Radnor Capital Management LLC Trims Stock Position in Meta Platforms, Inc. $META

Radnor Capital Management LLC cut its holdings in Meta Platforms, Inc. (NASDAQ:META) by 5.6% during the second quarter, HoldingsChannel reports. The fund owned 1,530 shares of the social networking company’s stock after selling 90 shares during the period. Radnor Capital Management LLC’s holdings in Meta Platforms were worth $1,129,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Inlight Wealth Management LLC acquired a new position in Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Meta Platforms in the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter worth approximately $33,000. JCIC Asset Management Inc. raised its position in Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after purchasing an additional 40 shares during the period. Finally, Principia Wealth Advisory LLC lifted its stake in Meta Platforms by 53.6% during the first quarter. Principia Wealth Advisory LLC now owns 86 shares of the social networking company’s stock worth $50,000 after purchasing an additional 30 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Bank of America lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Robert W. Baird increased their price target on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Citizens Jmp raised their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. DA Davidson upped their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Monness Crespi & Hardt raised their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Three 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $826.05.

Meta Platforms Trading Up 0.6%

NASDAQ:META opened at $780.25 on Friday. The company has a market capitalization of $1.96 trillion, a PE ratio of 28.25, a P/E/G ratio of 1.60 and a beta of 1.24. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock’s 50 day moving average price is $745.84 and its 200 day moving average price is $664.98. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

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

Meta Platforms Dividend Announcement

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

Insider Buying and Selling at Meta Platforms

In related news, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. The trade was a 20.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the company’s 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 approximately $64,343,464.11. This 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 have sold 257,922 shares of company stock worth $196,412,792. 13.61% of the stock is owned by company insiders.

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.