Adelphi Trust Co Invests $4.62 Million in Alphabet Inc. $GOOGL

Key Points

• Adelphi Trust Co acquired 14,750 shares of Alphabet (≈$4.62M) in Q4, making GOOGL about 3.8% of its portfolio and its seventh-largest holding.
• Alphabet’s Q1 beat — the company reported $5.11 EPS and $109.9B in revenue, with Google Cloud growing ~63% to over $20B, a key driver of recent stock momentum.
• Widespread institutional and analyst support — large funds (including Berkshire and Capital World Investors) increased stakes, and analysts hold a "Moderate Buy" consensus with an average target around $369.67.

Adelphi Trust Co acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,750 shares of the information services provider's stock, valued at approximately $4,617,000. Alphabet comprises about 3.8% of Adelphi Trust Co's portfolio, making the stock its 7th biggest position.

Several other large investors also recently added to or reduced their stakes in the stock. Berkshire Hathaway Inc purchased a new stake in shares of Alphabet in the third quarter valued at approximately $4,338,397,000. Capital World Investors boosted its holdings in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Capital Research Global Investors boosted its holdings in shares of Alphabet by 15.7% in the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after purchasing an additional 6,874,381 shares during the period. Mizuho Markets Cayman LP boosted its holdings in shares of Alphabet by 23,402.1% in the third quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after purchasing an additional 6,092,513 shares during the period. Finally, Coatue Management LLC boosted its holdings in shares of Alphabet by 259.1% in the third quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider's stock valued at $1,755,453,000 after purchasing an additional 5,210,434 shares during the period. 40.03% of the stock is owned by institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings beat and strong top-line — Alphabet reported $5.11 EPS vs. consensus ~ $2.62 and revenue ~ $109.9B, topping estimates; investors treated the print as confirmation that heavy AI/cloud spending is translating to growth. Read More.
• Positive Sentiment: Google Cloud acceleration — Cloud revenue grew ~63% and surpassed $20B, signaling strong enterprise AI demand that materially boosted the quarter. This is a primary driver of the stock strength. Read More.
• Positive Sentiment: Subscription and YouTube momentum — Alphabet added ~25M paid subscriptions (now ~350M) and YouTube ad revenue rose ~11%, showing diversified, recurring revenue beyond search ads. Read More.
• Positive Sentiment: New monetization paths in AI — Management signaled openness to placing ads in Gemini/AI Mode and is enabling commerce inside AI apps via partners (e.g., Stripe), which creates additional long-term ad and transactions revenue streams. Read More. Read More.
• Neutral Sentiment: Defense contracts could open new TAM — Alphabet signed classified-access arrangements with the U.S. DoD for Gemini models, creating a potential high-margin revenue stream but also raising ethical/backlash considerations. Investors view this as revenue-positive but reputationally mixed. Read More.
• Neutral Sentiment: Analyst updates lift expectations — Some firms nudged FY estimates higher after the results, supporting the near-term bull case but also reflecting momentum already priced into the stock. Read More.
• Negative Sentiment: Cloud capacity constraints — Management flagged capacity limits that may have constrained Cloud growth this quarter, raising questions about how quickly Alphabet can scale without heavy incremental capex or allocation trade-offs. That introduces near-term growth/ margin uncertainty. Read More.
• Negative Sentiment: Governance, employee and regulatory risk — Shareholder groups and employees pushed for more safeguards over cloud/AI use (and Alphabet expanded Pentagon access), and EU/Australian policy moves could increase compliance costs or limit certain revenue channels. These are top-down risks that can weigh multiple quarters out. Read More. Read More.

Analysts Set New Price Targets

A number of analysts recently issued reports on GOOGL shares. Truist Financial set a $385.00 price target on Alphabet in a report on Thursday, February 5th. DZ Bank reiterated a "buy" rating on shares of Alphabet in a report on Monday, February 16th. Raymond James Financial upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. Evercore reiterated an "outperform" rating and issued a $400.00 price target (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Moffett Nathanson boosted their price target on Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $369.67.

Alphabet Stock Up 0.0%

Alphabet stock opened at $349.94 on Thursday. The business has a fifty day moving average of $312.08 and a two-hundred day moving average of $307.27. 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 firm has a market cap of $4.23 trillion, a P/E ratio of 32.37, a P/E/G ratio of 2.17 and a beta of 1.12. Alphabet Inc. has a twelve month low of $147.84 and a twelve month high of $355.79.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share 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 analyst estimates of $106.59 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, analysts forecast that Alphabet Inc. will post 11.53 earnings per share for the current fiscal year.

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director directly owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. The trade was a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,037,192 shares of company stock valued at $94,182,217. Corporate insiders own 11.55% of the company's stock.

About Alphabet

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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