Coronation Fund Managers Ltd. Increases Stock Position in Meta Platforms, Inc. $META

Coronation Fund Managers Ltd. raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 57.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,489 shares of the social networking company’s stock after acquiring an additional 30,409 shares during the quarter. Meta Platforms makes up 2.5% of Coronation Fund Managers Ltd.’s portfolio, making the stock its 12th biggest position. Coronation Fund Managers Ltd.’s holdings in Meta Platforms were worth $55,110,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in META. Brighton Jones LLC boosted its stake in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in 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 valued at $5,537,000 after acquiring an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its stake in 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 valued at $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Meta Platforms during the 2nd quarter valued at $213,000. Finally, Capital & Planning LLC bought a new position in Meta Platforms during the 2nd quarter valued at $322,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Up 1.3%

Meta Platforms stock opened at $612.88 on Thursday. The firm’s 50-day moving average is $628.12 and its 200-day moving average is $646.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market cap of $1.55 trillion, a P/E ratio of 22.28, a PEG ratio of 1.05 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same period last year, the firm posted $6.43 EPS. The company’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, equities analysts expect that Meta Platforms, Inc. will post 30.03 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 7.63%.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 2,778 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the sale, the chief operating officer owned 10,557 shares of the company’s stock, valued at $6,645,103.65. This trade represents a 20.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the sale, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 168,193 shares of company stock worth $107,642,717. 13.61% of the stock is currently owned by insiders.

Meta Platforms News Summary

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

• Positive Sentiment: Strong Q1 execution — analysts and coverage emphasize Meta’s beat on revenue and EPS and continued ad/margin strength, underpinning investor confidence in cash flow to fund AI investment. Meta: Keep Calm And Focus On Muse, Spark, And Record Revenue Growth
• Positive Sentiment: AI product roadmap — multiple reports (FT/Reuters) say Meta is building advanced, agentic personal AI assistants and consumer-facing agents, reinforcing the company’s long-term TAM for AI monetization. This helps justify heavy capex for AI infrastructure. Meta plans advanced ‘agentic’ AI assistant for users, FT reports
• Positive Sentiment: Capex demand signal from suppliers — a MarketBeat piece highlights Corning’s $6B supply deal with Meta as part of hyperscale optical contracts, signaling durable infrastructure spend that supports Meta’s AI buildout. Light Speed Returns: Corning Cashes In on NVIDIA Growth
• Neutral Sentiment: Insider activity — Meta COO Javier Olivan sold shares via a pre-arranged Rule 10b5‑1 plan (reported May 4), reducing his holdings; typical for planned programmatic selling and not an immediate red flag. SEC Filing: Javier Olivan ownership
• Neutral Sentiment: Analyst moves — Mizuho trimmed its price target slightly (from $850 to $835) but kept an outperform view, reflecting continued bullishness despite higher AI spending and elevated valuation debate. Benzinga coverage
• Negative Sentiment: Copyright suits and publisher litigation — major publishers (Elsevier, Macmillan, McGraw Hill, etc.) filed suits alleging Meta used copyrighted works to train Llama; litigation could lead to damages or costly settlements and increases model deployment risk. Major publishers sue Meta for copyright infringement over AI training
• Negative Sentiment: Regulatory & litigation pressure — Meta asked a judge to overturn a landmark social‑media addiction verdict and faces state actions seeking large damages; EU/Irish probes and potential orders on WhatsApp also raise compliance costs and uncertainty. Meta asks California judge to throw out landmark social media addiction verdict

Analysts Set New Price Targets

META has been the topic of a number of research analyst reports. Evercore increased their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. KeyCorp reiterated an “overweight” rating and set a $760.00 price objective on shares of Meta Platforms in a research note on Thursday, April 30th. Citizens Jmp reiterated a “market outperform” rating and set a $900.00 price objective on shares of Meta Platforms in a research note on Tuesday, April 21st. Bank of America reduced their price objective on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Piper Sandler reiterated an “overweight” rating and set a $800.00 price objective (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $840.31.

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.