Pictet Asset Management Holding SA Has $1.13 Billion Holdings in Meta Platforms, Inc. $META

Key Points

• Pictet Asset Management trimmed its Meta stake by 3.7% to 1,705,456 shares—worth about $1.13 billion—making META its ninth-largest holding, and institutional investors own roughly 79.9% of the stock.
• Meta delivered a strong Q1 beat with $10.44 EPS vs. $6.67 expected and revenue of $56.31 billion (up 33.1% YoY), supporting a consensus "Moderate Buy" and a MarketBeat target of about $840.
• Risks include large planned 2026 capex (estimated $125–$145B plus ~$10B for AI) and notable insider selling in recent months, which could add near-term pressure despite the company’s strong results.

Pictet Asset Management Holding SA lessened its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,705,456 shares of the social networking company's stock after selling 64,628 shares during the period. Meta Platforms accounts for approximately 1.1% of Pictet Asset Management Holding SA's holdings, making the stock its 9th biggest position. Pictet Asset Management Holding SA owned about 0.07% of Meta Platforms worth $1,125,730,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its stake in Meta Platforms by 3.8% during 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 during the period. State Street Corp boosted its stake in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the period. Capital World Investors boosted its stake in Meta Platforms by 0.7% in the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company's stock worth $28,823,375,000 after purchasing an additional 278,180 shares during the period. Invesco Ltd. grew its holdings in Meta Platforms by 0.8% during the 3rd quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company's stock valued at $12,597,374,000 after buying an additional 142,229 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in Meta Platforms by 4.1% during the 3rd quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company's stock valued at $10,525,258,000 after buying an additional 558,792 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

META stock opened at $616.81 on Friday. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The firm has a market capitalization of $1.56 trillion, a P/E ratio of 22.42, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The company has a fifty day simple moving average of $627.67 and a two-hundred day simple moving average of $645.30. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business's quarterly revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the firm posted $6.43 EPS. Analysts anticipate that Meta Platforms, Inc. will post 29.67 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's payout ratio is presently 7.63%.

Insider Buying and Selling

In other news, COO Javier Olivan sold 926 shares of the firm's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $607.74, for a total value of $562,767.24. Following the completion of the sale, the chief operating officer directly owned 7,779 shares of the company's stock, valued at $4,727,609.46. This trade represents a 10.64% decrease in their position. 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, Director Robert M. Kimmitt sold 580 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the transaction, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. This represents a 13.10% decrease in their position. 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. Over the last 90 days, insiders have sold 168,193 shares of company stock worth $107,642,717. Company insiders own 13.61% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on META shares. Weiss Ratings reissued a "buy (b)" rating on shares of Meta Platforms in a report on Friday, March 27th. Truist Financial reduced their price target on shares of Meta Platforms from $900.00 to $840.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. BMO Capital Markets boosted their price target on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a "market perform" rating in a research note on Thursday, January 29th. Wedbush increased their price objective on shares of Meta Platforms from $880.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.31.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Q1 beat and valuation support — analysts highlight a 33% revenue increase and large EPS beat, arguing META is undervalued after the pullback; this reinforces buy thesis given strong ad monetization and cash flow. Meta Is Undervalued, But Will Need A Second Growth Engine (Rating Upgrade)
• Positive Sentiment: Institutional accumulation — Fisher Asset Management recently increased its Meta stake, signaling continued confidence from large investors and supporting near-term demand for shares. Fisher Asset Management Boosts Meta Stake With 75,590 Shares
• Positive Sentiment: Data-center demand validation — Corning disclosed a multi-year, $6B supply agreement that names Meta among hyperscale customers, validating ongoing infrastructure commitment that underpins Meta’s AI/data-center strategy. Light Speed Returns: Corning Cashes In on NVIDIA Growth
• Neutral Sentiment: Product roadmap — reports say Meta is building a consumer-friendly agentic AI assistant, which could drive longer-term user/product monetization but is still early-stage. Big Tech's Personal AI Agents Are Coming for the to-Do List
• Neutral Sentiment: Financing activity — Bloomberg-sourced reports say Meta is working on up to ~$13B in data-center financing for an El Paso build; that eases near-term cash outflow but also signals large ongoing capital needs. Here’s Why Meta Platforms (META) Is Among the 10 Strong Buy S&P 500 Stocks to Invest In
• Neutral Sentiment: Legal update — Meta has asked a judge to overturn a landmark jury verdict in a social-media addiction case; an appeal reduces immediate downside but legal overhang remains. Meta asks California judge to throw out landmark social media addiction verdict
• Negative Sentiment: Massive capex concern — coverage highlights Meta’s projected 2026 capex of $125–$145B (plus an extra $10B on AI), which keeps investors anxious about cash deployment, near-term margins, and capital returns. Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.
• Negative Sentiment: Insider selling — COO Javier Olivan executed stock sales under a 10b5-1 plan; while pre-arranged, such disclosures can add to short-term selling pressure. SEC filing: Javier Olivan insider sale
• Negative Sentiment: Analyst pushback — some firms (eg. Mizuho) have trimmed expectations, reflecting concern that ad growth and margin leverage may slow as Meta scales heavy infra spending. Mizuho Has Lowered Expectations for Meta Platforms NASDAQ: META Stock Price

Meta Platforms Company 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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