1,897 Shares in Alphabet Inc. $GOOGL Acquired by Clear Retirement Advice LLC

Key Points

• Clear Retirement Advice LLC disclosed a new fourth-quarter stake in Alphabet, buying 1,897 shares worth about $632,000. The position now represents roughly 0.5% of the firm’s holdings and is its 28th largest holding.
• Alphabet’s latest quarterly results beat expectations, with $5.11 EPS versus estimates of $2.64 and revenue of $109.9 billion versus $106.98 billion expected. The company also announced a small dividend increase to $0.22 per share quarterly.
• Analyst sentiment remains broadly positive, with a consensus rating of Moderate Buy and a consensus price target of $413.13. However, the stock continues to face mixed headlines, including AI talent departures, a Waymo robotaxi recall, and ongoing regulatory scrutiny in the UK.

Clear Retirement Advice LLC purchased a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,897 shares of the information services provider's stock, valued at approximately $632,000. Alphabet makes up about 0.5% of Clear Retirement Advice LLC's holdings, making the stock its 28th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. PMV Capital Advisers LLC bought a new position in Alphabet during the 4th quarter worth about $38,000. IFC & Insurance Marketing Inc. bought a new position in shares of Alphabet during the fourth quarter worth about $38,000. Bard Associates Inc. acquired a new stake in Alphabet in the 4th quarter valued at approximately $52,000. Kentucky Trust Co raised its position in Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after buying an additional 100 shares during the last quarter. Finally, iSAM Funds UK Ltd bought a new stake in Alphabet in the 3rd quarter valued at approximately $53,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on GOOGL. HSBC reaffirmed a "buy" rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Tuesday, June 2nd. UBS Group restated a "neutral" rating on shares of Alphabet in a report on Wednesday, May 20th. Cantor Fitzgerald raised their target price on shares of Alphabet from $395.00 to $465.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. President Capital lifted their price target on shares of Alphabet from $375.00 to $465.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Finally, Guggenheim reiterated a "buy" rating and issued a $450.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $413.13.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is being viewed as a major AI winner thanks to ongoing investment in AI infrastructure and data centers, which could support future cloud and AI revenue growth. Article Title
• Positive Sentiment: Reports that Berkshire Hathaway nearly tripled its Alphabet position may be seen as a strong vote of confidence from a major long-term investor. Article Title
• Positive Sentiment: Coverage emphasizing Alphabet’s strong earnings and expanding Google Cloud backlog supports the case for continued fundamental improvement. Article Title
• Neutral Sentiment: Alphabet’s stock is drawing increased investor attention and analyst commentary, but these are mostly sentiment-driven mentions rather than new company-specific catalysts. Article Title
• Negative Sentiment: Noam Shazeer, a top Google DeepMind/Gemini AI leader, is leaving for OpenAI, underscoring the competitive AI talent war. Article Title
• Negative Sentiment: John Jumper is also departing Google DeepMind for Anthropic, adding to concerns that Alphabet may be losing key AI researchers. Article Title
• Negative Sentiment: Waymo’s recall of nearly 3,900 robotaxis after construction-zone driving errors raises safety and regulatory concerns for Alphabet’s autonomous vehicle business. Article Title
• Negative Sentiment: The UK ordering Google to improve search-ranking transparency highlights continued regulatory scrutiny over its core search business. Article Title

Alphabet Stock Up 0.1%

NASDAQ GOOGL opened at $368.48 on Friday. The business has a fifty day moving average price of $367.04 and a two-hundred day moving average price of $331.95. The stock has a market capitalization of $4.46 trillion, a PE ratio of 28.11, a PEG ratio of 1.57 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $162.00 and a fifty-two week high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Equities analysts expect that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. Alphabet's dividend payout ratio (DPR) is currently 6.71%.

Insiders Place Their Bets

In related news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were 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 of the company's stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company's stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 160,516 shares of company stock worth $7,344,604. Company insiders own 11.61% of the company's stock.

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.

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