Swiss National Bank Has $3.66 Billion Stock Holdings in Meta Platforms, Inc. $META

Swiss National Bank grew its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,392,600 shares of the social networking company's stock after purchasing an additional 446,640 shares during the period. Meta Platforms comprises approximately 2.1% of Swiss National Bank's investment portfolio, making the stock its 8th biggest holding. Swiss National Bank owned approximately 0.25% of Meta Platforms worth $3,657,398,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in META. Brighton Jones LLC increased its stake in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its stake in shares of Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after buying an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in shares of Meta Platforms in the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC bought a new position in shares of Meta Platforms in the 2nd quarter valued at about $322,000. Institutional investors own 79.91% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on META. UBS Group dropped their target price on Meta Platforms from $865.00 to $766.00 and set a "buy" rating on the stock in a report on Monday, July 13th. Raymond James Financial raised their price target on Meta Platforms from $825.00 to $850.00 and gave the company a "strong-buy" rating in a research note on Tuesday. Benchmark started coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set a "buy" rating on the stock. Truist Financial cut their price objective on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Finally, Wedbush initiated coverage on shares of Meta Platforms in a research note on Thursday, July 16th. They issued a "neutral" rating and a $671.00 target price for the company. Five research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $835.64.

Meta Platforms Stock Performance

META opened at $606.10 on Friday. 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, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The business has a 50 day moving average of $604.90 and a 200-day moving average of $625.98. The stock has a market cap of $1.53 trillion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.04 and a beta of 1.25.

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. 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 for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the firm earned $6.43 EPS. The firm's revenue was up 33.1% compared to the same quarter last year. On average, equities research analysts expect that Meta Platforms, Inc. will post 30.07 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, June 15th. Meta Platforms's payout ratio is currently 7.63%.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares of the company's stock, valued at $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The sale 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, CFO Susan J. Li sold 9,195 shares of the firm's stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the sale, the chief financial officer owned 13,186 shares of the company's stock, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 37,948 shares of company stock valued at $23,184,319 over the last three months. Company insiders own 13.53% of the company's stock.

Meta Platforms News Roundup

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

• Positive Sentiment: A Florida teen dropped a social-media addiction lawsuit against Meta before trial, reducing near-term legal pressure and removing a potential headline risk for the company. Reuters article
• Positive Sentiment: Wells Fargo reportedly raised its price target on Meta, reinforcing Wall Street’s bullish long-term view despite near-term volatility. Article
• Positive Sentiment: Jefferies said Meta’s AI glasses could become a meaningful long-term hardware growth opportunity, highlighting the company’s first-mover advantage in AI wearables. Article
• Positive Sentiment: Analysts and commentators continue to point to strong demand for Meta’s data-center and AI infrastructure buildout, with some seeing that spending as evidence of aggressive positioning in the AI race. Article
• Neutral Sentiment: Meta launched a new AI-optimism ad campaign and Zuckerberg has been publicly pushing back against “AI doomerism,” but the messaging also highlights ongoing backlash over AI risks and product criticism. Article
• Neutral Sentiment: Meta’s stock is in focus ahead of earnings, with some technical traders noting it is trading below several key moving averages and could remain volatile if results or guidance disappoint. Article
• Negative Sentiment: Meta dropped out of a major clean-energy pact while its natural-gas power buildout accelerates, which could fuel criticism from ESG-focused investors and increase scrutiny of its AI infrastructure strategy. Article
• Negative Sentiment: Several reports suggest investors are worried about Meta’s heavy AI capex, with comparisons to other megacap tech names showing the market is increasingly focused on whether spending will pay off. Article

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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