Perigon Wealth Management LLC Has $88.09 Million Stake in Alphabet Inc. $GOOG

Perigon Wealth Management LLC increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 280,713 shares of the information services provider’s stock after buying an additional 3,287 shares during the quarter. Alphabet comprises approximately 1.6% of Perigon Wealth Management LLC’s holdings, making the stock its 9th largest holding. Perigon Wealth Management LLC’s holdings in Alphabet were worth $88,088,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Tradewinds LLC. lifted its position in shares of Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after purchasing an additional 43,080 shares during the last quarter. Kathmere Capital Management LLC lifted its position in shares of Alphabet by 8.5% during the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after purchasing an additional 2,341 shares during the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after purchasing an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its holdings in shares of Alphabet by 0.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock valued at $53,920,000 after acquiring an additional 2,009 shares in the last quarter. Finally, American National Bank of Texas bought a new stake in shares of Alphabet in the third quarter valued at about $900,000. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Jefferies Financial Group restated a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a report on Monday, January 5th. Scotiabank restated an “outperform” rating and issued a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Finally, DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $345.71.

Alphabet Price Performance

GOOG opened at $314.74 on Thursday. The firm has a market capitalization of $3.81 trillion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business’s 50-day moving average is $307.23 and its two-hundred day moving average is $298.03. Alphabet Inc. has a 1 year low of $145.81 and a 1 year high of $350.15.

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

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term TPU and networking deals deepen Alphabet’s hardware advantage and reduce AI cost exposure, supporting Google Cloud margins and enterprise wins. Broadcom and Google seal five-year AI chip partnership
• Positive Sentiment: Waymo’s expansion to Nashville signals commercial progress for autonomous ride‑hailing, turning an “Other Bets” narrative into potential revenue growth. Alphabet Climbs 4% on Waymo’s Nashville Expansion: The Self-Driving Bet Is Starting to Pay Off
• Positive Sentiment: Google Finance’s AI overhaul and real‑time insights broaden product monetization and user engagement — a near‑term product catalyst that supports ad and subscription upside. Google Finance Gets AI Overhaul – Rolls Out Real-Time Insights To 100+ Countries
• Positive Sentiment: Google Cloud remains the fastest‑growing major cloud platform with a surging cloud backlog and AI-native offerings (Vertex/Gemini + TPUs), improving revenue visibility and margin trajectory. Google Cloud Is the World’s Fastest-Growing Major Cloud Platform
• Positive Sentiment: Wing and DoorDash drone expansion into Atlanta adds another commercialization channel for logistics and local revenue opportunities. Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta. Google Stock Turns Green In 2026.
• Neutral Sentiment: Broad market tailwinds — including a temporary geopolitical ceasefire — lifted tech stocks broadly, amplifying Alphabet’s gains alongside stock‑specific news. Alphabet, Meta, Amazon, Nvidia lead tech rally after Trump announces ceasefire with Iran
• Neutral Sentiment: Competitors (Meta, Anthropic, OpenAI) continue product launches; heightened competition could pressure share if monetization or market share shifts. Meta debuts new AI model, attempting to catch Google, OpenAI after spending billions
• Negative Sentiment: Some institutional selling has occurred (TCW sold shares), and environmental/community pushback on large data‑center projects raises operational/permit risk for capacity expansion. TCW Relative Value Large Cap Fund Sold Alphabet Inc (GOOG) After Meeting Valuation Characteristics While Amazon, Microsoft, Google Struggle With AI On Land — China Looks To The Sea

Insiders Place Their Bets

In other Alphabet news, 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 completion of the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director owned 4,631 shares of the company’s stock, valued at $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,069,344 shares of company stock valued at $104,708,426 in the last three months. 12.99% of the stock is currently owned by insiders.

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.