Laird Norton Wetherby Wealth Management LLC Increases Holdings in Alphabet Inc. $GOOG

Laird Norton Wetherby Wealth Management LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,184 shares of the information services provider’s stock after acquiring an additional 5,425 shares during the quarter. Alphabet makes up 0.9% of Laird Norton Wetherby Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Laird Norton Wetherby Wealth Management LLC’s holdings in Alphabet were worth $22,451,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. University of Illinois Foundation acquired a new stake in Alphabet during the second quarter worth approximately $31,000. Imprint Wealth LLC acquired a new position in shares of Alphabet in the 3rd quarter valued at $31,000. Manning & Napier Advisors LLC acquired a new position in shares of Alphabet in the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC purchased a new position in shares of Alphabet in the 3rd quarter valued at $40,000. Finally, Retirement Wealth Solutions LLC grew its position in shares of Alphabet by 145.0% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock valued at $48,000 after buying an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its acquisition of cybersecurity company Wiz — a large, strategic deal that accelerates Google Cloud’s enterprise security offering and supports higher-margin cloud growth expectations. Alphabet Inc. (GOOG) Announces Completion of its Acquisition of Wiz
• Positive Sentiment: Analyses and investor letters highlight renewed momentum in Google Cloud and AI positioning (new growth pillars), reinforcing the narrative that Cloud is a multi-year growth engine for Alphabet. Alphabet: Inside Google Cloud’s New Growth Pillars
• Positive Sentiment: Alphabet’s recent fundamentals (strong revenue and an earnings beat in its latest quarter) remain a supportive backdrop for the stock, underpinning investor confidence in AI-driven monetization and cloud expansion.
• Neutral Sentiment: Alphabet and other big tech firms pledged to power next‑generation data centers at the White House — this supports long‑term infrastructure needs for AI/Cloud but is a gradual, multi‑year catalyst. Alphabet (GOOGL) and Other Tech Giants Pledge at White House to Power Next-Generation Data Centers
• Neutral Sentiment: Media coverage and analyst pieces (Zacks, InsiderMonkey, Seeking Alpha, Motley Fool pieces in the feed) keep the stock in investors’ spotlight — that can amplify moves but is not a direct catalyst. Alphabet (GOOGL) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Reported short‑interest figures show zero shares in the feed — likely a data anomaly rather than a meaningful change in positioning. (Short‑interest metrics appear unreliable in this update.)
• Neutral Sentiment: Elon Musk’s comment that SpaceX will “far exceed” Google DeepMind in AI is a headline grabber but has limited immediate impact on Alphabet’s fundamentals; it is more noise in the competitive narrative. Elon Musk Says SpaceX Will ‘Far Exceed’ Google DeepMind In AI
• Negative Sentiment: European publishers and tech firms are urging EU regulators to speed up and impose a large antitrust fine over alleged self‑preferencing in Google Search; an adverse ruling or fine would be a material regulatory risk for Alphabet’s core search business in Europe. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. Truist Financial set a $350.00 price objective on Alphabet in a report on Friday, December 5th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. Finally, Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $345.71.

Alphabet Stock Performance

Shares of GOOG opened at $304.42 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.68 trillion, a P/E ratio of 28.16, a P/E/G ratio of 1.76 and a beta of 1.10. The company’s fifty day moving average is $319.10 and its two-hundred day moving average is $291.55. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

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

Alphabet Dividend Announcement

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

Insider Transactions at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the transaction, the director directly owned 20,624 shares of the company’s stock, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,076,615 shares of company stock valued at $107,809,111 over the last 90 days. Insiders own 12.99% of the company’s stock.

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.