Keebeck Wealth Management Boosts Stock Position in Meta Platforms, Inc. $META

Keebeck Wealth Management grew its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 24.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 8,735 shares of the social networking company’s stock after acquiring an additional 1,715 shares during the period. Keebeck Wealth Management’s holdings in Meta Platforms were worth $4,998,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after acquiring an additional 7,269,279 shares during the last quarter. Auto Owners Insurance Co raised its stake in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after acquiring an additional 105,154,977 shares in the last quarter. State Street Corp lifted its holdings in shares of Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after acquiring an additional 4,395,763 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Meta Platforms by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock worth $34,734,628,000 after acquiring an additional 878,396 shares during the last quarter. Finally, Capital World Investors boosted its stake in shares of Meta Platforms by 0.8% in the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock valued at $26,112,735,000 after purchasing an additional 310,947 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Summary

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

  • Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
  • Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
  • Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
  • Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
  • Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
  • Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on META shares. KeyCorp reiterated an “overweight” rating and issued a $760.00 target price on shares of Meta Platforms in a research report on Thursday, April 30th. Piper Sandler initiated coverage on Meta Platforms in a report on Tuesday, June 2nd. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Erste Group Bank upgraded Meta Platforms from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Finally, Wedbush initiated coverage on Meta Platforms in a research note on Thursday, July 16th. They issued a “neutral” rating and a $671.00 price target on the stock. Five investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $835.64.

View Our Latest Report on META

Meta Platforms Trading Down 0.1%

NASDAQ:META opened at $593.41 on Wednesday. The company has a 50-day moving average price of $603.98 and a 200-day moving average price of $624.67. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.50 trillion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 1.00 and a beta of 1.25.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. During the same quarter in the previous year, the company earned $6.43 earnings per share. Meta Platforms’s quarterly revenue was up 33.1% on a year-over-year basis. Equities analysts predict that Meta Platforms, Inc. will post 29.51 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is presently 7.63%.

Insider Activity at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total transaction of $303,875.00. Following the transaction, the director owned 3,443 shares in the company, valued at approximately $2,092,483.25. This represents a 12.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $645.85, for a total value of $540,576.45. Following the sale, the chief operating officer owned 7,127 shares in the company, valued at $4,602,972.95. This represents a 10.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 37,859 shares of company stock worth $23,087,979. Insiders own 13.53% of the company’s stock.

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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