735,898 Shares in Meta Platforms, Inc. $META Purchased by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. acquired a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 735,898 shares of the social networking company's stock, valued at approximately $543,159,000. Meta Platforms accounts for approximately 2.8% of Mawer Investment Management Ltd.'s investment portfolio, making the stock its 11th largest holding.

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A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Meta Platforms by 0.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company's stock worth $2,587,000 after acquiring an additional 13 shares in the last quarter. Pachira Investments Inc. increased its stake 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 in the last quarter. Hemington Wealth Management raised its position in shares of Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock worth $1,641,000 after purchasing an additional 14 shares during the last quarter. Myecfo LLC lifted its stake in Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company's stock valued at $573,000 after buying an additional 15 shares in the last quarter. Finally, Shelton Wealth Management LLC boosted its holdings in Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company's stock worth $1,302,000 after buying an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Meta Platforms

In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total value of $429,501.60. Following the transaction, the chief accounting officer directly owned 6,035 shares in the company, valued at $3,570,306. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business's stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $307,040.40. Following the sale, the insider owned 34,631 shares of the company's stock, valued at $20,487,699.60. This represents a 1.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,959 shares of company stock worth $26,906,323 over the last three months. Company insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

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Several research firms have commented on META. Royal Bank Of Canada cut their price objective on Meta Platforms from $840.00 to $810.00 and set an "outperform" rating for the company in a research note on Thursday, October 30th. Barclays dropped their price target on Meta Platforms from $810.00 to $770.00 and set an "overweight" rating for the company in a research report on Thursday, October 30th. Pivotal Research increased their price objective on Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Canaccord Genuity Group reaffirmed a "buy" rating and set a $900.00 target price on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Meta Platforms in a report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus price target of $825.05.

Check Out Our Latest Report on Meta Platforms

Meta Platforms Stock Performance

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NASDAQ:META opened at $594.25 on Friday. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 26.25, a PEG ratio of 1.23 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. 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 company's 50-day moving average is $697.66 and its two-hundred day moving average is $704.84.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the firm posted $6.03 earnings per share. Meta Platforms's revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms's payout ratio is 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.

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