Tounjian Advisory Partners LLC Has $6.87 Million Holdings in Alphabet Inc. $GOOGL

Tounjian Advisory Partners LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 22.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,934 shares of the information services provider’s stock after selling 6,220 shares during the period. Alphabet comprises 2.3% of Tounjian Advisory Partners LLC’s portfolio, making the stock its 5th biggest holding. Tounjian Advisory Partners LLC’s holdings in Alphabet were worth $6,865,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Alphabet in the 2nd quarter worth approximately $21,944,208,000. Berkshire Hathaway Inc bought a new position in Alphabet in the 3rd quarter valued at $4,338,397,000. Laurel Wealth Advisors LLC grew its position in shares of Alphabet by 17,667.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after purchasing an additional 15,159,273 shares in the last quarter. Capital World Investors increased its holdings in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Finally, Franklin Resources Inc. increased its holdings in shares of Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after purchasing an additional 10,843,853 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Alphabet Trading Down 3.8%

GOOGL stock opened at $290.44 on Wednesday. The company has a market capitalization of $3.51 trillion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The company’s 50 day moving average price is $316.12 and its two-hundred day moving average price is $294.46.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

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 paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on 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 transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,110,165 shares of company stock worth $118,134,117 in the last ninety days. Corporate insiders own 11.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Roth Mkm lifted their price objective on Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wolfe Research upped their target price on Alphabet from $380.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Sanford C. Bernstein raised their price target on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, February 2nd. The Goldman Sachs Group reissued a “buy” rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Finally, Jefferies Financial Group raised their target price on shares of Alphabet from $365.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average target price of $367.18.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Expanded Google Cloud partnership with Openreach to use AI for faster fibre rollout and lower fleet emissions — a commercial win for Google Cloud in the UK that also supports ESG credentials and incremental cloud revenue. Openreach taps Google AI to speed fibre rollout, cut emissions
• Positive Sentiment: BMO/CME plan to launch tokenized cash using Google Cloud — another institutional use-case for Google Cloud infrastructure that could drive long-term enterprise revenue. BMO to launch tokenized cash platform with CME and Google Cloud
• Positive Sentiment: Gap will enable in?Gemini checkout, extending Gemini’s commerce footprint and monetization potential for Google’s AI platform. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
• Positive Sentiment: DeepMind/Gemini Robotics partner with Agile Robots to integrate foundation models with hardware — advances Google’s robotics AI stack and potential productization pathways. Google partners with Agile Robots, growing its AI robotics footprint
• Positive Sentiment: Wing (Alphabet) expanding drone delivery to the San Francisco Bay Area — incremental commercialization of non?ad businesses and delivery logistics capabilities. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
• Neutral Sentiment: Large investors continue to overweight AI exposure (e.g., Bill Ackman’s portfolio heavy in AI leaders), underscoring sector tailwinds that benefit Alphabet as a core AI platform provider. 55% of Billionaire Bill Ackman’s Portfolio Is Invested in 4 Preeminent AI Stocks
• Neutral Sentiment: Alphabet tech is cited among firms contributing to defense/Golden Dome software efforts — a sign of enterprise/defense AI relevance even if not directly revenue?material yet. Anduril, Palantir Are Developing Golden Dome Missile Shield’s Software
• Neutral Sentiment: Non-operational headlines (e.g., Sergey Brin real-estate purchase) are noise for fundamentals but appear in coverage. Billionaire Google Co-Founder Sergey Brin Drops $51M On Miami Waterfront Mansion — Joins Tech Titans Flocking To Florida
• Negative Sentiment: Geopolitical tensions raised energy prices, which investors say could increase operating costs for Alphabet’s energy?intensive AI/data centers — a near?term earnings risk and key driver of the stock decline today. Why Alphabet (GOOGL) Shares Are Falling Today
• Negative Sentiment: Reports of significant insider selling while the stock trades near highs can spook sentiment; investors may read these sales as diversification or tax planning, but the headline increases short?term selling pressure. Why Are Alphabet Insiders Selling Every Share They Can While the Company Hits Record Highs?
• Negative Sentiment: EU antitrust scrutiny of big?tech AI (meetings with Alphabet’s CEO) highlights regulatory risk that could lead to constraints or fines over time. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
• Negative Sentiment: Price?action coverage notes Alphabet has recently fallen more than the market, amplifying downside momentum for short?term traders. Alphabet (GOOGL) Registers a Bigger Fall Than the Market: Important Facts to Note

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.