Pinnacle Wealth Management Advisory Group LLC Acquires 1,466 Shares of Meta Platforms, Inc. $META

Key Points

• Pinnacle Wealth Management increased its Meta Platforms stake by 8.3% in the second quarter, purchasing 1,466 additional shares and bringing its holdings to 19,032 shares valued at approximately $10.72 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $787.86, despite several firms lowering targets. Meta’s shares opened at $739.43, near the upper end of their 52-week range.
• Meta’s latest quarter showed 28% year-over-year revenue growth to $60.8 billion, though earnings per share missed estimates. Investors are weighing the potential of its AI initiatives against rising data-center costs, competitive threats, privacy concerns and regulatory scrutiny.

Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,032 shares of the social networking company's stock after purchasing an additional 1,466 shares during the period. Pinnacle Wealth Management Advisory Group LLC's holdings in Meta Platforms were worth $10,720,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Auto Owners Insurance Co boosted its stake in Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Meta Platforms by 1.7% during 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 during the last quarter. Norges Bank purchased a new stake in shares of Meta Platforms in the fourth quarter valued at about $22,152,075,000. Bank of America Corp DE grew its holdings in shares of Meta Platforms by 14.6% in the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock valued at $12,036,491,000 after purchasing an additional 2,673,494 shares during the period. Finally, Invesco Ltd. increased its position in Meta Platforms by 6.1% during the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock worth $12,013,948,000 after purchasing an additional 1,046,715 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

META has been the topic of several recent analyst reports. President Capital upgraded shares of Meta Platforms from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $660.00 to $897.00 in a report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft upped their price target on Meta Platforms from $750.00 to $820.00 and gave the stock a "buy" rating in a research note on Friday, September 25th. Tigress Financial restated a "strong-buy" rating and set a $945.00 price target (down from $995.00) on shares of Meta Platforms in a research report on Thursday, September 24th. Citic Securities dropped their target price on Meta Platforms from $770.00 to $718.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $800.00 price objective (down from $850.00) on shares of Meta Platforms in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $787.86.

Key Meta Platforms News

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

• Positive Sentiment: Meta expanded Muse for Small Business, adding integrations with Shopify, QuickBooks, Stripe, Canva, Dropbox and Slack. The initiative could create subscription, transaction and enterprise-software revenue streams while reducing the company’s reliance on digital advertising. Meta expands Muse AI agent for small businesses
• Positive Sentiment: Analysts highlighted Muse’s rapid adoption and potential to become a multibillion-dollar growth catalyst. Its integration with Meta’s large Facebook, Instagram, Messenger and WhatsApp user base may support future subscriptions, commerce fees, advertising improvements and AI-api revenue. Beyond advertising: analysts align on Meta Muse
• Positive Sentiment: Meta’s push into business AI was reinforced by its new Meta Enterprise Platform and the hiring of former MongoDB CEO Chirantan “CJ” Desai to lead the effort. The move signals an attempt to monetize substantial AI infrastructure spending through corporate customers. Meta launches enterprise AI platform
• Positive Sentiment: Monness Crespi & Hardt raised its META price target to $830 from $730 and maintained a Buy rating. Analysts also point to AI-driven increases in advertising engagement, clicks and conversions as evidence that current investments may strengthen Meta’s core business. Meta Platforms price target raised
• Neutral Sentiment: Meta CEO Mark Zuckerberg sold 27,474 shares for approximately $21.4 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance, it is not necessarily a signal about the company’s outlook. Mark Zuckerberg sells Meta shares
• Negative Sentiment: OpenAI unveiled its always-on Dots agents, creating a direct competitive threat to Muse in consumer and enterprise AI. Reports that Muse exposed private information, including a user’s address, also raise privacy, safety, regulatory and reputational risks. OpenAI unveils Dots agents
• Negative Sentiment: Investors continue to weigh Meta’s sharply higher AI and data-center expenses against uncertain returns. The company also faces scrutiny over teen safety, data practices and potential regulation, which could increase costs or constrain monetization.

Meta Platforms Price Performance

Shares of META opened at $739.43 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The firm has a 50-day simple moving average of $618.47 and a 200-day simple moving average of $613.86. The company has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 27.85, a price-to-earnings-growth ratio of 1.25 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.14 EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 27.94 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's dividend payout ratio is presently 7.91%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Christopher Cox sold 40,000 shares of Meta Platforms stock in a transaction on Monday, September 21st. The shares were sold at an average price of $712.76, for a total value of $28,510,400.00. Following the transaction, the insider owned 184,516 shares in the company, valued at $131,515,624.16. This trade represents a 17.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 946 shares of the company's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $680.27, for a total value of $643,535.42. Following the sale, the chief operating officer owned 9,770 shares of the company's stock, valued at $6,646,237.90. This represents a 8.83% 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. Insiders sold 150,307 shares of company stock worth $101,851,357 in the last 90 days. 13.53% of the stock is owned by company insiders.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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