Meta Platforms, Inc. $META Shares Acquired by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust increased its Meta stake by 1.7% in the second quarter to 101,098 shares valued at approximately $56.9 million. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $785.32, despite several firms recently lowering their targets.
• Meta’s second-quarter revenue rose 28% year over year to $60.8 billion and beat expectations, but EPS missed estimates by $1.01. Investors remain focused on whether heavy AI infrastructure spending will pressure margins and generate sufficient long-term returns.

MassMutual Private Wealth & Trust FSB boosted its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,098 shares of the social networking company's stock after purchasing an additional 1,731 shares during the quarter. Meta Platforms comprises 1.5% of MassMutual Private Wealth & Trust FSB's portfolio, making the stock its 14th largest position. MassMutual Private Wealth & Trust FSB's holdings in Meta Platforms were worth $56,947,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC raised its stake in shares of Meta Platforms by 17.4% in the 1st quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock valued at $10,299,000 after acquiring an additional 2,670 shares during the period. Keybank National Association OH increased its position in shares of Meta Platforms by 15.7% during the fourth quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock worth $88,319,000 after acquiring an additional 18,169 shares during the last quarter. WMS Group LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at approximately $876,000. Consolidated Investment Group LLC raised its holdings in Meta Platforms by 61.2% in the fourth quarter. Consolidated Investment Group LLC now owns 7,900 shares of the social networking company's stock valued at $5,215,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of 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 purchasing an additional 7,269,279 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

META has been the topic of several research reports. Mizuho set a $750.00 price target on Meta Platforms in a research report on Thursday, July 30th. Erste Group Bank raised shares of Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Bank of America cut their target price on Meta Platforms from $835.00 to $810.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Piper Sandler reaffirmed an "overweight" rating and issued a $785.00 price target (down from $800.00) on shares of Meta Platforms in a research note on Thursday, July 30th. Finally, Citigroup 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, July 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $785.32.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $587.94 on Wednesday. The stock has a market cap of $1.49 trillion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 1.00 and a beta of 1.25. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. 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 business has a fifty day simple moving average of $600.27 and a 200-day simple moving average of $622.36.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. During the same period last year, the company earned $7.14 earnings per share. Meta Platforms's revenue for the quarter was up 28.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 28.7 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. Investors of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is currently 7.91%.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 500 shares of the firm's stock in a transaction on Wednesday, July 1st. The shares were 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 trade represents a 12.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the firm's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $607.85, for a total value of $508,770.45. Following the transaction, the chief operating officer owned 6,290 shares in the company, valued at approximately $3,823,376.50. This trade represents a 11.74% 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. Insiders have sold a total of 37,770 shares of company stock valued at $23,034,051 over the last ninety days. Company insiders own 13.53% of the company's stock.

Key Meta Platforms News

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

• Positive Sentiment: Meta’s second-quarter revenue rose 28% year over year to $60.8 billion, exceeding expectations, while AI-powered recommendations and ad tools are improving user engagement and monetization. Some analysts and investors view the post-earnings selloff as an attractive entry point because the core advertising business remains strong. META Q2 Deep Dive: AI Investment Drives Engagement as Margins Face Pressure
• Positive Sentiment: Several commentaries argue that Meta’s large AI investment could support longer-term growth rather than represent wasteful spending. Optimistic analysts point to the company’s scale, advertising cash flow and potential for AI to strengthen recommendations, ad targeting and new products. 28% Revenue Growth Ignored: Why Panic-Selling Meta Stock Over Infrastructure Spend Is a Mistake
• Neutral Sentiment: Meta is scheduled to participate in White House discussions with other leading AI companies about voluntary safety testing for advanced models following concerns about rogue AI agents. The meeting could improve regulatory relations, although it also highlights growing oversight risks for Meta’s AI initiatives. Meta, Anthropic, Google, OpenAI to Meet With Trump White House
• Negative Sentiment: Investors remain concerned about the scale and duration of Meta’s AI infrastructure commitments. Meta and other Big Tech companies have roughly $1.09 trillion in future payments under data-center leases, increasing fixed obligations before the spending generates returns. Meta also missed quarterly EPS expectations and issued revenue guidance below consensus, raising concerns about margin pressure and execution. AI Data-Centre Race Builds $1 Trillion Lease Burden for Big Tech

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.

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