Teachers Retirement System of The State of Kentucky Has $277.48 Million Stock Holdings in Meta Platforms, Inc. $META

Teachers Retirement System of The State of Kentucky trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 7.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 377,840 shares of the social networking company’s stock after selling 31,976 shares during the period. Meta Platforms makes up 2.1% of Teachers Retirement System of The State of Kentucky’s investment portfolio, making the stock its 6th largest holding. Teachers Retirement System of The State of Kentucky’s holdings in Meta Platforms were worth $277,478,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of META. Westchester Capital Management Inc. bought a new position in Meta Platforms during the third quarter worth $26,000. Bare Financial Services Inc bought a new stake in Meta Platforms in the second quarter valued at $30,000. Knuff & Co LLC acquired a new position in shares of Meta Platforms during the second quarter valued at about $44,000. Spurstone Advisory Services LLC acquired a new position in shares of Meta Platforms during the second quarter valued at about $59,000. Finally, Evergreen Private Wealth LLC boosted its position in shares of Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Bill Ackman’s Pershing Square materially added META, making it ~11.4% of the fund — a high-profile institutional endorsement that can attract other funds and provide buying pressure. Bill Ackman’s Eyes Meta Platforms
• Positive Sentiment: AMD announced a multi?year, gigawatt?scale AI infrastructure partnership with Meta valued at over $100B, signaling Meta’s heavy, near?term capex and commitment to build out AI data centers — positive for long?term moats and AI roadmap execution. AMD Meta AI Deal Puts Valuation Gap
• Positive Sentiment: Multiple outlets report billionaires and hedge funds accumulating META, reflecting conviction that Meta is underpriced relative to its AI and ad-recovery prospects — this flows into demand and sentiment. Billionaires Are Loading Up
• Neutral Sentiment: Coverage highlights Meta’s cheapness vs. the S&P and its AI ambitions (articles exploring $800 targets and comparative valuation). These narratives support longer?term upside but are not immediate catalysts. Nvidia and Meta Platforms Are Now Cheaper
• Neutral Sentiment: Sheryl Sandberg joining the board of an AI data?center company (Nscale) and large fundraising in the sector indicate expanding data?center capacity and a growing ecosystem that indirectly benefits Meta’s AI ambitions. Impact is positive but indirect. The Former Coal Miner in the Middle of the A.I. Data Center Boom
• Negative Sentiment: Surging oil and energy prices are cited as a risk, raising operating and data?center cooling costs; macro energy cost pressure could weigh on margins and act as a near?term headwind. Surging Oil Prices Threaten NVIDIA, Amazon, and Meta

Meta Platforms Stock Down 2.4%

META opened at $644.86 on Monday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The firm has a market capitalization of $1.63 trillion, a P/E ratio of 27.44, a PEG ratio of 1.00 and a beta of 1.30. The company’s 50-day moving average is $654.99 and its 200 day moving average is $680.69. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

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

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be 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 is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is 8.94%.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 2,461 shares of the company’s stock in a transaction on Sunday, February 15th. The stock was sold at an average price of $639.77, for a total value of $1,574,473.97. Following the completion of the transaction, the chief operating officer owned 12,108 shares in the company, valued at $7,746,335.16. This represents a 16.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the sale, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at approximately $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 160,410 shares of company stock valued at $102,809,055. Insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

META has been the subject of a number of research analyst reports. Evercore boosted their target price on Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Pivotal Research lowered their target price on Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Thursday, January 29th. Erste Group Bank upgraded shares of Meta Platforms from a “hold” rating to a “buy” rating in a report on Thursday. Finally, TD Cowen reiterated a “buy” rating on shares of Meta Platforms in a report on Tuesday, January 13th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $844.44.

Meta Platforms Profile

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.