Evelyn Partners Investment Management LLP Raises Stock Holdings in Meta Platforms, Inc. $META

Evelyn Partners Investment Management LLP grew its position in Meta Platforms, Inc. (NASDAQ:META) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,472 shares of the social networking company’s stock after acquiring an additional 1,240 shares during the quarter. Meta Platforms comprises approximately 2.0% of Evelyn Partners Investment Management LLP’s portfolio, making the stock its 12th biggest position. Evelyn Partners Investment Management LLP’s holdings in Meta Platforms were worth $45,372,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its stake in 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 valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Nuveen LLC purchased a new position in shares of Meta Platforms during the first quarter worth about $2,990,544,000. Vanguard Group Inc. increased its position in Meta Platforms by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after acquiring an additional 1,532,568 shares during the period. Amundi raised its stake in Meta Platforms by 23.5% during 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 during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after acquiring an additional 1,255,546 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Trading Down 1.1%

Shares of META opened at $640.87 on Tuesday. The firm’s 50-day moving average is $680.90 and its two-hundred day moving average is $706.54. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.62 trillion, a P/E ratio of 28.31, a PEG ratio of 1.36 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Insiders Place Their Bets

In related news, Director Robert M. Kimmitt sold 600 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $609.35, for a total value of $365,610.00. Following the sale, the director directly owned 7,347 shares in the company, valued at $4,476,894.45. The trade was a 7.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the completion of the sale, the chief accounting officer directly owned 6,035 shares in the company, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 40,923 shares of company stock valued at $26,007,416. Company insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Raymond James Financial restated a “strong-buy” rating and set a $825.00 price target (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Wedbush restated an “outperform” rating and set a $920.00 price objective on shares of Meta Platforms in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a report on Tuesday, November 25th. KeyCorp dropped their price target on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Erste Group Bank downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $823.93.

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.