Park National Corp OH Acquires 9,114 Shares of Alphabet Inc. $GOOG

Posted by Stanley Muller on Jun 23rd, 2026

Park National Corp OH raised its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 113.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,166 shares of the information services provider’s stock after purchasing an additional 9,114 shares during the quarter. Park National Corp OH’s holdings in Alphabet were worth $4,924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in GOOG. Uhlmann Price Securities LLC boosted its holdings in shares of Alphabet by 48.5% in the 1st quarter. Uhlmann Price Securities LLC now owns 18,512 shares of the information services provider’s stock worth $5,326,000 after buying an additional 6,049 shares during the last quarter. Lexington Hill Partners LLC raised its position in Alphabet by 84.8% in the first quarter. Lexington Hill Partners LLC now owns 2,807 shares of the information services provider’s stock worth $805,000 after acquiring an additional 1,288 shares during the period. Genesis Private Wealth LLC boosted its stake in Alphabet by 5.0% in the first quarter. Genesis Private Wealth LLC now owns 2,827 shares of the information services provider’s stock valued at $811,000 after acquiring an additional 134 shares during the last quarter. Diversified Trust Co grew its position in shares of Alphabet by 9.2% during the 1st quarter. Diversified Trust Co now owns 122,824 shares of the information services provider’s stock valued at $35,233,000 after acquiring an additional 10,359 shares during the period. Finally, Baron Wealth Management LLC increased its stake in shares of Alphabet by 87.5% during the 1st quarter. Baron Wealth Management LLC now owns 8,769 shares of the information services provider’s stock worth $2,516,000 after purchasing an additional 4,091 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Negative Sentiment: Key AI researchers have left Alphabet for competitors, intensifying worries that the company is losing critical talent needed to lead in generative AI. Reuters: Google DeepMind signs AI research deal with film studio A24
Negative Sentiment: Investors are also worried that Alphabet’s aggressive AI spending plans, including a large equity raise to fund infrastructure and compute, could dilute shareholders and pressure free cash flow. Quiver Quantitative: Alphabet Slides as AI Funding Plan Fuels Dilution Worries
Neutral Sentiment: Alphabet also announced a $75 million AI research partnership with A24, showing it is still investing in new AI use cases, but this was overshadowed by the talent-loss narrative. TechCrunch: Google DeepMind bets $75M on AI’s future in Hollywood with A24 deal
Neutral Sentiment: Recent fundamentals remain strong, with Alphabet’s latest quarter beating expectations on both earnings and revenue, which helps offset some of the negative sentiment. Alphabet stock page

Alphabet Trading Down 5.1%

Shares of GOOG stock opened at $348.78 on Tuesday. The stock has a market capitalization of $4.23 trillion, a price-to-earnings ratio of 26.60, a PEG ratio of 1.57 and a beta of 1.22. The company’s fifty day simple moving average is $364.96 and its two-hundred day simple moving average is $331.41. Alphabet Inc. has a 1 year low of $163.33 and a 1 year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the company earned $2.81 earnings per share. As a group, analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.3%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.71%.

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 617 shares of the firm’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 of the company’s stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 160,516 shares of company stock worth $7,344,604 over the last quarter. Insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the subject of several research reports. TD Cowen increased their price objective on Alphabet from $450.00 to $475.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Oppenheimer boosted their target price on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Scotiabank reaffirmed an “outperform” rating and set a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Citigroup reissued a “market outperform” rating on shares of Alphabet in a report on Monday. Finally, JPMorgan Chase & Co. boosted their price objective on Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $376.78.

View Our Latest Research Report on Alphabet

Alphabet Profile

(Free Report)

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.