Meta Platforms, Inc. $META Shares Bought by Brookwood Investment Group LLC

Brookwood Investment Group LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,428 shares of the social networking company’s stock after purchasing an additional 1,006 shares during the period. Meta Platforms comprises 2.1% of Brookwood Investment Group LLC’s holdings, making the stock its 9th biggest holding. Brookwood Investment Group LLC’s holdings in Meta Platforms were worth $12,863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Pachira Investments Inc. lifted its position in shares of Meta Platforms by 3.0% during the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the last quarter. Hemington Wealth Management raised its position in shares of Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after purchasing an additional 14 shares during the period. Myecfo LLC raised its position in shares of Meta Platforms by 2.0% during the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after purchasing an additional 15 shares during the period. Shelton Wealth Management LLC boosted its position in shares of Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after purchasing an additional 15 shares during the period. Finally, Kooman & Associates boosted its position in shares of Meta Platforms by 2.8% in the 2nd quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock valued at $402,000 after purchasing an additional 15 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In related news, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $787.06, for a total value of $12,472,539.82. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $402,225.00. Following the sale, the insider directly owned 32,946 shares of the company’s stock, valued at $25,533,150. The trade was a 1.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 75,798 shares of company stock worth $58,347,026 in the last 90 days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

META stock opened at $618.94 on Friday. The firm has a 50 day moving average of $728.56 and a two-hundred day moving average of $700.16. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 27.34, a P/E/G ratio of 1.41 and a beta of 1.20. 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 (NASDAQ:META) last released its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter last year, the firm earned $6.03 EPS. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. 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 is 9.28%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Loop Capital reaffirmed a “buy” rating and set a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Barclays decreased their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. UBS Group boosted their target price on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Wells Fargo & Company reduced their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $827.60.

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.