Alphabet Inc. $GOOG Holdings Lessened by Oxbow Advisors LLC

Key Points

• Oxbow Advisors LLC cut its Alphabet stake by 4.4% in the fourth quarter, selling 6,017 shares and leaving it with 129,577 shares worth about $40.7 million.
• Despite that trim, several other large investors increased their Alphabet holdings, and about 27.26% of the stock is now owned by hedge funds and other institutional investors.
• Alphabet remains well supported by Wall Street and recent fundamentals, with analysts mostly rating it a Buy, a strong earnings beat last quarter, and a recently increased quarterly dividend to $0.22 per share.

Oxbow Advisors LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,577 shares of the information services provider's stock after selling 6,017 shares during the quarter. Alphabet accounts for approximately 3.6% of Oxbow Advisors LLC's holdings, making the stock its 4th biggest holding. Oxbow Advisors LLC's holdings in Alphabet were worth $40,661,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Alphabet by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock valued at $132,114,125,000 after buying an additional 8,128,234 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after buying an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock valued at $9,749,864,000 after buying an additional 2,209,203 shares in the last quarter. Legal & General Group Plc boosted its stake in Alphabet by 0.7% during the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock worth $7,935,671,000 after buying an additional 223,743 shares during the period. Finally, Capital World Investors boosted its stake in Alphabet by 1.9% during the third quarter. Capital World Investors now owns 28,625,464 shares of the information services provider's stock worth $6,971,769,000 after buying an additional 539,679 shares during the period. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Piper Sandler reaffirmed an "overweight" rating and set a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $370.00 price objective on shares of Alphabet in a research note on Tuesday, January 20th. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. Phillip Securities lowered shares of Alphabet from a "strong-buy" rating to a "moderate buy" rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Alphabet from $395.00 to $460.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $363.40.

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 Stock Performance

Alphabet stock opened at $393.11 on Tuesday. 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 Inc. has a 1-year low of $163.33 and a 1-year high of $404.47. The firm has a market capitalization of $4.76 trillion, a P/E ratio of 29.99, a price-to-earnings-growth ratio of 1.68 and a beta of 1.25. The company's 50-day moving average is $329.28 and its 200 day moving average is $318.18.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company's quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the company posted $2.81 earnings per share. Research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

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

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction that occurred 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 in the company, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 257,931 shares of company stock valued at $36,886,538. 12.99% of the stock is owned by corporate insiders.

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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