in a research report on Monday, September 29th. Weiss Ratings restated a "buy (b)" rating on shares of Meta Platforms in a research report on Saturday. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $829.66.

Insider Buying and Selling

In related news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the sale, the insider directly owned 237,205 shares of the company's stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,951,541 over the last three months. Company insiders own 13.61% of the company's stock.

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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