WJ Wealth Management LLC Trims Holdings in Alphabet Inc. $GOOG

WJ Wealth Management LLC cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 50.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,873 shares of the information services provider’s stock after selling 8,889 shares during the period. Alphabet makes up 0.9% of WJ Wealth Management LLC’s investment portfolio, making the stock its 25th largest position. WJ Wealth Management LLC’s holdings in Alphabet were worth $2,161,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Alphabet during the 2nd quarter worth approximately $4,298,572,000. JPMorgan Chase & Co. boosted its holdings in Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in Alphabet by 73.5% in the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after purchasing an additional 4,154,929 shares during the last quarter. Laurel Wealth Advisors LLC increased its holdings in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after purchasing an additional 4,099,366 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Alphabet by 330.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,989,463 shares of the information services provider’s stock valued at $707,691,000 after purchasing an additional 3,062,590 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent win that signals Alphabet is accelerating DeepMind’s commercial and research push vs. OpenAI/Anthropic. Article Title
• Positive Sentiment: Google’s Stitch redesign and other product updates are pressuring competitors (Adobe, Figma), showing Alphabet can leverage AI to expand into new workflows and monetize developer/designer tools. Article Title
• Positive Sentiment: Alphabet’s Wiz buyout expands Google Cloud’s security portfolio — strengthens competitive positioning against AWS/Azure and supports enterprise AI adoption. Article Title
• Positive Sentiment: Alphabet is rebuilding Pentagon ties and appears well‑placed for government AI work after competitors’ controversies — a potential revenue/contract upside. Article Title
• Neutral Sentiment: Google says it will let websites opt out of generative AI in search to address UK competition concerns — could head off regulatory risk but may limit product scope in UK markets. Article Title
• Negative Sentiment: Alphabet is increasing reliance on Chinese suppliers for advanced liquid cooling and may acquire a Chinese cooling firm — improves capacity for AI data centers but raises new geopolitical, export‑control and regulatory risks. Article Title
• Negative Sentiment: CEO Sundar Pichai sold 32,500 shares (SEC filing) and other insider sales continue; large insider selling can spur short‑term caution among investors. Article Title
• Negative Sentiment: Broad concerns about hyperscaler AI capex — heavy spending raises questions about the pace of returns and margin/valuation pressure for big cloud/AI names (including Alphabet). Article Title
• Positive Sentiment: Alphabet paid its first 2026 dividend ($0.21/share) and maintains strong analyst sentiment/price targets, which supports longer‑term investor confidence. Article Title

Alphabet Stock Performance

Shares of GOOG opened at $306.30 on Thursday. The firm has a fifty day moving average of $318.68 and a 200-day moving average of $292.32. The company has a market cap of $3.71 trillion, a price-to-earnings ratio of 28.33, a price-to-earnings-growth ratio of 1.81 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the business posted $2.15 EPS. Alphabet’s revenue was up 18.0% on a year-over-year basis. As a group, equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently commented on GOOG shares. Piper Sandler reiterated an “overweight” rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Wedbush reissued an “outperform” rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. KeyCorp set a $370.00 price target on Alphabet in a research report on Thursday, February 5th. DZ Bank raised shares of Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, UBS Group restated a “neutral” rating and issued a $348.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $345.71.

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s 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 directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction 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 owned 20,624 shares of the company’s stock, valued at $6,325,999.52. This trade represents a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,109,115 shares of company stock worth $117,815,536 over the last quarter. Insiders own 12.99% of the company’s stock.

About Alphabet

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.