Oregon Public Employees Retirement Fund Increases Holdings in Meta Platforms, Inc. $META

Oregon Public Employees Retirement Fund raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.4% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 250,396 shares of the social networking company’s stock after purchasing an additional 937 shares during the period. Meta Platforms accounts for about 1.9% of Oregon Public Employees Retirement Fund’s investment portfolio, making the stock its 9th biggest holding. Oregon Public Employees Retirement Fund’s holdings in Meta Platforms were worth $143,259,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Sageworth Trust Co increased its holdings in Meta Platforms by 258.3% in the 1st quarter. Sageworth Trust Co now owns 1,931 shares of the social networking company’s stock worth $1,105,000 after acquiring an additional 1,392 shares in the last quarter. Frank Rimerman Advisors LLC raised its stake in Meta Platforms by 7.9% during the 1st quarter. Frank Rimerman Advisors LLC now owns 42,558 shares of the social networking company’s stock worth $24,349,000 after acquiring an additional 3,119 shares during the period. PCB Capital LLC lifted its holdings in Meta Platforms by 1.9% during the first quarter. PCB Capital LLC now owns 1,787 shares of the social networking company’s stock valued at $1,023,000 after purchasing an additional 33 shares in the last quarter. Stenger Family Office LLC boosted its position in shares of Meta Platforms by 13.8% in the first quarter. Stenger Family Office LLC now owns 25,288 shares of the social networking company’s stock worth $14,468,000 after purchasing an additional 3,075 shares during the period. Finally, Lmcg Investments LLC boosted its position in shares of Meta Platforms by 12.8% in the first quarter. Lmcg Investments LLC now owns 27,408 shares of the social networking company’s stock worth $15,681,000 after purchasing an additional 3,114 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research note on Monday, June 1st. Arete Research set a $735.00 price target on Meta Platforms and gave the company a “buy” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group lowered Meta Platforms from a “buy” rating to a “sell” rating in a research note on Tuesday, June 2nd. Finally, Sanford C. Bernstein cut their target price on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating for the company in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $835.90.

Meta Platforms Stock Down 1.9%

META opened at $656.73 on Tuesday. The company has a market capitalization of $1.66 trillion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 1.18 and a beta of 1.25. The firm has a 50-day simple moving average of $599.00 and a two-hundred day simple moving average of $626.80. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $55.56 billion. During the same period in the previous year, the firm posted $6.43 earnings per share. The business’s revenue was up 33.1% compared to the same quarter last year. Analysts forecast that Meta Platforms, Inc. will post 29.46 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Activity

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the sale, the chief technology officer owned 414 shares of the company’s stock, valued at $251,641.62. This trade represents a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 40,083 shares of company stock valued at $24,628,719 over the last ninety days. 13.53% of the stock is owned by corporate insiders.

Key Meta Platforms News

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

• Positive Sentiment: UBS kept a buy rating on Meta while lowering its price target to $766 from $865, implying meaningful upside from current levels and signaling analysts still see room for gains despite recent volatility.
• Positive Sentiment: Multiple articles highlighted Meta’s expanded AI ambitions, including a major scale-up of its Louisiana Hyperion data center to 5 gigawatts and more than $50 billion in projected cost, reinforcing the company’s commitment to AI infrastructure and long-term growth.
• Positive Sentiment: Some market commentary framed Meta as one of the strongest mega-cap AI stories, citing its ability to fund AI investment with a profitable ad business and noting that its new AI model is priced well below rivals, which could help adoption.
• Neutral Sentiment: Several reports focused on technical factors, saying META looked overbought and near resistance, which may be contributing to short-term weakness rather than reflecting a change in fundamentals.
• Negative Sentiment: Investors are also weighing concerns that Meta’s AI spending is rising fast, with 2026 capex now expected at $125 billion to $145 billion, raising questions about near-term returns on investment and pressuring sentiment.
• Negative Sentiment: Meta pulled down an AI image tool after privacy backlash, and the company is facing criticism over AI advertising tools that allegedly create poor results for brands, adding reputational and regulatory noise.
• Negative Sentiment: Additional headlines noted a Chinese regulatory setback on a planned AI acquisition and an EU probe into Facebook and Instagram design features, which could increase legal and compliance uncertainty.

Meta Platforms Company 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.