Florida Trust Wealth Management Co Buys 2,603 Shares of Meta Platforms, Inc. $META

Florida Trust Wealth Management Co increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 41,676 shares of the social networking company’s stock after buying an additional 2,603 shares during the period. Meta Platforms accounts for about 0.9% of Florida Trust Wealth Management Co’s portfolio, making the stock its 27th largest holding. Florida Trust Wealth Management Co’s holdings in Meta Platforms were worth $30,606,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank acquired a new position in shares of Meta Platforms in the second quarter valued at approximately $23,155,393,000. Laurel Wealth Advisors LLC boosted its stake in Meta Platforms by 73,443.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after purchasing an additional 8,405,558 shares during the period. State Street Corp grew its holdings in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares in the last quarter. Vanguard Group Inc. increased its position in Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after buying an additional 1,532,568 shares during the period. Finally, Corient Private Wealth LLC lifted its holdings in shares of Meta Platforms by 103.5% during the second quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock worth $1,475,166,000 after buying an additional 1,016,667 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Meta will test paid premium subscriptions across Instagram, Facebook and WhatsApp that unlock advanced AI and exclusive features — a potential new recurring-revenue stream and direct monetization of AI capabilities. Meta to test premium subscriptions
• Positive Sentiment: Rothschild & Co (Redburn) upgraded META to a “buy” and raised its price target to $900, a bullish analyst endorsement that supports upside sentiment. Analyst upgrade
• Positive Sentiment: Analysts and commentators continue to highlight Meta’s large cash generation and shareholder returns (centuries of buybacks/dividends-equivalent commentary), underscoring capital return potential as a support for the stock. Shareholder returns article
• Neutral Sentiment: Multiple firms trimmed price targets (Roth MKM, Raymond James, KeyCorp, Stifel) while many left buy/strong‑buy ratings intact — trimming near‑term upside expectations but not ending bullish views. Price target moves
• Neutral Sentiment: Q4 earnings and, importantly, 2026 expense/capex guidance are focal points this week — investors are positioning for details on AI infrastructure and Reality Labs spending that will drive near‑term volatility. Expense guidance focus
• Negative Sentiment: Meta temporarily blocked teens from interacting with some AI characters — a user‑experience/regulatory response that could limit engagement or product rollouts while safety policies are refined. Meta blocks teens from AI characters
• Negative Sentiment: Meta faces a high-profile trial this week over youth addiction claims alongside TikTok and YouTube, increasing legal and reputational risk that investors factor into valuation. Youth addiction trial
• Negative Sentiment: Countries are advancing restrictions on children’s social‑media use (e.g., Egypt exploring new limits), adding regulatory headwinds and potential regional usage impacts. Egypt social media restrictions
• Negative Sentiment: Ongoing investor concern over hefty AI infra and Reality Labs capex — even as management trims headcount — keeps valuation sensitive to guidance and near‑term margin pressure. Capex fears / pre-earnings

Analysts Set New Price Targets

Several research firms recently commented on META. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Barclays cut their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. JPMorgan Chase & Co. lowered their target price on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Oppenheimer cut Meta Platforms from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 30th. Finally, Roth Mkm reduced their price target on Meta Platforms from $845.00 to $800.00 and set a “buy” rating on the stock in a research report on Monday. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $822.00.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 6,875 shares of the firm’s stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the sale, the chief financial officer owned 88,370 shares of the company’s stock, valued at $53,857,980.20. This trade represents a 7.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert M. Kimmitt sold 600 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $609.35, for a total value of $365,610.00. Following the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. This represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,596 shares of company stock worth $24,277,237 over the last 90 days. Insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $672.36 on Tuesday. 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, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The stock has a market capitalization of $1.69 trillion, a P/E ratio of 29.70, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. The stock has a fifty day moving average of $643.56 and a 200-day moving average of $696.35.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.03 earnings per share. On average, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th 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, December 15th. Meta Platforms’s dividend payout ratio is currently 9.28%.

About Meta Platforms

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.