Teachers Retirement System of The State of Kentucky Has $240.66 Million Holdings in Meta Platforms, Inc. $META

Teachers Retirement System of The State of Kentucky lowered its position in Meta Platforms, Inc. (NASDAQ:META) by 3.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 364,591 shares of the social networking company’s stock after selling 13,249 shares during the quarter. Meta Platforms makes up about 1.8% of Teachers Retirement System of The State of Kentucky’s investment portfolio, making the stock its 7th largest position. Teachers Retirement System of The State of Kentucky’s holdings in Meta Platforms were worth $240,663,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vista Capital Partners Inc. boosted its holdings in shares of Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after purchasing an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC boosted its holdings in shares of Meta Platforms by 1.6% during the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after purchasing an additional 14 shares during the last quarter. Alpine Bank Wealth Management boosted its holdings in shares of Meta Platforms by 0.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares during the last quarter. Valued Wealth Advisors LLC boosted its holdings in shares of Meta Platforms by 3.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 14 shares during the last quarter. Finally, Forza Wealth Management LLC boosted its holdings in shares of Meta Platforms by 3.9% during the 3rd quarter. Forza Wealth Management LLC now owns 402 shares of the social networking company’s stock valued at $295,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 1.3%

Shares of NASDAQ META opened at $612.88 on Thursday. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The stock has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 1.05 and a beta of 1.25. The firm’s 50-day moving average price is $628.12 and its 200-day moving average price is $646.01.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share 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 for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the prior year, the company posted $6.43 EPS. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 30.03 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Transactions at Meta Platforms

In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the sale, the director directly owned 3,847 shares of the company’s stock, valued at $2,565,949. This represents a 13.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the stock in a transaction dated Monday, May 4th. The stock was 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 directly owned 7,779 shares in the company, valued at $4,727,609.46. This trade represents a 10.64% 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. Insiders sold a total of 168,193 shares of company stock worth $107,642,717 over the last three months. 13.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Meta Platforms from $765.00 to $770.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. KeyCorp reissued an “overweight” rating and set a $760.00 price objective on shares of Meta Platforms in a report on Thursday, April 30th. Bank of America dropped their price objective on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a report on Monday, April 20th. Pivotal Research dropped their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Finally, Wall Street Zen raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Four 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $840.31.

More Meta Platforms News

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

• Positive Sentiment: Strong Q1 execution — analysts and coverage emphasize Meta’s beat on revenue and EPS and continued ad/margin strength, underpinning investor confidence in cash flow to fund AI investment. Meta: Keep Calm And Focus On Muse, Spark, And Record Revenue Growth
• Positive Sentiment: AI product roadmap — multiple reports (FT/Reuters) say Meta is building advanced, agentic personal AI assistants and consumer-facing agents, reinforcing the company’s long-term TAM for AI monetization. This helps justify heavy capex for AI infrastructure. Meta plans advanced ‘agentic’ AI assistant for users, FT reports
• Positive Sentiment: Capex demand signal from suppliers — a MarketBeat piece highlights Corning’s $6B supply deal with Meta as part of hyperscale optical contracts, signaling durable infrastructure spend that supports Meta’s AI buildout. Light Speed Returns: Corning Cashes In on NVIDIA Growth
• Neutral Sentiment: Insider activity — Meta COO Javier Olivan sold shares via a pre-arranged Rule 10b5‑1 plan (reported May 4), reducing his holdings; typical for planned programmatic selling and not an immediate red flag. SEC Filing: Javier Olivan ownership
• Neutral Sentiment: Analyst moves — Mizuho trimmed its price target slightly (from $850 to $835) but kept an outperform view, reflecting continued bullishness despite higher AI spending and elevated valuation debate. Benzinga coverage
• Negative Sentiment: Copyright suits and publisher litigation — major publishers (Elsevier, Macmillan, McGraw Hill, etc.) filed suits alleging Meta used copyrighted works to train Llama; litigation could lead to damages or costly settlements and increases model deployment risk. Major publishers sue Meta for copyright infringement over AI training
• Negative Sentiment: Regulatory & litigation pressure — Meta asked a judge to overturn a landmark social‑media addiction verdict and faces state actions seeking large damages; EU/Irish probes and potential orders on WhatsApp also raise compliance costs and uncertainty. Meta asks California judge to throw out landmark social media addiction verdict

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.