SageGuard Financial Group LLC Buys Shares of 24,373 Alphabet Inc. $GOOG

SageGuard Financial Group LLC bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 24,373 shares of the information services provider’s stock, valued at approximately $7,648,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new position in Alphabet during the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet during the 3rd quarter valued at about $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet during the 3rd quarter valued at about $40,000. Towne Trust Company N.A increased its holdings in Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. purchased a new position in Alphabet during the 3rd quarter valued at about $61,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings materially beat expectations — EPS $5.11 vs. ~$2.63 consensus and revenue of $109.9B, which reset near-term growth expectations and drove the initial rally. Alphabet Q1 earnings
• Positive Sentiment: Google Cloud surged ~63% to ~$20B and management cited a massive cloud backlog (~$460B), giving multi-year revenue visibility and validating AI monetization. Reuters: Cloud beats
• Positive Sentiment: Wall Street is raising targets and upgrading ratings after the quarter (JPMorgan, TD Cowen, Scotiabank and others), providing fresh buy-side momentum and higher upside expectations. 247WallSt: Price target lifts
• Positive Sentiment: Product execution signals: Gemini AI is being rolled out to millions of vehicles and Waymo continues geographic expansion — both expand addressable markets for AI services and ads/subscriptions. TechCrunch: Gemini in cars Business Insider: Waymo growth
• Positive Sentiment: Capital returns: company raised the quarterly dividend (small yield) and continues large buybacks, supporting shareholder returns alongside growth.
• Neutral Sentiment: CapEx and cash-flow tradeoff — management raised 2026 capex guidance (to as much as ~$180–190B) to scale AI infrastructure; this supports long-term growth but will pressure free cash flow near term. CNBC: capex update
• Negative Sentiment: Regulatory risk is rising — Italy has asked the EU to probe Google’s AI search tools and Switzerland opened a probe into alleged keyword bidding pacts; Brazil advanced an antitrust review — any adverse rulings could affect ad/product rules and monetization. Reuters: Italy probe Reuters: Switzerland probe

Alphabet Price Performance

GOOG opened at $381.94 on Friday. The company’s 50 day simple moving average is $312.44 and its 200 day simple moving average is $307.77. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 1 year low of $149.49 and a 1 year high of $382.63. The stock has a market capitalization of $4.62 trillion, a PE ratio of 29.13, a P/E/G ratio of 2.15 and a beta of 1.13.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) 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 41.25%. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. During the same period last year, the company earned $2.81 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. As a group, sell-side analysts expect that Alphabet Inc. will post 11.54 EPS for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s dividend payout ratio is 7.77%.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 8,993 shares of the firm’s 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 sale, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on 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 completion of 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. In the last three months, insiders sold 191,884 shares of company stock valued at $59,121,365. 12.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. TD Cowen raised their price target on shares of Alphabet from $375.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. Pivotal Research reaffirmed a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research note on Wednesday. Oppenheimer reaffirmed an “outperform” rating and set a $425.00 price target on shares of Alphabet in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $362.73.

About Alphabet

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.