MBL Wealth LLC Increases Stock Position in Meta Platforms, Inc. $META

MBL Wealth LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 2.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 7,776 shares of the social networking company’s stock after purchasing an additional 190 shares during the period. MBL Wealth LLC’s holdings in Meta Platforms were worth $5,739,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Capital City Trust Co. FL raised its stake in shares of Meta Platforms by 0.9% during the 2nd quarter. Capital City Trust Co. FL now owns 6,915 shares of the social networking company’s stock worth $5,104,000 after acquiring an additional 64 shares in the last quarter. Sutton Place Investors LLC raised its stake in shares of Meta Platforms by 16.2% during the 2nd quarter. Sutton Place Investors LLC now owns 2,037 shares of the social networking company’s stock worth $1,503,000 after acquiring an additional 284 shares in the last quarter. Realta Investment Advisors raised its stake in shares of Meta Platforms by 4.6% during the 2nd quarter. Realta Investment Advisors now owns 4,942 shares of the social networking company’s stock worth $3,648,000 after acquiring an additional 216 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Meta Platforms by 7.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 14,898 shares of the social networking company’s stock worth $10,996,000 after acquiring an additional 1,001 shares in the last quarter. Finally, Berger Financial Group Inc raised its stake in shares of Meta Platforms by 2.7% during the 2nd quarter. Berger Financial Group Inc now owns 5,137 shares of the social networking company’s stock worth $3,792,000 after acquiring an additional 137 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on META. JPMorgan Chase & Co. boosted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Wells Fargo & Company boosted their price objective on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Oppenheimer boosted their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Roth Capital boosted their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Finally, TD Cowen boosted their price objective on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $830.68.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total value of $372,112.62. Following the sale, the insider owned 29,313 shares in the company, valued at $21,016,834.74. This represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $757.47, for a total transaction of $352,223.55. Following the completion of the sale, the director owned 8,412 shares in the company, valued at $6,371,837.64. The trade was a 5.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 213,665 shares of company stock worth $164,575,272 over the last 90 days. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Down 3.8%

Shares of Meta Platforms stock opened at $705.30 on Monday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20. The firm’s 50 day simple moving average is $752.20 and its two-hundred day simple moving average is $679.78.

Meta Platforms (NASDAQ:META) last issued its quarterly 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 net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the business posted $5.16 EPS. Meta Platforms’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts predict 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 was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 7.60%.

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.