Physician Wealth Advisors Inc. Increases Position in Meta Platforms, Inc. $META

Physician Wealth Advisors Inc. lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 10.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,544 shares of the social networking company’s stock after purchasing an additional 151 shares during the period. Physician Wealth Advisors Inc.’s holdings in Meta Platforms were worth $1,139,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of META. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in Meta Platforms by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company’s stock worth $129,666,000 after buying an additional 7,587 shares in the last quarter. Jefferies Financial Group Inc. increased its stake in Meta Platforms by 6.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 1,646 shares of the social networking company’s stock worth $964,000 after buying an additional 106 shares in the last quarter. Finally, Menard Financial Group LLC increased its stake in Meta Platforms by 13.0% during the 4th quarter. Menard Financial Group LLC now owns 9,754 shares of the social networking company’s stock worth $5,711,000 after buying an additional 1,125 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $767.16, for a total transaction of $398,156.04. Following the sale, the insider owned 30,870 shares of the company’s stock, valued at approximately $23,682,229.20. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction 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 sale, the director directly owned 8,412 shares in the company, valued at $6,371,837.64. This represents a 5.24% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 243,093 shares of company stock valued at $185,897,260. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Stock Down 1.3%

Shares of NASDAQ META opened at $755.40 on Wednesday. The firm has a market cap of $1.90 trillion, a price-to-earnings ratio of 27.35, a PEG ratio of 1.60 and a beta of 1.24. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The business’s 50 day moving average is $748.84 and its two-hundred day moving average is $667.85.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion for 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 firm’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is 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 is currently 7.60%.

Analyst Upgrades and Downgrades

META has been the subject of several research reports. Barclays boosted their price objective on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Canaccord Genuity Group boosted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. KeyCorp boosted their price objective on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Roth Capital boosted their price objective on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Finally, Scotiabank boosted their target price on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Three equities 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 stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $826.05.

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.