Private Wealth Partners LLC Reduces Position in Alphabet Inc. $GOOGL

Private Wealth Partners LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 300,824 shares of the information services provider’s stock after selling 8,158 shares during the period. Alphabet makes up approximately 6.7% of Private Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Private Wealth Partners LLC’s holdings in Alphabet were worth $86,505,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Alphabet by 3.9% in the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after buying an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY grew its holdings in shares of Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after acquiring an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock valued at $85,557,000 after acquiring an additional 48,805 shares during the last quarter. Finally, United Bank increased its position in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock valued at $8,495,000 after acquiring an additional 3,120 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Bank of America said Google held steady in June while Claude and Gemini posted strong user growth, and it reiterated a Buy rating, citing Alphabet executives’ comments that Search is in an “expansionary moment” that could support results into 2026. Google holds steady as Claude, Gemini surge in June user growth
• Positive Sentiment: Zacks upgraded Alphabet (GOOG) to Rank #1 (Strong Buy), reflecting improved earnings optimism and potentially supporting near-term sentiment. Alphabet (GOOG) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Several recent pieces highlighted Alphabet’s AI and custom-chip strengths, including the company’s TPU strategy and potential cost advantages from in-house processors, which could improve margins over time. Google’s In-House AI Chip Strategy Could Be a Bigger Threat to Nvidia Than Investors Think. Here’s Why.
• Neutral Sentiment: Alphabet remains one of the market’s most closely watched AI and mega-cap tech names, with multiple articles noting strong investor attention and ongoing debate about its long-term growth profile. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Investors are still focused on Alphabet’s rising capital expenditures, which were raised to $180 billion-$190 billion this year, with analysts also expecting second-quarter capex near $44.9 billion; that spending pressure can weigh on margins and sentiment. Alphabet’s $1 Trillion Ad Dominance Is Facing New Threats
• Negative Sentiment: Alphabet’s core advertising dominance is also facing more scrutiny from competitive and structural threats, which may be contributing to the stock’s softer tone despite upbeat AI commentary. Alphabet Vs. Broadcom: Rotate Out of AVGO and into GOOG as a Custom Chip Creator and Hyperscaler Partner

Wall Street Analysts Forecast Growth

A number of analysts recently commented on GOOGL shares. Roth Capital reiterated a “buy” rating on shares of Alphabet in a report on Thursday, April 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $415.00 target price (up from $375.00) on shares of Alphabet in a research report on Tuesday, June 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. BNP Paribas Exane boosted their price target on shares of Alphabet from $390.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Finally, BMO Capital Markets increased their price target on shares of Alphabet from $410.00 to $435.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $413.73.

Alphabet Price Performance

NASDAQ GOOGL opened at $352.51 on Tuesday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market cap of $4.27 trillion, a PE ratio of 26.89, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24. Alphabet Inc. has a 52 week low of $179.68 and a 52 week high of $408.61. The firm’s 50-day simple moving average is $371.97 and its two-hundred day simple moving average is $336.90.

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, topping 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. Research analysts predict that Alphabet Inc. will post 14.32 earnings per share for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were issued a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s payout ratio is 6.71%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 112 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the sale, the director owned 18,833 shares in the company, valued at $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders sold 160,465 shares of company stock worth $8,020,511 in the last three months. Insiders own 11.61% of the company’s stock.

Alphabet Company Profile

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.