Meta Platforms, Inc. $META is RB Capital Management LLC’s 10th Largest Position

RB Capital Management LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 15,102 shares of the social networking company’s stock after buying an additional 228 shares during the quarter. Meta Platforms makes up about 2.0% of RB Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. RB Capital Management LLC’s holdings in Meta Platforms were worth $8,704,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Csenge Advisory Group raised its position in shares of Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares in the last quarter. Suvretta Capital Management LLC increased its holdings in shares of Meta Platforms by 1.1% in the 4th quarter. Suvretta Capital Management LLC now owns 170,338 shares of the social networking company’s stock worth $99,735,000 after purchasing an additional 1,850 shares in the last quarter. Skye Global Management LP increased its holdings in shares of Meta Platforms by 130.9% in the 4th quarter. Skye Global Management LP now owns 76,200 shares of the social networking company’s stock worth $44,616,000 after purchasing an additional 43,200 shares in the last quarter. ARQ Wealth Advisors LLC increased its holdings in shares of Meta Platforms by 4.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after purchasing an additional 34 shares in the last quarter. Finally, JMG Financial Group Ltd. purchased a new stake in Meta Platforms during the first quarter valued at $284,000. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction 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 $64,343,464.11. This represents a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $400,675.00. Following the completion of the sale, the chief operating officer directly owned 13,128 shares in the company, valued at $10,174,200. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 312,767 shares of company stock worth $234,618,139. Company insiders own 13.61% of the company’s stock.

Meta Platforms Trading Up 0.1%

META opened at $754.10 on Wednesday. The stock’s fifty day moving average is $732.47 and its two-hundred day moving average is $657.92. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.30, a PEG ratio of 1.56 and a beta of 1.27. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. 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 announced 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 return on equity of 39.33% and a net margin of 39.99%.The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same period last year, the business posted $5.16 EPS. The business’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts forecast 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 Thursday, June 26th. Stockholders of record on Monday, June 16th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms’s dividend payout ratio is 7.60%.

Analysts Set New Price Targets

A number of analysts recently commented on META shares. Needham & Company LLC upgraded Meta Platforms from an “underperform” rating to a “hold” rating in a research report on Thursday, July 3rd. Rosenblatt Securities increased their target price on Meta Platforms from $846.00 to $918.00 and gave the stock a “buy” rating in a research report on Thursday, May 1st. Wedbush increased their price target on Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. BMO Capital Markets increased their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $920.00 price objective on shares of Meta Platforms in a research note on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $822.41.

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.