Eagle Wealth Advisors LLC Invests $3.78 Million in Meta Platforms, Inc. $META

Eagle Wealth Advisors LLC purchased a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 5,729 shares of the social networking company’s stock, valued at approximately $3,782,000. Meta Platforms accounts for 3.2% of Eagle Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares in the last quarter. State Street Corp raised its holdings 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 purchasing an additional 1,650,435 shares in the last quarter. Danske Bank A S bought a new stake in shares of Meta Platforms in the 3rd quarter valued at about $1,191,175,000. Concentrum Wealth Management raised its stake in shares of Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock worth $913,000 after acquiring an additional 1,124,998 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in Meta Platforms by 209.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock valued at $314,340,000 after purchasing an additional 824,276 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Several analysts remain bullish on Meta Platforms, with recent notes from firms like BofA and Erste Group lifting earnings estimates or price targets after strong Q1 results, reinforcing expectations for meaningful upside. Article Title
• Positive Sentiment: Meta’s AI push is drawing attention as the company reportedly works on AI agents and improved models like Muse Spark, which could support new products and future monetization opportunities. Article Title
• Neutral Sentiment: Commentary pieces continue to frame Meta as an important AI and large-cap tech name, but these are mostly opinion-driven and do not add new fundamental information for the stock. Article Title
• Neutral Sentiment: Meta was also mentioned in a deal roundup about acquiring Assured Robot Intelligence, but the report provided little detail, so the market impact is unclear. Article Title
• Negative Sentiment: Reports highlighting employee dissatisfaction and impending layoffs suggest Meta’s AI transformation is creating internal friction, while also reminding investors that the company’s AI ambitions come with higher costs. Article Title
• Negative Sentiment: Investor concern remains centered on Meta’s enormous 2026 capex plan, estimated at $125 billion to $145 billion, which is fueling fears that profitability could come under pressure before AI investments pay off. Article Title

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Piper Sandler reiterated an “overweight” rating and issued a $800.00 price objective (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Evercore increased their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Sanford C. Bernstein decreased their price objective on shares of Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. Finally, Argus reaffirmed a “buy” rating and set a $800.00 price objective on shares of Meta Platforms in a report on Monday, February 2nd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $840.31.

Insider Buying and Selling

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the transaction, the director directly owned 3,847 shares of the company’s stock, valued at approximately $2,565,949. The trade was a 13.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $607.74, for a total transaction of $562,767.24. Following the completion of the sale, the chief operating officer owned 7,779 shares of the company’s stock, valued at $4,727,609.46. This trade represents a 10.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 168,193 shares of company stock valued at $107,642,717 over the last ninety days. 13.61% of the stock is owned by insiders.

Meta Platforms Trading Down 1.2%

Shares of META stock opened at $609.63 on Friday. The company has a 50-day moving average of $627.67 and a two-hundred day moving average of $645.30. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The firm has a market cap of $1.54 trillion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the previous year, the firm earned $6.43 earnings per share. The firm’s quarterly revenue was up 33.1% on a year-over-year basis. On average, analysts predict that Meta Platforms, Inc. will post 29.67 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a $0.525 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.63%.

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.