Wilmington Savings Fund Society FSB Reduces Position in Alphabet Inc. $GOOGL

Wilmington Savings Fund Society FSB lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 57.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,853 shares of the information services provider’s stock after selling 156,592 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Alphabet were worth $28,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mayport LLC grew its holdings in shares of Alphabet by 11.7% during the third quarter. Mayport LLC now owns 5,529 shares of the information services provider’s stock valued at $1,344,000 after buying an additional 581 shares during the last quarter. Caerus Investment Advisors LLC lifted its position in Alphabet by 17.5% during the 3rd quarter. Caerus Investment Advisors LLC now owns 13,231 shares of the information services provider’s stock worth $3,216,000 after acquiring an additional 1,967 shares during the period. First Commonwealth Financial Corp PA lifted its position in Alphabet by 1.2% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 27,553 shares of the information services provider’s stock worth $6,698,000 after acquiring an additional 331 shares during the period. Center For Asset Management LLC grew its stake in Alphabet by 10.9% during the 3rd quarter. Center For Asset Management LLC now owns 13,883 shares of the information services provider’s stock valued at $3,375,000 after purchasing an additional 1,362 shares during the last quarter. Finally, Faithward Advisors LLC increased its holdings in shares of Alphabet by 12.3% in the third quarter. Faithward Advisors LLC now owns 3,318 shares of the information services provider’s stock valued at $807,000 after purchasing an additional 364 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Down 1.0%

GOOGL stock opened at $307.69 on Thursday. The stock has a market capitalization of $3.72 trillion, a P/E ratio of 28.46, a P/E/G ratio of 1.82 and a beta of 1.10. The firm has a 50-day simple moving average of $318.54 and a 200-day simple moving average of $291.85. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $111.24 billion. Equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 7.77%.

Insider Transactions at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the transaction, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. The trade was a 1.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction that occurred 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 SEC filing for this sale provides additional information. Insiders sold a total of 2,110,165 shares of company stock worth $118,134,117 in the last 90 days. Insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research reports. Wedbush lifted their target price on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Truist Financial set a $385.00 price target on Alphabet in a research report on Thursday, February 5th. Citigroup raised their price objective on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a report on Monday, February 9th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $367.18.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat highlights Alphabet as a relative leader among mega‑cap tech names — cites consecutive earnings beats, Google Cloud strength and outperformance vs. peers, supporting investor confidence in execution. 2 Tech Giants Holding Their Ground While the Market Slides
• Positive Sentiment: DeepMind hires Jasjeet Sekhon (Bridgewater’s chief scientist) as chief strategy officer — a high‑profile AI hire that strengthens DeepMind’s talent and strategy as Alphabet pushes AI leadership. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
• Positive Sentiment: Alphabet’s Wiz acquisition bolsters Google Cloud security capabilities — strengthens competitive positioning vs. AWS/Azure and supports Cloud revenue growth narratives. GOOGL’s Wiz Buyout Expands Cloud Security Portfolio: What’s Ahead?
• Positive Sentiment: Google is implementing an AI opt‑out for websites to address UK competition concerns — a regulatory concession that should reduce policy risk around generative search features. Google to allow AI opt-out to ease UK competition concerns
• Positive Sentiment: Google’s Stitch redesign and other product moves underline AI-driven product expansion (also pressuring competitors like Adobe), reinforcing the TAM growth story for Alphabet’s software/AI stack. Adobe Stock Drops After Google’s Stitch Redesign
• Positive Sentiment: Alphabet paid a small dividend on March 16 ($0.21/share) — a shareholder‑friendly move that can support investor sentiment. Google stock just paid dividends; here’s how much investors received
• Neutral Sentiment: Insider selling disclosed: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and Director John Hennessy sold 1,050 shares — notable transactions but small relative to their holdings; watch for pattern rather than one‑off sales. Sundar Pichai insider sale John L. Hennessy insider sale
• Neutral Sentiment: Short interest data appears anomalous (reports of zero/NaN) and is not signaling a clear short‑squeeze or build‑up at present.
• Negative Sentiment: Broader investor worry over massive hyperscaler AI spending and whether returns justify it — analysts flag $410B+ hyperscaler capex and growing margins pressure, which weighs on tech multiples including Alphabet. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation concerns persist as analysts debate whether Alphabet’s higher capex and margin pressure justify its current P/E — this keeps upside constrained despite operational wins. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

About Alphabet

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.