Alphabet Inc. $GOOGL Stock Holdings Cut by SlateStone Wealth LLC

SlateStone Wealth LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,230 shares of the information services provider’s stock after selling 4,104 shares during the quarter. Alphabet accounts for about 2.2% of SlateStone Wealth LLC’s portfolio, making the stock its 6th largest position. SlateStone Wealth LLC’s holdings in Alphabet were worth $25,338,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Poehling Capital Management INC. lifted its holdings in shares of Alphabet by 10.3% in the 3rd quarter. Poehling Capital Management INC. now owns 1,932 shares of the information services provider’s stock valued at $470,000 after acquiring an additional 181 shares during the last quarter. MONECO Advisors LLC increased its stake in Alphabet by 28.5% during the third quarter. MONECO Advisors LLC now owns 45,745 shares of the information services provider’s stock worth $11,121,000 after acquiring an additional 10,151 shares during the last quarter. Bond & Devick Financial Network Inc. raised its position in Alphabet by 5.2% during the third quarter. Bond & Devick Financial Network Inc. now owns 16,789 shares of the information services provider’s stock valued at $4,081,000 after purchasing an additional 831 shares during the period. Providence Wealth Advisors LLC raised its position in Alphabet by 7.1% during the third quarter. Providence Wealth Advisors LLC now owns 5,664 shares of the information services provider’s stock valued at $1,515,000 after purchasing an additional 374 shares during the period. Finally, Waterloo Capital L.P. lifted its stake in shares of Alphabet by 12.1% in the 3rd quarter. Waterloo Capital L.P. now owns 26,868 shares of the information services provider’s stock valued at $6,532,000 after purchasing an additional 2,897 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strategic cloud partnerships expanding addressable market — Google announced a deal with Sea Ltd to build AI tools for e‑commerce and gaming, which supports Google Cloud revenue growth in Southeast Asia and demonstrates enterprise demand for its AI stack. Read More.
• Positive Sentiment: Product momentum — Google is rolling Gemini‑powered, music‑focused generative‑AI features (also showing up at competitors), indicating faster consumer AI adoption that could boost engagement and future monetization. Read More.
• Positive Sentiment: Institutional support & analyst upgrades — recent 13F activity and analyst price‑target increases (and MarketBeat coverage) signal long‑term investor conviction that can underpin the stock. Read More.
• Neutral Sentiment: AI infrastructure arms race — NVIDIA–Meta mega‑deal and hyperscaler capex plans validate AI demand but raise competitive and capital‑intensity questions for Google; this is demand‑positive but increases the investment bar. Read More.
• Neutral Sentiment: Alphabet exploring chip/partner strategies — WSJ reports Google is weighing ways to use its balance sheet to better compete with chip suppliers, a strategic move that could reduce long‑run costs or distract management depending on execution. Read More.
• Negative Sentiment: Insider selling — recent disclosed sales by CEO Sundar Pichai and senior exec John Kent Walker (multi‑million dollar sales) can sap near‑term sentiment even if routine for compensation/liquidity reasons. Read More. Read More.
• Negative Sentiment: Security/legal risk — indictment of three engineers accused of stealing Google trade secrets and sending data to Iran raises potential IP, litigation and reputational risks that investors will watch. Read More.
• Negative Sentiment: AI rotation/profit‑taking — some prominent managers have trimmed AI positions in recent 13F filings, which contributes to episodic pressure on hyperscaler multiples. Read More.

Alphabet Price Performance

Shares of GOOGL stock opened at $314.98 on Friday. The company has a market capitalization of $3.81 trillion, a P/E ratio of 29.14, a P/E/G ratio of 1.78 and a beta of 1.09. The company’s 50-day simple moving average is $320.32 and its two-hundred day simple moving average is $278.30. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. 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 announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Analyst Ratings Changes

Several research firms have recently weighed in on GOOGL. Wedbush boosted their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. UBS Group set a $348.00 target price on shares of Alphabet and gave the company a “neutral” rating in a research note on Thursday, February 5th. Bank of America lifted their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, CICC Research upped their price target on shares of Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $365.86.

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,112,482 shares of company stock valued at $119,145,289 over the last three months. 11.64% of the stock is currently owned by corporate insiders.

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.