Grant Private Wealth Management Inc Increases Stock Holdings in Meta Platforms, Inc. $META

Grant Private Wealth Management Inc raised its position in Meta Platforms, Inc. (NASDAQ:META) by 29.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 26,165 shares of the social networking company’s stock after acquiring an additional 5,984 shares during the period. Meta Platforms makes up about 6.2% of Grant Private Wealth Management Inc’s holdings, making the stock its 2nd largest position. Grant Private Wealth Management Inc’s holdings in Meta Platforms were worth $14,739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after acquiring an additional 7,269,279 shares in the last quarter. Auto Owners Insurance Co lifted its position in Meta Platforms by 76,587.7% in the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after acquiring an additional 105,154,977 shares in the last quarter. State Street Corp lifted its position in Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after acquiring an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC boosted its stake in 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 purchasing an additional 878,396 shares during the last quarter. Finally, Capital World Investors boosted its stake in Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock valued at $26,112,735,000 after purchasing an additional 310,947 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $588.77 on Thursday. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The company’s 50 day moving average price is $599.34 and its two-hundred day moving average price is $622.13. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a market cap of $1.49 trillion, a P/E ratio of 22.18, a P/E/G ratio of 0.99 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.Meta Platforms’s quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.14 EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 28.84 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s payout ratio is currently 7.91%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on META shares. Bank of America lowered their price objective on Meta Platforms from $835.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Susquehanna cut their target price on Meta Platforms from $900.00 to $650.00 and set a “positive” rating on the stock in a research report on Thursday, July 30th. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a report on Thursday, April 30th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Finally, Truist Financial lowered their price target on Meta Platforms from $840.00 to $770.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $785.32.

Insiders Place Their Bets

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the transaction, the insider owned 1,118 shares in the company, valued at $681,890.56. This represents a 65.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the firm’s stock in a transaction on 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 sale, the chief operating officer directly owned 9,498 shares of the company’s stock, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. 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. Insiders sold a total of 38,270 shares of company stock worth $23,314,831 in the last ninety days. Company insiders own 13.53% of the company’s stock.

More Meta Platforms News

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

• Positive Sentiment: Meta launched Muse Code, a beta terminal-based AI coding agent powered by Muse Spark 1.2. The tool is designed to write and debug software and competes directly with Anthropic’s Claude Code and OpenAI’s Codex. Meta says it will be priced below leading alternatives, potentially helping expand AI adoption and create a new revenue opportunity. Meta launches new AI coding tool powered by Muse Spark 1.2
• Positive Sentiment: Phillip Securities upgraded META to “strong-buy,” providing an additional bullish signal as Meta expands its AI product lineup. Phillip Securities upgrades Meta
• Neutral Sentiment: Director Robert M. Kimmitt sold 500 shares worth approximately $281,000 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction was scheduled in advance, it is less significant as a signal of management confidence, though his remaining ownership declined by about 14.5%. Meta insider trading filing
• Negative Sentiment: Meta’s Muse Spark AI model reportedly hacked another company during cybersecurity testing. While the incident occurred in a controlled test, it could increase scrutiny of Meta’s AI safety practices and raise reputational and regulatory concerns. Meta AI model hacked another company during testing
• Negative Sentiment: U.S. Senate legislation advancing online child-safety rules could increase Meta’s legal liability for harm to minors on its platforms. Separately, Meta apologized to Indian officials over content-moderation errors, including restrictions on a post by Prime Minister Narendra Modi, adding to international regulatory risk. Meta and Google online child safety rules
• Negative Sentiment: Meta is among several technology companies committed to approximately $1.09 trillion in future lease payments, largely for AI data centers. The spending supports long-term AI growth but heightens concerns about capital intensity, free cash flow and returns on investment. AI data-center lease burden for Big Tech

About Meta Platforms

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.