HB Wealth Management LLC Has $57.59 Million Position in Meta Platforms, Inc. $META

09 Jul 2026, 07:46 by Jessica Moore · The Cerbat Gem

HB Wealth Management LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,664 shares of the social networking company’s stock after buying an additional 6,480 shares during the quarter. HB Wealth Management LLC’s holdings in Meta Platforms were worth $57,593,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Meta Platforms by 1.7% in the fourth 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 in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares in the last quarter. Headwater Capital Co Ltd lifted its position in shares of Meta Platforms by 294.7% during the 1st 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 during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Meta Platforms in the 2nd quarter valued at $213,000. Finally, Capital & Planning LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at $322,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of several recent analyst reports. Barclays increased their price objective on Meta Platforms from $800.00 to $830.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Wolfe Research dropped their target price on shares of Meta Platforms from $850.00 to $800.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Arete Research set a $735.00 price target on shares of Meta Platforms and gave the company a “buy” rating in a report on Tuesday, June 2nd. Citizens Jmp restated a “market outperform” rating and issued a $900.00 price target on shares of Meta Platforms in a research report on Tuesday, April 21st. Finally, TD Cowen dropped their price objective on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus price target of $840.64.

View Our Latest Stock Report on META

Meta Platforms Stock Down 2.0%

Shares of NASDAQ:META opened at $603.12 on Thursday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The stock has a market cap of $1.53 trillion, a price-to-earnings ratio of 21.92, a P/E/G ratio of 1.09 and a beta of 1.25. 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 company has a 50 day moving average of $598.90 and a 200-day moving average of $626.99.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS 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 firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the business earned $6.43 EPS. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 29.46 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.525 per share. 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 7.63%.

Meta Platforms News Summary

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

Positive Sentiment: Meta announced it will spend more than C$13 billion on its first AI data center in Canada, its largest outside the U.S. Investors may see this as a signal that Meta is still aggressively scaling its AI infrastructure to support future products and monetization. Meta plans billions for first AI data center in Canada, largest outside the US
Positive Sentiment: Meta rolled out Muse Image, its first AI image-generation model from Meta Superintelligence Labs, which could improve engagement across Instagram, WhatsApp, and Meta AI while giving advertisers new creative tools. Meta expands generative AI tools with Muse Image rollout
Positive Sentiment: Several reports and analyst notes highlighted Meta as an attractive AI and momentum stock, including a rating upgrade to Buy from Erste Group Bank and bullish commentary around its long-term growth and capex strategy. Meta Platforms (NASDAQ:META) Raised to “Buy” at Erste Group Bank
Neutral Sentiment: Meta’s move to potentially monetize excess compute capacity or expand into cloud/neocloud services is strategically interesting, but it is still an early-stage idea and not yet a proven earnings driver.
Negative Sentiment: Meta disclosed that four U.S. states are seeking about $1.4 trillion in penalties in an upcoming youth-safety trial, creating a very large legal risk that could weigh on investor sentiment. Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial
Negative Sentiment: Separate reporting on Instagram AI sharing rules and other regulatory scrutiny adds to concerns about privacy, content use, and platform oversight.
Negative Sentiment: Comments from Mark Zuckerberg that AI agent development “hasn’t really accelerated” as expected may also raise questions about the near-term payoff from Meta’s heavy AI spending.

Insider Buying and Selling

In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the sale, the chief financial officer owned 13,186 shares of the company’s stock, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their ownership of the stock. The sale 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares in the company, valued at approximately $681,890.56. This represents a 65.03% 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 have sold a total of 44,748 shares of company stock valued at $27,565,292 over the last 90 days. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Profile

(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.