Alphabet Inc. $GOOG is Capital Group Private Client Services Inc.’s 4th Largest Position

Capital Group Private Client Services Inc. lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 48.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 983,164 shares of the information services provider’s stock after selling 919,398 shares during the quarter. Alphabet comprises 4.0% of Capital Group Private Client Services Inc.’s portfolio, making the stock its 4th biggest holding. Capital Group Private Client Services Inc.’s holdings in Alphabet were worth $239,450,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in GOOG. Tradewinds LLC. lifted its position in Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after purchasing an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Alphabet by 31.3% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. increased its holdings in shares of Alphabet by 0.9% in 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 buying an additional 2,009 shares during the last quarter. CWA Asset Management Group LLC raised its position in shares of Alphabet by 2.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after buying an additional 3,444 shares in the last quarter. Finally, American National Bank of Texas purchased a new stake in shares of Alphabet during the 3rd quarter valued at about $900,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on GOOG shares. Wedbush reiterated an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. TD Cowen reaffirmed a “buy” rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. UBS Group reiterated a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Finally, Canaccord Genuity Group boosted their target price on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus price target of $343.90.

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the sale, the chief executive officer owned 1,674,560 shares in the company, valued at approximately $508,028,012.80. The trade was a 1.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,112,493 shares of company stock worth $118,605,094 in the last three months. Corporate insiders own 12.99% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud won a meaningful enterprise customer use-case after reports that CVS Health will roll out an AI-enabled platform built with Google Cloud — a tangible proof-point for cloud AI demand and potential recurring revenue growth. Alphabet Inc. (GOOGL): CVS Health To Roll Out AI-enabled Platform With Google Cloud
• Positive Sentiment: Analysts and prominent investors reiterated bullish views on Alphabet’s franchise — highlighting YouTube’s monetization and Google’s AI stack (Gemini/TPUs) as durable growth engines that support higher long-term revenue multiple. ‘This Is a Huge Asset,’ Says Analyst about Alphabet Stock (GOOGL)
• Neutral Sentiment: Multiple media pieces continue to position Alphabet as a top AI pick (consumer search + enterprise cloud). These stories support the bull narrative but may be largely priced in given prior rallies. You Don’t Need Polymarket to Make a Winning Bet. Just Buy This AI Stock.
• Neutral Sentiment: Competitor dynamics matter: coverage noting Microsoft’s deepening AI/cloud ties underscores the competitive backdrop for cloud margins and enterprise wins — a reminder Alphabet must defend share in a capital-intensive race. Microsoft Positioned to Win AI Race With Dual-Model Strategy
• Negative Sentiment: Investors remain sensitive to governance and compensation risk after approval of a sizable CEO pay package tied to Waymo targets; prior coverage linked the package to a near-term stock pullback. Alphabet Approves $692 Million Pay Package for CEO Sundar Pichai with Waymo Growth Incentives
• Negative Sentiment: Hardware and supply risks: reports that Nvidia’s HBM buying spree is causing a memory shortage raise the prospect of higher capex and component costs for data-center operators, which could pressure margins for large cloud providers including Google. Nvidia’s (NVDA) Memory Shortage Could Cause Google (GOOGL) Billions
• Negative Sentiment: Regulatory risk: Indonesia’s plan to restrict high‑risk digital platforms for under‑16s introduces regional policy uncertainty that could affect ad targeting/engagement in a sizable market. Update: Indonesia Plans to Ban High-Risk Digital Platforms for Children Under 16

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $306.01 on Tuesday. The company has a market capitalization of $3.70 trillion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The firm’s 50-day moving average is $320.11 and its 200 day moving average is $288.17. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.15 EPS. Research analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

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.