QRG Capital Management Inc. Has $209.87 Million Holdings in Meta Platforms, Inc. $META

QRG Capital Management Inc. raised its position in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 5.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 372,579 shares of the social networking company’s stock after purchasing an additional 19,353 shares during the quarter. Meta Platforms accounts for about 1.7% of QRG Capital Management Inc.’s holdings, making the stock its 9th biggest holding. QRG Capital Management Inc.’s holdings in Meta Platforms were worth $209,870,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC increased its holdings in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the period. Headwater Capital Co Ltd raised its position in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after purchasing an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Meta Platforms during the 2nd quarter valued at approximately $213,000. Finally, Capital & Planning LLC purchased a new stake in Meta Platforms in the 2nd quarter worth approximately $322,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Down 0.9%

Shares of NASDAQ:META opened at $589.85 on Friday. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 22.22, a P/E/G ratio of 1.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The stock has a 50 day moving average price of $595.94 and a 200-day moving average price of $620.41. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $7.14 earnings per share. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 28.5 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.91%.

Trending Headlines about Meta Platforms

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

  • Positive Sentiment: Analysts remain constructive on Meta’s long-term outlook, citing 28% revenue growth, resilient advertising demand and additional monetization opportunities in WhatsApp. Some commentary argues that the market is assigning little value to future AI and messaging revenue streams. Meta Has $27 Billion That Isn’t On Its Balance Sheet
  • Positive Sentiment: Meta released Glimmer, an open-weight AI model that users can download and run on their own hardware, supporting Mark Zuckerberg’s strategy of broadening access to AI. The move could strengthen developer adoption and Meta’s competitive position, although its financial payoff is uncertain. Meta’s open AI, and a $250M deal gone very wrong
  • Neutral Sentiment: Meta removed approximately 756,000 suspected under-16 accounts in Australia—462,000 from Instagram and 294,000 from Facebook—as it enforces the country’s youth social-media restrictions. The action demonstrates regulatory compliance but may raise moderation costs and reduce engagement among younger users. Meta says it has taken down 756,000 Australian teen accounts
  • Neutral Sentiment: Institutional trading was mixed: Dodge & Cox increased its position by 1.47 million shares, while Sands Capital and Columbus Hill reduced their stakes. These transactions may influence sentiment but do not by themselves change Meta’s fundamentals. Dodge and Cox boosts Meta Platforms stake
  • Negative Sentiment: A Ninth Circuit ruling removed a procedural barrier to more than 3,000 lawsuits alleging Meta’s product features harm young users. The court did not determine liability, but the decision allows the cases to proceed and adds potential litigation costs, damages and pressure to change platform design. How Serious Are Thousands of Addiction Lawsuits for Meta and Snap?
  • Negative Sentiment: Investors remain concerned that Meta’s roughly $145 billion AI investment plan and major data-center projects could produce diminishing returns, compress margins and weigh on free cash flow before monetization catches up. Meta: Diminishing Q2 CapEx ROI Is Alarming
  • Negative Sentiment: Meta COO Javier Olivan disclosed additional sales under a pre-arranged Rule 10b5-1 plan, while several funds also trimmed holdings. Although planned insider sales are not necessarily bearish, they can add to near-term selling pressure. Meta COO insider stock sale

Insiders Place Their Bets

In related news, Director Robert M. Kimmitt sold 500 shares of Meta Platforms stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the transaction, the director directly owned 2,943 shares of the company’s stock, valued at $1,652,671.08. This trade represents a 14.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 1,258 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $600.00, for a total transaction of $754,800.00. Following the sale, the chief operating officer directly owned 1,517 shares in the company, valued at $910,200. The trade was a 45.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 36,280 shares of company stock worth $22,075,696. Company insiders own 13.53% of the company’s stock.

Analyst Upgrades and Downgrades

META has been the topic of a number of recent analyst reports. Erste Group Bank upgraded Meta Platforms from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. Scotiabank reiterated a “sector perform” rating and issued a $600.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. Evercore reissued an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 30th. Finally, Wedbush decreased their price objective on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $785.32.

Get Our Latest Stock Report on META

About Meta Platforms

(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.

Further Reading

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:METAFree Report).

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

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