Alphabet Inc. $GOOGL Stock Holdings Decreased by Davis Rea LTD.

Davis Rea LTD. reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 107,248 shares of the information services provider’s stock after selling 15,262 shares during the quarter. Alphabet accounts for 8.4% of Davis Rea LTD.’s investment portfolio, making the stock its biggest holding. Davis Rea LTD.’s holdings in Alphabet were worth $33,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new position in Alphabet during the 3rd quarter worth $416,217,000. Sovran Advisors LLC raised its position in Alphabet by 23.6% during the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after buying an additional 4,241 shares during the last quarter. Wright Investors Service Inc. raised its position in Alphabet by 21.2% during the 3rd quarter. Wright Investors Service Inc. now owns 50,064 shares of the information services provider’s stock worth $12,171,000 after buying an additional 8,746 shares during the last quarter. CIBC Asset Management Inc raised its position in Alphabet by 3.8% during the 3rd quarter. CIBC Asset Management Inc now owns 1,666,577 shares of the information services provider’s stock worth $405,131,000 after buying an additional 60,831 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its holdings in shares of Alphabet by 5.4% in the 3rd quarter. Belpointe Asset Management LLC now owns 72,608 shares of the information services provider’s stock valued at $17,652,000 after purchasing an additional 3,740 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director directly owned 18,621 shares of the company’s stock, valued at $6,908,391. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 158,553 shares of company stock worth $47,951,856 over the last three months. Company insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GOOGL. DZ Bank reiterated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Roth Mkm reiterated a “buy” rating on shares of Alphabet in a report on Thursday, April 30th. President Capital increased their price target on shares of Alphabet from $375.00 to $465.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Citizens Jmp increased their price target on shares of Alphabet from $385.00 to $515.00 and gave the company a “market outperform” rating in a report on Monday, May 4th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a report on Monday, May 4th. Two research 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 company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $407.86.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $387.35 on Wednesday. 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 firm has a 50-day moving average price of $323.56 and a two-hundred day moving average price of $314.66. Alphabet Inc. has a twelve month low of $156.16 and a twelve month high of $402.00. The company has a market capitalization of $4.69 trillion, a P/E ratio of 29.55, a price-to-earnings-growth ratio of 1.59 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL) last posted its earnings results 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 during the quarter, compared to the consensus estimate of $106.98 billion. As a group, research analysts expect 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. Shareholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.41%.

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.