Alphabet Inc. $GOOG is Meyer Handelman Co.’s 5th Largest Position

Meyer Handelman Co. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 305,664 shares of the information services provider’s stock after acquiring an additional 1,920 shares during the quarter. Alphabet comprises about 3.0% of Meyer Handelman Co.’s portfolio, making the stock its 5th largest position. Meyer Handelman Co.’s holdings in Alphabet were worth $95,917,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in shares of Alphabet during the third quarter worth about $31,000. Manning & Napier Advisors LLC purchased a new stake in Alphabet in the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC acquired a new position in Alphabet in the 3rd quarter worth approximately $40,000. Retirement Wealth Solutions LLC increased its holdings in Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after buying an additional 116 shares during the period. Finally, Bay Harbor Wealth Management LLC raised its position in Alphabet by 56.8% during the 3rd quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the sale, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. This trade represents a 1.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,101,844 shares of company stock valued at $115,147,751 in the last 90 days. 12.99% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

GOOG has been the subject of several research reports. Wedbush restated an “outperform” rating and set a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Needham & Company LLC set a $400.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Friday, March 13th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. BMO Capital Markets restated an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Buy” and a consensus target price of $345.71.

Alphabet Stock Performance

GOOG stock opened at $294.46 on Friday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The business’s 50-day moving average is $309.00 and its 200 day moving average is $296.92. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.56 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.80 and a beta of 1.13.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The business had revenue of $113.83 billion during 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%.The business’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Gemma 4, an open‑source AI model family that strengthens Google’s developer ecosystem and supports future cloud/AI revenue opportunities. Read More.
• Positive Sentiment: Google updated Gemini API pricing with “Flex” and “Priority” tiers to balance speed, cost and reliability — that could broaden usage, enable more price‑sensitive workloads, and boost API adoption/revenue. Read More.
• Positive Sentiment: Technical advances like TurboQuant (memory/compression for large models) can lower infrastructure costs for AI workloads and improve margins over time — a structural benefit to Google’s cloud/AI economics. Read More.
• Neutral Sentiment: Wells Fargo and other analysts remain constructive (Overweight/Buy) but have trimmed price targets — signaling confidence in the long run while dialing back near‑term expectations. Read More.
• Neutral Sentiment: Market/ETF flows continue to amplify Alphabet’s moves (SPY/QQQ dynamics): macro risk‑on/off days can create outsized short‑term volatility for big caps. Read More.
• Neutral Sentiment: Big Tech H‑1B filings have fallen, reflecting broader hiring freezes/reshuffling across the sector — not an Alphabet‑specific revenue issue but a labor/strategy signal. Read More.
• Negative Sentiment: Turkey’s competition authority opened an investigation into Google’s advertising and billing practices — regulatory probes risk fines, remedial costs and local ad‑revenue disruption. Read More.
• Negative Sentiment: Alphabet’s principal accounting officer, Amie Thuener O’Toole, is leaving (joining Broadcom as CFO) — departure of a senior finance leader creates some short‑term transition risk for controls and reporting. Read More.
• Negative Sentiment: Semianalysis warned heavy AI capex could push Google’s free cash flow toward zero next year — investors sensitive to FCF may penalize valuation if spending outpaces monetization. Read More.
• Negative Sentiment: Recent insider selling by senior executives (e.g., John Kent Walker) adds to near‑term negative sentiment, especially amid market sensitivity to insider activity. Read More.
• Negative Sentiment: Broader legal pressure on platforms (recent cases challenging Section 230 protections) raises regulatory and litigation risk for YouTube/Google content/ad products. Read More.

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.