Alphabet Inc. $GOOG is Talbot Financial LLC's 3rd Largest Position

Key Points

• Talbot Financial LLC trimmed its stake in Alphabet by 2.0% in Q4 and now holds 212,648 shares valued at $66.73M, representing about 5.5% of its portfolio and the firm's third‑largest position.
• Alphabet beat quarterly estimates (EPS $2.82 vs. $2.59; revenue $113.83B, +18% y/y) and retains mostly bullish analyst coverage (consensus "Buy," $345.71 target), though insiders sold roughly 2.07M shares last quarter, including CEO Sundar Pichai.

Talbot Financial LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,648 shares of the information services provider's stock after selling 4,418 shares during the period. Alphabet comprises approximately 5.5% of Talbot Financial LLC's portfolio, making the stock its 3rd biggest holding. Talbot Financial LLC's holdings in Alphabet were worth $66,729,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of 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 acquiring an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. raised 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 acquiring an additional 2,209,203 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of 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 acquiring an additional 223,743 shares in the last quarter. Capital World Investors raised its holdings in shares of 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 acquiring an additional 539,679 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Alphabet by 3.6% during the third quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock worth $5,243,960,000 after acquiring an additional 756,602 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: YouTube is raising U.S. subscription prices while the subscriber base tops ~125M, supporting higher ARPU and recurring revenue for Alphabet. Article Title
• Positive Sentiment: Google and Intel expanded a multi-year AI infrastructure partnership, reducing execution risk for Google Cloud’s AI capacity buildout and lowering costs for large model workloads. Article Title
• Positive Sentiment: Top analysts and boutiques reinstated bullish views and flagged upside (one analyst sees 30%+ upside), reinforcing momentum narratives around Cloud and AI monetization. Article Title
• Positive Sentiment: Longer-term optionality — fractional exposure to a potential SpaceX IPO value and sustained Google Cloud growth — remains a tailwind for longer-horizon investors. Article Title
• Neutral Sentiment: Alphabet’s board approved new long-term equity awards to executives — standard for tech firms but could be viewed as modest dilution; monitor details when full filings are available. Article Title
• Neutral Sentiment: ETF news (Roundhill GOOGL WeeklyPay distribution) and various market write-ups keep Alphabet in focus but are unlikely to move the stock materially on their own. Article Title
• Negative Sentiment: Short interest jumped in March to ~44.0M shares (+26.8% vs. mid‑March), representing roughly 0.4% of float and a short‑interest ratio near 1.9 days — rising short activity can amplify downside on negative headlines. (Market data)
• Negative Sentiment: Regulatory/legal friction: Indonesia issued a reprimand over YouTube compliance and a California bill would add costs/constraints for Waymo’s robotaxi operations — both increase near‑term policy risk for ad and autonomous-vehicle initiatives. Article Title Article Title
• Negative Sentiment: Some institutional trimming (reported stake reductions) and notes flagging stretched valuation/multiple compression risk could pressure the shares despite solid fundamentals. Article Title Article Title

Analyst Upgrades and Downgrades

GOOG has been the subject of several recent research reports. Needham & Company LLC set a $400.00 price objective on Alphabet and gave the stock a "buy" rating in a report on Friday, March 13th. DZ Bank upgraded Alphabet to a "strong-buy" rating in a report on Monday, February 16th. KeyCorp set a $370.00 target price on Alphabet in a report on Thursday, February 5th. Sanford C. Bernstein restated a "market perform" rating and set a $345.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on Alphabet from $385.00 to $395.00 and gave the company an "overweight" rating in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $345.71.

Alphabet Price Performance

NASDAQ GOOG opened at $315.73 on Monday. Alphabet Inc. has a fifty-two week low of $148.40 and a fifty-two week high of $350.15. The stock's 50-day moving average is $306.32 and its two-hundred day moving average is $299.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market cap of $3.82 trillion, a P/E ratio of 29.21, a price-to-earnings-growth ratio of 1.95 and a beta of 1.13.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm's revenue was up 18.0% compared to the same quarter last year. During the same period last year, the business posted $2.15 earnings per share. On average, analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares of the company's stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,069,344 shares of company stock valued at $104,708,426 in the last quarter. Insiders own 12.99% of the company's stock.

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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