Fort Point Capital Partners LLC Has $4.87 Million Holdings in Alphabet Inc. $GOOGL

Fort Point Capital Partners LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 66.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,034 shares of the information services provider’s stock after selling 39,563 shares during the period. Fort Point Capital Partners LLC’s holdings in Alphabet were worth $4,870,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Delos Wealth Advisors LLC raised its stake in shares of Alphabet by 5.2% in the 3rd quarter. Delos Wealth Advisors LLC now owns 10,720 shares of the information services provider’s stock valued at $2,606,000 after acquiring an additional 527 shares in the last quarter. Disciplined Investors L.L.C. lifted its holdings in Alphabet by 2.9% in the 3rd quarter. Disciplined Investors L.L.C. now owns 6,378 shares of the information services provider’s stock worth $1,550,000 after purchasing an additional 182 shares during the last quarter. EagleClaw Capital Managment LLC boosted its position in Alphabet by 15.0% during the third quarter. EagleClaw Capital Managment LLC now owns 18,097 shares of the information services provider’s stock worth $4,399,000 after purchasing an additional 2,357 shares during the period. Bollard Group LLC boosted its position in Alphabet by 4.8% during the third quarter. Bollard Group LLC now owns 30,487 shares of the information services provider’s stock worth $7,411,000 after purchasing an additional 1,400 shares during the period. Finally, CLG LLC grew its holdings in Alphabet by 2.2% during the third quarter. CLG LLC now owns 6,601 shares of the information services provider’s stock valued at $1,605,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a “buy” on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet’s earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ “Platform 37” referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

Alphabet Price Performance

NASDAQ:GOOGL opened at $302.28 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The company has a fifty day moving average price of $319.12 and a 200 day moving average price of $290.39. The stock has a market cap of $3.66 trillion, a P/E ratio of 27.96, a PEG ratio of 1.77 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid 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 (DPR) is presently 7.77%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of recent analyst reports. Roth Mkm lifted their price target on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Mizuho raised their target price on shares of Alphabet from $400.00 to $410.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Robert W. Baird lifted their target price on shares of Alphabet from $375.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. New Street Research lifted their target price on shares of Alphabet from $330.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Evercore restated an “outperform” rating and set a $400.00 price target (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the transaction, the chief executive officer directly owned 1,674,560 shares in the company, valued at $508,028,012.80. The trade was a 1.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,076,615 shares of company stock valued at $107,809,111 over the last quarter. Company insiders own 11.55% of the company’s stock.

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.