Gamco Investors INC. ET AL Has $59.55 Million Stock Holdings in Alphabet Inc. $GOOG

Gamco Investors INC. ET AL increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,754 shares of the information services provider’s stock after purchasing an additional 1,626 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Alphabet were worth $59,545,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC increased its position in Alphabet by 76.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after acquiring an additional 806,681 shares during the period. Darwin Wealth Management LLC acquired a new position in Alphabet in the 2nd quarter valued at approximately $658,000. Financial Advisors Network Inc. increased its position in Alphabet by 7.7% in the 2nd quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after acquiring an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. increased its position in Alphabet by 10.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after acquiring an additional 3,616 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GOOG. Piper Sandler restated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Wedbush restated an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Phillip Securities cut shares of 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 objective on shares of Alphabet in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $372.65.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,993 shares of the stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction 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. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction on 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 sold 226,481 shares of company stock valued at $27,422,061 over the last 90 days. Insiders own 12.99% of the company’s stock.

Key Alphabet News

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 Stock Up 1.4%

Shares of NASDAQ GOOG opened at $384.84 on Wednesday. The firm has a market cap of $4.66 trillion, a PE ratio of 29.35, a P/E/G ratio of 1.62 and a beta of 1.25. Alphabet Inc. has a 12-month low of $163.33 and a 12-month high of $404.47. The company’s fifty day simple moving average is $338.73 and its 200 day simple moving average is $322.49. 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: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 the consensus estimate of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet’s revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s payout ratio is currently 6.71%.

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.