Blackhawk Capital Partners LLC Decreases Stock Position in Alphabet Inc. $GOOGL

Blackhawk Capital Partners LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.5% during the fourth quarter, Holdings Channel reports. The fund owned 32,823 shares of the information services provider’s stock after selling 1,559 shares during the period. Alphabet makes up about 3.9% of Blackhawk Capital Partners LLC’s portfolio, making the stock its 4th biggest position. Blackhawk Capital Partners LLC’s holdings in Alphabet were worth $10,273,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. American Institute for Advanced Investment Management LLP lifted its holdings in Alphabet by 1.4% during the 4th quarter. American Institute for Advanced Investment Management LLP now owns 3,721 shares of the information services provider’s stock worth $1,134,000 after buying an additional 53 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs lifted its holdings in Alphabet by 6.4% during the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 230,550 shares of the information services provider’s stock worth $72,162,000 after buying an additional 13,824 shares in the last quarter. Fortem Financial Group LLC lifted its holdings in Alphabet by 7.0% during the 4th quarter. Fortem Financial Group LLC now owns 24,733 shares of the information services provider’s stock worth $7,741,000 after buying an additional 1,618 shares in the last quarter. Centric Wealth Management lifted its stake in shares of Alphabet by 4.8% in the 4th quarter. Centric Wealth Management now owns 6,224 shares of the information services provider’s stock valued at $2,139,000 after purchasing an additional 286 shares during the period. Finally, 49 Wealth Management LLC lifted its stake in shares of Alphabet by 71.5% in the 4th quarter. 49 Wealth Management LLC now owns 12,972 shares of the information services provider’s stock valued at $4,060,000 after purchasing an additional 5,409 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling

In other news, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider owned 51,808 shares in the company, valued at $14,293,309.12. This trade represents a 14.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the transaction, the chief executive officer owned 1,674,560 shares of the company’s stock, valued at $508,028,012.80. The trade was a 1.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 226,481 shares of company stock worth $27,422,061 over the last three months. Company insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GOOGL. Arete Research increased their price target on Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Robert W. Baird upped their price objective on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Guggenheim restated a “buy” rating and issued a $450.00 price objective (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. Rothschild & Co Redburn upped their price objective on shares of Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Oppenheimer upped their price objective on shares of Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Two 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $412.94.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here’s One Thing To Know.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $380.34 on Friday. The stock has a market capitalization of $4.61 trillion, a price-to-earnings ratio of 29.01, a PEG ratio of 1.67 and a beta of 1.26. The business has a 50-day moving average of $345.77 and a 200-day moving average of $324.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a fifty-two week low of $162.00 and a fifty-two week high of $408.61.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. As a group, sell-side analysts predict that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is 6.71%.

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.