Citizens & Northern Corp Decreases Stock Position in Alphabet Inc. $GOOG

Citizens & Northern Corp lowered its position in Alphabet Inc. (NASDAQ:GOOG) by 10.5% in the 4th quarter, HoldingsChannel reports. The fund owned 40,453 shares of the information services provider’s stock after selling 4,731 shares during the period. Alphabet accounts for about 3.1% of Citizens & Northern Corp’s holdings, making the stock its 11th biggest position. Citizens & Northern Corp’s holdings in Alphabet were worth $12,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Libra Wealth LLC increased its stake in shares of Alphabet by 14.6% in the fourth quarter. Libra Wealth LLC now owns 7,758 shares of the information services provider’s stock worth $2,434,000 after purchasing an additional 987 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC increased its holdings in Alphabet by 2.6% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 6,536 shares of the information services provider’s stock worth $2,051,000 after acquiring an additional 164 shares during the period. N.E.W. Advisory Services LLC raised its position in shares of Alphabet by 45.6% in the fourth quarter. N.E.W. Advisory Services LLC now owns 3,068 shares of the information services provider’s stock worth $963,000 after buying an additional 961 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Alphabet by 2.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 83,763 shares of the information services provider’s stock worth $26,285,000 after acquiring an additional 1,882 shares during the last quarter. Finally, Diversified Enterprises LLC boosted its position in shares of Alphabet by 29.8% during the 4th quarter. Diversified Enterprises LLC now owns 19,445 shares of the information services provider’s stock valued at $6,102,000 after acquiring an additional 4,460 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat and Cloud strength — Alphabet reported far‑above‑consensus EPS and revenue and disclosed a Google Cloud backlog near ~$468B, driving optimistic analyst revisions and momentum after the quarter. Read More.
• Positive Sentiment: Analyst upgrades & higher price targets — Several firms raised targets and reiterated buy/outperform views (examples include JPMorgan, 24/7 Wall St. models projecting material upside, and a Citizens upgrade). These lifts support medium‑term upside expectations. Read More.
• Positive Sentiment: Large buyer activity — Mirae Asset reported a sizable addition to its GOOGL stake in recent 13F filings, signaling institutional demand. Read More.
• Neutral Sentiment: Strategic/geo-political relevance — Coverage notes Washington is increasingly focused on Google for national AI compute capacity, which could translate to long‑term government/business opportunities but also regulatory/oversight scrutiny. Read More.
• Neutral Sentiment: Waymo & mobility investments — Continued large funding and VC interest in Waymo highlight growth optionality beyond ads, but returns are long‑dated. Read More.
• Neutral Sentiment: AI ecosystem lift for semis and payments — Alphabet’s $190B AI buildout and agentic‑commerce themes boost broader AI infrastructure demand (beneficial for Google, but also benefits peers). Read More.
• Negative Sentiment: Institutional trimming & profit‑taking — Some funds cut GOOG/GOOGL positions (State of Michigan reduced GOOGL; Manning & Napier and Yacktman trimmed stakes), consistent with profit‑taking after a big run. That pressure can cap near‑term gains. Read More. Read More.Read More.
• Negative Sentiment: Rising capex guidance — Alphabet warned of a significant increase in 2027 capital spending tied to AI infrastructure, which can compress near‑term free cash flow and prompt some investors to take profits. Read More.
• Negative Sentiment: Insider selling — A director sale was reported (small amount), a reminder some insiders are trimming exposure; typically immaterial alone but contributes to the day’s negative tape. Read More.

Alphabet Stock Performance

NASDAQ GOOG opened at $379.64 on Tuesday. The company has a 50-day simple moving average of $312.44 and a two-hundred day simple moving average of $308.65. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $384.18. The firm has a market cap of $4.59 trillion, a price-to-earnings ratio of 28.96, a PEG ratio of 1.81 and a beta of 1.25. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The company’s quarterly revenue was up 21.8% on a year-over-year basis. On average, equities analysts forecast that Alphabet Inc. will post 12.78 EPS for the current year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be paid a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is presently 6.41%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. KeyCorp set a $370.00 price objective on Alphabet in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $365.00 target price on shares of Alphabet in a research note on Monday, January 5th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $362.73.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. This represents a 18.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the sale, the chief executive officer directly owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. The trade was a 1.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 191,053 shares of company stock valued at $58,845,206 over the last quarter. Company insiders own 12.99% of the company’s stock.

Alphabet 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.