Copeland Capital Management LLC Has $21.37 Million Stock Holdings in Alphabet Inc. $GOOGL

Copeland Capital Management LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,272 shares of the information services provider’s stock after selling 3,071 shares during the period. Copeland Capital Management LLC’s holdings in Alphabet were worth $21,369,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. NBC Securities Inc. raised its stake in Alphabet by 3.2% during the fourth quarter. NBC Securities Inc. now owns 58,569 shares of the information services provider’s stock worth $18,332,000 after acquiring an additional 1,836 shares in the last quarter. Lebenthal Global Advisors LLC raised its stake in Alphabet by 99.0% during the fourth quarter. Lebenthal Global Advisors LLC now owns 16,444 shares of the information services provider’s stock worth $5,147,000 after acquiring an additional 8,182 shares in the last quarter. Cora Capital Advisors LLC raised its stake in Alphabet by 15.8% during the fourth quarter. Cora Capital Advisors LLC now owns 3,996 shares of the information services provider’s stock worth $1,251,000 after acquiring an additional 544 shares in the last quarter. First Financial Group Corp raised its stake in Alphabet by 4.8% during the fourth quarter. First Financial Group Corp now owns 2,622 shares of the information services provider’s stock worth $821,000 after acquiring an additional 120 shares in the last quarter. Finally, Members Wealth LLC raised its stake in Alphabet by 2.3% during the fourth quarter. Members Wealth LLC now owns 3,185 shares of the information services provider’s stock worth $1,061,000 after acquiring an additional 72 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wedbush increased their price objective on Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. President Capital increased their price objective on Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. UBS Group set a $410.00 price objective on Alphabet and gave the stock a “neutral” rating in a research note on Thursday, April 30th. The Goldman Sachs Group increased their price objective on Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Piper Sandler reiterated an “overweight” rating and set a $425.00 price objective (up from $395.00) on shares of Alphabet in a research note 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 assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $407.86.

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the transaction, the director owned 3,581 shares in the company, valued at $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 158,553 shares of company stock worth $47,951,856 in the last ninety days. 11.61% of the stock is currently owned by insiders.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $387.35 on Wednesday. Alphabet Inc. has a twelve month low of $156.16 and a twelve month high of $402.00. The firm has a market cap of $4.69 trillion, a PE ratio of 29.55, a price-to-earnings-growth ratio of 1.59 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. The business has a fifty day moving average of $323.56 and a 200-day moving average of $314.66.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, equities research analysts predict that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a $0.22 dividend. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) 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.