Meta Platforms, Inc. $META Stock: Sax Wealth Advisors LLC Grows Stake

Sax Wealth Advisors LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 279.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,457 shares of the social networking company’s stock after buying an additional 23,172 shares during the quarter. Meta Platforms accounts for about 0.6% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest position. Sax Wealth Advisors LLC’s holdings in Meta Platforms were worth $22,812,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of META. Auto Owners Insurance Co grew its stake 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 valued at $69,502,379,000 after acquiring an additional 105,154,977 shares during the period. State Street Corp boosted its stake in shares of Meta Platforms by 4.0% in the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares during the period. Bank of America Corp DE grew its position in shares of Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after purchasing an additional 2,673,494 shares in the last quarter. Invesco Ltd. raised its stake in Meta Platforms by 6.1% during the 4th quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company’s stock valued at $12,013,948,000 after purchasing an additional 1,046,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Meta Platforms by 1.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock valued at $7,230,426,000 after buying an additional 162,909 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on META. Deutsche Bank Aktiengesellschaft raised their price objective on Meta Platforms from $750.00 to $820.00 and gave the company a “buy” rating in a research report on Friday, September 25th. JPMorgan Chase & Co. upped their target price on shares of Meta Platforms from $820.00 to $920.00 and gave the company an “overweight” rating in a research report on Thursday, September 24th. Wolfe Research restated an “outperform” rating and set a $700.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. HSBC cut their price target on shares of Meta Platforms from $905.00 to $830.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Finally, Barclays dropped their target price on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $796.51.

Meta Platforms Stock Up 2.7%

Shares of META traded up $20.30 during trading hours on Tuesday, hitting $763.26. The company had a trading volume of 14,905,136 shares, compared to its average volume of 17,474,457. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $1.94 trillion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 1.25 and a beta of 1.19. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82. The company’s fifty day moving average price is $644.04 and its two-hundred day moving average price is $621.26.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The firm 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 33.18% and a net margin of 29.83%. The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.14 earnings per share. As a group, equities analysts forecast that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio is presently 7.91%.

Insider Buying and Selling at Meta Platforms

In other news, CFO Susan Li sold 9,196 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the sale, the chief financial officer owned 13,186 shares in the company, valued at $7,260,343.46. This represents a 41.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 40,000 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the transaction, the insider owned 184,516 shares in the company, valued at $131,515,624.16. This represents a 17.82% decrease in their position. 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. In the last three months, insiders have sold 148,222 shares of company stock worth $101,033,627. Insiders own 13.53% of the company’s stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta introduced Muse Wonder and Muse Wonder Full, describing them as its most advanced models and competitive with leading systems from OpenAI and Anthropic. The models are intended to improve Meta’s AI assistant and support complex, multi-step tasks. Reuters article
• Positive Sentiment: Independent app-intelligence data reportedly showed Muse achieving early user-retention rates comparable to ChatGPT, helping drive investor confidence that Meta’s AI investments can translate into sustained usage and potential revenue. Yahoo Finance article
• Positive Sentiment: Wall Street remained constructive: KeyCorp reaffirmed an overweight rating with a $900 target, while Rosenblatt maintained a buy rating with an $886 target. Truist also said the shares may have further upside following the Muse-related advance. Barron’s article
• Positive Sentiment: Meta’s partnership with Virtuix is expanding, with new Meta Quest and Omni One bundles and more than 75 compatible games. Virtuix said Omni One orders have tripled year over year, supporting demand for Meta’s Quest ecosystem. Quiver Quantitative article
• Neutral Sentiment: Meta will report third-quarter 2026 results after the market close on October 21, giving investors a near-term catalyst for judging AI spending, advertising growth and profitability. Meta earnings announcement
• Negative Sentiment: The AI strategy carries substantial execution and financial risk. Meta reportedly considered spending as much as $200 billion before knowing whether its models would succeed, while data-center construction and other AI investments could pressure margins. Muse downloads have also slowed, and premium access requires $20- or $100-per-month subscriptions. Business Insider article
• Negative Sentiment: Cantor Fitzgerald trimmed its price target to $840 from $860, signaling that valuation and the scale of required AI investment remain concerns despite retaining an overweight rating. Benzinga article

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.