Pictet North America Advisors 13F: Adds $1.6M to META Stake

Pictet North America Advisors grew its stake in Meta Platforms, Inc. (NASDAQ:META) during the quarter, picking up 2,269 additional shares to bring its total holdings to 33,415 shares. The institutional investor disclosed the portfolio adjustment in a Form 13F filing filed with the Securities and Exchange Commission on October 21, 2026. The reported value of the position reached $24,231,890.00 at the time of the report.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Pictet North America Advisors's Meta Platforms Position

The fund expanded its investment by 7.3%, increasing its share count from 31,146 up to 33,415 shares. This active adjustment lifts the fund's exposure to the social media and technology giant, reflecting continued institutional interest in the company's growth trajectory.

Other Institutional Activity in Meta Platforms

Other major institutional investors adjusted their positions around the same filing period. Quilter grew its holdings by 13,847 shares, ending with 290,000 shares worth about $210,302,200.00. Carnegie Investment Counsel trimmed its stake, selling 2,433 shares to finish with 140,366 shares valued at roughly $99,014,476.00.

Meta Platforms, Inc. Stock Down 5.3%

The stock recently traded around $698.43 as of October 22, 2026. Meta Platforms closed at $697.52 on the October 21, 2026 filing date.

Recent Earnings

Meta Platforms reported trailing twelve month revenue of $228.25 billion alongside earnings of $29.31 per share. The company posted a net profit margin of 29.8% and a return on equity of 29.8%.

Dividend

The company pays an annual dividend rate of $2.10 per share.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed multiple stock sales. On September 28, 2026, Olivan sold 1,575 shares valued at $1,180,966.00. Later, on October 5, 2026, Olivan sold 1,575 shares at an average price of $728.08 for a total of $1,146,726.00. Additional sales occurred on October 12, 2026, when Olivan offloaded 1,575 shares at $728.10 worth $1,146,757.50, and on October 19, 2026, when he parted with 1,575 shares at $707.20 totaling $1,113,840.00 under planned trading arrangements.

Analysts Set New Price Targets

Several firms updated their views on the stock following recent reports. TD Cowen maintained a Buy rating with a target of $850.00 on October 22, 2026. Piper Sandler kept an Overweight rating and an $850.00 target on October 22, 2026. StoneX reiterated a Hold rating on October 22, 2026. Wedbush maintained a neutral rating with a $730.00 target on October 22, 2026. Rosenblatt kept a buy rating and a $900.00 target on October 22, 2026. Overall, the stock carries a consensus strong buy rating and an average target price of $817.87 across 58 analyst opinions.

About Meta Platforms

Meta Platforms builds applications and hardware that help people stay connected through mobile phones, personal computers, virtual reality headsets, and smart glasses. Its ecosystem includes the Family of Apps segment, featuring major social networks, alongside its Reality Labs division, which focuses on hardware and virtual reality development.

Bottom Line

Institutional adjustments like the one from Pictet North America Advisors show steady portfolio management around Meta Platforms shares. Investors will watch upcoming earnings releases and future SEC filings to gauge how institutional sentiment shifts through the rest of the year.