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

Triad Wealth Partners LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL) by 7.2% during the 1st quarter, HoldingsChannel reports. The firm owned 27,098 shares of the information services provider’s stock after acquiring an additional 1,809 shares during the period. Triad Wealth Partners LLC’s holdings in Alphabet were worth $7,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. CIBC Bancorp USA Inc. purchased a new stake in Alphabet in the 3rd quarter valued at approximately $416,217,000. NewEdge Wealth LLC lifted its holdings in shares of Alphabet by 11.8% in the 4th 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 period. World Investment Advisors lifted its holdings in shares of Alphabet by 9.2% in the 4th 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 period. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in shares of Alphabet in the fourth quarter valued at approximately $28,902,000. Finally, Private Advisory Group LLC boosted its stake in shares of 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. Institutional investors and hedge funds own 40.03% of the company’s stock.

More 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

Analysts Set New Price Targets

Several research analysts have issued reports on GOOGL shares. Susquehanna reiterated a “positive” rating and issued a $460.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Freedom Capital lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. China Renaissance increased their price target on shares of Alphabet from $400.00 to $485.00 and gave the company a “buy” rating in a report on Monday, May 4th. Truist Financial set a $430.00 price objective on shares of Alphabet and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Robert W. Baird boosted their price objective on shares of Alphabet from $380.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $413.13.

Alphabet Stock Down 0.3%

Alphabet stock opened at $345.04 on Thursday. 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 firm has a market capitalization of $4.18 trillion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 1.48 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $167.55 and a fifty-two week high of $408.61. The stock’s fifty day moving average is $368.72 and its two-hundred day moving average is $332.69.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Analysts predict that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a dividend of $0.22 per share. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 6.71%.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director directly owned 18,721 shares in the company, valued at $7,132,701. This represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 160,516 shares of company stock valued at $7,344,604 in the last quarter. 11.61% of the stock is owned by corporate insiders.

Alphabet Company Profile

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.