Newbridge Financial Services Group Inc. Boosts Stock Holdings in Alphabet Inc. $GOOGL

Newbridge Financial Services Group Inc. boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 20.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 16,137 shares of the information services provider’s stock after buying an additional 2,696 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Alphabet were worth $5,051,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GOOGL. Berkshire Hathaway Inc purchased a new position in shares of Alphabet in the 3rd quarter worth $4,338,397,000. Capital World Investors grew its stake in shares of Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after buying an additional 11,605,785 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider’s stock worth $12,333,076,000 after buying an additional 6,874,381 shares in the last quarter. Mizuho Markets Cayman LP grew its stake in shares of Alphabet by 23,402.1% in the 3rd quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider’s stock worth $1,487,419,000 after buying an additional 6,092,513 shares in the last quarter. Finally, Coatue Management LLC grew its stake in shares of Alphabet by 259.1% in the 3rd quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider’s stock worth $1,755,453,000 after buying an additional 5,210,434 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Trading Down 0.3%

NASDAQ:GOOGL opened at $336.02 on Friday. Alphabet Inc. has a one year low of $146.10 and a one year high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $4.06 trillion, a P/E ratio of 31.08, a P/E/G ratio of 2.08 and a beta of 1.12. The firm has a 50-day simple moving average of $306.45 and a 200-day simple moving average of $300.68.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 7.77%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on GOOGL shares. Wall Street Zen lowered shares of Alphabet from a “buy” rating to a “hold” rating in a report on Sunday, April 12th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, February 9th. President Capital lifted their price target on shares of Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Wells Fargo & Company dropped their price target on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Finally, DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, February 16th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $367.62.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: NiSource signed a long‑term power supply agreement with an Alphabet unit to support a large Indiana data center, reducing energy‑supply risk and supporting capacity expansion on which cloud/AI revenue depends. NiSource signs long-term power deal with Alphabet, expands Amazon agreement
• Positive Sentiment: Reports say Google is negotiating a deal to allow the Pentagon to deploy its Gemini models in classified settings — a potential high‑value government customer and proof point for Gemini’s enterprise/security positioning. Google, Pentagon discuss classified AI deal, the Information reports
• Positive Sentiment: Google expanded consumer AI features: users can now link personal photos to Gemini and Nano Banana for personalized image generation — an engagement and monetization positive for search/assistant and image services. Google will let users connect their photos to the Gemini chatbot and Nano Banana
• Positive Sentiment: Wall Street momentum: Citi and Phillip Securities raised price targets (Citi to $405; Phillip to $395) and several bullish analyst notes were published ahead of Q1 results, which can support near‑term buying interest. Wall Street sets Google stock price target for the next twelve months Phillip Securities adjusts price target on Alphabet
• Positive Sentiment: Analyst commentary (Zacks) highlights Alphabet’s strong earnings‑surprise history and suggests conditions are favorable for another upside surprise in the next report — supportive for investor sentiment ahead of earnings. Will Alphabet (GOOG) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Industry note: reports about Anthropic exploring custom chips point to broader AI infrastructure shifts that could reshape supplier dynamics (Broadcom, Nvidia) but have indirect implications for Alphabet’s cost/partner ecosystem. Why Anthropic’s Custom Chip Plans Could Benefit Broadcom (GOOGL)
• Neutral Sentiment: Google reported blocking a record number of bad ads while suspending fewer advertisers, raising platform‑quality and moderation questions but not an immediate revenue threat. Google is now targeting bad ads over bad actors
• Negative Sentiment: The European Commission told Google it must give rival search engines access to wide ranges of search and chatbot data under DMA compliance proposals — a major regulatory overhang that could affect search advantages, ad targeting data and competitive moat. Google should allow third-party search engines access to data, EU says
• Negative Sentiment: Stifel Nicolaus reduced expectations for Alphabet’s stock price, adding a modest negative analyst view amid mixed signals; this may add some selling pressure for momentum traders. Stifel Nicolaus Has Lowered Expectations for Alphabet (NASDAQ:GOOGL) Stock Price

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the transaction, the chief accounting officer owned 10,093 shares in the company, valued at $2,923,235.59. The trade was a 5.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 2,068,744 shares of company stock worth $104,505,914. 11.64% of the stock is owned by corporate insiders.

About Alphabet

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.