5th Street Advisors LLC Acquires Shares of 3,200 Alphabet Inc. $GOOGL

Key Points

• 5th Street Advisors LLC initiated a new position in Alphabet during the fourth quarter, buying 3,200 shares valued at about $1.0 million. The stake makes Alphabet its 25th largest holding and about 0.5% of its portfolio.
• Alphabet posted strong quarterly results, reporting EPS of $5.11 versus analyst expectations of $2.64 and revenue of $109.9 billion, ahead of estimates. The company also showed robust profitability with a 37.92% net margin and 38.99% return on equity.
• The company raised its quarterly dividend to $0.22 per share from $0.21, payable June 15. Meanwhile, Wall Street remains constructive, with a consensus rating of Moderate Buy and an average target price of $411.23.

5th Street Advisors LLC purchased a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,200 shares of the information services provider's stock, valued at approximately $1,002,000. Alphabet comprises 0.5% of 5th Street Advisors LLC's holdings, making the stock its 25th largest position.

Several other large investors have also recently bought and sold shares of the stock. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet in the 4th quarter valued at $38,000. Kentucky Trust Co grew its position in Alphabet by 142.9% in the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after acquiring an additional 100 shares during the last quarter. iSAM Funds UK Ltd acquired a new position in Alphabet during the third quarter worth about $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the third quarter worth about $53,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of Alphabet in the fourth quarter worth about $69,000. 40.03% of the stock is owned by institutional investors.

Alphabet Stock Performance

Shares of GOOGL opened at $396.94 on Tuesday. The stock has a 50 day moving average of $331.22 and a 200 day moving average of $318.52. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $162.00 and a 12 month high of $408.61. The company has a market capitalization of $4.81 trillion, a price-to-earnings ratio of 30.28, a PEG ratio of 1.70 and a beta of 1.26.

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. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. As a group, sell-side analysts forecast that Alphabet Inc. will post 14.29 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a dividend of $0.22 per share. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet's dividend payout ratio is presently 6.41%.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research analyst reports. Phillip Securities raised their target price on shares of Alphabet from $340.00 to $395.00 and gave the company a "moderate buy" rating in a research report on Wednesday, April 15th. DZ Bank reissued a "buy" rating on shares of Alphabet in a report on Monday, February 16th. Cantor Fitzgerald increased their target price on Alphabet from $395.00 to $465.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Jefferies Financial Group reissued a "buy" rating on shares of Alphabet in a research note on Monday, May 4th. Finally, Needham & Company LLC boosted their price target on Alphabet from $400.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Two investment 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 company. According to MarketBeat, Alphabet presently has a consensus rating of "Moderate Buy" and an average target price of $411.23.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Blackstone reportedly plan to launch a new AI cloud company, a move that could expand demand for Alphabet’s specialized chips and deepen its presence in enterprise AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Alphabet is heading into Google I/O with expectations for major AI announcements, and analysts are watching for updates on Gemini, agentic commerce, and in-house TPU chips that could strengthen its competitive position. Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street
• Positive Sentiment: Arete Research raised its price target on Alphabet to $425 from $405 and kept a buy rating, signaling continued upside confidence from analysts. Arete Research adjusts price target on Alphabet to $425 from $405
• Positive Sentiment: Multiple articles highlighted Alphabet’s strong momentum this year, with AI demand, cloud growth, and Berkshire Hathaway’s much larger stake helping validate the bullish case. Read More.
• Neutral Sentiment: Alphabet disclosed insider-share sales by a major shareholder, but the transactions appear routine and were reported through standard SEC filings. SEC filing
• Negative Sentiment: Alphabet also faces ongoing headline risk from its YouTube youth-safety settlement and broader scrutiny around AI and platform responsibility, though these issues look secondary to the company’s current AI-driven optimism. Alphabet’s $5 Trillion Milestone: How AI Ambitions Are Fueling Google’s Record Run

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of the firm's stock in a transaction on Friday, March 27th. The shares were 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 approximately $14,293,309.12. This trade represents a 14.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the transaction, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 257,931 shares of company stock valued at $36,886,538 in the last quarter. 11.61% 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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