Meta Platforms, Inc. $META Shares Purchased by KG&L Capital Management LLC

KG&L Capital Management LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 24.4% in the third quarter, HoldingsChannel.com reports. The firm owned 16,291 shares of the social networking company’s stock after buying an additional 3,194 shares during the period. Meta Platforms comprises about 3.2% of KG&L Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. KG&L Capital Management LLC’s holdings in Meta Platforms were worth $11,964,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of META. Kingstone Capital Partners Texas LLC lifted its holdings in Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Norges Bank acquired a new position in shares of Meta Platforms in the 2nd quarter worth approximately $23,155,393,000. Laurel Wealth Advisors LLC raised its holdings in shares of Meta Platforms by 73,443.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock worth $6,212,506,000 after purchasing an additional 8,405,558 shares in the last quarter. State Street Corp lifted its stake in Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in 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 worth $142,149,566,000 after buying an additional 1,532,568 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 1.1%

Shares of NASDAQ META opened at $653.06 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The business has a 50-day moving average price of $641.26 and a two-hundred day moving average price of $703.52. The firm has a market capitalization of $1.65 trillion, a PE ratio of 28.85, a PEG ratio of 1.29 and a beta of 1.29.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm’s revenue was up 26.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.03 earnings per share. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were given a $0.525 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 9.28%.

Analyst Ratings Changes

Several research firms have issued reports on META. Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. UBS Group lifted their target price on Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Citigroup reaffirmed a “buy” rating on shares of Meta Platforms in a report on Thursday, December 4th. Robert W. Baird dropped their price target on Meta Platforms from $820.00 to $815.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 23rd. Finally, BNP Paribas Exane started coverage on Meta Platforms in a report on Monday, November 24th. They set an “outperform” rating and a $800.00 price objective on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $822.89.

Key Meta Platforms News

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

• Positive Sentiment: Secured multi‑gigawatt nuclear power deals (Vistra, TerraPower, Oklo) to supply Meta’s Prometheus AI data center — long‑dated agreements help lock in reliable, low‑carbon capacity for heavy AI compute and reduce power‑supply risk for future growth. Meta strikes nuclear power agreements with three companies
• Positive Sentiment: Nuclear deals receive broad coverage (TechCrunch, Bloomberg) and have already lifted shares of partners (Oklo, Vistra) — a signal markets view the agreements as material to Meta’s AI infrastructure buildout and future margins. Meta signs deals with three nuclear companies for 6+ GW
• Positive Sentiment: Strong demand signals for Meta’s Ray‑Ban Display AI glasses — company paused international rollout because U.S. demand outstripped limited inventory, which supports upside for Reality Labs if Meta can scale production. Meta’s New AI Glasses See “Unprecedented Demand”
• Neutral Sentiment: Analyst activity mixed but constructive: some price targets trimmed (Guggenheim lowered its target) yet many firms retain Buy/Outperform views given AI growth and healthy fundamentals — watch updates for guidance impact. Guggenheim price target note
• Negative Sentiment: Regulatory risk in China — Beijing announced a probe/assessment of Meta’s ~$2B Manus acquisition to check export/security compliance; this creates near‑term transaction uncertainty and geopolitical headline risk. China to assess/investigate Manus deal
• Negative Sentiment: Insider selling: COO Javier Oliván disclosed small, regular share sales — routine but sometimes interpreted by market participants as a mild near‑term negative signal. SEC filing: Javier Oliván sale

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $646.00, for a total transaction of $374,680.00. Following the transaction, the director directly owned 6,167 shares in the company, valued at $3,983,882. The trade was a 8.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $650.41, for a total value of $336,261.97. Following the sale, the chief operating officer owned 11,683 shares of the company’s stock, valued at approximately $7,598,740.03. This represents a 4.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,038 shares of company stock valued at $25,500,705 in the last quarter. Company insiders own 13.61% of the company’s stock.

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.