Meta Platforms, Inc. $META Position Boosted by State of Michigan Retirement System

Posted by Brian Himes on Jul 19th, 2026

State of Michigan Retirement System grew its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 0.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 849,414 shares of the social networking company’s stock after purchasing an additional 1,100 shares during the period. Meta Platforms makes up approximately 2.6% of State of Michigan Retirement System’s holdings, making the stock its 6th largest holding. State of Michigan Retirement System’s holdings in Meta Platforms were worth $485,975,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. RHL Group LLC acquired a new position in Meta Platforms during the fourth quarter valued at approximately $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms in the fourth quarter worth $29,000. Niles Investment Management LLC purchased a new position in shares of Meta Platforms in the 4th quarter valued at $29,000. Bayban raised its stake in shares of Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 35 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of Meta Platforms during the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the transaction, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $8,014,978.24. This represents a 41.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Curtis J. Mahoney sold 2,079 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total value of $1,268,023.68. Following the transaction, the insider owned 1,118 shares of the company’s stock, valued at approximately $681,890.56. This trade represents a 65.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 39,503 shares of company stock worth $24,241,859. Company insiders own 13.53% of the company’s stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $646.01 on Friday. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The company has a market capitalization of $1.63 trillion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25. The firm’s fifty day moving average price is $603.17 and its 200 day moving average price is $627.00.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the company posted $6.43 EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 29.46 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is 7.63%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on META. UBS Group decreased their price target on shares of Meta Platforms from $865.00 to $766.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Weiss Ratings cut Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Sanford C. Bernstein decreased their target price on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a research report on Wednesday, July 8th. Finally, The Goldman Sachs Group lowered Meta Platforms from a “buy” rating to a “sell” rating in a research note on Tuesday, June 2nd. Three analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $830.45.

View Our Latest Research Report on Meta Platforms

Trending Headlines about Meta Platforms

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

Positive Sentiment: Meta is reportedly in early talks to lease computing power to Anthropic in a potential deal worth up to $10 billion. Investors view that as a possible new revenue stream that would help Meta monetize its AI infrastructure and validate demand for its computing capacity. Article Title
Positive Sentiment: Meta also unveiled its newest AI model, Muse Spark 1.1, and the company is reportedly considering a broader cloud push. Together, those moves reinforce the idea that Meta can turn heavy AI spending into products and services that generate returns. Article Title
Positive Sentiment: Analysts remain constructive on Meta’s earnings outlook, with Erste Group raising its FY2027 EPS estimate and maintaining a Buy rating. That adds to the bullish case heading into the next earnings report. Article Title
Neutral Sentiment: A federal judge declined to block Meta from laying off workers who filed an AI discrimination lawsuit. The ruling removes an immediate legal obstacle, but the underlying claims over alleged bias in AI-driven job cuts still create headline risk. Article Title
Negative Sentiment: Meta is also facing scrutiny from employees over AI-assisted layoffs, with allegations that its tools discriminated against protected groups. That could keep legal and reputational pressure on the stock. Article Title

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.