Alphabet Inc. $GOOGL is Lincoln Capital LLC’s 2nd Largest Position

Lincoln Capital LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 156,456 shares of the information services provider’s stock after selling 3,035 shares during the period. Alphabet makes up 7.2% of Lincoln Capital LLC’s holdings, making the stock its 2nd biggest holding. Lincoln Capital LLC’s holdings in Alphabet were worth $38,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its holdings in Alphabet by 9.6% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 4,900 shares of the information services provider’s stock valued at $862,000 after acquiring an additional 431 shares during the period. Matrix Asset Advisors Inc. NY grew its position in Alphabet by 17.6% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after acquiring an additional 581 shares in the last quarter. Finally, CV Advisors LLC increased its stake in Alphabet by 2.0% during the second quarter. CV Advisors LLC now owns 77,707 shares of the information services provider’s stock worth $13,694,000 after purchasing an additional 1,494 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Susquehanna raised their price objective on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, October 30th. Wells Fargo & Company set a $354.00 price target on shares of Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. KeyCorp set a $370.00 price objective on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Canaccord Genuity Group set a $415.00 price objective on Alphabet in a research note on Thursday, February 5th. Finally, HSBC boosted their target price on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $365.86.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Apple are adding music-focused generative-AI features to core apps, showing Alphabet’s AI tech is moving into mainstream consumer experiences that can drive engagement and ad/licensing opportunities. Google Gemini, Apple add music-focused generative AI features
• Positive Sentiment: Google will develop AI tools with Sea Ltd for e-commerce and gaming in Southeast Asia — a tie-up that expands Google Cloud and AI reach in high-growth markets, boosting potential cloud revenue. Google, Shopee-owner Sea to develop AI tools for e-commerce, gaming
• Positive Sentiment: Industry mega-deals like the NVIDIA–Meta expansion reinforce massive, multiyear demand for AI compute — a tailwind for Google Cloud (inference/deployment demand) as hyperscalers lock in infrastructure spending. NVIDIA and Meta Deepen Their AI Alliance
• Positive Sentiment: Big investors remain supportive: Berkshire Hathaway kept its Alphabet stake in recent filings and other high-profile investors (e.g., David Tepper) have increased exposure — signals of institutional confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Neutral Sentiment: Booking Holdings’ stock-split/earnings story spotlights Google’s Travel/AI booking capabilities — the piece underscores competitive dynamics (Google can disintermediate travel booking) but it’s more relevant as industry context than an immediate revenue swing for Alphabet. Booking Holdings Split: The Catalyst Wall Street Didn’t See Coming
• Negative Sentiment: Insider selling: Director John Hennessy sold 600 shares (filed in mid-February) — a small but visible insider sale that can amplify short-term selling narratives. Alphabet Director John Hennessy Sells 600 Shares
• Negative Sentiment: Waymo/regulatory and operational noise: New York regulatory shifts and scrutiny around remote-assistance in robotaxis constrain Waymo’s expansion and keep a regulatory overhang on Alphabet’s AV ambitions. New York Gov. Hochul drops robotaxi service proposal for outside NYC
• Negative Sentiment: Service reliability and cost concerns: A YouTube outage and commentary about Alphabet’s heavy CapEx for AI compute contribute to short-term profit-taking and worries about near-term margins. YouTube outage hits over 32,000 users

Alphabet Stock Performance

Shares of Alphabet stock opened at $302.85 on Friday. 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. The firm’s 50 day moving average is $320.20 and its two-hundred day moving average is $277.46. The firm has a market capitalization of $3.66 trillion, a P/E ratio of 28.02, a P/E/G ratio of 1.78 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last issued its 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 during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend 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 presently 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the completion of the sale, the chief executive officer owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at $3,337,229.80. The trade was a 8.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,079,982 shares of company stock valued at $109,267,889. 11.64% of the stock is owned by 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.