Xponance LLC Purchases 24,976 Shares of Alphabet Inc. $GOOG

Xponance LLC raised its position in Alphabet Inc. (NASDAQ:GOOG) by 2.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,073,830 shares of the information services provider’s stock after acquiring an additional 24,976 shares during the quarter. Alphabet accounts for about 2.5% of Xponance LLC’s investment portfolio, making the stock its 8th biggest position. Xponance LLC’s holdings in Alphabet were worth $336,968,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in shares of Alphabet by 76.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after acquiring an additional 806,681 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Alphabet in the second quarter valued at approximately $658,000. Financial Advisors Network Inc. boosted its holdings in shares of Alphabet by 7.7% in the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after acquiring an additional 565 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of Alphabet by 10.7% in the second quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after acquiring an additional 3,616 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Trading Up 0.9%

Shares of NASDAQ:GOOG opened at $356.56 on Friday. The stock has a market capitalization of $4.32 trillion, a price-to-earnings ratio of 27.20, a PEG ratio of 1.51 and a beta of 1.22. Alphabet Inc. has a 1-year low of $163.33 and a 1-year high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company has a 50 day moving average price of $356.44 and a 200 day moving average price of $329.24.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period last year, the firm posted $2.81 earnings per share. On average, research analysts anticipate that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is 6.71%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. Truist Financial set a $430.00 price objective on shares of Alphabet in a report on Monday, June 1st. Raymond James Financial reiterated a “strong-buy” rating and issued a $425.00 price objective on shares of Alphabet in a report on Thursday, April 30th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Monday, June 1st. Finally, Stifel Nicolaus set a $420.00 price objective on shares of Alphabet in a report on Wednesday, May 20th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $376.78.

Insider Activity

In related news, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares in the company, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00. Following the sale, the director owned 18,721 shares of the company’s stock, valued at $7,132,701. The trade was a 0.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 193,016 shares of company stock valued at $17,282,549 in the last ninety days. 12.99% of the stock is owned by company insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Waymo is expanding its robotaxi business with a new $29.99 monthly “Waymo Premier” subscription, adding recurring revenue potential and signaling stronger demand in key markets like San Francisco, Los Angeles, and Phoenix. Waymo launches premier subscription tier for $29.99 a month, starting in select cities
• Positive Sentiment: Alphabet’s “Other Bets” got fresh attention as Waymo and Wing showed meaningful progress, reinforcing the view that Alphabet has valuable optionality beyond Search and Cloud. Alphabet’s Most Overlooked Division Just Had a Big Week
• Positive Sentiment: Analysts and market commentary continue to frame Alphabet as an attractive long-term AI stock, helped by its large cash generation and ability to fund major infrastructure spending. Is Alphabet Inc. (GOOGL) One of the Best Forever Stocks to Buy on $85B Capital Raise?
• Positive Sentiment: Alphabet’s recent capital raise was described as credit-positive by Moody’s, suggesting the company still has strong financial flexibility to keep investing in AI and data centers. Is Alphabet Inc. (GOOGL) One of the Best Forever Stocks to Buy on $85B Capital Raise?
• Neutral Sentiment: Alphabet will be represented at the upcoming G7 summit as leaders discuss AI and online safety, keeping the company in the policy spotlight. Tech executives to attend G7 summit as leaders address AI, online safety
• Neutral Sentiment: Alphabet shareholders approved an expanded stock plan and re-elected the board, which is supportive of employee retention but not an immediate operating catalyst. Alphabet Shareholders Approve Stock Plan Expansion, Reelect Board
• Neutral Sentiment: Google’s lawsuit against a Chinese cybercrime group using Gemini highlights AI misuse risks, but also shows Alphabet taking action to protect its platform. Google Sues to Stop Chinese Cybercrime Group from Using Its A.I.
• Negative Sentiment: Investors remain concerned about rising capex and whether Alphabet can monetize AI fast enough to justify the spending spree, which has weighed on sentiment. Alphabet (GOOG) Slipped on Concerns Over Increased Capex and AI Monetization
• Negative Sentiment: Alphabet also faced fresh negative headlines around Google’s AI Overview and a separate youth-addiction lawsuit, which could add regulatory and reputational pressure. Google Stock Drops as AI Overview Faces Fresh Controversy

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.