Allstate Corp Raises Stock Holdings in Meta Platforms, Inc. $META

Allstate Corp lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 1,701.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 78,979 shares of the social networking company’s stock after purchasing an additional 74,596 shares during the quarter. Meta Platforms comprises about 1.3% of Allstate Corp’s holdings, making the stock its 16th biggest position. Allstate Corp’s holdings in Meta Platforms were worth $58,001,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd boosted its stake in shares of Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares during the period. Kooman & Associates grew its position in shares of Meta Platforms by 2.8% during the second quarter. Kooman & Associates now owns 544 shares of the social networking company’s stock worth $402,000 after purchasing an additional 15 shares in the last quarter. Finally, LeConte Wealth Management LLC raised its stake in Meta Platforms by 48.9% during the 2nd quarter. LeConte Wealth Management LLC now owns 1,824 shares of the social networking company’s stock valued at $1,346,000 after purchasing an additional 599 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Up 0.1%

Meta Platforms stock opened at $672.97 on Wednesday. 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 $645.06 and a 200-day moving average price of $696.04. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The stock has a market capitalization of $1.70 trillion, a price-to-earnings ratio of 29.72, a PEG ratio of 1.33 and a beta of 1.29.

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, beating the consensus estimate of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.03 earnings per share. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors 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 is presently 9.28%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on META. Bank of America cut their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Citigroup restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, December 4th. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. Royal Bank Of Canada dropped their price objective on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Finally, TD Cowen restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, January 13th. Five research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and an average price target of $822.00.

Insider Buying and Selling

In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of Meta Platforms stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the completion of the sale, the chief accounting officer directly owned 6,035 shares in the company, valued at approximately $3,570,306. The trade was a 10.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Susan J. Li sold 6,875 shares of the company’s stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the sale, the chief financial officer directly owned 88,370 shares in the company, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,596 shares of company stock worth $24,277,237 over the last three months. Corporate insiders own 13.61% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Signs of stronger monetization and AI tailwinds — analysts expect Q4 ad revenue to surge on AI-driven tools and higher engagement, boosting revenue outlook ahead of earnings. Will Higher Ad Revenues Aid Meta Platforms Stock in Q4 Earnings?
• Positive Sentiment: Big infrastructure commitment supports AI growth — Meta agreed to pay Corning up to $6 billion for fiber‑optic cables to expand U.S. AI data centers, signaling deep investment in capacity that underpins future ad and AI services. Meta signs deal to pay Corning up to $6 billion for fiber-optic cables, CNBC reports
• Positive Sentiment: New revenue stream potential — Meta is testing paid premium tiers for Instagram, Facebook and WhatsApp that bundle exclusive AI features and controls, which could diversify revenue beyond ads if adoption scales. Meta to test premium subscriptions on Instagram, Facebook, and WhatsApp
• Neutral Sentiment: Earnings event risk/reward — Meta reports Q4 after the close Wednesday; traders expect a sizable move, making near-term volatility likely even if results are strong. Here’s How Much Traders Expect Meta Stock To Move After Wednesday’s Earnings
• Neutral Sentiment: Market context — Meta is a focal point of the “Magnificent 7” earnings week; macro/Fed headlines and AI‑spend scrutiny could amplify stock moves independent of company fundamentals. Tech’s massive AI spend is under scrutiny ahead of earnings. Here’s what to watch
• Negative Sentiment: Major legal overhang — Meta and YouTube head to a high‑profile youth‑addiction trial this week (TikTok and Snap settled), creating reputational and potential financial risk depending on jury outcome and damages. TikTok joins Snap to settle social media addiction lawsuit, as Meta and YouTube head to trial
• Negative Sentiment: Regulatory and policy risks — Global moves to restrict children’s social‑media use (e.g., Egypt and other countries debating limits) add policy risk that could affect user engagement and compliance costs. Egypt to adopt restrictions on children’s social media use to fight ‘digital chaos’
• Negative Sentiment: Expense/capex scrutiny — Investors will focus on 2026 expense guidance and Reality Labs losses; aggressive AI and infra spending could pressure margins and drive near‑term stock volatility. Meta Platforms’ 2026 expense guidance in focus ahead of Q4 earnings

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.