Alphabet Inc. $GOOGL Shares Acquired by Triad Wealth Partners LLC

Triad Wealth Partners LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 7.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,098 shares of the information services provider’s stock after purchasing an additional 1,809 shares during the period. Triad Wealth Partners LLC’s holdings in Alphabet were worth $7,792,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new stake in shares of Alphabet during the 3rd quarter worth $416,217,000. NewEdge Wealth LLC increased its holdings in Alphabet by 11.8% in the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock valued at $277,696,000 after buying an additional 93,293 shares during the last quarter. World Investment Advisors increased its holdings in Alphabet by 9.2% in the fourth quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock valued at $86,000,000 after buying an additional 23,107 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in Alphabet in the fourth quarter valued at $28,902,000. Finally, Private Advisory Group LLC raised its stake in Alphabet by 12.2% in the fourth quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider’s stock valued at $7,736,000 after buying an additional 2,678 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet will join the Dow Jones Industrial Average, replacing Verizon, which is a prestige win and may attract new index demand. Alphabet replacing Verizon in Dow Jones Industrial Average index
• Positive Sentiment: Analysts and recent coverage continue to highlight strong demand for Google Cloud and Alphabet’s AI infrastructure opportunities, reinforcing the long-term growth case. Alphabet Rides on Accelerating AI Infrastructure Demand: What’s Ahead?
• Neutral Sentiment: Google delayed the launch of Gemini 3.5 Pro to July while it continues tuning the model based on early feedback, which suggests progress but also a slower rollout than expected. Google delays Gemini 3.5 Pro launch to July as it tweaks its new frontier AI model
• Neutral Sentiment: Alphabet’s YouTube settled a lawsuit over alleged social-media harm to children, removing a legal overhang but without enough detail to gauge a major financial impact. Google’s YouTube settles with plaintiff ahead of second California trial over social media harm to children, attorneys say
• Negative Sentiment: Reports that top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic add to concerns about talent retention and competition in frontier AI. AI researchers continue to leave Google for its rivals
• Negative Sentiment: Broader coverage also points to rising competition in AI search and fears that Google’s core search business could face pressure as users and rivals shift toward alternative AI-driven tools. Google’s online dominance Is showing signs of cracking in AI era

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 617 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 160,516 shares of company stock valued at $7,344,604. 11.61% of the stock is owned by insiders.

Alphabet Stock Down 0.3%

GOOGL opened at $345.04 on Thursday. Alphabet Inc. has a one year low of $167.55 and a one year high of $408.61. 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 stock has a market capitalization of $4.18 trillion, a P/E ratio of 26.32, a price-to-earnings-growth ratio of 1.48 and a beta of 1.23. The business’s 50-day simple moving average is $368.72 and its 200-day simple moving average is $332.69.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The firm 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%. Analysts anticipate that Alphabet Inc. will post 14.3 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Analysts Set New Price Targets

Several research firms have recently issued reports on GOOGL. President Capital upped their price objective on Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, April 28th. Wolfe Research decreased their target price on Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research note on Friday, April 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Wednesday, June 3rd. Finally, Rosenblatt Securities reiterated a “neutral” rating and issued a $393.00 price target on shares of Alphabet in a research note on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $413.13.

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.