Alphabet Inc. $GOOG Shares Bought by Waterloo Capital L.P.

Waterloo Capital L.P. grew its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 37,776 shares of the information services provider’s stock after buying an additional 3,253 shares during the quarter. Alphabet comprises about 0.9% of Waterloo Capital L.P.’s holdings, making the stock its 27th biggest position. Waterloo Capital L.P.’s holdings in Alphabet were worth $11,854,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hazlett Burt & Watson Inc. lifted its position in shares of Alphabet by 11.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 15,507 shares of the information services provider’s stock valued at $4,861,000 after acquiring an additional 1,550 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Alphabet by 4.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,705,912 shares of the information services provider’s stock valued at $849,115,000 after acquiring an additional 103,795 shares during the last quarter. Portland Global Advisors LLC lifted its position in shares of Alphabet by 1.4% during the 4th quarter. Portland Global Advisors LLC now owns 3,705 shares of the information services provider’s stock valued at $1,163,000 after acquiring an additional 50 shares during the last quarter. Rockline Wealth Management LLC lifted its position in shares of Alphabet by 3.4% during the 4th quarter. Rockline Wealth Management LLC now owns 63,921 shares of the information services provider’s stock valued at $20,059,000 after acquiring an additional 2,127 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC lifted its position in shares of Alphabet by 2.5% during the 4th quarter. Parr Mcknight Wealth Management Group LLC now owns 1,308 shares of the information services provider’s stock valued at $410,000 after acquiring an additional 32 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Trading Down 1.3%

NASDAQ GOOG opened at $361.17 on Tuesday. Alphabet Inc. has a 1-year low of $163.33 and a 1-year high of $404.47. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.38 trillion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 1.57 and a beta of 1.23. The firm’s fifty day simple moving average is $351.67 and its 200-day simple moving average is $327.90.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same period in the prior year, the business posted $2.81 earnings per share. Alphabet’s revenue for the quarter was up 21.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be 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 is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is currently 6.41%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Stifel Nicolaus set a $420.00 target price on Alphabet in a report on Wednesday, May 20th. Needham & Company LLC set a $400.00 target price on Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Oppenheimer increased their target price on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $425.00 target price on shares of Alphabet in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and a consensus target price of $376.00.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 617 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were 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 approximately $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company’s 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 a total of 193,016 shares of company stock valued at $17,282,549 in the last three months. Company insiders own 12.99% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from strong AI demand, including reports that Google may place a large chip order with Intel and that its Gemini AI efforts could generate meaningful recurring revenue. Analysts also reiterated bullish views, citing ongoing demand for AI infrastructure and capex. Intel shares soar on reported in-house chip deal with Alphabet
• Positive Sentiment: Alphabet’s Waymo unit remains a competitive strength, with news that Waymo bought a large Arizona proving ground and broader coverage highlighting Waymo’s role in the growing robotaxi race. Waymo bought Apple’s self-driving car proving ground for $220M
• Neutral Sentiment: Alphabet also drew attention after Apple’s WWDC keynote referenced Google help for AI features, reinforcing Google’s role in major AI partnerships, though the direct stock impact is less clear. Apple partnering with Google and Nvidia for most advanced AI model
• Negative Sentiment: The main drag on the stock is concern that Alphabet is aggressively raising capital and ramping spending on AI infrastructure, which could pressure near-term margins and free cash flow. Market commentary also pointed to valuation worries after the company’s recent financing plans. What’s Going On With Alphabet Stock?
• Negative Sentiment: Zacks notes GOOG has been sliding even as the broader market rose, suggesting investors are rotating away from Alphabet amid ongoing uncertainty about AI spending intensity and execution. Alphabet Inc. (GOOG) Stock Drops Despite Market Gains: Important Facts to Note

Alphabet Company Profile

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.