Westfield Capital Management Co. LP Purchases 5,157 Shares of Alphabet Inc. $GOOG

Westfield Capital Management Co. LP grew its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,820 shares of the information services provider’s stock after purchasing an additional 5,157 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Alphabet were worth $14,378,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kathmere Capital Management LLC grew its holdings in shares of Alphabet by 8.5% during the 4th quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after purchasing an additional 2,341 shares during the period. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of Alphabet by 0.9% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after purchasing an additional 2,009 shares during the period. Newbridge Financial Services Group Inc. grew its holdings in shares of Alphabet by 7.5% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock worth $19,060,000 after purchasing an additional 4,239 shares during the period. Steginsky Capital LLC grew its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Steginsky Capital LLC now owns 680,588 shares of the information services provider’s stock worth $165,757,000 after purchasing an additional 6,523 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. grew its holdings in shares of Alphabet by 13.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 157,393 shares of the information services provider’s stock worth $38,333,000 after purchasing an additional 18,881 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Erste Group Bank raised its EPS estimates for Alphabet for FY2026 and FY2027, reinforcing the view that earnings are still trending higher as AI and cloud investment scale. Alphabet estimate update
• Positive Sentiment: Google unveiled new Gemini features for small businesses, a sign that Alphabet is expanding AI monetization beyond consumer use cases and into more commercial customers. Google Gemini small business article
• Positive Sentiment: Alphabet’s AI strategy continues to attract bullish commentary, including coverage of Google Cloud deals, Gemini user growth, and broader confidence in its long-term growth profile. Gemini users article
• Neutral Sentiment: Market commentary about the AI data-center boom “showing cracks” is more of an industry-wide caution flag than a direct Alphabet-specific setback, though it could cool some enthusiasm around hyperscaler capex. AI data center boom article
• Neutral Sentiment: Analysts also highlighted Alphabet’s large AI infrastructure spend and financing moves, which support growth but may keep investors focused on near-term capex pressure. Alphabet convertible preferred stock article
• Negative Sentiment: Alphabet and Meta were denied a new trial in the youth social media addiction case, leaving legal liability and reputational risk in place. Youth addiction case article
• Negative Sentiment: Google Cloud reported intermittent network disruptions in India after a fire at a third-party data center, a reminder that service issues can affect customer confidence even if the incident appears contained. Google Cloud India disruption article

Insider Activity

In related news, CAO Amie Thuener O’toole sold 617 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the transaction, the chief accounting officer owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider owned 51,808 shares in the company, valued at $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 193,016 shares of company stock worth $17,282,549 over the last ninety days. 12.99% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GOOG shares. Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a “buy” rating in a report on Friday, March 13th. Truist Financial set a $430.00 price target on Alphabet in a report on Monday, June 1st. JPMorgan Chase & Co. increased their price target on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. Finally, Pivotal Research reissued a “buy” rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $376.78.

Alphabet Price Performance

GOOG stock opened at $353.32 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The firm has a market capitalization of $4.28 trillion, a P/E ratio of 26.95, a P/E/G ratio of 1.55 and a beta of 1.22. The business’s 50-day moving average is $355.05 and its two-hundred day moving average is $328.84. Alphabet Inc. has a 1 year low of $163.33 and a 1 year high of $404.47.

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

Alphabet Increases Dividend

The company also recently declared 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. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is 6.71%.

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.