Mondrian Investment Partners LTD Sells 91,480 Shares of Meta Platforms, Inc. $META

Mondrian Investment Partners LTD trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 43.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118,378 shares of the social networking company’s stock after selling 91,480 shares during the quarter. Meta Platforms makes up 1.9% of Mondrian Investment Partners LTD’s portfolio, making the stock its 18th biggest position. Mondrian Investment Partners LTD’s holdings in Meta Platforms were worth $85,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Corient Private Wealth LP grew its stake in Meta Platforms by 723.1% in the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock worth $4,957,946,000 after purchasing an additional 7,732,446 shares in the last quarter. Jupiter Topco LLC bought a new stake in Meta Platforms in the second quarter valued at about $2,948,486,000. State Street Corp raised its stake in Meta Platforms by 4.0% during the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after buying an additional 3,510,123 shares in the last quarter. Bank of America Corp DE raised its stake in Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock valued at $12,036,491,000 after buying an additional 2,673,494 shares in the last quarter. Finally, Amundi lifted its holdings in Meta Platforms by 18.1% during the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock worth $6,784,873,000 after buying an additional 1,815,017 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $624.52 on Friday. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.59 trillion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 1.06 and a beta of 1.19. The company’s 50-day moving average price is $668.65 and its two-hundred day moving average price is $632.39.

Meta Platforms (NASDAQ:META) last issued its earnings results on Thursday, October 22nd. The social networking company reported $7.40 EPS for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The firm had revenue of $64.60 billion for the quarter, compared to the consensus estimate of $63.34 billion. During the same quarter in the previous year, the company posted $7.25 earnings per share. The business’s quarterly revenue was up 26.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 28.98 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 7.16%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company decreased their target price on Meta Platforms from $1,000.00 to $995.00 and set an “overweight” rating for the company in a research report on Thursday, October 22nd. Robert W. Baird dropped their price target on Meta Platforms from $830.00 to $750.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Citizens Jmp restated a “market outperform” rating and set a $885.00 price objective on shares of Meta Platforms in a research note on Thursday, October 22nd. Citigroup lifted their price objective on shares of Meta Platforms from $895.00 to $905.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Finally, Moffett Nathanson lowered their target price on shares of Meta Platforms from $800.00 to $740.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $833.12.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 946 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $640.00, for a total value of $605,440.00. Following the transaction, the chief operating officer owned 5,040 shares in the company, valued at approximately $3,225,600. This represents a 15.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 150,015 shares of company stock valued at $102,464,300. Insiders own 13.53% of the company’s stock.

Key Headlines Impacting Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: AMD partnership strengthens AI infrastructure: Advanced Micro Devices plans to invest $1 billion in Meta’s stock while collaborating on multi-generation Instinct processors, CPUs and gigawatt-scale data-center deployments. The agreement could diversify Meta’s chip supply and improve computing efficiency. Advanced Micro Devices’ Meta Platforms Partnership Goes Beyond a $1 Billion Investment
• Positive Sentiment: Advertising engine remains a key support: Recent analysis highlighted rising ad prices, stronger impressions and AI-driven improvements to ad conversions and Reels engagement. Analysts remain optimistic that Meta’s AI tools, including Muse, can support long-term revenue and earnings growth. Meta’s Pullback Just Changed the AI Risk/Reward
• Positive Sentiment: Analyst support and AI upside: Daiwa Securities raised its Meta price target to $779 from $687, while other commentary characterized the recent pullback as an attractive entry point and cited potential gains from AI-powered commerce and advertising. Daiwa Securities Adjusts Price Target on Meta Platforms to $779
• Neutral Sentiment: New consumer AI products broaden Meta’s options: Meta launched Style Sketch, an AI fashion app that creates outfit ideas from users’ clothing, following the launch of the AI pet app Waddle World. These experiments could increase engagement, but their revenue potential remains unproven. Meta quietly launches an AI fashion app called Style Sketch
• Negative Sentiment: AI financing raises dilution and cash-flow concerns: Meta’s roughly $95 billion capital-raising plan, including common and convertible preferred shares, provides funding for AI infrastructure but increases shareholder dilution. Quarterly capital expenditures also pushed free cash flow negative, potentially limiting buybacks and dividends. Meta Just Priced a Stock Sale at $625 a Share
• Negative Sentiment: Legal and regulatory pressure continues: Meta delayed new commercial terms for publishers after objections and faces a major U.S. trial over alleged social-media harms to young users. These matters could create additional costs and reputational risk. Meta delays indefinitely its rollout of new commercial terms
• Negative Sentiment: Muse execution remains uncertain: Meta removed an Instagram ad promoting Muse’s ability to identify unfollowers, underscoring product-positioning and user-trust risks as the company expands its AI services. Meta took down its ad touting Muse

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.