Highview Capital Management LLC DE Raises Stake in Alphabet Inc. $GOOGL

Highview Capital Management LLC DE boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.6% during the 4th quarter, Holdings Channel reports. The fund owned 28,828 shares of the information services provider’s stock after buying an additional 1,524 shares during the period. Alphabet comprises about 3.2% of Highview Capital Management LLC DE’s portfolio, making the stock its 8th largest position. Highview Capital Management LLC DE’s holdings in Alphabet were worth $9,023,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. PMV Capital Advisers LLC bought a new stake in shares of Alphabet in the 4th quarter valued at about $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at about $53,000. Kentucky Trust Co boosted its holdings in shares of Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after buying an additional 100 shares in the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at about $53,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Alphabet in the 3rd quarter valued at about $63,000. 40.03% of the stock is currently owned by institutional investors.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $508,028,012.80. This represents a 1.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 158,553 shares of company stock valued at $47,951,856. Company insiders own 11.61% of the company’s stock.

Alphabet Stock Performance

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

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Sell-side analysts expect that Alphabet Inc. will post 14.01 EPS for the current year.

Alphabet Increases Dividend

The business also recently disclosed 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. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is 6.41%.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $420.00 price target on shares of Alphabet and gave the company a “buy” rating in a report on Thursday, April 30th. Rosenblatt Securities raised their price target on shares of Alphabet from $357.00 to $393.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Needham & Company LLC raised their price target on shares of Alphabet from $400.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a report on Monday. Finally, BMO Capital Markets raised their price target on shares of Alphabet from $410.00 to $435.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $406.71.

Key Alphabet News

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 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.