Meta Platforms, Inc. $META Shares Bought by Panoramic Capital Partners LLC

Panoramic Capital Partners LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 24.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,296 shares of the social networking company’s stock after buying an additional 253 shares during the quarter. Meta Platforms accounts for 0.6% of Panoramic Capital Partners LLC’s investment portfolio, making the stock its 16th largest position. Panoramic Capital Partners LLC’s holdings in Meta Platforms were worth $932,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in META. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $33,000. Evergreen Private Wealth LLC increased its position in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the last quarter. Finally, JCIC Asset Management Inc. increased its position in shares of Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after purchasing an additional 40 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Down 0.4%

META stock opened at $713.08 on Wednesday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market capitalization of $1.79 trillion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a fifty day moving average of $753.44 and a 200-day moving average of $677.16.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter last year, the business earned $5.16 EPS. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the completion of the sale, the insider owned 29,832 shares in the company, valued at approximately $22,120,428. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $748.72, for a total transaction of $387,088.24. Following the completion of the sale, the chief operating officer owned 10,026 shares of the company’s stock, valued at $7,506,666.72. This trade represents a 4.90% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,146 shares of company stock worth $164,209,720. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on META. Raymond James Financial increased their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 31st. UBS Group increased their target price on shares of Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Wells Fargo & Company increased their target price on shares of Meta Platforms from $811.00 to $837.00 and gave the company an “overweight” rating in a research report on Tuesday. Canaccord Genuity Group increased their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Finally, Oppenheimer increased their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average target price of $830.61.

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.