Exchange Traded Concepts LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 41.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 455,018 shares of the social networking company’s stock after purchasing an additional 133,751 shares during the period. Meta Platforms comprises 2.3% of Exchange Traded Concepts LLC’s holdings, making the stock its 3rd largest position. Exchange Traded Concepts LLC’s holdings in Meta Platforms were worth $300,353,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of META. Trust Co of the South raised its position in Meta Platforms by 0.8% in the 3rd 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 during the last quarter. Sentinel Pension Advisors LLC grew its stake in shares of 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 acquiring an additional 14 shares in the last quarter. Alpine Bank Wealth Management raised its holdings in shares of Meta Platforms by 0.3% in the third quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares during the last quarter. Valued Wealth Advisors LLC raised its holdings in shares of Meta Platforms by 3.2% in the third quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 14 shares during the last quarter. Finally, Vista Capital Partners Inc. lifted its position in shares of Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after purchasing an additional 14 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research firms recently weighed in on META. Roth Mkm decreased their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Evercore increased their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Tigress Financial raised their price objective on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. BMO Capital Markets lifted their target price on Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Finally, Rosenblatt Securities upped their target price on Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $845.54.
Meta Platforms Stock Up 6.7%
Meta Platforms stock opened at $572.13 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The company’s 50-day moving average is $641.61 and its 200-day moving average is $663.23. The firm has a market capitalization of $1.45 trillion, a PE ratio of 24.35, a P/E/G ratio of 0.83 and a beta of 1.30. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same period last year, the business posted $8.02 EPS. Meta Platforms’s revenue was up 23.8% on a year-over-year basis. Sell-side 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 disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched new Ray‑Ban prescription smart glasses and Oakley updates that add hands‑free features (nutrition logging, real‑time translation), reinforcing growth prospects for Reality Labs and consumer AR wearables. Article Title Article Title
- Positive Sentiment: Meta and Corning broke ground on a large optical‑cable expansion in North Carolina to support AI data‑center buildout—strengthening Meta’s supply chain for AI infrastructure. Article Title
- Positive Sentiment: Analysts and market pieces highlight Meta’s AI and engagement feature rollouts (and recent product launches) as drivers for ad growth; buy‑side firms including Morgan Stanley/others continue to call the pullback a tactical buying opportunity. Article Title Article Title
- Neutral Sentiment: Meta is testing Instagram Plus (paid tier) and other monetization experiments; these could boost ARPU if scaled, but are currently limited pilot programs. Article Title
- Neutral Sentiment: Meta is sharing retail and wearables learnings with partners to help physical retail for its AI/VR products—incremental channel development, uncertain near‑term revenue impact. Article Title
- Negative Sentiment: Meta suffered two major legal setbacks: a New Mexico ruling holding it accountable for child safety and an LA jury finding apps were designed to addict teens—both raise potential damages, regulatory pressure and litigation risk. Article Title
- Negative Sentiment: Indonesia summoned Meta over non‑compliance with new rules protecting under‑16 users, and regulators in other markets are flagging potential breaches—heightening compliance costs and moderation burdens. Article Title
- Negative Sentiment: Meta announced another round of layoffs impacting ~168 Washington state employees, signalling continued cost actions but also operational disruption in key VR/Reality teams. Article Title
Insider Transactions at Meta Platforms
In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Andrew Bosworth sold 8,089 shares of Meta Platforms stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the transaction, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 161,448 shares of company stock worth $103,333,788. 13.61% of the stock is owned by company insiders.
Meta Platforms Profile
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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