Venturi Wealth Management LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 190,117 shares of the information services provider’s stock after buying an additional 5,049 shares during the period. Alphabet comprises about 2.6% of Venturi Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Venturi Wealth Management LLC’s holdings in Alphabet were worth $59,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the stock. Members Trust Co boosted its holdings in shares of Alphabet by 0.5% in the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock worth $2,014,000 after purchasing an additional 31 shares in the last quarter. Lifelong Wealth Advisors Inc. boosted its holdings in shares of Alphabet by 1.9% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock worth $541,000 after purchasing an additional 33 shares in the last quarter. White Wing Wealth Management boosted its holdings in shares of Alphabet by 2.9% in the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider’s stock worth $362,000 after purchasing an additional 33 shares in the last quarter. Quantum Financial Advisors LLC boosted its holdings in shares of Alphabet by 0.3% in the 4th quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider’s stock worth $3,693,000 after purchasing an additional 34 shares in the last quarter. Finally, MRA Advisory Group boosted its holdings in shares of Alphabet by 2.7% in the 4th quarter. MRA Advisory Group now owns 1,310 shares of the information services provider’s stock worth $410,000 after purchasing an additional 35 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.
Alphabet Stock Down 0.1%
Shares of Alphabet stock opened at $338.89 on Friday. 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 52-week low of $147.84 and a 52-week high of $349.00. The stock has a market capitalization of $4.10 trillion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 2.09 and a beta of 1.12. The company’s 50 day moving average price is $308.53 and its 200-day moving average price is $303.92.
Alphabet Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.
Analysts Set New Price Targets
GOOGL has been the subject of a number of research reports. Cantor Fitzgerald upped their price objective on Alphabet from $370.00 to $395.00 and gave the stock an “overweight” rating in a report on Monday. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Bank of America boosted their price objective on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. China Renaissance boosted their price objective on shares of Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Stifel Nicolaus lowered their price objective on shares of Alphabet from $395.00 to $387.00 and set a “buy” rating for the company in a report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $369.67.
Get Our Latest Report on GOOGL
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud Next product push — Alphabet unveiled 8th?generation TPUs (separate chips for training and inference), the Gemini Enterprise agent platform, a $750M partner fund and major infrastructure upgrades designed to drive enterprise AI adoption and long?term cloud monetization. Google Cloud launches two new AI chips to compete with Nvidia
- Positive Sentiment: Analyst backing and price?target raises — Recent analyst moves (e.g., BMO raising its target to $410 and multiple “buy” reiterations) are supporting investor confidence that Alphabet is the primary way to gain AI exposure. BMO Raises Alphabet’s Target to $410 and Calls It “the Best Way to Own AI”
- Positive Sentiment: Large enterprise deals and customer adoption — Merck’s multi?year $1B commitment to Google Cloud and new customer deployments (Ulta, AutoZone migrations) signal concrete enterprise revenue pull?through for Google’s AI stack. Merck to partner with Google Cloud on AI initiatives
- Neutral Sentiment: Expectations for modest Q1 beat — Banks like Bank of America expect a slight upside to consensus for Q1 revenue and EPS driven by AI and Cloud strength; Q1 results (Apr 29) will be the near?term catalyst. Alphabet set to report modest beat for Q1 driven by AI, Cloud growth
- Neutral Sentiment: Industry reaction to custom chips — Google’s TPU line intensifies competition with Nvidia; markets view this as both a cost advantage and a longer roadmap risk (timing, adoption), producing mixed near?term impact. Alphabet Stock Gains 2.1% After Unveiling New AI Inference Chip
- Negative Sentiment: Regulatory risk in Europe — The European Commission is pressing Google to give rival AI assistants deeper access to Android, which could limit Google’s platform advantages and create product/monetization headwinds. Google Faces New EU Pressure to Give AI Rivals Android Access
Insider Activity at Alphabet
In other news, Director Frances Arnold sold 112 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,037,294 shares of company stock valued at $94,216,897 in the last quarter. 11.64% of the stock is currently owned by company insiders.
Alphabet 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.
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