Alphabet Inc. $GOOGL Holdings Lowered by Primecap Management Co. CA

Primecap Management Co. CA lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,777,214 shares of the information services provider’s stock after selling 971,080 shares during the quarter. Alphabet makes up 2.9% of Primecap Management Co. CA’s portfolio, making the stock its 4th biggest holding. Primecap Management Co. CA owned approximately 0.13% of Alphabet worth $3,835,441,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooktree Capital Management purchased a new position in Alphabet during the second quarter valued at $352,000. Griffin Asset Management Inc. lifted its stake in Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares in the last quarter. Sovran Advisors LLC boosted its holdings in shares of Alphabet by 23.6% during the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after purchasing an additional 4,241 shares during the last quarter. Birchcreek Wealth Management LLC boosted its holdings in shares of Alphabet by 2.9% during the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock valued at $1,415,000 after purchasing an additional 223 shares during the last quarter. Finally, Centerpoint Advisory Group grew its position in shares of Alphabet by 21.0% during the second quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock valued at $424,000 after purchasing an additional 418 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet Stock Up 0.2%

Shares of GOOGL opened at $307.04 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a fifty day moving average of $319.65 and a 200 day moving average of $288.33. The company has a market cap of $3.71 trillion, a PE ratio of 28.40, a P/E/G ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. On average, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is rolling out Agent Designer / AI agents on the Pentagon’s GenAI.mil portal, letting millions of DoD staff build unclassified digital assistants for administrative tasks — a direct path to cloud and services revenue from government contracts. Note the deployment occurs amid legal friction with Anthropic, which adds complexity but not immediate revenue headwinds. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Positive Sentiment: Multiple outlets report Google deploying AI agents to help the Pentagon automate jobs — reinforcing the same revenue/scale thesis for Google Cloud and enterprise AI products. Google Deploys AI Agents to Help Pentagon Automate Jobs
• Positive Sentiment: MarketBeat flags a technical reset: the stock has pulled back toward a $300 support zone and may be forming a higher low — a potential entry for long-term investors if key moving averages are reclaimed. Institutional inflows and bullish analyst targets underpin this view. Alphabet’s Pullback May Be Opening a New Entry Point
• Positive Sentiment: Google and Tesla joined others to launch Utilize, aiming to change grid usage/regulation — a strategic partnership that could open enterprise opportunities for Google’s software and energy-related services. Google and Tesla think we’re managing the electrical grid all wrong
• Positive Sentiment: Wall Street commentary shows renewed target activity and modest upgrades that support upside expectations — helpful for sentiment while the stock digests the pullback. Wall Street analyst updates Google stock price target for next 12 months
• Neutral Sentiment: Short-interest reports in the dataset show anomalous zero/NaN values and 0 days-to-cover — appears to be data/reporting noise rather than a market signal. (No external link available.)
• Neutral Sentiment: Media pieces weigh whether GOOGL’s current level is a breakout or a value trap and sketch buy strategies around lower prices — useful for positioning but not immediate catalysts. GOOGL Stock At $300: Is This A Breakout Or A Value Trap?
• Negative Sentiment: Reports highlight Sundar Pichai’s $692M compensation package tied to long-shot projects that aren’t currently revenue-generating — a governance/expense concern that can weigh on sentiment. Alphabet CEO Sundar Pichai’s new $692 million compensation package hinges on two moonshots
• Negative Sentiment: Insider selling: CEO disclosed roughly $9.86M in stock sales — a modest negative signal for investor optics (typical for executives exercising/monetizing holdings but worth monitoring). Insider Selling: Alphabet CEO Sells Stock
• Negative Sentiment: Competitive risk: coverage noting Microsoft’s dual-model AI strategy and Azure momentum underscores tougher competition for cloud/AI workloads — a sector-level headwind for GOOGL’s cloud positioning. Microsoft Positioned to Win AI Race With Dual-Model Strategy

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the completion of the sale, the director owned 20,624 shares in the company, valued at approximately $6,325,999.52. The trade was a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,112,493 shares of company stock worth $118,605,094 over the last three months. 11.55% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

GOOGL has been the topic of several research reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $395.00 target price (up from $346.00) on shares of Alphabet in a report on Thursday, February 5th. Citigroup raised their price target on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Finally, KeyCorp set a $370.00 target price on Alphabet and gave the company an “overweight” rating in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $367.18.

Alphabet 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.