Guinness Asset Management LTD Has $43.53 Million Stake in Meta Platforms, Inc. $META

Guinness Asset Management LTD grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 5.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,532 shares of the social networking company’s stock after buying an additional 3,787 shares during the period. Meta Platforms accounts for about 0.8% of Guinness Asset Management LTD’s portfolio, making the stock its 27th biggest holding. Guinness Asset Management LTD’s holdings in Meta Platforms were worth $43,533,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Lantern Wealth Advisors LLC lifted its position in shares of Meta Platforms by 0.5% in the fourth quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company’s stock valued at $1,743,000 after buying an additional 14 shares during the last quarter. ABLE Financial Group LLC lifted its position in shares of Meta Platforms by 0.7% in the fourth quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company’s stock valued at $1,251,000 after buying an additional 15 shares during the last quarter. Cedar Point Capital Partners LLC lifted its position in shares of Meta Platforms by 2.2% in the first quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock valued at $433,000 after buying an additional 16 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its position in shares of Meta Platforms by 1.2% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company’s stock valued at $840,000 after buying an additional 17 shares during the last quarter. Finally, Orin Green Financial LLC lifted its position in shares of Meta Platforms by 2.2% in the fourth quarter. Orin Green Financial LLC now owns 795 shares of the social networking company’s stock valued at $465,000 after buying an additional 17 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction on Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 283,280 shares of company stock worth $214,119,908 in the last 90 days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $750.90 on Friday. The stock’s fifty day moving average price is $741.05 and its two-hundred day moving average price is $661.24. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market cap of $1.89 trillion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping 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 firm 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 EPS. The company’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. JMP Securities lifted their price target on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Benchmark lifted their price target on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Canaccord Genuity Group lifted their price target on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. KeyCorp lifted their price target on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Finally, Scotiabank lifted their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

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.