Meta Platforms, Inc. $META Shares Acquired by Olistico Wealth LLC

Olistico Wealth LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 10.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,126 shares of the social networking company’s stock after buying an additional 193 shares during the period. Meta Platforms makes up about 0.9% of Olistico Wealth LLC’s investment portfolio, making the stock its 23rd biggest position. Olistico Wealth LLC’s holdings in Meta Platforms were worth $1,569,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in META. Brighton Jones LLC increased its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. 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 during the period. GAMMA Investing LLC increased its stake in Meta Platforms by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock worth $23,453,000 after buying an additional 5,829 shares during the period. Everhart Financial Group Inc. increased its stake in Meta Platforms by 3.4% during the 1st quarter. Everhart Financial Group Inc. now owns 17,586 shares of the social networking company’s stock worth $10,136,000 after buying an additional 586 shares during the period. Finally, Stanley Laman Group Ltd. increased its stake in Meta Platforms by 43.0% during the 1st quarter. Stanley Laman Group Ltd. now owns 2,809 shares of the social networking company’s stock worth $1,619,000 after buying an additional 845 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $705.30 on Monday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a 50-day simple moving average of $752.20 and a 200 day simple moving average of $679.78. The company has a market cap of $1.77 trillion, a PE ratio of 25.54, a P/E/G ratio of 1.47 and a beta of 1.20. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last posted 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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the business posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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 $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio is currently 7.60%.

Analysts Set New Price Targets

META has been the topic of several analyst reports. Wedbush lifted their price target on shares of Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Benchmark increased their price target on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Sanford C. Bernstein increased their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Stifel Nicolaus increased their price target on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, UBS Group increased their price target on shares of Meta Platforms from $897.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $830.68.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $716.98, for a total value of $372,112.62. Following the completion of the sale, the insider directly owned 29,313 shares of the company’s stock, valued at approximately $21,016,834.74. This represents a 1.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 213,665 shares of company stock valued at $164,575,272. Company insiders own 13.61% of the company’s stock.

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.