Tanager Wealth Management LLP Boosts Stock Holdings in Meta Platforms, Inc. $META

Tanager Wealth Management LLP raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,252 shares of the social networking company’s stock after buying an additional 199 shares during the period. Meta Platforms comprises approximately 0.6% of Tanager Wealth Management LLP’s portfolio, making the stock its 29th largest position. Tanager Wealth Management LLP’s holdings in Meta Platforms were worth $5,353,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in META. Pachira Investments Inc. boosted its holdings in shares of Meta Platforms by 3.0% during the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares during the period. Shelton Wealth Management LLC boosted its holdings in shares of Meta Platforms by 0.9% during the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after purchasing an additional 15 shares during the period. Myecfo LLC boosted its holdings in shares of Meta Platforms by 2.0% during the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock worth $573,000 after purchasing an additional 15 shares during the period. Kooman & Associates boosted its holdings in shares of Meta Platforms by 2.8% during the second quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock worth $402,000 after purchasing an additional 15 shares during the period. Finally, Nabity Jensen Investment Management Inc boosted its holdings in shares of Meta Platforms by 1.1% during the second quarter. Nabity Jensen Investment Management Inc now owns 1,378 shares of the social networking company’s stock worth $1,017,000 after purchasing an additional 15 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Citizens Jmp increased their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” 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. Oppenheimer increased their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Pivotal Research increased their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Finally, Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Four 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $830.61.

Meta Platforms Stock Performance

Shares of META 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 50-day simple moving average of $753.89 and a two-hundred day simple moving average of $677.44. The firm has a market capitalization of $1.80 trillion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META) last announced its earnings results 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business 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 earnings per share. The business’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, analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal 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 paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.60%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $769.38, for a total transaction of $12,192,364.86. The disclosure for this sale can be found here. Insiders sold a total of 213,663 shares of company stock worth $164,574,107 over the last three months. Company 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.