Private Wealth Asset Management LLC Buys 1,730 Shares of Alphabet Inc. $GOOGL

Private Wealth Asset Management LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 7.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,020 shares of the information services provider’s stock after buying an additional 1,730 shares during the quarter. Alphabet accounts for 0.7% of Private Wealth Asset Management LLC’s portfolio, making the stock its 28th largest position. Private Wealth Asset Management LLC’s holdings in Alphabet were worth $6,325,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Alphabet in the 2nd quarter worth about $21,944,208,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Alphabet by 17,667.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after acquiring an additional 15,159,273 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after acquiring an additional 10,843,853 shares during the period. Vanguard Group Inc. raised its holdings in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after purchasing an additional 6,733,278 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Alphabet by 201.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock valued at $1,153,824,000 after purchasing an additional 4,374,542 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Stock Down 0.6%

NASDAQ GOOGL opened at $309.00 on Friday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.73 trillion, a P/E ratio of 28.58, a price-to-earnings-growth ratio of 1.83 and a beta of 1.09. The stock’s 50-day moving average price is $321.51 and its 200-day moving average price is $273.62.

Alphabet (NASDAQ:GOOGLGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. On average, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Insider Transactions at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director owned 18,307 shares in the company, valued at approximately $6,224,380. This trade represents a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,067,086 shares of company stock valued at $105,184,255. Company insiders own 11.64% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Analysts lifted targets — Arete and New Street recently raised price targets (to $405 and $380 respectively), underscoring continued buy-side conviction around Alphabet’s AI and cloud leadership. Arete Research Adjusts Price Target on Alphabet
  • Positive Sentiment: Google Cloud monetization and AI demand remain strong — recent coverage highlights robust Cloud revenue growth and improving profitability from AI workstreams, supporting longer‑term revenue trajectory. Google Cloud Is Turning AI Demand Into Profits
  • Positive Sentiment: Waymo product rollout advances — Waymo began deploying sixth‑generation Ojai robotaxis, which the company says are lower‑cost and more weather‑capable, a tangible execution milestone for Alphabet’s autonomous‑vehicle unit. Waymo Begins Deploying Next‑Gen Ojai Robotaxis
  • Positive Sentiment: Institutional support — Some major firms (e.g., JPMorgan) are reiterating buy views, which can help stabilize sentiment after short‑term weakness. JPMorgan Chase Reiterates Buy Rating for Alphabet
  • Neutral Sentiment: Century bond drew strong demand — Alphabet’s rare 100‑year bond saw heavy uptake (pension buyers), providing low‑cost financing for AI capex but raising debate about long‑dated debt risks. Investors view this as both a funding positive and a longer‑term leverage concern. Why Alphabet’s 100‑Year Bond Is Raising New Fears
  • Negative Sentiment: EU antitrust probe into search ad auctions — Regulators in Europe have opened inquiries into Google’s sale of search ads, a regulatory risk that could pressure ad economics or require product changes if enforcement follows. Google Targeted by EU Over Search Ad Auction Practices
  • Negative Sentiment: Heavy 2026 capex plan fuels profit‑and‑monetization fears — Coverage highlights a $175B–$185B capex plan for AI infrastructure; that large spend profile is creating near‑term free‑cash‑flow and margin anxiety, which has been cited as a reason for recent share weakness. Alphabet Drops 7% Post Q4 Earnings

Analyst Ratings Changes

A number of equities research analysts have commented on GOOGL shares. Wolfe Research lifted their target price on shares of Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Roth Mkm raised their price target on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Citic Securities upped their price objective on Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Bank of America increased their target price on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $361.64.

Get Our Latest Stock Report on GOOGL

Alphabet Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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