Alphabet Inc. $GOOG is CHICAGO TRUST Co NA’s 8th Largest Position

CHICAGO TRUST Co NA increased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 24.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,814 shares of the information services provider’s stock after buying an additional 9,096 shares during the quarter. Alphabet comprises 2.1% of CHICAGO TRUST Co NA’s investment portfolio, making the stock its 8th biggest holding. CHICAGO TRUST Co NA’s holdings in Alphabet were worth $13,429,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Barnes Pettey Financial Advisors LLC lifted its stake in Alphabet by 7.9% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 776 shares of the information services provider’s stock valued at $223,000 after buying an additional 57 shares during the last quarter. Balentine LLC grew its position in shares of Alphabet by 1.2% during the first quarter. Balentine LLC now owns 7,302 shares of the information services provider’s stock worth $2,095,000 after acquiring an additional 87 shares during the last quarter. TKG Advisors LLC increased its holdings in shares of Alphabet by 10.1% in the 1st quarter. TKG Advisors LLC now owns 2,110 shares of the information services provider’s stock valued at $605,000 after acquiring an additional 194 shares during the period. Vertrix Wealth Management LLC acquired a new position in shares of Alphabet in the 1st quarter valued at $1,067,000. Finally, Whelan Financial raised its position in Alphabet by 4.2% in the 1st quarter. Whelan Financial now owns 13,442 shares of the information services provider’s stock valued at $3,856,000 after purchasing an additional 543 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on GOOG. KeyCorp reissued an “overweight” rating on shares of Alphabet in a research report on Wednesday, May 20th. Truist Financial set a $430.00 target price on shares of Alphabet in a report on Monday, June 1st. Wells Fargo & Company set a $416.00 target price on shares of Alphabet in a research note on Thursday. Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a “buy” rating in a report on Friday, March 13th. Finally, Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $376.19.

Alphabet Price Performance

Shares of GOOG opened at $356.18 on Monday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock’s 50 day moving average is $368.31 and its two-hundred day moving average is $333.49. Alphabet Inc. has a twelve month low of $173.88 and a twelve month high of $404.47. The firm has a market capitalization of $4.32 trillion, a PE ratio of 27.17, a P/E/G ratio of 1.52 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 EPS. Research analysts anticipate that Alphabet Inc. will post 14.32 earnings per share for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were given a $0.22 dividend. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 6.71%.

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director owned 18,833 shares in the company, valued at $6,615,656.24. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 160,465 shares of company stock valued at $8,020,511 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from bullish investor and analyst sentiment, with several recent reports highlighting strong earnings momentum, favorable price targets, and optimism around its AI and cloud growth. Zacks: Top-Performing ETF Areas of 1H 2026
• Positive Sentiment: Google Cloud is gaining enterprise traction, including a new Reuters report that Italy’s Intesa Sanpaolo moved core IT systems to Google’s cloud, supporting the case for faster cloud revenue growth. Reuters: Italy’s Intesa shifts core IT banking systems to Google’s cloud technology
• Positive Sentiment: Walmart’s partnership with Google on a Gemini-powered shopping experience reinforces Alphabet’s position in applied AI and could open future commerce-related revenue opportunities. 247WallSt: Which Stocks Win When Google AI Powers Walmart’s Checkout?
• Neutral Sentiment: Alphabet was mentioned in connection with an Open USD stablecoin partnership list, but the report says some companies deny signing on, making the impact unclear. TipRanks: Open USD Stablecoin Lists Major Partners, But Some Say They Never Signed On
• Neutral Sentiment: Alphabet insider John Kent Walker sold shares, but the transaction appears routine and is unlikely by itself to change the company’s outlook. InsiderTrades: John Kent Walker Alphabet transaction
• Negative Sentiment: The EU’s top court upheld a record €4.1 billion antitrust fine against Google over Android practices, a meaningful legal setback that keeps regulatory pressure on Alphabet. Reuters: EU top court dismisses Google fight against record €4.1 billion EU antitrust fine
• Negative Sentiment: Several articles flagged investor concern over Alphabet’s heavy AI infrastructure spending, with scrutiny growing around whether capex will pressure margins before it boosts returns. Yahoo Finance: Alphabet Drops 6% Despite $4.3 Trillion Valuation as AI Spending Draws Scrutiny

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.