Marietta Investment Partners LLC Buys 3,018 Shares of Alphabet Inc. $GOOG

Marietta Investment Partners LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 33.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,976 shares of the information services provider’s stock after buying an additional 3,018 shares during the period. Marietta Investment Partners LLC’s holdings in Alphabet were worth $2,917,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Robinson Smith Wealth Advisors LLC lifted its stake in Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after acquiring an additional 36 shares in the last quarter. Searle & CO. grew its stake in shares of Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock worth $1,389,000 after acquiring an additional 36 shares in the last quarter. Navellier & Associates Inc. raised its holdings in shares of Alphabet by 0.6% in the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock valued at $1,424,000 after purchasing an additional 36 shares during the last quarter. BankPlus Wealth Management LLC raised its holdings in shares of Alphabet by 1.2% in the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock valued at $766,000 after purchasing an additional 37 shares during the last quarter. Finally, Activest Wealth Management lifted its position in shares of Alphabet by 0.5% during the third quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock valued at $1,948,000 after purchasing an additional 38 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,112,493 shares of company stock worth $118,605,094 in the last ninety days. Company insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise/cloud wins and AI demand: Google Cloud deals (CVS health AI platform) and reported TPU leasing by Meta point to higher recurring cloud revenue and infrastructure utilization that support near‑term revenue growth. CVS taps Google Cloud Meta leases Google TPUs
• Positive Sentiment: Solid fundamentals/analyst support: Q4 results and earnings beats reinforce the “quality growth” narrative, and Bank of America’s reiterated Buy/$370 target keeps bull case intact. Q4 quality growth Bank of America maintains $370
• Neutral Sentiment: Anthropic access clarified: Google says Anthropic remains available for non‑defense uses after a DoD blacklist — this reduces near‑term disruption risk to customers but leaves policy uncertainty around defense contracts. Google on Anthropic availability
• Neutral Sentiment: Market narrative shifting: Analysts note GOOG’s strong 12‑month run has moved it from a “value” label to an execution/AI‑growth story — bullish if growth continues, but raises expectations. Forbes valuation piece
• Negative Sentiment: Geopolitical / physical risk to infrastructure: Reports that hyperscaler data centers are becoming military targets in the Iran war increase operational and security risk for cloud operations and potential outages. Data centers targeted
• Negative Sentiment: Regulatory/legal headwinds and fee cuts: The Epic Games settlement (lower Play Store commissions) and a high‑profile Gemini wrongful‑death lawsuit raise revenue/margin and liability concerns for consumer services. Play Store settlement Gemini lawsuit
• Negative Sentiment: Regulatory scrutiny on Waymo / AV safety and technical/short‑term chart pressure: NTSB/industry scrutiny of autonomous‑vehicle safety plus technical analysts calling a short thesis add to near‑term selling pressure. Waymo NTSB scrutiny Chart short thesis

Analyst Ratings Changes

GOOG has been the topic of several analyst reports. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 target price on shares of Alphabet in a research report on Thursday, January 15th. Piper Sandler restated an “overweight” rating and issued a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. DZ Bank raised Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Stock Performance

NASDAQ GOOG opened at $298.30 on Friday. The company has a market capitalization of $3.61 trillion, a PE ratio of 27.59, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10. 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 52-week low of $142.66 and a 52-week high of $350.15. The company has a 50-day simple moving average of $320.28 and a 200 day simple moving average of $286.23.

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

Alphabet Announces Dividend

The business 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 $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 is Monday, March 9th. Alphabet’s payout ratio is 7.77%.

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.