Obermeyer Wealth Partners Buys 3,751 Shares of Alphabet Inc. $GOOG

Obermeyer Wealth Partners boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 402,434 shares of the information services provider’s stock after acquiring an additional 3,751 shares during the period. Alphabet accounts for 4.6% of Obermeyer Wealth Partners’ investment portfolio, making the stock its 3rd largest holding. Obermeyer Wealth Partners’ holdings in Alphabet were worth $98,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Parkshore Wealth Management Inc. acquired a new position in shares of Alphabet in the 2nd quarter valued at about $202,000. Rooted Wealth Advisors Inc. boosted its position in shares of Alphabet by 34.1% during the 2nd quarter. Rooted Wealth Advisors Inc. now owns 5,105 shares of the information services provider’s stock valued at $926,000 after purchasing an additional 1,299 shares in the last quarter. Farmers & Merchants Investments Inc. grew its stake in Alphabet by 1.2% during the second quarter. Farmers & Merchants Investments Inc. now owns 146,022 shares of the information services provider’s stock worth $25,903,000 after purchasing an additional 1,749 shares during the period. Finally, LCM Capital Management Inc grew its stake in Alphabet by 2.8% during the second quarter. LCM Capital Management Inc now owns 3,440 shares of the information services provider’s stock worth $610,000 after purchasing an additional 93 shares during the period. Institutional investors own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong commercial traction for Gemini AI — reports show a surge in sales of Gemini models, supporting Alphabet’s AI revenue thesis and cloud monetization outlook. Google Sees Surge in Sales of Gemini AI Models
• Positive Sentiment: Usage growth: Gemini API calls have more than doubled in recent months, indicating rising developer and enterprise adoption that should help drive ad and cloud revenue over time. Gemini Usage Explodes as API Calls More than Double in Five Months
• Positive Sentiment: Wall Street bullishness: several analysts raised targets this week (examples: UBS $345, RBC to $375, BofA $370), reinforcing upside expectations tied to AI advertising and cloud momentum. New Analyst Forecast: $GOOGL Given $345 Price Target RBC Raises Alphabet (GOOGL) Target on AI Advertising Momentum
• Neutral Sentiment: Macro/sector moves: Goldman and other banks are broadly boosting tech price targets, a tailwind for sentiment but not an immediate catalyst for price action. Goldman Sachs Raising Price Targets 10%+ on Tech and Financial Blue Chip Giants
• Neutral Sentiment: Positive longer-term narrative: multiple pieces highlight strong Q4 results, a large AI-driven cloud backlog and historical shareholder returns, supporting a constructive medium-term case. Investors’ Confidence Boosted Alphabet (GOOG) in Q4
• Negative Sentiment: Macro/headline risk: President Trump’s tariff rhetoric (Greenland) and EU tariff talk spurred a tech-led selloff that pressured GOOG alongside peers — a short-term headwind unrelated to fundamentals. NVDA, GOOGL, AMZN: Trump’s Greenland Gambit Rattles Big Tech as EU Weighs Salvo
• Negative Sentiment: Outperformance fade / profit-taking: coverage noted Alphabet fell more than the broader market today, reflecting profit-taking after strong 2025 gains. Here’s Why Alphabet Inc. (GOOG) Fell More Than Broader Market
• Negative Sentiment: Isomorphic Labs delay: Google-backed drug-discovery unit pushed its first clinical trials to late 2026, trimming a speculative long-term upside driver. Google-backed AI drug discovery startup Isomorphic Labs delays clinical trial timeline
• Negative Sentiment: Insider selling highlighted by data services (large recent insider disposals) can amplify short-term caution among some investors. New Analyst Forecast: $GOOGL Given $345 Price Target (insider data)

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Pivotal Research reissued a “buy” rating and issued a $400.00 price target (up from $350.00) on shares of Alphabet in a research note on Friday, December 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research report on Thursday, January 15th. Cowen restated a “buy” rating on shares of Alphabet in a report on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, October 8th. Finally, KeyCorp reissued an “overweight” rating and set a $330.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $321.97.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 17,829 shares of the stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total value of $10,383,750.00. Following the completion of the sale, the chief executive officer owned 2,272,119 shares in the company, valued at $725,942,020.50. This represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 192,687 shares of company stock worth $58,728,068. Insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

GOOG opened at $322.16 on Wednesday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $341.20. The company has a market cap of $3.89 trillion, a price-to-earnings ratio of 31.77, a PEG ratio of 1.82 and a beta of 1.09. The company’s fifty day moving average price is $313.45 and its two-hundred day moving average price is $258.16. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.12 EPS. On average, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is 8.28%.

Alphabet 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.