Alphabet Inc. $GOOG Shares Acquired by Carmel Capital Partners LLC

Key Points

• Carmel Capital Partners increased its stake in Alphabet by 27.3% in Q4 to 18,816 shares (added 4,034 shares), worth $5.905 million and representing 2.1% of its portfolio (its 15th largest holding).
• Alphabet posted a strong Q1 beat — EPS $5.11 vs. $2.68 and revenue $109.9B with ~63% Cloud growth — and analyst upgrades alongside a major commercial win (Anthropic's reported ~$200 billion multi‑year commitment) have boosted bullish sentiment.
• The company raised its quarterly dividend to $0.22 (0.2% yield), but insiders have sold shares (158,553 shares worth ~$47.95M in the last 90 days) and regulatory/legal risks in the EU plus some institutional trimming present potential headwinds.

Carmel Capital Partners LLC grew its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 27.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,816 shares of the information services provider's stock after buying an additional 4,034 shares during the period. Alphabet accounts for 2.1% of Carmel Capital Partners LLC's investment portfolio, making the stock its 15th largest holding. Carmel Capital Partners LLC's holdings in Alphabet were worth $5,905,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Cornerstone National Bank & Trust Co boosted its holdings in shares of Alphabet by 13.9% in the 4th quarter. Cornerstone National Bank & Trust Co now owns 410 shares of the information services provider's stock valued at $129,000 after buying an additional 50 shares in the last quarter. Elevated Financial Group LLC acquired a new position in shares of Alphabet in the 4th quarter valued at $360,000. Facet Wealth Inc. boosted its holdings in shares of Alphabet by 104.9% in the 4th quarter. Facet Wealth Inc. now owns 17,646 shares of the information services provider's stock valued at $5,934,000 after buying an additional 9,032 shares in the last quarter. Axecap Investments LLC boosted its holdings in shares of Alphabet by 5.5% in the 4th quarter. Axecap Investments LLC now owns 25,434 shares of the information services provider's stock valued at $7,981,000 after buying an additional 1,333 shares in the last quarter. Finally, Viewpoint Investment Partners Corp boosted its holdings in shares of Alphabet by 17.3% in the 4th quarter. Viewpoint Investment Partners Corp now owns 2,345 shares of the information services provider's stock valued at $736,000 after buying an additional 345 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge commercial win: Anthropic has committed roughly $200 billion to use Google Cloud and chips over multiple years, locking in large revenue/backlog assumptions that materially de‑risk Cloud growth and future margin expansion. Anthropic commits to spending $200 billion on Google's cloud and chips
• Positive Sentiment: Analyst bullishness: Mizuho and other shops have lifted forecasts/targets after Q1, citing underestimated Google Cloud and TPU/chip contributions — supporting further upside and helping push sentiment to record highs. Google Stock Nudges Up as Mizuho Elevates Alphabet’s Forecast
• Positive Sentiment: Q1 momentum and Cloud backlog: Strong Q1 results (large EPS beat, ~63% Cloud growth and a rapidly expanding Cloud backlog) continue to validate the AI/cloud revenue thesis and investor rotation into GOOG. Alphabet's $460B AI Lock-In
• Neutral Sentiment: Product & research moves: DeepMind took a minority stake in the studio behind EVE Online to train models in complex simulated environments, and Google is developing a personal AI agent (“Remy”) and new AI search features — these support long‑term AI capability gains but are incremental near‑term revenue drivers. Google DeepMind Will Train AI Models on the MMORPG Eve Online
• Negative Sentiment: Institutional trimming: Large funds disclosed meaningful reductions in GOOG holdings (e.g., CalPERS and Deutsche Bank filings show multi‑percent position cuts), which can add supply pressure and headline volatility. Fund Update: CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Just Disclosed New Holdings
• Negative Sentiment: Regulatory & legal risk: Google is negotiating changes in EU news search to avoid additional multibillion‑euro fines, but the liability remains unresolved — a material tail risk if regulators press further. Google moves to avert EU fines with offer in news search case, Bloomberg News reports
• Negative Sentiment: Employee / reputational friction: Classified DoD AI work and DeepMind unionization/employee protests over defense contracts create potential operational and PR headaches that could weigh on sentiment for some investors. Google DeepMind employees vote to unionize over AI military deals

Alphabet Stock Up 2.9%

Shares of Alphabet stock opened at $395.50 on Thursday. The company has a market cap of $4.78 trillion, a P/E ratio of 30.17, a PEG ratio of 1.60 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a one year low of $149.49 and a one year high of $396.38. The firm has a fifty day moving average of $315.50 and a two-hundred day moving average of $310.59.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.81 EPS. On average, analysts forecast that Alphabet Inc. will post 14 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders 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 yield of 0.2%. The ex-dividend date is Monday, June 8th. This is an increase from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is currently 6.41%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GOOG. Royal Bank Of Canada reiterated an "outperform" rating and set a $375.00 price target on shares of Alphabet in a research note on Thursday, January 15th. Phillip Securities cut shares of Alphabet from a "strong-buy" rating to a "moderate buy" rating in a research note on Wednesday, April 15th. Pivotal Research reiterated a "buy" rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Finally, Freedom Capital cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research note on Monday. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Alphabet presently has a consensus rating of "Buy" and a consensus price target of $362.73.

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 158,553 shares of company stock worth $47,951,856 in the last 90 days. Corporate insiders own 12.99% of the company's stock.

Alphabet Profile

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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