Cornerstone Investment Partners LLC Decreases Stock Holdings in Meta Platforms, Inc. $META

Cornerstone Investment Partners LLC lessened its stake in Meta Platforms, Inc. (NASDAQ:META) by 0.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 176,997 shares of the social networking company’s stock after selling 919 shares during the period. Meta Platforms comprises 5.8% of Cornerstone Investment Partners LLC’s investment portfolio, making the stock its 2nd biggest position. Cornerstone Investment Partners LLC’s holdings in Meta Platforms were worth $130,640,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the period. 1776 Wealth LLC raised its stake in shares of Meta Platforms by 137.2% during the first quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock worth $673,000 after buying an additional 675 shares during the last quarter. Smart Money Group LLC raised its stake in shares of Meta Platforms by 20.4% during the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock worth $1,182,000 after buying an additional 348 shares during the last quarter. Finally, Woodward Diversified Capital LLC lifted its holdings in Meta Platforms by 5.5% in the first quarter. Woodward Diversified Capital LLC now owns 3,371 shares of the social networking company’s stock valued at $1,943,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 516 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $631.00, for a total value of $325,596.00. Following the sale, the insider directly owned 26,721 shares of the company’s stock, valued at approximately $16,860,951. The trade was a 1.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $604.23, for a total transaction of $312,386.91. Following the completion of the transaction, the chief operating officer directly owned 15,302 shares of the company’s stock, valued at approximately $9,245,927.46. The trade was a 3.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 28,424 shares of company stock valued at $18,868,377. Insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on META shares. Guggenheim reaffirmed a “buy” rating and set a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Meta Platforms in a report on Thursday, November 13th. Finally, Wedbush restated an “outperform” rating and set a $920.00 target price on shares of Meta Platforms in a research report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Stock Down 0.7%

Shares of Meta Platforms stock opened at $597.69 on Wednesday. The company has a market capitalization of $1.51 trillion, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 1.34 and a beta of 1.20. 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 business has a 50-day moving average of $707.36 and a two-hundred day moving average of $706.50. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $49.34 billion. During the same period in the previous year, the firm earned $6.03 EPS. Meta Platforms’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 9.28%.

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.