Cumberland Partners Ltd Trims Stock Position in Meta Platforms, Inc. $META

Cumberland Partners Ltd trimmed its position in Meta Platforms, Inc. (NASDAQ:META) by 47.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,042 shares of the social networking company’s stock after selling 45,414 shares during the quarter. Meta Platforms comprises 2.2% of Cumberland Partners Ltd’s investment portfolio, making the stock its 17th biggest position. Cumberland Partners Ltd’s holdings in Meta Platforms were worth $29,203,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in META. Brighton Jones LLC lifted its holdings in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Meta Platforms by 10.2% during 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 last quarter. Headwater Capital Co Ltd increased its stake in Meta Platforms by 294.7% during 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 last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in Meta Platforms in the second quarter valued at $213,000. Finally, Capital & Planning LLC purchased a new stake in Meta Platforms in the second quarter valued at $322,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
• Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
• Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
• Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
• Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

Analysts Set New Price Targets

META has been the topic of several recent analyst reports. Benchmark initiated coverage on Meta Platforms in a research note on Tuesday, June 2nd. They issued a “buy” rating on the stock. BNP Paribas Exane initiated coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “outperform” rating for the company. UBS Group reduced their price objective on shares of Meta Platforms from $865.00 to $766.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Citigroup reaffirmed a “strong-buy” rating on shares of Meta Platforms in a research report on Tuesday, July 21st. Finally, Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Five analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $835.64.

Meta Platforms Trading Down 0.1%

Shares of NASDAQ META opened at $593.41 on Wednesday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $603.98 and a 200-day simple moving average of $624.67. The stock has a market capitalization of $1.50 trillion, a PE ratio of 21.57, a PEG ratio of 1.00 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the previous year, the business earned $6.43 EPS. The company’s quarterly revenue was up 33.1% compared to the same quarter last year. On average, equities analysts forecast that Meta Platforms, Inc. will post 29.51 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is currently 7.63%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the sale, the director directly owned 3,443 shares in the company, valued at $2,092,483.25. This represents a 12.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $645.85, for a total transaction of $540,576.45. Following the sale, the chief operating officer directly owned 7,127 shares in the company, valued at $4,602,972.95. This represents a 10.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,859 shares of company stock worth $23,087,979 over the last quarter. Insiders own 13.53% of the company’s stock.

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.