Walkner Condon Financial Advisors LLC Raises Stock Position in Alphabet Inc. $GOOGL

Walkner Condon Financial Advisors LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 10.1% in the 4th quarter, HoldingsChannel reports. The firm owned 22,278 shares of the information services provider’s stock after buying an additional 2,042 shares during the quarter. Alphabet makes up 1.0% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 25th largest position. Walkner Condon Financial Advisors LLC’s holdings in Alphabet were worth $6,973,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. State Street Corp grew its stake in Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Capital World Investors grew its stake in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares during the period. Capital Research Global Investors grew its stake in Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider’s stock worth $12,333,076,000 after acquiring an additional 6,874,381 shares during the period. Invesco Ltd. grew its stake in Alphabet by 2.3% in the 3rd quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider’s stock worth $10,984,744,000 after acquiring an additional 1,034,292 shares during the period. Finally, Legal & General Group Plc grew its stake in Alphabet by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider’s stock worth $9,541,877,000 after acquiring an additional 392,547 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOGL opened at $337.12 on Thursday. Alphabet Inc. has a one year low of $146.10 and a one year high of $349.00. The company has a market cap of $4.08 trillion, a P/E ratio of 31.19, a P/E/G ratio of 2.05 and a beta of 1.12. The firm’s fifty day moving average price is $306.35 and its two-hundred day moving average price is $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 (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Equities analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio is 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts lifted targets and ratings — Phillip Securities raised its price target to $395 and kept an “accumulate” rating, and Citi bumped its target to $405 and maintained a Buy, supplying upward pressure from institutional views. Phillip Securities target raise
• Positive Sentiment: Brokerage upgrades and momentum calls — Stifel Nicolaus issued a Buy on Alphabet and other outlets (Zacks/Citi coverage) are flagging a cluster of near-term product and event catalysts that could lift the stock into July. These notes support near-term buying interest. Stifel Nicolaus buy
• Positive Sentiment: Commercial traction for Google Cloud — GitLab expanded its Google Cloud collaboration (Duo Agent platform access), a partnership that can incrementally support Cloud revenue and ecosystem strength. GitLab Google Cloud partnership
• Neutral Sentiment: AI/quantum investor thesis continues to attract buyers — multiple articles highlight Alphabet as a leader in quantum and cloud AI infrastructure, reinforcing long-term secular interest but offering mixed near-term impact. Fool: AI-quantum thesis
• Neutral Sentiment: Market positioning and earnings expectations — Zacks and other outlets point to Alphabet’s strong earnings surprise history and momentum scores, making a beat at the April 29 report a likely positive catalyst if results hold. Zacks earnings preview
• Negative Sentiment: EU Digital Markets Act scrutiny — The European Commission’s preliminary finding would require Google to let third‑party search engines access search data and AI chatbot outputs, a move that could weaken search/ads franchise advantages in Europe and raise compliance costs. Reuters: EU DMA preliminary findings
• Negative Sentiment: U.S. antitrust complaint from rival app store Aptoide — A new lawsuit accuses Google of monopolizing Android app distribution and billing, adding to legal risk and potential remediation costs. Reuters: Aptoide lawsuit
• Negative Sentiment: Competitive and ad-quality pressures — Meta’s new Muse Spark model improvements and reports of sophisticated ad-fraud/scareware schemes affecting Google Discover highlight competitive threats and potential ad-quality/monetization headwinds. MarketBeat: Meta Muse Spark
• Negative Sentiment: Mixed analyst signals — some outlets report Stifel lowered longer-term expectations in separate notes, introducing nuance to otherwise bullish analyst activity and reminding investors of valuation sensitivity. AmericanBankingNews: Stifel lowers expectations

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,068,744 shares of company stock valued at $104,505,914 in the last three months. Insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. DA Davidson lifted their target price on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Tigress Financial set a $415.00 target price on shares of Alphabet and gave the stock a “strong-buy” rating in a research note on Thursday, February 19th. Truist Financial set a $385.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Phillip Securities lifted their target price on shares of Alphabet from $340.00 to $395.00 and gave the stock a “moderate buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $367.62.

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.