Meta Platforms, Inc. $META Stock: TT Capital Management LLC Boosts Holdings

Posted by Francis Steltz on Oct 17th, 2026

TT Capital Management LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 76.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,223 shares of the social networking company’s stock after buying an additional 1,829 shares during the quarter. Meta Platforms accounts for approximately 1.5% of TT Capital Management LLC’s holdings, making the stock its 12th biggest holding. TT Capital Management LLC’s holdings in Meta Platforms were worth $3,063,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in META. Auto Owners Insurance Co boosted its position in shares of Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after acquiring an additional 105,154,977 shares in the last quarter. State Street Corp increased its stake in Meta Platforms by 4.0% in the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after acquiring an additional 3,510,123 shares during the period. Bank of America Corp DE raised its position in Meta Platforms by 14.6% in the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after purchasing an additional 2,673,494 shares in the last quarter. Invesco Ltd. raised its position in Meta Platforms by 6.1% in the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company’s stock worth $12,013,948,000 after purchasing an additional 1,046,715 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Meta Platforms by 1.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after purchasing an additional 162,909 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on META shares. New Street Research cut their price objective on Meta Platforms from $730.00 to $700.00 and set a “buy” rating for the company in a report on Friday, July 31st. Phillip Securities upgraded shares of Meta Platforms from a “buy” rating to a “strong-buy” rating and dropped their target price for the stock from $795.00 to $750.00 in a research report on Monday, August 3rd. Piper Sandler increased their target price on shares of Meta Platforms from $785.00 to $875.00 and gave the stock an “overweight” rating in a research report on Friday, September 25th. DZ Bank reissued a “buy” rating on shares of Meta Platforms in a report on Thursday, July 30th. Finally, Scotiabank reissued a “sector perform” rating and set a $600.00 price target (down from $700.00) on shares of Meta Platforms in a report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $808.88.

Check Out Our Latest Stock Report on Meta Platforms

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 946 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $728.10, for a total transaction of $688,782.60. Following the sale, the chief operating officer directly owned 6,932 shares of the company’s stock, valued at $5,047,189.20. This represents a 12.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of the firm’s stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total transaction of $21,359,386.56. 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. In the last 90 days, insiders sold 149,797 shares of company stock worth $102,180,385. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Price Performance

META traded down $27.39 during trading on Friday, hitting $709.33. The company’s stock had a trading volume of 20,582,358 shares, compared to its average volume of 22,124,532. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1.81 trillion, a price-to-earnings ratio of 26.72, a price-to-earnings-growth ratio of 1.27 and a beta of 1.19. The firm’s 50 day moving average price is $655.78 and its two-hundred day moving average price is $625.86. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $779.82.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter in the previous year, the company posted $7.14 EPS. Meta Platforms’s revenue for the quarter was up 28.0% on a year-over-year basis. Sell-side analysts forecast that Meta Platforms, Inc. will post 28.15 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were issued a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.91%.

Key Meta Platforms News

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

Positive Sentiment: Bank of America expects Meta to exceed third-quarter revenue expectations, forecasting $63.8 billion versus a $63.3 billion consensus estimate, and maintained a Buy rating with an $810 price target. Meta expected to beat revenue forecasts as AI boosts advertising, says Bank of America
Positive Sentiment: Meta released the open-weight Muse Spark model for coding and AI-agent tasks, while its collaboration with Apple enables developers to run the model locally on high-end Mac computers. The developments could broaden adoption of Meta’s AI technology and reduce reliance on cloud infrastructure. Meta releases open-weight Muse Spark model
Positive Sentiment: JPMorgan reaffirmed its Overweight rating and set a $920 price target, implying substantial upside, while other analysts including KeyCorp and Rosenblatt also maintained positive ratings. JPMorgan reaffirms Meta rating
Neutral Sentiment: Meta is expected to report third-quarter results on October 21. Investors will focus on advertising growth, user metrics, profitability, capital expenditures, and management’s outlook for AI infrastructure spending. Meta Q3 earnings estimates
Neutral Sentiment: Meta withdrew $25 million from a previously announced $65 million effort to support political candidates considered favorable to the AI industry. The move may reduce near-term spending but signals a change in its political strategy. Meta Withdraws $25 Million from Its Midterms Push
Negative Sentiment: Analyst-related pressure is weighing on the stock after Goldman Sachs lowered its expectations and Meta was reported down following an analyst downgrade, countering the more bullish JPMorgan view. Meta stock price down on analyst downgrade
Negative Sentiment: Investors remain concerned that AI infrastructure spending could reach approximately $205 billion in 2027. Heavy capital expenditures are reducing free cash flow, while potential legal charges and regulatory scrutiny add to earnings risk. Meta AI spending could hit $205 billion
Negative Sentiment: Seven U.S. senators are questioning Meta’s claim of $6.6 billion in research tax credits for AI data centers, creating potential tax liability and reputational risk. Senators question Meta AI data-center tax credits

Meta Platforms Profile

(Free Report)

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.