Burling Wealth Partners LLC Grows Stake in Meta Platforms, Inc. $META

Posted by Tristan Rich on May 31st, 2026

Burling Wealth Partners LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 16.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,030 shares of the social networking company’s stock after purchasing an additional 2,687 shares during the quarter. Meta Platforms makes up 1.9% of Burling Wealth Partners LLC’s portfolio, making the stock its 14th biggest holding. Burling Wealth Partners LLC’s holdings in Meta Platforms were worth $12,562,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Westchester Capital Management Inc. purchased a new stake in shares of Meta Platforms during the third quarter worth about $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $29,000. Key Capital Management INC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $48,000. Entrust Financial LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $48,000. Finally, Fairway Wealth LLC grew its position in shares of Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after purchasing an additional 21 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms News Summary

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

Positive Sentiment: Meta launched paid subscription plans across its flagship apps and Meta AI, opening a new monetization path that could reduce reliance on ad revenue. Mark Zuckerberg says a Meta cloud computing business ‘definitely on the table’
Positive Sentiment: Analysts and market commentators are pointing to the subscription push as a meaningful upside driver, with some estimating it could add billions in annual revenue if adoption is strong. Meta’s Subscription Push Could Add $13.5 Billion By 2028 Across Instagram, Facebook, WhatsApp
Neutral Sentiment: Meta also said it may eventually use excess AI/data-center capacity for a cloud business, which adds long-term optionality but is still early-stage. Mark Zuckerberg says a Meta cloud computing business ‘definitely on the table’
Neutral Sentiment: The company declared a quarterly dividend, which is modest but reinforces capital-return strength. Meta Announces Quarterly Cash Dividend
Negative Sentiment: Reuters reported Meta’s employee mouse-click tracking tool for AI training may run into EU privacy concerns, creating regulatory risk around data collection and cross-border use. Exclusive: Meta tool to track employee mouse clicks on collision course with EU privacy rules
Negative Sentiment: Recent commentary from Jim Cramer and disclosures of insider selling add some caution around execution and valuation. Jim Cramer Says Meta “Has Not Excelled in a Visible Way”

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wells Fargo & Company dropped their price target on Meta Platforms from $770.00 to $765.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Roth Mkm reissued a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. KeyCorp reissued an “overweight” rating and set a $760.00 price target on shares of Meta Platforms in a research note on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Friday, March 27th. Finally, Piper Sandler reissued an “overweight” rating and set a $800.00 price target (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $840.19.

View Our Latest Report on META

Insiders Place Their Bets

In related news, COO Javier Olivan sold 837 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $608.98, for a total transaction of $509,716.26. Following the completion of the sale, the chief operating officer directly owned 13,823 shares of the company’s stock, valued at approximately $8,417,930.54. This trade represents a 5.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the sale, the insider directly owned 1,118 shares of the company’s stock, valued at $681,890.56. This represents a 65.03% decrease in their ownership of the stock. 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 sold a total of 42,445 shares of company stock valued at $26,306,420 over the last quarter. 13.53% of the stock is currently owned by insiders.

Meta Platforms Price Performance

Shares of META stock opened at $632.51 on Friday. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market capitalization of $1.60 trillion, a P/E ratio of 22.99, a P/E/G ratio of 1.12 and a beta of 1.25. The stock has a 50 day moving average price of $617.84 and a 200 day moving average price of $636.88.

Meta Platforms (NASDAQ:META – Get Free Report) 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 return on equity of 36.93% and a net margin of 32.84%.The firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same period last year, the company earned $6.43 EPS. Meta Platforms’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is currently 7.63%.

About Meta Platforms

(Free Report)

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.