Hutchens & Kramer Investment Management Group LLC Sells 175 Shares of Meta Platforms, Inc. $META

Hutchens & Kramer Investment Management Group LLC lowered its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,508 shares of the social networking company’s stock after selling 175 shares during the quarter. Meta Platforms accounts for about 0.8% of Hutchens & Kramer Investment Management Group LLC’s portfolio, making the stock its 27th largest position. Hutchens & Kramer Investment Management Group LLC’s holdings in Meta Platforms were worth $1,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in META. Kingstone Capital Partners Texas LLC increased its stake in Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Nuveen LLC bought a new position in shares of Meta Platforms during the 1st quarter valued at approximately $2,990,544,000. Amundi raised its holdings in Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the period. Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. Finally, Strs Ohio bought a new stake in Meta Platforms in the first quarter worth $571,086,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Up 0.1%

Shares of NASDAQ META opened at $609.89 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 26.94, a PEG ratio of 1.35 and a beta of 1.20. The stock has a 50 day moving average price of $716.58 and a 200 day moving average price of $703.72. 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 released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the business posted $6.03 EPS. Meta Platforms’s quarterly revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. The ex-dividend date of this dividend 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 9.28%.

Wall Street Analysts Forecast Growth

META has been the topic of several recent analyst reports. Truist Financial reduced their target price on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Scotiabank upped their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a report on Thursday, July 31st. Mizuho decreased their price objective on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. JPMorgan Chase & Co. dropped their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $827.60.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $631.00, for a total transaction of $326,227.00. Following the transaction, the chief operating officer owned 6,924 shares of the company’s stock, valued at approximately $4,369,044. This trade represents a 6.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 44,421 shares of company stock valued at $33,573,980 over the last three months. 13.61% of the stock is owned by company insiders.

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.