Resona Asset Management Co. Ltd. Has $383.71 Million Holdings in Meta Platforms, Inc. $META

Resona Asset Management Co. Ltd. increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.0% during the first quarter, Holdings Channel.com reports. The fund owned 678,480 shares of the social networking company’s stock after acquiring an additional 13,019 shares during the quarter. Meta Platforms accounts for approximately 1.9% of Resona Asset Management Co. Ltd.’s investment portfolio, making the stock its 8th largest position. Resona Asset Management Co. Ltd.’s holdings in Meta Platforms were worth $383,715,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted 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 valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its holdings 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 buying an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Meta Platforms during the second quarter worth approximately $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms in the second quarter worth approximately $322,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Up 0.7%

NASDAQ:META opened at $661.04 on Wednesday. The stock has a market cap of $1.67 trillion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.25. 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 debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock’s 50-day moving average is $600.12 and its two-hundred day moving average is $626.76.

Meta Platforms (NASDAQ:META) last posted 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. The business had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm’s revenue was up 33.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.43 earnings per share. As a group, equities research 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 announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders 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 is presently 7.63%.

Insiders Place Their Bets

In other news, Director Robert M. Kimmitt sold 500 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the transaction, the director directly owned 3,443 shares of the company’s stock, valued at approximately $2,092,483.25. This represents a 12.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the sale, the chief operating officer owned 9,498 shares of the company’s stock, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 39,503 shares of company stock worth $24,241,859 in the last quarter. 13.53% of the stock is currently owned by corporate insiders.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta’s upcoming Q2 earnings release on July 29 should provide a fresh read on revenue growth, profitability, and the payoff from its AI investments. Meta to Announce Second Quarter 2026 Results
• Neutral Sentiment: Analysts and media continue to debate Meta’s valuation and long-term AI strategy, with some arguing the stock remains attractive while others say spending is getting ahead of near-term returns. Meta Platforms is Overvalued at 5.92X PS: Buy, Sell or Hold the Stock?
• Negative Sentiment: Meta faces a lawsuit alleging its AI-based layoff process discriminated against employees on approved leave, which could add legal costs and hurt investor sentiment around its AI deployment practices. Meta used AI to target workers with medical conditions for layoffs, former employees’ lawsuit claims

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on META shares. Susquehanna raised Meta Platforms from a “positive” rating to a “positive” rating in a report on Tuesday, June 2nd. Sanford C. Bernstein reduced their price objective on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating for the company in a research note on Thursday, April 30th. Stifel Nicolaus decreased their target price on Meta Platforms from $805.00 to $780.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Citizens Jmp cut their target price on Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a research report on Friday, July 10th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $835.90.

About Meta Platforms

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.