Cyndeo Wealth Partners LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 31,790 shares of the social networking company’s stock after selling 1,506 shares during the quarter. Meta Platforms comprises about 1.1% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 17th largest holding. Cyndeo Wealth Partners LLC’s holdings in Meta Platforms were worth $20,984,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted 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 buying an additional 1,532,568 shares in the last quarter. State Street Corp grew its position in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Capital World Investors raised its stake in Meta Platforms by 0.7% during the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock worth $28,823,375,000 after acquiring an additional 278,180 shares in the last quarter. Norges Bank acquired a new stake in Meta Platforms during the 2nd quarter worth $23,155,393,000. Finally, Invesco Ltd. lifted its position in Meta Platforms by 0.8% in the third quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company’s stock valued at $12,597,374,000 after acquiring an additional 142,229 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on META shares. Rosenblatt Securities upped their price objective on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a report on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $860.00 target price (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. JPMorgan Chase & Co. upped their target price on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research note on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $846.63.
Meta Platforms Trading Up 1.7%
NASDAQ META opened at $603.80 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The firm has a market cap of $1.53 trillion, a PE ratio of 25.69, a P/E/G ratio of 0.92 and a beta of 1.30. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The firm’s fifty day moving average is $648.46 and its two-hundred day moving average is $671.40.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, topping the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the prior year, the firm earned $8.02 earnings per share. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. Analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 8.94%.
Insiders Place Their Bets
In other Meta Platforms news, COO Javier Olivan sold 629 shares of Meta Platforms stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $632.02, for a total value of $397,540.58. Following the transaction, the chief operating officer directly owned 2,714 shares in the company, valued at approximately $1,715,302.28. This trade represents a 18.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 56,571 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $644.70, for a total value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 160,929 shares of company stock valued at $103,074,540. 13.61% of the stock is owned by company insiders.
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta hired the Dreamer team (founders and engineers building an OS for AI agents) into its Meta Superintelligence Labs to accelerate personalized AI agents — bolsters Meta’s talent pool and product roadmap for agent-driven monetization and engagement. Meta Hires Former Google, Stripe Executives Behind AI Startup Dreamer
- Positive Sentiment: Reports that Mark Zuckerberg is testing/building a “CEO agent” and Meta is rolling AI agents into executive workflows highlight internal productivity wins and faster product iteration — signals serious internal adoption that can accelerate feature rollouts and cost efficiencies. Meta’s Zuckerberg Creating a CEO Agent to Help With His Job
- Positive Sentiment: Meta published a multi‑phase in‑house AI chip roadmap (MTIA 300–500) and is leading optical interconnect efforts — moves intended to lower AI infrastructure costs and protect margins as GenAI demand grows. This is a longer‑term margin tailwind. Meta’s Custom AI Chips And Optical Links Reframe Long Term Margins
- Positive Sentiment: Meta is continuing capital returns with a quarterly dividend distribution this week, supporting yield-seeking investors and signaling excess cash generation. Meta to pay dividends this week; Here’s how much 100 shares will earn
- Neutral Sentiment: Oppenheimer reiterated a “perform” rating on META — maintains a neutral analyst stance that may cap upside until clearer conviction on growth/margins. Oppenheimer reiterates perform rating on Meta Platforms (META) stock
- Neutral Sentiment: OpenAI hired a former Meta executive to lead ad sales — highlights competition for ad dollars and talent but is not an immediate revenue hit for Meta. OpenAI hires former Meta executive to lead ad sales
- Negative Sentiment: A lawsuit alleges Meta targeted older workers in layoffs, adding litigation and reputational risk that could lead to remediation costs or settlements. Lawsuit Claims Meta Platforms Targeted Older Workers in Layoffs
- Negative Sentiment: Ongoing trial activity (closing arguments expected in New Mexico) remains an overhang and a reminder of regulatory/legal exposure that can create episodic costs or operational distractions. Meta trial in New Mexico: Closing arguments expected Monday
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.
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