Davis R M Inc. Increases Stock Holdings in Meta Platforms, Inc. $META

Davis R M Inc. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 123,211 shares of the social networking company’s stock after purchasing an additional 799 shares during the period. Meta Platforms makes up 1.7% of Davis R M Inc.’s holdings, making the stock its 17th largest holding. Davis R M Inc.’s holdings in Meta Platforms were worth $90,940,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of META. Kingstone Capital Partners Texas LLC raised its position in shares of Meta Platforms by 608,429.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares in the last quarter. Nuveen LLC bought a new position in Meta Platforms in the 1st quarter worth about $2,990,544,000. Amundi raised its holdings in shares of Meta Platforms by 23.5% in the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after acquiring an additional 1,470,070 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after acquiring an additional 1,255,546 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Meta Platforms during the 1st quarter valued at about $571,086,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

Meta Platforms stock opened at $589.22 on Friday. The firm has a fifty day simple moving average of $700.89 and a two-hundred day simple moving average of $704.88. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a market capitalization of $1.49 trillion, a PE ratio of 26.03, a P/E/G ratio of 1.24 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same period last year, the firm earned $6.03 earnings per share. The company’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Piper Sandler decreased their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. JMP Securities increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Rosenblatt Securities raised their price objective on shares of Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Wells Fargo & Company cut their target price on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their price target on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $825.05.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $307,040.40. Following the completion of the sale, the insider owned 34,631 shares of the company’s stock, valued at approximately $20,487,699.60. This represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 600 shares of Meta Platforms stock in a transaction on Monday, November 17th. The stock was sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the transaction, the director directly owned 7,347 shares in the company, valued at approximately $4,476,894.45. The trade was a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 41,959 shares of company stock valued at $26,906,323. Insiders own 13.61% of the company’s stock.

Meta Platforms 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.