Momentum Wealth Planning LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 95.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,529 shares of the information services provider's stock after buying an additional 10,014 shares during the period. Alphabet accounts for about 5.0% of Momentum Wealth Planning LLC's investment portfolio, making the stock its 5th biggest holding. Momentum Wealth Planning LLC's holdings in Alphabet were worth $6,442,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of GOOG. JPMorgan Chase & Co. lifted its holdings in Alphabet by 8.6% during 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 buying an additional 7,904,434 shares during the period. Danske Bank A S purchased a new stake in Alphabet during the third quarter worth $678,198,000. Holocene Advisors LP purchased a new stake in Alphabet during the second quarter worth $455,745,000. Alliancebernstein L.P. lifted its holdings in 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 buying an additional 2,209,203 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in Alphabet by 208.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,130,681 shares of the information services provider's stock worth $273,026,000 after buying an additional 2,177,855 shares during the period. Hedge funds and other institutional investors own 27.26% of the company's stock.
Alphabet Stock Performance
Shares of GOOG stock opened at $383.22 on Friday. The business's fifty day simple moving average is $312.44 and its 200-day simple moving average is $307.77. The company has a market cap of $4.64 trillion, a PE ratio of 29.23, a PEG ratio of 2.35 and a beta of 1.13. The company has a current ratio of 1.92, a quick ratio of 2.01 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $149.49 and a 12-month high of $383.39.
Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (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 the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business's quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.81 earnings per share. Analysts expect that Alphabet Inc. will post 11.62 earnings per share for the current fiscal year.
Alphabet Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is currently 6.71%.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Record Q1 fundamentals — Alphabet beat estimates (EPS $5.11 vs. $2.64 consensus) and reported $109.9B revenue; Google Cloud grew ~63% to ~ $20B with a very large backlog, which underpins multi-year revenue visibility and explains the rally. Alphabet Q1 2026 Earnings Call Highlights
- Positive Sentiment: Wall Street is upgrading targets — multiple firms (JPMorgan, TD Cowen, Scotiabank, Raymond James, Piper Sandler and others) raised price targets and reiterated buys after the quarter, signaling analyst conviction that AI/cloud growth justifies higher valuation. Coverage: Recent price-target raises
- Positive Sentiment: Strategic wins and ecosystem advantages — articles argue Alphabet’s “compute” advantage (TPUs, datacenter scale, full‑stack Gemini integrations) gives it a structural edge versus rivals and supports both ad/product monetization and enterprise AI demand. Compute is destiny. Google just proved it.
- Neutral Sentiment: Government and enterprise demand — the U.S. Pentagon and other large customers have agreements with leading AI providers including Google, validating long-term cloud/AI revenue channels but timing and contract sizes vary. This supports durable demand but is not an immediate revenue kicker. Pentagon reaches agreements with leading AI companies
- Negative Sentiment: CapEx intensity and cash flow tradeoff — management signaled very large AI-related capital spending (2026 capex ~ $185–190B and “significantly higher” expected in 2027). That funds growth but will pressure free cash flow and raises execution/ROI scrutiny. Alphabet ups 2026 capex to as much as $190 billion
- Negative Sentiment: Rising cost concerns and regulatory risks — commentary highlights the growing capital and operating cost of AI (potential margin/cashflow headwinds), and regulators in Europe are probing Google’s AI/search features — both are watch‑items for investors. Google Stock Growth Collides With The Rising Cost Of AI Italy asks EU to investigate Google AI search tools
Insider Transactions at Alphabet
In related news, CAO Amie Thuener O'toole sold 955 shares of the company's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at $2,955,564. This represents a 8.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total value of $10,893,350.00. Following the completion of 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. Insiders sold 191,986 shares of company stock valued at $59,159,207 in the last quarter. Insiders own 12.99% of the company's stock.
Analyst Upgrades and Downgrades
GOOG has been the subject of a number of analyst reports. TD Cowen upped their target price on Alphabet from $375.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Phillip Securities downgraded Alphabet from a "strong-buy" rating to a "moderate buy" rating in a research report on Wednesday, April 15th. Piper Sandler reaffirmed an "overweight" rating and set a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Needham & Company LLC set a $400.00 price target on Alphabet and gave the stock a "buy" rating in a research report on Friday, March 13th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $362.73.
Check Out Our Latest Analysis on GOOG
Alphabet Profile
(
Free Report)
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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