Roberts Glore & Co. Inc. IL Lowers Position in Alphabet Inc. $GOOG

Roberts Glore & Co. Inc. IL trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,895 shares of the information services provider’s stock after selling 2,175 shares during the period. Alphabet comprises approximately 4.3% of Roberts Glore & Co. Inc. IL’s investment portfolio, making the stock its 4th largest holding. Roberts Glore & Co. Inc. IL’s holdings in Alphabet were worth $16,285,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Kathmere Capital Management LLC raised its stake in Alphabet by 8.5% in the 4th quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock valued at $9,381,000 after acquiring an additional 2,341 shares during the period. Atlantic Union Bankshares Corp raised its stake in Alphabet by 31.3% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after acquiring an additional 84,553 shares during the period. Baltimore Washington Financial Advisors Inc. raised its stake in Alphabet by 0.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock valued at $53,920,000 after acquiring an additional 2,009 shares during the period. Newbridge Financial Services Group Inc. raised its stake in Alphabet by 7.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock valued at $19,060,000 after acquiring an additional 4,239 shares during the period. Finally, LBP AM SA raised its stake in Alphabet by 11.0% in the 3rd quarter. LBP AM SA now owns 431,349 shares of the information services provider’s stock valued at $105,055,000 after acquiring an additional 42,639 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the transaction, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. The trade was a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 226,481 shares of company stock valued at $27,422,061 in the last three months. Insiders own 12.99% of the company’s stock.

Alphabet Price Performance

GOOG stock opened at $384.84 on Wednesday. The firm has a 50 day moving average of $338.73 and a 200-day moving average of $322.49. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $163.33 and a 12 month high of $404.47. The firm has a market capitalization of $4.66 trillion, a P/E ratio of 29.35, a price-to-earnings-growth ratio of 1.62 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same period last year, the business earned $2.81 earnings per share. Alphabet’s revenue was up 21.8% compared to the same quarter last year. As a group, sell-side analysts predict that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Wall Street Analyst Weigh In

GOOG has been the topic of a number of research reports. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. TD Cowen restated a “buy” rating on shares of Alphabet in a research note on Thursday, May 21st. Stifel Nicolaus set a $420.00 price objective on Alphabet in a research note on Wednesday, May 20th. JPMorgan Chase & Co. boosted their price objective on Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $372.65.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google used its Marketing Live event to roll out AI-powered ad products tied to Gemini, including conversational ads, smarter Shopping Ads, and checkout inside AI search results — a sign that Alphabet is turning its AI push into new revenue opportunities. Google Wants Ads to Talk Back in AI Search
• Positive Sentiment: Several reports highlighted Alphabet’s strong AI and cloud momentum, including Google Cloud expansion, Gemini adoption, and a bullish outlook that sees the company benefiting from continued search and advertising strength. What Google Search’s New AI Mode Means for B2B Discovery
• Positive Sentiment: Market commentary and analyst chatter continued to frame Alphabet as a leading AI beneficiary, with some price targets and forecasts implying meaningful upside from current levels. Is Most-Watched Stock Alphabet Inc. (GOOG) Worth Betting on Now?
• Neutral Sentiment: Investor attention remains elevated after Google I/O and the company’s AI overhaul, but some coverage warns that publishers could lose traffic as search becomes more AI-driven. Google Search AI Overhaul Leaves Publishers Bracing For ‘Google Zero’
• Negative Sentiment: Alphabet faces fresh regulatory overhang after reports said the EU is preparing a record antitrust penalty over alleged search favoritism under the Digital Markets Act, which could pressure sentiment. EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports
• Negative Sentiment: Some headlines also noted user pushback against Google’s AI Search changes and reports of DuckDuckGo gaining installs, suggesting potential concern about how users will react to the new search experience. DuckDuckGo installs are up 30% as users reject being ‘force-fed’ Google’s AI Search

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.