Noesis Capital Mangement Corp Acquires 189 Shares of Meta Platforms, Inc. $META

Noesis Capital Mangement Corp boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 26.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 911 shares of the social networking company’s stock after purchasing an additional 189 shares during the period. Noesis Capital Mangement Corp’s holdings in Meta Platforms were worth $673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in META. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms during the 1st quarter worth approximately $33,000. Evergreen Private Wealth LLC raised its stake in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Meta Platforms during the second quarter valued at $42,000. WFA Asset Management Corp boosted its stake in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares in the last quarter. Finally, Maseco LLP bought a new stake in shares of Meta Platforms in the 2nd quarter worth about $54,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.4%

Shares of META opened at $621.71 on Monday. The business’s fifty day moving average price is $726.22 and its two-hundred day moving average price is $703.79. The firm has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.38 and a beta of 1.20. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates 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 for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 9.28%.

Insider Buying and Selling

In other news, COO Javier Olivan sold 2,612 shares of Meta Platforms stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $782.13, for a total transaction of $2,042,923.56. Following the completion of the sale, the chief operating officer owned 7,609 shares in the company, valued at $5,951,227.17. The trade was a 25.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $787.06, for a total transaction of $12,472,539.82. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 75,281 shares of company stock worth $57,948,936. 13.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on META. Royal Bank Of Canada cut their price target on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Loop Capital reissued a “buy” rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. Morgan Stanley lifted their price objective on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Finally, Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Meta Platforms Company 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.