White Pine Capital LLC Acquires 1,750 Shares of Meta Platforms, Inc. $META

White Pine Capital LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 64.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,464 shares of the social networking company’s stock after buying an additional 1,750 shares during the quarter. Meta Platforms makes up 1.0% of White Pine Capital LLC’s portfolio, making the stock its 20th largest position. White Pine Capital LLC’s holdings in Meta Platforms were worth $3,295,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its position in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares in the last quarter. Nuveen LLC bought a new position in Meta Platforms in the 1st quarter worth approximately $2,990,544,000. Vanguard Group Inc. lifted its holdings in Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after buying an additional 1,532,568 shares in the last quarter. Amundi boosted its position in Meta Platforms by 23.5% in the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Meta Platforms by 8.8% during the first 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 last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Up 2.2%

Shares of NASDAQ META opened at $647.48 on Monday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a market cap of $1.63 trillion, a price-to-earnings ratio of 28.60, a P/E/G ratio of 1.36 and a beta of 1.28. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The company’s fifty day moving average is $683.38 and its 200-day moving average is $706.56.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data 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 the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued 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 9.28%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on META. Zacks Research cut Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Cantor Fitzgerald dropped their price target on shares of Meta Platforms from $830.00 to $720.00 and set an “overweight” rating for the company in a research note on Wednesday, November 19th. KeyCorp reduced their price objective 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. TD Cowen lowered their target price on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, Barclays dropped their target price on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $823.93.

Insider Buying and Selling at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the completion of the sale, the chief technology officer directly owned 2,415 shares of the company’s stock, valued at approximately $1,432,843.65. This represents a 82.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert M. Kimmitt sold 600 shares of Meta Platforms stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the transaction, the director directly owned 7,347 shares in the company, valued at approximately $4,476,894.45. The trade was a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 41,959 shares of company stock worth $26,759,811 over the last three months. Company insiders own 13.61% of the company’s stock.

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.