Invesco Ltd. Raises Holdings in Meta Platforms, Inc. $META

Key Points

• Invesco Ltd. increased its Meta Platforms stake by 6.1% in the fourth quarter, adding more than 1 million shares and bringing its total position to 18.2 million shares valued at about $12.0 billion.
• Institutional ownership in Meta remains very high, with major firms like Vanguard, State Street, and Geode also boosting their positions; institutions and hedge funds now own 79.91% of the stock.
• Meta’s recent news flow is mixed but AI-focused: positive developments include new AI infrastructure deals, creator tools, and Threads reaching 500 million monthly active users, while regulatory, security, and executive-exit concerns continue to weigh on sentiment.

Invesco Ltd. lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,200,469 shares of the social networking company's stock after buying an additional 1,046,715 shares during the period. Meta Platforms comprises about 1.8% of Invesco Ltd.'s investment portfolio, making the stock its 6th largest holding. Invesco Ltd. owned 0.72% of Meta Platforms worth $12,013,948,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of META. Vanguard Group Inc. increased its stake in Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after buying an additional 7,269,279 shares during the last quarter. State Street Corp grew 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 valued at $59,963,463,000 after acquiring an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC grew 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 valued at $34,734,628,000 after acquiring an additional 878,396 shares in the last quarter. Capital World Investors increased its position in shares of Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock valued at $26,112,735,000 after acquiring an additional 310,947 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Meta Platforms by 2.2% in the fourth quarter. Morgan Stanley now owns 37,553,102 shares of the social networking company's stock valued at $24,788,429,000 after acquiring an additional 823,883 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta is expanding its AI infrastructure by signing new computing deals with Crusoe, which should help support its long-term AI buildout and capacity needs. Reuters: Meta signs new AI computing deals with data center firm Crusoe
• Positive Sentiment: Meta continues to strengthen its AI-led growth narrative through data center expansion in India and new creator-focused AI tools on Facebook, both of which could improve engagement and future monetization. Insider Monkey: Meta rolls out new AI features on Facebook for content creators
• Positive Sentiment: Threads has reached 500 million monthly active users, and Meta is adding new community and feed features, reinforcing the company’s platform growth beyond Facebook and Instagram. Yahoo Finance: Meta reaches 500 million Threads users
• Neutral Sentiment: Meta’s COO Javier Olivan disclosed another pre-planned stock sale, which is notable but not necessarily a fundamental signal since it was executed under a 10b5-1 plan. InsiderTrades: Meta COO sells stock
• Neutral Sentiment: Meta’s dividend and long-term shareholder-return profile are supportive, but this is unlikely to be the main short-term stock driver. Finbold: Meta to pay dividends next week
• Negative Sentiment: Reuters reported that Meta is lobbying Congress for legal protection from child-harm lawsuits, keeping regulatory and litigation risk in focus for investors. Reuters: Meta lobbies Congress for protection from child-harm lawsuits
• Negative Sentiment: Concerns around AI execution also weighed on sentiment after Reuters said a key executive overseeing Meta’s “AI for work” transformation is leaving the company. Reuters: Meta head of product for AI for work transformation is leaving company
• Negative Sentiment: Meta was also hit by reports that attackers exploited its AI customer support chatbot to compromise Instagram accounts, raising trust and security concerns around its AI tools. Yahoo Finance: Meta faces AI support breach as key internal AI executive exits

Analyst Ratings Changes

META has been the subject of several recent research reports. Bank of America reduced their price target on Meta Platforms from $885.00 to $820.00 and set a "buy" rating for the company in a research report on Monday, April 20th. Raymond James Financial raised Meta Platforms from an "underperform" rating to an "outperform" rating in a research report on Tuesday, June 2nd. Guggenheim cut their price objective on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Mizuho dropped their price target on shares of Meta Platforms from $850.00 to $835.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 5th. Finally, Piper Sandler began coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They issued an "overweight" rating for the company. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $840.60.

Insider Transactions at Meta Platforms

In related news, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the sale, the insider owned 1,118 shares of the company's stock, valued at approximately $681,890.56. The trade was a 65.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 504 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $629.29, for a total transaction of $317,162.16. Following the completion of the transaction, the director directly owned 3,943 shares in the company, valued at approximately $2,481,290.47. This represents a 11.33% 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. In the last 90 days, insiders sold 40,568 shares of company stock worth $25,057,365. 13.53% of the stock is owned by insiders.

Meta Platforms Stock Up 1.7%

META stock opened at $577.22 on Friday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The business's 50 day simple moving average is $621.98 and its 200 day simple moving average is $634.55. 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 firm has a market capitalization of $1.46 trillion, a PE ratio of 20.98, a PEG ratio of 1.01 and a beta of 1.23.

Meta Platforms (NASDAQ:META - Get 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 return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter last year, the firm posted $6.43 EPS. The company's quarterly revenue was up 33.1% on a year-over-year basis. As a group, research analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.

About Meta Platforms

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.