Meta Platforms, Inc. $META is New York State Common Retirement Fund’s 5th Largest Position

Posted by Shane Hupp on Feb 7th, 2026

New York State Common Retirement Fund decreased its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,569,591 shares of the social networking company’s stock after selling 152,639 shares during the quarter. Meta Platforms makes up 2.4% of New York State Common Retirement Fund’s investment portfolio, making the stock its 5th biggest holding. New York State Common Retirement Fund owned approximately 0.10% of Meta Platforms worth $1,887,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in META. Norges Bank purchased a new stake in shares of Meta Platforms during the 2nd quarter worth $23,155,393,000. Laurel Wealth Advisors LLC raised its stake in Meta Platforms by 73,443.1% in the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after buying an additional 8,405,558 shares in the last quarter. State Street Corp lifted its holdings in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after acquiring an additional 1,532,568 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Meta Platforms by 103.5% in the 2nd quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock valued at $1,475,166,000 after acquiring an additional 1,016,667 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Trading Down 1.3%

Shares of META stock opened at $661.46 on Friday. The company has a market capitalization of $1.67 trillion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 1.14 and a beta of 1.28. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $656.76 and its two-hundred day moving average is $695.19. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. Meta Platforms’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period last year, the firm posted $8.02 EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s dividend payout ratio is currently 8.94%.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $714.60, for a total value of $369,448.20. Following the sale, the chief operating officer directly owned 9,615 shares in the company, valued at $6,870,879. The trade was a 5.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert M. Kimmitt sold 580 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $618.28, for a total value of $358,602.40. Following the transaction, the director directly owned 5,587 shares in the company, valued at $3,454,330.36. This represents a 9.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 39,594 shares of company stock worth $24,325,407 over the last 90 days. Company insiders own 13.61% of the company’s stock.

Key Meta Platforms News

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

Positive Sentiment: Analyst & media bullishness around Meta’s AI leadership and product traction reinforces upside potential — commentators (e.g., Jim Cramer) highlight Meta’s progress in automating model development, which supports the view that Meta can scale AI more efficiently. Meta Platforms (META) CEO Zuckerberg Has “Figured Out How to Have AI Make AI,” Says Jim Cramer
Positive Sentiment: Bull case pieces argue Meta is monetizing AI strongly (ad redistribution, Reels engagement, models like Lattice/GEM), underpinning revenue and margins upside if execution continues. Meta: Buy The AI Revolution
Positive Sentiment: Meta’s elevated 2026 capex guide and extension of MTIA from inference to training signal sustained hyperscaler demand for AI infrastructure — positive for long?term AI revenue capture and for partners/suppliers. Meta Soars After-Hours Forecasting Fastest Growth Since 2021
Neutral Sentiment: Mixed institutional moves: some funds (e.g., First Eagle) trimmed positions while others boosted stakes (Alecta, Davis), reflecting both profit?taking and conviction — a wash for longer?term ownership trends. First Eagle Investment Management Trims Meta Platforms Stake
Neutral Sentiment: ESG/energy moves (new PPA for Skull Creek solar) reduce power/operational risk long?term but are non?revenue and increase near?term capital/contract commitments. Zelestra Expands Relationship with Meta — Skull Creek Solar PPA
Negative Sentiment: Broad market pressure: a broad Big Tech sell?off tied to fears of an AI spending bubble has removed over $1 trillion from sector values, pressuring META alongside peers as investors de?risk. Big Tech sees over $1 trillion wiped from stocks as fears of AI bubble ignite sell-off
Negative Sentiment: Sell?side caution: Needham warns of 10–15% downside citing valuation and capex risk — analyst caution can amplify short?term selling if investors fear margin pressure from rising AI spend. Why Needham Warns That Meta Platforms Stock Could Be Headed for 10%-15% Downside
Negative Sentiment: Legal/regulatory risk: reports questioning the legality of Meta’s data collection and renewed scrutiny around research/data practices (e.g., Moltbook comparisons to 2017 experiments) raise reputational and compliance concerns in key markets. Why Meta Platforms’ data collection is illegal Moltbook furor reminiscent of 2017 Facebook research experiment
Negative Sentiment: Insider selling: small, regular sales by COO Javier Olivan have been disclosed — modest on their own but can feed narratives of near?term profit taking. SEC Filing – Javier Olivan sale

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a research note on Monday, January 26th. Robert W. Baird raised their price objective on shares of Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Erste Group Bank downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Wells Fargo & Company increased their target price on shares of Meta Platforms from $754.00 to $849.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Arete Research set a $718.00 price target on shares of Meta Platforms in a research report on Thursday, December 4th. Four research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $847.40.

Get Our Latest Research Report on META

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.