GuidedMoney LLC Takes $470,000 Position in Alphabet Inc. $GOOGL

GuidedMoney LLC acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,500 shares of the information services provider’s stock, valued at approximately $470,000. Alphabet accounts for 0.3% of GuidedMoney LLC’s portfolio, making the stock its 20th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Symmetry Partners LLC increased its position in shares of Alphabet by 0.4% during the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after purchasing an additional 30 shares during the period. Members Trust Co lifted its holdings in shares of Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after buying an additional 31 shares during the period. Altfest L J & Co. Inc. boosted its stake in Alphabet by 0.4% during the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after buying an additional 31 shares in the last quarter. Insight 2811 Inc. boosted its stake in Alphabet by 1.0% during the fourth quarter. Insight 2811 Inc. now owns 3,124 shares of the information services provider’s stock valued at $978,000 after buying an additional 32 shares in the last quarter. Finally, LJI Wealth Management LLC grew its holdings in Alphabet by 0.4% during the fourth quarter. LJI Wealth Management LLC now owns 7,265 shares of the information services provider’s stock worth $2,274,000 after acquiring an additional 32 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Stock Performance

GOOGL stock opened at $368.48 on Friday. The firm has a 50 day simple moving average of $367.04 and a 200 day simple moving average of $331.95. Alphabet Inc. has a 52 week low of $162.00 and a 52 week high of $408.61. The stock has a market cap of $4.46 trillion, a P/E ratio of 28.11, a P/E/G ratio of 1.57 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOGLGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Research analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is currently 6.71%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GOOGL. President Capital boosted their price target on shares of Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Loop Capital lifted their price objective on shares of Alphabet from $355.00 to $490.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. BMO Capital Markets lifted their price objective on shares of Alphabet from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Oppenheimer boosted their target price on shares of Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Rothschild & Co Redburn increased their target price on shares of Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $413.13.

Read Our Latest Stock Report on GOOGL

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Alphabet is being viewed as a major AI winner thanks to ongoing investment in AI infrastructure and data centers, which could support future cloud and AI revenue growth. Article Title
  • Positive Sentiment: Reports that Berkshire Hathaway nearly tripled its Alphabet position may be seen as a strong vote of confidence from a major long-term investor. Article Title
  • Positive Sentiment: Coverage emphasizing Alphabet’s strong earnings and expanding Google Cloud backlog supports the case for continued fundamental improvement. Article Title
  • Neutral Sentiment: Alphabet’s stock is drawing increased investor attention and analyst commentary, but these are mostly sentiment-driven mentions rather than new company-specific catalysts. Article Title
  • Negative Sentiment: Noam Shazeer, a top Google DeepMind/Gemini AI leader, is leaving for OpenAI, underscoring the competitive AI talent war. Article Title
  • Negative Sentiment: John Jumper is also departing Google DeepMind for Anthropic, adding to concerns that Alphabet may be losing key AI researchers. Article Title
  • Negative Sentiment: Waymo’s recall of nearly 3,900 robotaxis after construction-zone driving errors raises safety and regulatory concerns for Alphabet’s autonomous vehicle business. Article Title
  • Negative Sentiment: The UK ordering Google to improve search-ranking transparency highlights continued regulatory scrutiny over its core search business. Article Title

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director directly owned 18,721 shares of the company’s stock, valued at $7,132,701. This trade represents a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 160,516 shares of company stock valued at $7,344,604 in the last quarter. Corporate insiders own 11.61% of the company’s stock.

Alphabet Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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