Henrickson Nauta Wealth Advisors Inc. raised its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 78.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,842 shares of the information services provider’s stock after buying an additional 1,690 shares during the period. Henrickson Nauta Wealth Advisors Inc.’s holdings in Alphabet were worth $1,209,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Everpar Advisors LLC boosted its stake in shares of Alphabet by 9.6% during the 4th quarter. Everpar Advisors LLC now owns 15,783 shares of the information services provider’s stock worth $4,953,000 after acquiring an additional 1,378 shares in the last quarter. Bannerman Wealth Management Group LLC acquired a new stake in shares of Alphabet in the 4th quarter worth approximately $202,000. Harbor Investment Advisory LLC increased its stake in Alphabet by 4.2% in the 4th quarter. Harbor Investment Advisory LLC now owns 78,958 shares of the information services provider’s stock valued at $24,777,000 after purchasing an additional 3,163 shares in the last quarter. Wilsey Asset Management Inc. purchased a new position in Alphabet in the 4th quarter valued at approximately $251,000. Finally, CWA Asset Management Group LLC raised its holdings in Alphabet by 0.3% during the fourth quarter. CWA Asset Management Group LLC now owns 157,692 shares of the information services provider’s stock worth $49,484,000 after purchasing an additional 549 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Alphabet Price Performance
Shares of NASDAQ:GOOG opened at $299.02 on Tuesday. The company has a market cap of $3.62 trillion, a P/E ratio of 27.66, a P/E/G ratio of 1.75 and a beta of 1.10. The business has a fifty day simple moving average of $316.99 and a 200-day simple moving average of $294.48. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.
Alphabet Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. Canaccord Genuity Group upped their target price on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Truist Financial set a $350.00 price target on Alphabet in a research note on Friday, December 5th. Wedbush reiterated an “outperform” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Finally, Piper Sandler restated an “overweight” rating and set a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $345.71.
View Our Latest Research Report on GOOG
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s Wing plans to begin consumer drone deliveries in the San Francisco Bay Area in the coming months — a commercial expansion into a major metro that signals progress toward scalable, revenue‑generating drone logistics. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
- Positive Sentiment: Alphabet is testing drones in dense urban settings, showing technological and regulatory advances that could accelerate commercialization of aerial services and new monetization channels beyond search and cloud. Alphabet’s Drone Push Enters Dense Urban Test
- Positive Sentiment: Investor commentary and social chatter highlight Alphabet’s recent earnings beat, accelerating AI monetization and a large Google Cloud backlog — factors underpinning medium/long‑term revenue and margin upside. Alphabet Stock (GOOG) Opinions on Earnings Release
- Positive Sentiment: Analyst and forecast pieces continue to push bullish return scenarios (high‑mid‑teens to ~40% 12‑month upside cited), reflecting confidence in Search growth, AI product monetization and cloud adoption. Alphabet Stock Forecast: Can GOOGL Deliver Nearly 40% Gains in 12 Months?
- Neutral Sentiment: Google’s president warned at CERAWeek that U.S. electricity supply may not be scaling fast enough for AI data‑center demand — a reminder that Alphabet’s AI growth depends on expensive infrastructure and broader energy policy. CERAWEEK US needs more energy development to power AI, Google president says
- Neutral Sentiment: Market‑wide moves in the S&P 500 are supporting Big Tech; Alphabet is one of the contributors to the index’s gains today, which is providing a tailwind but not a company‑specific catalyst. SPY is up 1.2% today, on PLTR stock price movement
- Negative Sentiment: A high‑profile jury trial over alleged addiction harm tied to Meta and Google is struggling to reach consensus — an unresolved verdict raises litigation and reputational risk that could lead to retrials or larger regulatory scrutiny. Jury in landmark Meta, Google addiction trial having difficulty coming to consensus
- Negative Sentiment: EU “gatekeeper” designation push for smart TVs and virtual assistants resurfaced, highlighting potential regulatory constraints and product‑level compliance costs across Europe. Market Chatter: Google, Amazon, Apple Face EU ‘Gatekeeper’ Designation Push Over Smart TVs, Virtual Assistants
Insiders Place Their Bets
In related news, Director Frances Arnold sold 112 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the company’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 directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,110,165 shares of company stock valued at $118,134,117. 12.99% of the stock is currently owned by corporate insiders.
Alphabet 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.
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