OMERS ADMINISTRATION Corp Purchases 66,129 Shares of Meta Platforms, Inc. $META

OMERS ADMINISTRATION Corp raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 26.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 318,367 shares of the social networking company’s stock after purchasing an additional 66,129 shares during the quarter. Meta Platforms accounts for about 1.2% of OMERS ADMINISTRATION Corp’s investment portfolio, making the stock its 18th largest position. OMERS ADMINISTRATION Corp’s holdings in Meta Platforms were worth $182,147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of META. Vanguard Group Inc. boosted its stake in 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 worth $132,015,115,000 after purchasing an additional 7,269,279 shares during the period. Auto Owners Insurance Co raised its position in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. State Street Corp raised its position in shares of Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after buying an additional 4,395,763 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock worth $34,734,628,000 after buying an additional 878,396 shares in the last quarter. Finally, Capital World Investors lifted its holdings in shares of Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock worth $26,112,735,000 after buying an additional 310,947 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Robert M. Kimmitt sold 500 shares of Meta Platforms 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 completion of the transaction, the director directly owned 3,443 shares of the company’s stock, valued at approximately $2,092,483.25. The trade was a 12.68% decrease in their position. The transaction was disclosed in a document filed 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, COO Javier Olivan sold 837 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $607.85, for a total transaction of $508,770.45. Following the transaction, the chief operating officer owned 6,290 shares in the company, valued at $3,823,376.50. The trade was a 11.74% 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 39,325 shares of company stock valued at $23,979,087 in the last 90 days. Company insiders own 13.53% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $585.61 on Thursday. The business’s 50 day moving average price is $603.59 and its 200-day moving average price is $624.24. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a market cap of $1.48 trillion, a P/E ratio of 21.29, a P/E/G ratio of 0.99 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.14 earnings per share. Sell-side analysts predict that Meta Platforms, Inc. will post 29.4 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Analyst Ratings Changes

META has been the subject of several research analyst reports. Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. Mizuho decreased their price target on shares of Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Cantor Fitzgerald dropped their price objective on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Raymond James Financial raised their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings cut Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 26th. Five analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $830.74.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Second-quarter revenue rose 28% year over year to $60.8 billion, exceeding the $60.2 billion consensus estimate. Advertising revenue increased 27%, ad impressions grew 14%, and average price per ad rose 12%, indicating that Meta’s core advertising business remains robust. Meta stock sinks as Q2 earnings disappoint on multiple fronts
• Positive Sentiment: Meta said Reality Labs lost more than $4.6 billion, but the loss was narrower than analysts expected. The company also continues pursuing enterprise AI, including business agents for customer service and other workplace functions. Meta’s Reality Labs lost over $4.6 billion in second quarter
• Positive Sentiment: A $14 billion El Paso data-center venture with BlackRock will help Meta secure approximately one gigawatt of AI capacity while sharing financing and balance-sheet risk. The structure could reduce the immediate burden of Meta’s infrastructure buildout, although Meta remains the facility’s primary tenant. Meta, BlackRock partner on $14 billion El Paso data center
• Positive Sentiment: Some analysts remain bullish: Guggenheim reaffirmed a Buy rating with an $800 price target, while a Seeking Alpha analysis cited a normalized operating margin of roughly 36.8% after excluding legal and severance charges. Meta Platforms Q2: The Market Sells, I Buy The Dip
• Neutral Sentiment: Meta forecast third-quarter revenue of $61 billion to $64 billion, broadly around but slightly below the $63.2 billion consensus midpoint. No EPS outlook was provided in the reported guidance. Zuckerberg also promoted open AI development and opposed restrictions on Chinese AI models, positions that may support innovation but could attract regulatory scrutiny. Zuckerberg says Meta’s enterprise AI opportunity extends beyond agents
• Negative Sentiment: Second-quarter EPS fell to $6.18, missing estimates near $7.1–$7.2 and declining from $7.14 a year earlier. Results were pressured by approximately $2.4 billion of legal costs and $1.2 billion of severance expenses. Meta misses profit expectations, sticks to massive AI spending
• Negative Sentiment: Meta plans to spend approximately $130 billion to $145 billion on AI and data-center infrastructure this year, with the minimum raised by $5 billion. Investors fear the spending will compress margins and free cash flow before a direct AI revenue stream is proven. Meta shares tumble as AI spending stuns Wall Street
• Negative Sentiment: COO Javier Olivan sold shares under a pre-arranged Rule 10b5-1 plan, reducing his holdings in two transactions. Because the sales were scheduled, they are a limited bearish signal but may reinforce investor caution. SEC insider transaction filing

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.