Stonebridge Financial Group LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 12.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,348 shares of the information services provider’s stock after buying an additional 4,952 shares during the quarter. Alphabet makes up about 1.2% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 25th largest holding. Stonebridge Financial Group LLC’s holdings in Alphabet were worth $13,881,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in the stock. WestHill Financial Advisors Inc. grew its position in shares of Alphabet by 9.2% during the fourth quarter. WestHill Financial Advisors Inc. now owns 1,738 shares of the information services provider’s stock worth $544,000 after buying an additional 146 shares in the last quarter. Voisard Asset Management Group Inc. grew its position in shares of Alphabet by 23.2% during the fourth quarter. Voisard Asset Management Group Inc. now owns 6,050 shares of the information services provider’s stock worth $1,894,000 after buying an additional 1,139 shares in the last quarter. NavPoint Financial Inc. grew its position in shares of Alphabet by 190.7% during the fourth quarter. NavPoint Financial Inc. now owns 2,439 shares of the information services provider’s stock worth $763,000 after buying an additional 1,600 shares in the last quarter. Madison Park Capital Advisors LLC acquired a new stake in shares of Alphabet during the fourth quarter worth approximately $246,000. Finally, Park Capital Management LLC WI increased its holdings in shares of Alphabet by 84.8% in the 4th quarter. Park Capital Management LLC WI now owns 11,168 shares of the information services provider’s stock valued at $3,496,000 after acquiring an additional 5,125 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.
Alphabet Price Performance
Shares of GOOGL opened at $337.12 on Thursday. Alphabet Inc. has a 12 month low of $146.10 and a 12 month high of $349.00. The company has a market cap of $4.08 trillion, a P/E ratio of 31.19, a PEG ratio of 2.05 and a beta of 1.12. The stock has a fifty day moving average price of $306.35 and a 200 day moving average price of $300.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.
Alphabet Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio is presently 7.77%.
Analysts Set New Price Targets
GOOGL has been the topic of several research reports. Citizens Jmp reissued a “market outperform” rating and set a $385.00 price target on shares of Alphabet in a research report on Monday. Argus boosted their target price on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Piper Sandler reiterated an “overweight” rating and set a $395.00 target price (up from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Wells Fargo & Company lowered their target price on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.62.
Get Our Latest Stock Report on Alphabet
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Several brokerages raised ratings and targets for Alphabet, boosting investor confidence (Phillip Securities raised its price target to $395). Phillip Securities Adjusts Price Target on Alphabet to $395
- Positive Sentiment: Citi raised its price target to the low-$400s and put Alphabet on a 90-day catalyst watch, highlighting near-term product/event catalysts ahead of Q1 results. Wall Street sets Google stock price target for the next 12 months
- Positive Sentiment: Stifel Nicolaus published a buy on GOOGL (supporting demand for the shares). Alphabet Class A (GOOGL) Receives a Buy from Stifel Nicolaus
- Positive Sentiment: Analysts and outlets are flagging Alphabet as a top long-term/momentum AI play and noting an impressive history of earnings surprises — supporting expectations for another beat. Will Alphabet (GOOGL) Beat Estimates Again?
- Positive Sentiment: Partnerships and ecosystem wins (e.g., expanded GitLab integration with Google Cloud) underline GCP traction and recurring-revenue opportunities for cloud customers. GitLab Stock Jumps on Google Cloud Boost
- Neutral Sentiment: Market-level commentary notes a broader tech/Nasdaq rebound and that many investors remain underexposed, which can amplify inflows into large-cap AI leaders like Alphabet. The Bull Case Is Strengthening
- Neutral Sentiment: Coverage and price-target moves are concentrated ahead of the April 29 Q1 report, so short-term volatility could increase around that catalyst. Wall Street sets Google stock price target for the next twelve months
- Negative Sentiment: Regulatory risk resurfaced as rival app store Aptoide sued Google, alleging anti-competitive app distribution and billing practices — a fresh antitrust legal overhang. Google sued by rival app store Aptoide
- Negative Sentiment: Competitive threats to ad revenue (notably from Meta) and reports about structural shifts in the ad market could pressure growth long term. Zuckerberg Is Dangerously Close To Cracking Google’s Money Machine
- Negative Sentiment: Security/ad-integrity concerns (HUMAN’s report on AI-driven ad fraud/scareware) pose reputational and monetization risks for Google’s content-distribution channels. HUMAN’s Satori Researchers Identify Novel Ad Fraud
- Negative Sentiment: Some reports also note Stifel lowered expectations in an alternate notice, highlighting that not all analyst commentary is uniformly bullish — a reminder of mixed analyst views. Stifel Nicolaus Has Lowered Expectations for Alphabet
Insider Buying and Selling
In other news, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 2,068,744 shares of company stock valued at $104,505,914. Company insiders own 11.64% of the company’s stock.
Alphabet Company Profile
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
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