Meta Platforms, Inc. $META Shares Bought by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,151 shares of the social networking company’s stock after buying an additional 2,138 shares during the quarter. Meta Platforms accounts for about 1.4% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Fifth Third Wealth Advisors LLC’s holdings in Meta Platforms were worth $38,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of 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 purchasing an additional 13 shares during the last quarter. Pachira Investments Inc. increased its holdings in Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after buying an additional 14 shares during the last quarter. Hemington Wealth Management increased its holdings in Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after buying an additional 14 shares during the last quarter. Trust Co of the South raised its stake in Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after buying an additional 14 shares in the last quarter. Finally, Sentinel Pension Advisors LLC lifted its holdings in Meta Platforms by 1.6% during the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock worth $672,000 after buying an additional 14 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 6,875 shares of the stock in a transaction dated Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares in the company, valued at $53,857,980.20. This represents a 7.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert M. Kimmitt sold 600 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $609.35, for a total transaction of $365,610.00. Following the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. This trade represents a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 41,555 shares of company stock valued at $25,869,502. 13.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on META shares. Raymond James Financial reiterated a “strong-buy” rating and issued a $825.00 price target (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Erste Group Bank lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. BNP Paribas assumed coverage on shares of Meta Platforms in a research report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price target on the stock. JPMorgan Chase & Co. lowered their price objective on shares of 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, Piper Sandler dropped their price objective on shares of Meta Platforms from $880.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $822.89.

View Our Latest Analysis on META

Key Headlines Impacting Meta Platforms

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

  • Positive Sentiment: Secured multi‑gigawatt nuclear power deals (Vistra, TerraPower, Oklo) to supply Meta’s Prometheus AI data center — long‑dated agreements help lock in reliable, low‑carbon capacity for heavy AI compute and reduce power‑supply risk for future growth. Meta strikes nuclear power agreements with three companies
  • Positive Sentiment: Nuclear deals receive broad coverage (TechCrunch, Bloomberg) and have already lifted shares of partners (Oklo, Vistra) — a signal markets view the agreements as material to Meta’s AI infrastructure buildout and future margins. Meta signs deals with three nuclear companies for 6+ GW
  • Positive Sentiment: Strong demand signals for Meta’s Ray‑Ban Display AI glasses — company paused international rollout because U.S. demand outstripped limited inventory, which supports upside for Reality Labs if Meta can scale production. Meta’s New AI Glasses See “Unprecedented Demand”
  • Neutral Sentiment: Analyst activity mixed but constructive: some price targets trimmed (Guggenheim lowered its target) yet many firms retain Buy/Outperform views given AI growth and healthy fundamentals — watch updates for guidance impact. Guggenheim price target note
  • Negative Sentiment: Regulatory risk in China — Beijing announced a probe/assessment of Meta’s ~$2B Manus acquisition to check export/security compliance; this creates near‑term transaction uncertainty and geopolitical headline risk. China to assess/investigate Manus deal
  • Negative Sentiment: Insider selling: COO Javier Oliván disclosed small, regular share sales — routine but sometimes interpreted by market participants as a mild near‑term negative signal. SEC filing: Javier Oliván sale

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $653.06 on Friday. The firm’s 50 day moving average is $641.26 and its two-hundred day moving average is $703.56. The firm has a market capitalization of $1.65 trillion, a P/E ratio of 28.85, a PEG ratio of 1.29 and a beta of 1.29. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last issued its quarterly earnings data 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. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the firm posted $6.03 earnings per share. The business’s revenue was up 26.2% on a year-over-year basis. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 9.28%.

Meta Platforms Company Profile

(Free Report)

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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