J. W. Coons Advisors LLC Grows Holdings in Meta Platforms, Inc. $META

J. W. Coons Advisors LLC lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 3.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,621 shares of the social networking company’s stock after purchasing an additional 115 shares during the quarter. J. W. Coons Advisors LLC’s holdings in Meta Platforms were worth $2,673,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms in the first quarter valued at $33,000. Evergreen Private Wealth LLC boosted its holdings in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the period. Briaud Financial Planning Inc acquired a new position in Meta Platforms in the 2nd quarter valued at about $42,000. WFA Asset Management Corp increased its stake in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares during the period. Finally, Maseco LLP purchased a new stake in Meta Platforms during the second quarter worth about $54,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total transaction of $326,227.00. Following the transaction, the chief operating officer owned 6,924 shares of the company’s stock, valued at approximately $4,369,044. This trade represents a 6.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 516 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $325,596.00. Following the transaction, the insider owned 26,721 shares in the company, valued at $16,860,951. This represents a 1.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 44,421 shares of company stock valued at $33,573,980. 13.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and raised their price objective for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Wells Fargo & Company decreased their price target on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Rosenblatt Securities upped their price objective on Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Wall Street Zen lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Citigroup lowered their target price on Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $827.60.

Meta Platforms Stock Down 0.1%

Meta Platforms stock opened at $609.46 on Friday. The stock has a market cap of $1.54 trillion, a PE ratio of 26.92, a P/E/G ratio of 1.35 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The stock’s fifty day moving average is $713.72 and its two-hundred day moving average is $704.14. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period in the prior year, the firm posted $6.03 EPS. The business’s quarterly revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

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.