Robeco Institutional Asset Management B.V. Sells 92,150 Shares of Meta Platforms, Inc. $META

Robeco Institutional Asset Management B.V. reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,185,545 shares of the social networking company’s stock after selling 92,150 shares during the period. Meta Platforms makes up approximately 2.6% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 5th biggest holding. Robeco Institutional Asset Management B.V.’s holdings in Meta Platforms were worth $1,613,129,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its position in shares of Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after acquiring an additional 59,766,000 shares during the period. Invesco Ltd. grew its position in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after acquiring an additional 400,927 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after acquiring an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after acquiring an additional 536,160 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after acquiring an additional 247,850 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Up 0.7%

META stock opened at $717.84 on Thursday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. 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’s 50 day moving average price is $753.89 and its 200-day moving average price is $677.44. The firm has a market cap of $1.80 trillion, a PE ratio of 25.99, a PEG ratio of 1.49 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the firm earned $5.16 EPS. The firm’s revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued 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 (DPR) is 7.60%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on META. Sanford C. Bernstein raised their target price on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their price objective on Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday. Finally, JMP Securities raised their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $830.61.

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $741.50, for a total value of $384,838.50. Following the completion of the transaction, the insider owned 29,832 shares in the company, valued at $22,120,428. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $704.81, for a total transaction of $364,386.77. Following the completion of the transaction, the chief operating officer owned 9,509 shares of the company’s stock, valued at approximately $6,702,038.29. This trade represents a 5.16% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,663 shares of company stock worth $164,574,107. 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.