Meta Platforms, Inc. $META Stock Position Lifted by Petredis Investment Advisors LLC

Petredis Investment Advisors LLC boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,944 shares of the social networking company’s stock after purchasing an additional 847 shares during the period. Meta Platforms comprises approximately 3.0% of Petredis Investment Advisors LLC’s holdings, making the stock its 11th largest position. Petredis Investment Advisors LLC’s holdings in Meta Platforms were worth $34,649,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in META. Annex Advisory Services LLC lifted its stake in shares of Meta Platforms by 11.7% in the second quarter. Annex Advisory Services LLC now owns 130,770 shares of the social networking company’s stock worth $96,520,000 after buying an additional 13,730 shares during the last quarter. Arthur M. Cohen & Associates LLC raised its stake in Meta Platforms by 0.9% during the 2nd quarter. Arthur M. Cohen & Associates LLC now owns 11,167 shares of the social networking company’s stock valued at $8,242,000 after purchasing an additional 102 shares during the last quarter. Congress Park Capital LLC raised its stake in shares of Meta Platforms by 3.6% in the 2nd quarter. Congress Park Capital LLC now owns 13,965 shares of the social networking company’s stock valued at $10,307,000 after buying an additional 488 shares in the last quarter. Ullmann Wealth Partners Group LLC raised its stake in shares of Meta Platforms by 6.5% in the 2nd quarter. Ullmann Wealth Partners Group LLC now owns 2,396 shares of the social networking company’s stock valued at $1,769,000 after buying an additional 146 shares in the last quarter. Finally, Lincoln Capital LLC raised its stake in shares of Meta Platforms by 4.8% in the 2nd quarter. Lincoln Capital LLC now owns 1,109 shares of the social networking company’s stock valued at $819,000 after buying an additional 51 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Down 1.3%

Shares of META opened at $755.40 on Wednesday. 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 firm has a market cap of $1.90 trillion, a P/E ratio of 27.35, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The business has a 50-day moving average of $748.84 and a 200 day moving average of $667.85.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is 7.60%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on META shares. Sanford C. Bernstein upped their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Raymond James Financial raised their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 31st. Benchmark lifted their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, BMO Capital Markets increased their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $826.05.

Insider Buying and Selling

In related news, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $352,223.55. Following the completion of the sale, the director owned 8,412 shares in the company, valued at $6,371,837.64. The trade was a 5.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 30,870 shares in the company, valued at $23,682,229.20. This trade represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 243,093 shares of company stock worth $185,897,260 in the last quarter. 13.61% of the stock is owned by insiders.

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.