Meta Platforms, Inc. $META Shares Acquired by Xponance LLC

Key Points

• Xponance LLC increased its Meta stake by 6.2% in the fourth quarter, adding 30,793 shares to bring its total to 528,966 shares worth about $349.2 million. Meta now represents about 2.6% of Xponance’s portfolio and is its 7th-largest holding.
• Meta reported strong quarterly results, with EPS of $10.44 beating estimates by a wide margin and revenue rising 33.1% year over year to $56.31 billion. Analysts still expect the company to earn 29.35 EPS for the current fiscal year.
• Meta also announced a quarterly dividend of $0.525 per share, payable on June 25, for an annualized payout of $2.10 and a yield of 0.4%. Institutional ownership remains high at 79.91%, while insiders have sold shares recently.

Xponance LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 528,966 shares of the social networking company's stock after buying an additional 30,793 shares during the quarter. Meta Platforms accounts for about 2.6% of Xponance LLC's portfolio, making the stock its 7th largest holding. Xponance LLC's holdings in Meta Platforms were worth $349,165,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms in the 3rd quarter valued at about $26,000. RHL Group LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at about $29,000. Key Capital Management INC acquired a new position in shares of Meta Platforms in the 4th quarter valued at about $48,000. Finally, Entrust Financial LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at about $48,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Price Performance

NASDAQ:META opened at $568.43 on Friday. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The stock has a 50 day moving average of $621.39 and a two-hundred day moving average of $636.37. 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 cap of $1.44 trillion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 1.01 and a beta of 1.23.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping 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 company had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the business earned $6.43 EPS. Meta Platforms's quarterly revenue was up 33.1% on a year-over-year basis. On average, analysts expect that Meta Platforms, Inc. will post 29.35 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Meta Platforms News Summary

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

• Positive Sentiment: Morgan Stanley reiterated Meta as a “best forever stock,” saying investors are underestimating the company’s widening competitive moat as it pours money into AI infrastructure and keeps strengthening its core business. This is why Morgan Stanley Views Meta Platforms, Inc. (META) as one of the Best Forever Stocks to buy
• Positive Sentiment: Meta deepened its partnership with Reliance Industries to build its first AI-enabled data center in India, reinforcing its global AI expansion and suggesting continued investment in future growth. Billionaire Mukesh Ambani’s Reliance To Build First Data Center For Meta Platforms In India
• Positive Sentiment: Multiple bullish notes highlighted Meta as a high-quality AI and “forever” compounder stock, with analysts and hedge-fund-related commentary signaling that the recent pullback may be creating a buying opportunity. Are Investors Overlooking Meta Platforms Stock?
• Neutral Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Meta, but kept a Hold rating, which is supportive but not a strong catalyst. Meta Platforms, Inc. NASDAQ: META - Free Report
• Neutral Sentiment: Industry commentary around Meta’s data-center buildout and AI capex is increasingly skeptical, with some reports warning that investor concerns about rising spending and unclear near-term returns may keep pressure on the stock. Meta navigates AI investment cycle as Street weighs costs against returns
• Negative Sentiment: Meta’s subscription push and broader AI strategy are facing criticism for exposing weaker near-term monetization beyond advertising, raising concern that the company may have to spend heavily before new revenue streams scale. Meta's Subscription Push Exposes Its Weak Hand in AI
• Negative Sentiment: Meta and Google were denied a new trial in the youth social media addiction case, leaving a legal overhang in place that could increase regulatory and litigation risk. Google and Meta denied new trial in youth social media addiction case
• Negative Sentiment: Reports of an Instagram account breach tied to an AI bug add to concerns about platform security and product risk. Hackers Breach 20K Instagram Accounts Due to AI Bug

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on META. Susquehanna raised Meta Platforms from a "positive" rating to a "positive" rating in a report on Tuesday, June 2nd. Roth Mkm reissued a "buy" rating on shares of Meta Platforms in a report on Thursday, April 30th. Truist Financial cut their price target on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a research note on Thursday, April 30th. Tigress Financial lifted their price target on Meta Platforms from $935.00 to $945.00 and gave the company a "strong-buy" rating in a research note on Wednesday, March 18th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $1,015.00 price target on shares of Meta Platforms in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Meta Platforms presently has an average rating of "Moderate Buy" and an average target price of $840.60.

Insiders Place Their Bets

In other news, insider Curtis J. Mahoney sold 2,079 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares in the company, valued at $681,890.56. This represents a 65.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the company's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $629.29, for a total value of $526,715.73. Following the completion of the sale, the chief operating officer owned 12,986 shares of the company's stock, valued at $8,171,959.94. This trade represents a 6.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 41,305 shares of company stock valued at $25,567,928. Insiders own 13.53% of the company's stock.

Meta Platforms Profile

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.

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