Coldstream Capital Management Inc. increased its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 13.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 156,332 shares of the information services provider’s stock after purchasing an additional 18,653 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Alphabet were worth $38,075,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of GOOG. Brighton Jones LLC raised its holdings in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares during the period. LSV Asset Management grew its stake in shares of Alphabet by 200.0% in the 2nd quarter. LSV Asset Management now owns 840 shares of the information services provider’s stock valued at $149,000 after buying an additional 560 shares during the period. Nordwand Advisors LLC bought a new stake in Alphabet in the 2nd quarter valued at about $639,000. McDonough Capital Management Inc increased its position in Alphabet by 3.4% in the 2nd quarter. McDonough Capital Management Inc now owns 83,954 shares of the information services provider’s stock valued at $14,893,000 after buying an additional 2,729 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. raised its stake in Alphabet by 8.2% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 18,863 shares of the information services provider’s stock worth $3,346,000 after buying an additional 1,435 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.
Analyst Ratings Changes
Several research analysts have issued reports on GOOG shares. Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Wedbush restated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Needham & Company LLC set a $400.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a report on Friday. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $345.71.
Alphabet Stock Up 1.6%
GOOG stock opened at $309.41 on Wednesday. The firm has a market capitalization of $3.74 trillion, a PE ratio of 28.62, a P/E/G ratio of 1.78 and a beta of 1.10. 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 twelve month low of $142.66 and a twelve month high of $350.15. The stock’s 50 day moving average is $319.00 and its 200-day moving average is $292.22.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.Alphabet’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.15 earnings per share. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 7.77%.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: MoffettNathanson reiterated a Buy rating and kept a $350 price target, citing robust YouTube monetization and positioning Alphabet as a top media/ad franchise—this typically supports investor confidence in revenue upside. MoffettNathanson Buy Rating
- Positive Sentiment: Alphabet paid a cash dividend ($0.21/share on March 16), signaling shareholder-friendly capital allocation and returning cash to investors—a direct positive for yield-seeking holders. Dividend Payout
- Positive Sentiment: Coverage highlighting Alphabet’s massive multi‑year investments (reported at ~$346B) is being framed as driving durable growth and scale benefits to the bottom line—supportive for long-term earnings expectations. $346B Investment Boost
- Neutral Sentiment: Reuters reports Google procurement teams in China are in talks to buy liquid cooling systems from Envicool and others—operational detail that may lower data‑center costs or raise supply/geopolitical considerations depending on outcomes. China Cooling Systems Talks
- Neutral Sentiment: Short‑interest data in the aggregated feed shows anomalous zeroes for March (likely a reporting/data issue); no clear signal for increased bearish bets from that metric today.
- Neutral Sentiment: Coverage of quantum computing competition (IBM vs. other players) notes Alphabet’s activity in the space but does not yet alter near‑term revenue—relevant for long‑range R&D narrative but not immediate earnings. Quantum Computing Landscape
- Negative Sentiment: European publishers and tech firms are pressing the EU to speed a probe and potential fine over Google Search self‑preferencing—an escalated regulatory risk that could hit search economics or lead to enforcement costs. EU Antitrust Pressure
- Negative Sentiment: Analyst commentary flags valuation concerns (mid‑20s P/E) and rising capex/margin pressure despite AI-driven growth—this frames upside as dependent on sustained margin recovery and execution. Valuation Concerns
Insider Transactions at Alphabet
In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the transaction, the chief executive officer directly owned 1,674,560 shares in the company, valued at approximately $508,028,012.80. The trade was a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 47,574 shares of the company’s 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 completion of the sale, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,076,615 shares of company stock worth $107,809,111. 12.99% of the stock is owned by insiders.
Alphabet Company Profile
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.
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