MassMutual Private Wealth & Trust FSB Has $56.95 Million Holdings in Meta Platforms, Inc. $META

MassMutual Private Wealth & Trust FSB boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 101,098 shares of the social networking company’s stock after buying an additional 1,731 shares during the quarter. Meta Platforms makes up 1.5% of MassMutual Private Wealth & Trust FSB’s holdings, making the stock its 14th largest holding. MassMutual Private Wealth & Trust FSB’s holdings in Meta Platforms were worth $56,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Meta Platforms Stock Down 0.4%

Shares of META stock opened at $587.94 on Wednesday. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. 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 firm has a fifty day moving average of $600.27 and a 200-day moving average of $622.36. The company has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 1.00 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company’s revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $7.14 earnings per share. As a group, equities research analysts predict that Meta Platforms, Inc. will post 28.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 837 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $607.85, for a total transaction of $508,770.45. Following the completion of the transaction, the chief operating officer directly owned 6,290 shares of the company’s stock, valued at $3,823,376.50. This represents a 11.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total value of $303,875.00. Following the transaction, the director owned 3,443 shares of the company’s stock, valued at approximately $2,092,483.25. The trade was a 12.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 37,770 shares of company stock worth $23,034,051. Corporate insiders own 13.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on META shares. Wedbush lowered their price target on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Barclays decreased their target price on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. UBS Group reduced their price objective on shares of Meta Platforms from $766.00 to $715.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Rothschild & Co Redburn boosted their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Finally, Mizuho set a $750.00 target price on shares of Meta Platforms in a research note on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $785.32.

Meta Platforms News Summary

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

• Positive Sentiment: Meta’s second-quarter revenue rose 28% year over year to $60.8 billion, exceeding expectations, while AI-powered recommendations and ad tools are improving user engagement and monetization. Some analysts and investors view the post-earnings selloff as an attractive entry point because the core advertising business remains strong. META Q2 Deep Dive: AI Investment Drives Engagement as Margins Face Pressure
• Positive Sentiment: Several commentaries argue that Meta’s large AI investment could support longer-term growth rather than represent wasteful spending. Optimistic analysts point to the company’s scale, advertising cash flow and potential for AI to strengthen recommendations, ad targeting and new products. 28% Revenue Growth Ignored: Why Panic-Selling Meta Stock Over Infrastructure Spend Is a Mistake
• Neutral Sentiment: Meta is scheduled to participate in White House discussions with other leading AI companies about voluntary safety testing for advanced models following concerns about rogue AI agents. The meeting could improve regulatory relations, although it also highlights growing oversight risks for Meta’s AI initiatives. Meta, Anthropic, Google, OpenAI to Meet With Trump White House
• Negative Sentiment: Investors remain concerned about the scale and duration of Meta’s AI infrastructure commitments. Meta and other Big Tech companies have roughly $1.09 trillion in future payments under data-center leases, increasing fixed obligations before the spending generates returns. Meta also missed quarterly EPS expectations and issued revenue guidance below consensus, raising concerns about margin pressure and execution. AI Data-Centre Race Builds $1 Trillion Lease Burden for Big Tech

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.