Cullinan Associates Inc. Has $11.38 Million Stock Holdings in Meta Platforms, Inc. $META

Posted by Wayne Rhoads on Jul 17th, 2026

Cullinan Associates Inc. decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 5.9% during the 1st quarter, Holdings Channel reports. The firm owned 19,883 shares of the social networking company’s stock after selling 1,245 shares during the quarter. Meta Platforms comprises 0.9% of Cullinan Associates Inc.’s holdings, making the stock its 28th largest position. Cullinan Associates Inc.’s holdings in Meta Platforms were worth $11,376,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co boosted its holdings in shares of Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after buying an additional 105,154,977 shares in the last quarter. Norges Bank acquired a new position in shares of Meta Platforms during the 4th quarter valued at $22,152,075,000. Vanguard Group Inc. lifted its position in shares of Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after acquiring an additional 7,269,279 shares during the period. Corient Private Wealth LLC boosted its stake in Meta Platforms by 488.1% during the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock worth $3,608,445,000 after acquiring an additional 4,537,076 shares in the last quarter. Finally, State Street Corp boosted its stake in 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 worth $59,963,463,000 after acquiring an additional 4,395,763 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Trading Down 2.5%

NASDAQ:META opened at $664.54 on Friday. 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 firm has a 50-day moving average of $602.45 and a 200-day moving average of $626.87. The company has a market cap of $1.68 trillion, a PE ratio of 24.16, a PEG ratio of 1.20 and a beta of 1.25. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results 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 quarter in the prior year, the business posted $6.43 EPS. The firm’s revenue was up 33.1% compared to the same quarter last year. As a group, equities research analysts expect that Meta Platforms, Inc. will post 29.42 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed 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. 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, June 15th. Meta Platforms’s payout ratio is currently 7.63%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on META shares. Stifel Nicolaus reduced their price target on shares of Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a report on Friday, May 1st. Weiss Ratings lowered shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 26th. Piper Sandler assumed coverage on shares of Meta Platforms in a research report on Tuesday, June 2nd. They set an “overweight” rating on the stock. BNP Paribas Exane assumed coverage on Meta Platforms in a research note on Tuesday, June 2nd. They issued an “outperform” rating for the company. Finally, Citizens Jmp decreased their target price on Meta Platforms from $825.00 to $800.00 and set an “outperform” rating for the company in a research report on Friday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $830.45.

View Our Latest Research Report on META

Key Meta Platforms News

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

Positive Sentiment: Analysts and market commentary continue to frame Meta as a major AI winner, with reports citing significant upside potential and strong hedge fund support. Muse Image: Can Meta Platforms Inc (META) Kill Two Birds With One Stone?
Positive Sentiment: Meta is still drawing bullish attention for its heavy AI infrastructure spending, including plans for large-scale data center investment and in-house chip development, which investors view as evidence of an aggressive AI strategy. How Meta Platforms (META) Is Strengthening Its AI Infrastructure With Custom Chips and Massive Computing Expansion
Positive Sentiment: Meta also received a fresh analyst update from Wedbush with a neutral rating and a $671 price target, implying modest upside from current levels. Benzinga coverage of Wedbush rating
Neutral Sentiment: Coverage around Meta’s AI chatbot safety changes and oversight-board findings adds to the company’s public-policy and product discussion, but these items are not clearly major financial catalysts. Meta now alerts parents if their teen discussed suicide or self-harm with its AI chatbot Meta Oversight Board finds top AI models less likely to criticize repressive regimes
Negative Sentiment: Meta is facing a lawsuit from former employees alleging AI-driven layoffs disproportionately affected workers on protected leave, which could create legal and reputational risk. Meta employees sue over alleged AI-driven layoffs targeting workers on leave
Negative Sentiment: Some broader commentary points to insider selling and concerns about the size of Meta’s capital spending, which could weigh on sentiment if investors worry about returns on its AI investments. Meta Vs. Microsoft: Insider Selling Shows Meta’s 1.4 Trillion Existential Crisis Worse Than Microsoft’s Legal Woes Meta Is Betting $50 Billion on AI Data Centers. Where Does The Stock Go From Here?

Insider Transactions at Meta Platforms

In related news, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction that occurred 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 owned 1,118 shares of the company’s stock, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 company’s 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 $5,708,013.06. This trade represents a 26.06% 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. Insiders sold a total of 39,503 shares of company stock valued at $24,241,859 over the last ninety days. 13.53% of the stock is currently owned by insiders.

Meta Platforms Company 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.