Waller Financial Planning Group Inc. Reduces Stake in Meta Platforms, Inc. $META

Waller Financial Planning Group Inc. lowered its position in Meta Platforms, Inc. (NASDAQ:META) by 19.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 657 shares of the social networking company’s stock after selling 154 shares during the period. Waller Financial Planning Group Inc.’s holdings in Meta Platforms were worth $485,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Neville Rodie & Shaw Inc. boosted its position in Meta Platforms by 1.5% in the second quarter. Neville Rodie & Shaw Inc. now owns 27,483 shares of the social networking company’s stock valued at $20,286,000 after buying an additional 415 shares during the last quarter. Central Pacific Bank Trust Division boosted its position in Meta Platforms by 8.9% in the 2nd quarter. Central Pacific Bank Trust Division now owns 14,956 shares of the social networking company’s stock worth $11,039,000 after purchasing an additional 1,224 shares in the last quarter. Park National Corp OH boosted its position in Meta Platforms by 24.2% in the 2nd quarter. Park National Corp OH now owns 57,733 shares of the social networking company’s stock worth $42,612,000 after purchasing an additional 11,251 shares in the last quarter. Harbor Investment Advisory LLC boosted its position in Meta Platforms by 1.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 14,412 shares of the social networking company’s stock worth $10,638,000 after purchasing an additional 181 shares in the last quarter. Finally, First National Bank Sioux Falls boosted its position in Meta Platforms by 6.8% in the 2nd quarter. First National Bank Sioux Falls now owns 2,745 shares of the social networking company’s stock worth $2,026,000 after purchasing an additional 174 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.6%

Shares of NASDAQ:META opened at $755.59 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. 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 business’s 50 day moving average price is $741.83 and its 200-day moving average price is $661.92.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) 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 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 firm posted $5.16 EPS. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Royal Bank Of Canada upped their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” 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 stock an “overweight” rating in a research report on Thursday, July 31st. Barclays upped their price objective on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a research report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $822.41.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, 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 transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 283,280 shares of company stock worth $214,119,908. Corporate insiders own 13.61% of the company’s stock.

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.