Portus Wealth Advisors LLC Acquires Shares of 4,932 Alphabet Inc. $GOOGL

Portus Wealth Advisors LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOGL) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 4,932 shares of the information services provider’s stock, valued at approximately $1,199,000. Alphabet accounts for approximately 1.2% of Portus Wealth Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

Several other large investors have also made changes to their positions in the company. Financial Gravity Companies Inc. acquired a new position in Alphabet in the second quarter valued at about $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the third quarter valued at approximately $53,000. iSAM Funds UK Ltd acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. Corsicana & Co. bought a new stake in Alphabet during the 3rd quarter worth approximately $54,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Top AI and strategy hires strengthen DeepMind execution — Jasjeet Sekhon, Bridgewater’s chief scientist, is joining Google’s DeepMind as chief strategy officer, boosting AI talent and strategy depth that supports product leadership and monetization opportunities. Article Title
• Positive Sentiment: Cloud/security M&A expands enterprise angle — Alphabet’s acquisition of Wiz strengthens Google Cloud’s security stack, a key competitive lever vs. AWS/Azure and a driver of higher-margin, enterprise revenue. Article Title
• Positive Sentiment: Defense relationships could open government revenue paths — reporting says Google has rebuilt ties with the Pentagon, which could translate to lucrative contracts if political headwinds remain manageable. Article Title
• Positive Sentiment: AI product momentum pressures rivals — Google’s Stitch redesign (AI → UI generation) is already rattling competitors like Adobe, signaling product strength that could help user growth and ad/cloud adoption. Article Title
• Neutral Sentiment: Regulatory concession may reduce UK friction — Google said it will build search controls allowing sites to opt out of generative-AI features, a move that could blunt UK CMA concerns but may limit feature reach. Article Title
• Neutral Sentiment: Supply-chain / infrastructure sourcing discussions — Google is in talks with Chinese firms for data-center liquid-cooling equipment; could reduce capex cost or invite scrutiny depending on geopolitics. Article Title
• Negative Sentiment: Large planned capex raises near-term margin and valuation questions — Alphabet’s plan to invest up to ~$185B by 2026 and higher AI-driven capex fuels concerns about margin pressure and whether current P/E already prices in that spending. Article Title
• Negative Sentiment: Valuation debate persists despite upbeat fundamentals — analysts remain optimistic, but some write-ups flag Alphabet’s ~25–29x P/E and rising capex as limiting near-term upside vs. expectations. Article Title

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Sanford C. Bernstein lifted their price objective on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, February 2nd. Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. DA Davidson raised their target price on Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Argus lifted their price target on Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Mizuho upped their price target on shares of Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Insider Buying and Selling at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on 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 represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. 11.64% of the stock is currently owned by company insiders.

Alphabet Stock Down 1.0%

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

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

Alphabet Announces Dividend

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

Alphabet 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.