Ethos Financial Group LLC Has $5.39 Million Stock Position in Meta Platforms, Inc. $META

Ethos Financial Group LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 22.2% during the 2nd quarter, Holdings Channel reports. The fund owned 7,302 shares of the social networking company’s stock after buying an additional 1,327 shares during the quarter. Ethos Financial Group LLC’s holdings in Meta Platforms were worth $5,389,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Meta Platforms by 0.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock worth $2,587,000 after acquiring an additional 13 shares in the last quarter. Pachira Investments Inc. lifted its holdings 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 purchasing an additional 14 shares in the last quarter. Hemington Wealth Management grew its position in shares of Meta Platforms by 0.6% in the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after purchasing an additional 14 shares during the period. Myecfo LLC increased its stake in Meta Platforms by 2.0% during the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after purchasing an additional 15 shares in the last quarter. Finally, Shelton Wealth Management LLC raised its holdings in Meta Platforms by 0.9% during the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after buying an additional 15 shares during the period. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on META shares. Wedbush reiterated an “outperform” rating and issued a $920.00 price target on shares of Meta Platforms in a report on Thursday, October 30th. Citigroup dropped their price target on Meta Platforms from $915.00 to $850.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Cantor Fitzgerald dropped their target price on Meta Platforms from $920.00 to $830.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Meta Platforms in a research note on Thursday. Finally, Stifel Nicolaus decreased their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Stock Performance

Shares of META opened at $609.46 on Monday. The company has a market cap of $1.54 trillion, a PE ratio of 26.92, a price-to-earnings-growth ratio of 1.35 and a beta of 1.20. The firm has a 50-day moving average of $713.72 and a 200-day moving average of $706.28. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last issued its earnings results 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 net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the business posted $6.03 EPS. Meta Platforms’s revenue 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 forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced 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 payout ratio is currently 9.28%.

Insider Buying and Selling at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total value of $398,156.04. Following the sale, the insider owned 30,870 shares in the company, valued at approximately $23,682,229.20. This represents a 1.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 13,359 shares of company stock worth $9,689,566. 13.61% of the stock is currently owned by insiders.

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.