Raiffeisen Bank International AG Increases Stake in Meta Platforms, Inc. $META

Raiffeisen Bank International AG increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 19.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,362 shares of the social networking company’s stock after buying an additional 10,846 shares during the period. Raiffeisen Bank International AG’s holdings in Meta Platforms were worth $47,765,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms during the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the period. Briaud Financial Planning Inc bought a new position in shares of Meta Platforms during the second quarter valued at approximately $42,000. WFA Asset Management Corp lifted its holdings in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Finally, Maseco LLP bought a new stake in shares of Meta Platforms in the 2nd quarter worth approximately $54,000. 79.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on META. Stifel Nicolaus reduced their price objective on Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Barclays reduced their price target on Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $870.00 price target (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Citigroup reduced their price objective on shares of Meta Platforms from $915.00 to $850.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, KeyCorp decreased their target price on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $823.93.

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $593.31, for a total value of $6,935,793.90. Following the transaction, the chief technology officer owned 2,415 shares in the company, valued at $1,432,843.65. This represents a 82.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Aaron Anderson sold 726 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the sale, the chief accounting officer owned 6,035 shares of the company’s stock, valued at $3,570,306. This trade represents a 10.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 41,959 shares of company stock valued at $26,759,811 in the last 90 days. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Down 0.4%

META opened at $633.61 on Thursday. The stock has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 27.99, a PEG ratio of 1.33 and a beta of 1.20. The firm has a 50 day moving average price of $688.93 and a 200-day moving average price of $706.33. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15.

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

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

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.