Horizon Wealth Management LLC Has $1.86 Million Position in Alphabet Inc. $GOOG

Horizon Wealth Management LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG) by 40.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,934 shares of the information services provider’s stock after buying an additional 1,722 shares during the quarter. Horizon Wealth Management LLC’s holdings in Alphabet were worth $1,862,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC increased 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 worth $22,901,000 after buying an additional 6,410 shares in the last quarter. Worldquant Millennium Advisors LLC grew its position in Alphabet by 76.2% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock worth $330,886,000 after acquiring an additional 806,681 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in Alphabet during the 2nd quarter worth approximately $658,000. Financial Advisors Network Inc. grew its position in Alphabet by 7.7% during the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock worth $1,409,000 after acquiring an additional 565 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in Alphabet by 10.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock worth $6,618,000 after acquiring an additional 3,616 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased major AI products and upgrades, including Gemini 3.5 Flash, Gemini Spark, AI-powered Search changes, and new monetization features, reinforcing confidence that Alphabet can monetize AI across its core businesses.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture built around Google’s TPU chips, which could expand Google Cloud and strengthen Alphabet’s position in AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Wall Street commentary after I/O has been bullish, with multiple firms reiterating Buy/Outperform ratings and higher price targets, suggesting the market sees more upside from Alphabet’s AI strategy.
• Positive Sentiment: Recent coverage says Alphabet’s AI adoption, cloud growth, and record operating margins support the view that the company is not just spending on AI, but improving profitability as well.
• Neutral Sentiment: Some reports note mixed signals from large investors and traders, including portfolio trimming by a few funds and valuation concerns after the stock’s strong run.
• Negative Sentiment: Alphabet also faced headlines about a director sale and a major shareholder reducing its stake, which may create modest short-term pressure as investors lock in gains. TikTok, YouTube lag on UK child safety as rivals act, regulator says

Alphabet Price Performance

NASDAQ:GOOG opened at $384.90 on Thursday. The stock’s fifty day moving average price is $332.59 and its two-hundred day moving average price is $319.68. Alphabet Inc. has a 52-week low of $163.33 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 1.65 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter in the prior year, the business earned $2.81 EPS. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is currently 6.41%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Phillip Securities lowered Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Stifel Nicolaus set a $420.00 price target on Alphabet in a research report on Wednesday. Pivotal Research restated a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Sanford C. Bernstein restated a “market perform” rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Truist Financial set a $385.00 price target on Alphabet in a research report on Wednesday, April 22nd. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $365.23.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 226,481 shares of company stock worth $27,422,061. 12.99% of the stock is owned by company insiders.

Alphabet 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.