Alphabet Inc. $GOOG Shares Bought by Midwest Trust Co

Midwest Trust Co raised its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 367,573 shares of the information services provider’s stock after purchasing an additional 9,774 shares during the quarter. Alphabet comprises about 1.4% of Midwest Trust Co’s investment portfolio, making the stock its 10th largest position. Midwest Trust Co’s holdings in Alphabet were worth $115,344,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Ebert Capital Management Inc. acquired a new position in shares of Alphabet during the 4th quarter worth about $840,000. EWA LLC grew its position in shares of Alphabet by 85.3% during the 4th quarter. EWA LLC now owns 10,500 shares of the information services provider’s stock worth $3,295,000 after buying an additional 4,833 shares during the period. Northern Capital Management Inc. grew its position in shares of Alphabet by 0.8% during the 4th quarter. Northern Capital Management Inc. now owns 4,023 shares of the information services provider’s stock worth $1,262,000 after buying an additional 32 shares during the period. Apeiron RIA LLC grew its position in shares of Alphabet by 15.5% during the 4th quarter. Apeiron RIA LLC now owns 1,448 shares of the information services provider’s stock worth $495,000 after buying an additional 194 shares during the period. Finally, NewEdge Wealth LLC grew its position in shares of Alphabet by 85.1% during the 4th quarter. NewEdge Wealth LLC now owns 161,947 shares of the information services provider’s stock worth $50,819,000 after buying an additional 74,478 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.1%

NASDAQ GOOG opened at $393.11 on Tuesday. The stock has a market capitalization of $4.76 trillion, a price-to-earnings ratio of 29.99, a PEG ratio of 1.68 and a beta of 1.25. The stock’s 50 day moving average price is $329.28 and its two-hundred day moving average price is $318.18. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 EPS. As a group, analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is currently 6.41%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Truist Financial set a $385.00 price objective on Alphabet in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $363.40.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of the company’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 sale, the insider owned 51,808 shares in the company, valued at $14,293,309.12. This represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 617 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares in the company, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 257,931 shares of company stock worth $36,886,538. Insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Investors are looking for major AI announcements at Google I/O, including Gemini upgrades, agentic commerce features, and TPU chip progress, which could reinforce Alphabet’s leadership in AI. Google I/O primer: Alphabet’s AI showcase is its chance to wow Wall Street
• Positive Sentiment: Bank of America expects broad AI product updates across Search, Chrome, and Android, supporting the view that Alphabet can keep monetizing AI across its core platforms. Google I/O preview: Bank of America expects major AI push across Search, Chrome, and Android
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position again, a high-profile signal that some large investors still see upside in the stock. Warren Buffett’s Successor, Greg Abel, Just Sold 16 Stocks, but Piled Into an AI Titan That’s Now a Top-5 Position for Berkshire Hathaway
• Positive Sentiment: Recent coverage highlights Alphabet’s strong fundamentals, including a powerful earnings beat, cloud backlog growth, and AI-driven efficiency gains, which have helped justify the rally. Alphabet: The $462B Backlog Crushed The Bear Case, But At 30x P/E I’m Trimming To Buy
• Neutral Sentiment: Multiple hedge fund and billionaire portfolio updates show mixed views on Alphabet, with some managers adding while others trimmed positions, which may limit the stock’s near-term reaction. Pershing Square trims Alphabet Class C stake by 5.85M shares
• Negative Sentiment: Alphabet disclosed insider-like selling by a major shareholder, which can create slight pressure if investors interpret it as profit-taking after the recent run-up. SEC filing

Alphabet Profile

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.