Mirabaud & Cie SA Increases Stock Holdings in Meta Platforms, Inc. $META

Mirabaud & Cie SA raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 44.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,457 shares of the social networking company’s stock after acquiring an additional 5,685 shares during the quarter. Meta Platforms makes up 4.3% of Mirabaud & Cie SA’s holdings, making the stock its 8th largest holding. Mirabaud & Cie SA’s holdings in Meta Platforms were worth $13,623,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in Meta Platforms in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms in the 1st quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the 1st quarter valued at $33,000. JCIC Asset Management Inc. lifted its holdings in shares of Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after buying an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in shares of Meta Platforms in the 4th quarter worth $47,000. Institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

META has been the subject of several research reports. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Barclays upped their target price on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. JPMorgan Chase & Co. upped their target price on Meta Platforms from $795.00 to $875.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 31st. Finally, JMP Securities upped their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $822.41.

Meta Platforms Stock Up 0.6%

Shares of META stock opened at $755.59 on Monday. The stock’s 50-day simple moving average is $741.83 and its 200-day simple moving average is $661.86. 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 capitalization of $1.90 trillion, a PE ratio of 27.36, a P/E/G ratio of 1.56 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.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data 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 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 company’s revenue was up 21.6% on a year-over-year basis. During the same period in the prior year, the company earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $757.50, for a total transaction of $393,142.50. Following the sale, the insider directly owned 31,389 shares of the company’s stock, valued at $23,777,167.50. This trade represents a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 268,505 shares of company stock valued at $203,749,711 in the last three months. 13.61% of the stock is currently 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.