W.H. Cornerstone Investments Inc. Has $771,000 Stock Holdings in Meta Platforms, Inc. $META

W.H. Cornerstone Investments Inc. grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 10.5% during the 2nd quarter, Holdings Channel reports. The firm owned 1,045 shares of the social networking company’s stock after purchasing an additional 99 shares during the period. W.H. Cornerstone Investments Inc.’s holdings in Meta Platforms were worth $771,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Infusive Asset Management Inc. increased its stake in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the last quarter. Spirepoint Private Client LLC lifted its position in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after acquiring an additional 109 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Meta Platforms by 11.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock valued at $155,387,000 after purchasing an additional 20,912 shares during the period. Stephens Inc. AR increased its position in Meta Platforms by 5.6% during the second quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after acquiring an additional 4,473 shares during the period. Finally, Motiv8 Investments LLC grew its position in Meta Platforms by 11.5% during the second quarter. Motiv8 Investments LLC now owns 2,080 shares of the social networking company’s stock worth $1,535,000 after buying an additional 214 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.9%

Shares of META stock opened at $594.25 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 26.25, a PEG ratio of 1.24 and a beta of 1.20. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company’s fifty day simple moving average is $697.66 and its two-hundred day simple moving average is $706.43.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the previous year, the business earned $6.03 earnings per share. The firm’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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 of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio is 9.28%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald decreased their price target on Meta Platforms from $830.00 to $720.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Royal Bank Of Canada dropped their price target on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a research note on Thursday, October 30th. DA Davidson set a $825.00 price target on Meta Platforms in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Meta Platforms in a report on Thursday, November 13th. Three research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $825.05.

Insider Transactions at Meta Platforms

In related news, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction dated Saturday, November 15th. The stock was sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the transaction, the chief financial officer owned 88,370 shares in the company, valued at $53,857,980.20. The trade was a 7.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 2,610 shares of the firm’s stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the completion of the sale, the chief operating officer directly owned 9,784 shares of the company’s stock, valued at $5,962,956.64. The trade was a 21.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 41,442 shares of company stock valued at $26,515,931. 13.61% of the stock is currently owned by corporate insiders.

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.