CFM Wealth Partners LLC Trims Stock Holdings in Alphabet Inc. $GOOGL

CFM Wealth Partners LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 132,077 shares of the information services provider’s stock after selling 3,530 shares during the quarter. Alphabet comprises approximately 6.0% of CFM Wealth Partners LLC’s investment portfolio, making the stock its 3rd largest position. CFM Wealth Partners LLC’s holdings in Alphabet were worth $41,340,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. PMV Capital Advisers LLC bought a new position in shares of Alphabet during the 4th quarter valued at about $38,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the 3rd quarter valued at about $53,000. Kentucky Trust Co lifted its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 100 shares in the last quarter. iSAM Funds UK Ltd bought a new position in shares of Alphabet during the 3rd quarter valued at about $53,000. Finally, Sellwood Investment Partners LLC bought a new position in shares of Alphabet during the 3rd quarter valued at about $63,000. Institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on GOOGL shares. Evercore lifted their price objective on Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Piper Sandler reiterated an “overweight” rating and set a $425.00 price objective (up from $395.00) on shares of Alphabet in a report on Thursday, April 30th. Truist Financial lifted their price objective on Alphabet from $385.00 to $415.00 and gave the company a “buy” rating in a report on Thursday, April 30th. New Street Research lifted their price objective on Alphabet from $380.00 to $450.00 and gave the company a “buy” rating in a report on Monday. Finally, Daiwa Securities Group lifted their price objective on Alphabet from $380.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $406.71.

Insiders Place Their Bets

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 158,553 shares of company stock worth $47,951,856 in the last 90 days. Company insiders own 11.61% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge Q1 beat and cash generation — Alphabet reported blockbuster Q1 results and large net income, highlighting strong Search and AI-driven revenue that underpins recent multiple expansion and investor confidence. It Takes Meta Almost 9 Minutes…
• Positive Sentiment: Analyst upgrades lift sentiment — Mizuho raised its price target to $460 (outperform) and other shops have pushed targets higher, reinforcing buy-side momentum after the earnings beat. Alphabet Given New $460.00 Price Target at Mizuho
• Positive Sentiment: New consumer products and recurring revenue — Google rebranded Fitbit to Google Health, launched a $9.99/month AI health coach (May 19) and unveiled the Fitbit Air wearable; subscription services could add predictable ARPU. Google’s $9.99-per-month AI health coach…
• Positive Sentiment: Market leadership narrative — Coverage notes Alphabet closing the gap on Nvidia for the world’s largest market cap, a bullish signal that may attract momentum and index flows. Alphabet Is About to Overtake Nvidia…
• Neutral Sentiment: Hiring and process changes — Google is piloting AI-assisted software-engineer interviews and exploring personal AI agents (Remy), which could improve hiring throughput but raise operational and fairness questions. Google plans to let software engineers…
• Neutral Sentiment: R&D and partnerships — DeepMind has taken a minority stake to train models on the EVE Online environment and Google continues investing in personal AI agents; long-term upside but near-term costs remain. Google DeepMind Will Train AI Models…
• Negative Sentiment: Regulatory/legal risk in EU news case — Google proposed changes to search news displays to avoid further EU fines, highlighting ongoing exposure to large competition penalties that could hit earnings or require product changes. Google moves to avert EU fines…
• Negative Sentiment: UK display-ads legal claim — A £3bn collective claim alleging monopolization of display ads introduces another material legal overhang that could pressure valuation until resolved. Google facing £3bn legal claim…

Alphabet Stock Down 0.0%

Shares of Alphabet stock opened at $397.99 on Friday. The business’s 50 day simple moving average is $318.66 and its 200 day simple moving average is $311.72. Alphabet Inc. has a 52-week low of $152.20 and a 52-week high of $400.10. The firm has a market cap of $4.81 trillion, a PE ratio of 30.36, a P/E/G ratio of 1.66 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. On average, analysts predict that Alphabet Inc. will post 14.01 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. 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%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is 6.41%.

About Alphabet

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.