Alphabet Inc. $GOOGL is Eagle Wealth Advisors LLC’s 6th Largest Position

Eagle Wealth Advisors LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 9.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,409 shares of the information services provider’s stock after selling 1,381 shares during the quarter. Alphabet accounts for about 3.6% of Eagle Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Eagle Wealth Advisors LLC’s holdings in Alphabet were worth $3,856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new stake in Alphabet during the 3rd quarter worth $416,217,000. NewEdge Wealth LLC lifted its position in Alphabet by 11.8% in the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock valued at $277,696,000 after purchasing an additional 93,293 shares during the period. World Investment Advisors boosted its holdings in Alphabet by 9.2% in the 4th quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock valued at $86,000,000 after purchasing an additional 23,107 shares in the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in shares of Alphabet during the 4th quarter worth $28,902,000. Finally, Private Advisory Group LLC grew its stake in shares of Alphabet by 12.2% during the 4th quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider’s stock worth $7,736,000 after purchasing an additional 2,678 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 112 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the transaction, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. This represents a 0.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Insiders have sold 160,465 shares of company stock valued at $8,020,511 in the last 90 days. Insiders own 11.61% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is drawing bullish sentiment from investors and analysts as a top AI name, with one report highlighting billionaire Jeffrey Talpins’ view that GOOGL is among the best AI stocks to own.
• Positive Sentiment: Google-backed Proxima Fusion raised €411 million in a major financing round, underscoring Alphabet’s continued involvement in frontier energy and AI-adjacent innovation. Reuters article
• Positive Sentiment: Coverage focused on Google Cloud suggests the segment is increasingly seen as a key growth engine for Alphabet, reinforcing the market’s confidence in its AI and cloud strategy. Trefis article
• Positive Sentiment: Alphabet continues to be highlighted in “final trades” and stock-picking segments, which can support near-term sentiment by keeping the name in focus for traders. Benzinga article
• Neutral Sentiment: Alphabet announced its Made by Google Pixel event for August 12, which keeps hardware and consumer-device expectations in view but is not a major immediate catalyst.
• Neutral Sentiment: Articles comparing Alphabet with Palantir and Taiwan Semiconductor mostly frame GOOGL as a benchmark AI and cloud leader rather than signaling a direct new catalyst.
• Negative Sentiment: TechCrunch reported that Google is expanding AI training to include more user-uploaded media by default unless users opt out, which could revive privacy concerns and regulatory scrutiny. TechCrunch article
• Negative Sentiment: BusinessInsider noted that Waymo faces growing competition in robotaxi usage from Zoox, reminding investors that Alphabet’s autonomous-driving efforts still face competitive pressure. BusinessInsider article

Alphabet Stock Up 0.2%

GOOGL opened at $367.03 on Wednesday. The firm has a market cap of $4.45 trillion, a P/E ratio of 28.00, a PEG ratio of 1.57 and a beta of 1.24. The business’s fifty day simple moving average is $372.05 and its 200 day simple moving average is $335.51. Alphabet Inc. has a 52 week low of $172.77 and a 52 week high of $408.61. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend 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 dividend yield of 0.2%. Alphabet’s payout ratio is currently 6.71%.

Analysts Set New Price Targets

A number of analysts have commented on GOOGL shares. Citigroup reiterated an “outperform” rating on shares of Alphabet in a research report on Monday, May 4th. Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Phillip Securities boosted their price objective on shares of Alphabet from $340.00 to $395.00 and gave the stock a “moderate buy” rating in a research report on Wednesday, April 15th. Cantor Fitzgerald increased their price objective on shares of Alphabet from $395.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Dbs Bank raised their target price on shares of Alphabet from $400.00 to $460.00 in a report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus price target of $413.54.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.