Wealth Enhancement Advisory Services LLC Has $393.94 Million Stake in Alphabet Inc. $GOOG

Wealth Enhancement Advisory Services LLC grew its position in Alphabet Inc. (NASDAQ:GOOG) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,252,930 shares of the information services provider’s stock after buying an additional 29,200 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Alphabet were worth $393,937,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp lifted its stake in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after purchasing an additional 2,428,266 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Alphabet by 8.6% in the 3rd 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. Alliancebernstein L.P. increased its stake in shares of Alphabet by 5.8% in the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock valued at $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Alphabet by 0.7% during the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after buying an additional 223,743 shares in the last quarter. Finally, Capital World Investors lifted its position in shares of Alphabet by 1.9% during the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider’s stock worth $6,971,769,000 after buying an additional 539,679 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GOOG shares. Scotiabank reiterated an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating and set a $348.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Finally, Guggenheim reiterated a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $345.71.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the transaction, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. 12.99% of the stock is owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud wins a bigger role in UK infrastructure: Openreach expanded its Google Cloud/Gemini AI use to accelerate fibre rollout and cut fleet emissions — a commercial + ESG win that could drive Cloud revenue and stickier enterprise relationships. Openreach taps Google AI to speed fibre rollout, cut emissions
• Positive Sentiment: DeepMind expands robotics footprint: Partnership with Agile Robots to integrate Gemini Robotics models with hardware strengthens Alphabet’s AI-to-robotics moat and potential new product lines. Google partners with Agile Robots, growing its AI robotics footprint
• Positive Sentiment: Agentic commerce monetization: Gap (and other merchants) integrating checkout inside Gemini signals early commerce monetization paths for Alphabet’s AI platform. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
• Positive Sentiment: Google Cloud wins in fintech tokenization: BMO/CME tokenized cash platform built on Google Cloud expands financial services use cases for the platform. BMO to launch tokenized cash platform with CME and Google Cloud
• Neutral Sentiment: Analyst optimism and price targets remain supportive: Several bullish forecasts and high median price targets (many analysts still see significant upside over 12 months), which underpins longer?term sentiment but may not stop short?term volatility. Alphabet Stock Forecast: Can GOOGL Deliver Nearly 40% Gains in 12 Months?
• Neutral Sentiment: Wing drone expansion and other long?term bets continue (e.g., Bay Area drone rollout, energy PPAs with Google Energy) — positive strategically but low near?term revenue impact. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
• Negative Sentiment: Regulatory risk heightened: EU antitrust chief is meeting Big Tech CEOs as the Commission scrutinizes AI?era dominance — this increases the likelihood of policy actions that could constrain business models or impose compliance costs. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
• Negative Sentiment: Near?term selling pressure and technical concerns: social?media traders flag a head?and?shoulders/technical breakdown while recent coverage highlights notable daily declines and aggressive insider selling activity — factors likely feeding today’s weakness. Alphabet Stock (GOOGL) Opinions on Technical Breakdown and AI Developments
• Negative Sentiment: Legal/jury trial noise: ongoing high?profile litigation involving big tech (reported jury difficulties) adds headline risk that can amplify volatility. Jury in landmark Meta, Google addiction trial having difficulty coming to consensus

Alphabet Price Performance

Shares of GOOG opened at $289.20 on Wednesday. The business has a 50-day moving average of $316.04 and a 200-day moving average of $294.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the previous year, the company earned $2.15 EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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

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.