Meta Platforms, Inc. $META Stake Increased by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 5.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,891 shares of the social networking company’s stock after buying an additional 2,733 shares during the period. Meta Platforms comprises approximately 0.9% of GRIMES & Co WEALTH MANAGEMENT LLC’s portfolio, making the stock its 20th biggest position. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Meta Platforms were worth $37,373,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Meta Platforms by 0.8% in the 2nd 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 period. State Street Corp grew its position 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 in the last quarter. Geode Capital Management LLC grew its position in Meta Platforms by 1.3% during the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after purchasing an additional 682,768 shares in the last quarter. Norges Bank acquired a new position in Meta Platforms in the 2nd quarter valued at approximately $23,155,393,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Meta Platforms by 1.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock worth $10,694,644,000 after buying an additional 262,550 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Trading Down 2.6%

Shares of META stock opened at $604.12 on Wednesday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a market cap of $1.52 trillion, a PE ratio of 26.68, a price-to-earnings-growth ratio of 1.22 and a beta of 1.29. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $640.33 and its two-hundred day moving average is $698.52.

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

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction dated Saturday, November 15th. The stock was sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares of the company’s stock, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 2,610 shares of the stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $1,590,690.60. Following the sale, the chief operating officer owned 9,784 shares of the company’s stock, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 40,115 shares of company stock valued at $24,741,055 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Meta Platforms News Roundup

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

• Positive Sentiment: Threads’ mobile daily users have reportedly passed X, indicating stronger engagement that could help ad monetization and user-growth narrative. Read More.
• Positive Sentiment: Instagram is shifting most ad inventory into Reels (over half of Instagram ads in 2025), supporting the company’s short‑form video monetization strategy. Read More.

Wall Street Analysts Forecast Growth

META has been the topic of several research analyst reports. Wedbush lowered their price target on shares of Meta Platforms from $920.00 to $880.00 and set an “outperform” rating on the stock in a report on Friday, December 19th. Wells Fargo & Company lowered their target price on Meta Platforms from $802.00 to $795.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $825.00 target price (down from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Erste Group Bank lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Stifel Nicolaus lowered their price target on Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Four research 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $821.07.

Meta Platforms Company 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.