Adelphi Trust Co Invests $3.06 Million in Alphabet Inc. $GOOG

Key Points

• Adelphi Trust Co initiated a new position in Alphabet, buying 9,757 shares worth about $3.06 million, which makes up roughly 2.5% of its portfolio and is its 9th largest holding.
• Alphabet beat Q4 expectations with $2.82 EPS vs. $2.59 est. and $113.83B revenue (up 18% YoY); the stock trades at a roughly $4.09 trillion market cap, P/E of 31.24 and a 0.2% dividend yield.
• Analysts are largely bullish (consensus "Buy", $347.16 target) and AI/cloud catalysts (new TPUs, multi‑billion deals) support upside, but recent insider selling and potential EU regulatory pressure pose near‑term risks.

Adelphi Trust Co bought a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 9,757 shares of the information services provider's stock, valued at approximately $3,062,000. Alphabet makes up approximately 2.5% of Adelphi Trust Co's investment portfolio, making the stock its 9th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in GOOG. JPMorgan Chase & Co. boosted its stake in Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after purchasing an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Alphabet by 5.8% during the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Alphabet by 0.7% in the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock valued at $7,935,671,000 after buying an additional 223,743 shares in the last quarter. Capital World Investors raised its holdings in shares of Alphabet by 1.9% in the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider's stock valued at $6,971,769,000 after buying an additional 539,679 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Alphabet by 3.6% in the third quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock valued at $5,243,960,000 after buying an additional 756,602 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Alphabet Price Performance

Alphabet stock opened at $337.75 on Friday. The business's 50-day simple moving average is $307.53 and its 200 day simple moving average is $303.99. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market cap of $4.09 trillion, a price-to-earnings ratio of 31.24, a P/E/G ratio of 2.08 and a beta of 1.13. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $350.15.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company's quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.15 EPS. As a group, research analysts anticipate that Alphabet Inc. will post 11.57 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet's dividend payout ratio is currently 7.77%.

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the transaction, the director directly owned 4,631 shares in the company, valued at $1,405,091.71. This trade represents a 18.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 2,037,294 shares of company stock valued at $94,216,897. 12.99% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GOOG. TD Cowen reissued a "buy" rating and set a $375.00 price objective (up from $365.00) on shares of Alphabet in a report on Thursday, April 16th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Alphabet in a research note on Tuesday, January 20th. Canaccord Genuity Group upped their target price on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 7th. Phillip Securities cut shares of Alphabet from a "strong-buy" rating to a "moderate buy" rating in a research note on Wednesday, April 15th. Finally, Wells Fargo & Company raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Eight investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of "Buy" and a consensus target price of $347.16.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled 8th‑gen TPUs (separate training and inference chips) designed to cut AI costs and compete with Nvidia — a clear catalyst for higher cloud margins and faster AI deployments. Google Cloud launches two new AI chips to compete with Nvidia
• Positive Sentiment: Street bullishness: BMO raised its price target and called Alphabet “the best way to own AI,” while Bank of America reiterated a Buy and expects a modest Q1 beat — analyst support lifts sentiment into earnings. BMO raises Alphabet's target Bank of America reiterates Buy ahead of Q1
• Positive Sentiment: Multi‑billion enterprise deals and partnerships (Thinking Machines Lab, Merck, Capgemini, Ulta) signal meaningful Google Cloud/Gemini revenue paths and long‑term adoption of agentic AI in enterprise accounts. Thinking Machines multi‑billion deal Merck partners with Google Cloud
• Positive Sentiment: Product and platform pushes (Gemini agent platform, Workspace AI, Chrome AI integrations) make monetization of agentic AI more credible across ads, cloud and enterprise SaaS. Google updates Workspace
• Neutral Sentiment: Long‑term institutional backing — Buffett’s Berkshire added Alphabet in 2025 and that holding has appreciated — reinforces conviction but has limited immediate price impact versus near‑term earnings/AI execution. Warren Buffett’s investment in Alphabet
• Negative Sentiment: EU regulators are preparing to press Google to open Android to rival AI assistants, creating potential distribution and competitive risks for Gemini/Android integration in Europe. EU pressure to give AI rivals Android access
• Negative Sentiment: Insider selling and some fund stake trims have been reported recently, which can weigh on near‑term price psychology even as management and institutions continue to hold large positions. Alphabet trading down after insider selling Fund trims Alphabet stake

About Alphabet

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.

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