Heron Bay Capital Management Has $17.59 Million Stock Position in Meta Platforms, Inc. $META

Heron Bay Capital Management reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,953 shares of the social networking company’s stock after selling 2,306 shares during the period. Meta Platforms accounts for about 3.3% of Heron Bay Capital Management’s investment portfolio, making the stock its 10th largest holding. Heron Bay Capital Management’s holdings in Meta Platforms were worth $17,591,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of META. Vanguard Group Inc. lifted its holdings in shares of Meta Platforms by 0.8% during the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after purchasing an additional 1,532,568 shares during the last quarter. State Street Corp grew its stake in shares of 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 buying an additional 1,650,435 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Meta Platforms by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after buying an additional 682,768 shares during the last quarter. Norges Bank bought a new position in Meta Platforms during the 2nd quarter valued at approximately $23,155,393,000. Finally, Charles Schwab Investment Management Inc. increased its position in Meta Platforms by 1.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock valued at $10,694,644,000 after buying an additional 262,550 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on META. Argus reissued a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a report on Monday, February 2nd. Wells Fargo & Company raised their price target on Meta Platforms from $849.00 to $856.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Canaccord Genuity Group lifted their price target on Meta Platforms from $900.00 to $930.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. BMO Capital Markets upped 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. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $844.44.

Insider Transactions at Meta Platforms

In other news, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Javier Olivan sold 926 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $637.21, for a total transaction of $590,056.46. Following the transaction, the chief operating officer owned 16,113 shares in the company, valued at approximately $10,267,364.73. This trade represents a 5.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 159,891 shares of company stock worth $102,464,356 over the last three months. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Stock Up 1.0%

META stock opened at $654.07 on Wednesday. The stock has a market capitalization of $1.65 trillion, a P/E ratio of 27.83, a P/E/G ratio of 1.00 and a beta of 1.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business has a fifty day moving average price of $654.53 and a 200-day moving average price of $679.33.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. During the same period last year, the firm posted $8.02 earnings per share. Meta Platforms’s revenue was up 23.8% compared to the same quarter last year. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta acquired Moltbook, a viral social network built for AI agents, and will bring Moltbook founders into its Superintelligence Labs — a hire-and-build move that strengthens Meta’s AI research and product roadmap, reinforcing the company’s long-term AI leadership case. Article Title
• Positive Sentiment: AMD announced a multiyear mega-deal to supply large-scale AI compute infrastructure to Meta — this supports Meta’s ability to scale AI training and products, and signals capital deployment toward compute that underpins revenue-generating AI services. Article Title
• Positive Sentiment: High-profile investor interest and bullish commentary (e.g., Bill Ackman inclusion and articles naming Meta a leading Magnificent 7 pick) are supporting sentiment and could attract fresh inflows into META shares. Article Title
• Neutral Sentiment: Meta publicly denied reports that CEO Mark Zuckerberg sidelined Chief AI Officer Alexandr Wang, aiming to shore up internal stability and reassure investors about continuity in AI leadership. This reduces short-term governance uncertainty. Article Title
• Neutral Sentiment: Former Meta AI chief Yann LeCun’s startup AMI raised ~$1.03B on a large valuation — a sign of strong investor appetite for alternative AI approaches and a reminder that top AI talent and innovation can show up outside Meta; potential competitive signal but not an immediate revenue threat. Article Title
• Negative Sentiment: Meta will charge advertisers a location fee (2%–5%) to offset digital services taxes in some European countries — this raises the effective cost to advertisers, could pressure ad demand or margins in the region, and is being adopted by other big ad platforms as well. Article Title
• Negative Sentiment: A Dutch appeals court upheld a ruling requiring Meta to offer chronological feeds in the Netherlands, limiting use of profiling-based ranking there — a regulatory/operational constraint that could increase compliance costs and set precedents for other jurisdictions. Article Title

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.