Alphabet Inc. $GOOG Shares Acquired by May Hill Capital LLC

Key Points

• May Hill Capital LLC more than doubled its Alphabet stake in the fourth quarter, buying 9,150 additional shares and bringing its total to 17,678 shares worth about $5.55 million.
• Alphabet posted strong quarterly results, with earnings per share of $5.11 versus estimates of $2.68 and revenue of $109.9 billion, up 21.8% year over year.
• Analysts remain largely bullish on GOOG, with a consensus “Buy” rating and an average price target of $372.65, though the stock also faces ongoing regulatory and antitrust concerns.

May Hill Capital LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 107.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,678 shares of the information services provider's stock after buying an additional 9,150 shares during the quarter. Alphabet makes up approximately 0.7% of May Hill Capital LLC's portfolio, making the stock its 26th biggest position. May Hill Capital LLC's holdings in Alphabet were worth $5,547,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in GOOG. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet during the fourth quarter worth approximately $38,000. Imprint Wealth LLC purchased a new stake in Alphabet during the third quarter worth approximately $31,000. Towne Trust Company N.A lifted its stake in Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares during the last quarter. Creative Capital Management Investments LLC lifted its stake in Alphabet by 1,438.5% during the fourth quarter. Creative Capital Management Investments LLC now owns 200 shares of the information services provider's stock worth $63,000 after purchasing an additional 187 shares during the last quarter. Finally, Optima Capital LLC purchased a new stake in Alphabet during the fourth quarter worth approximately $79,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the business's stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the sale, the director owned 2,531 shares of the company's stock, valued at approximately $995,341.06. This represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 226,481 shares of company stock valued at $27,422,061 in the last 90 days. Company insiders own 12.99% of the company's stock.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $379.38 on Tuesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $163.33 and a twelve month high of $404.47. The stock has a 50 day moving average of $337.06 and a two-hundred day moving average of $321.78. The stock has a market cap of $4.60 trillion, a P/E ratio of 28.94, a P/E/G ratio of 1.62 and a beta of 1.25.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion during the quarter, compared to analysts' expectations of $106.96 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The firm's revenue for the quarter was up 21.8% on a year-over-year basis. On average, research analysts forecast that Alphabet Inc. will post 14.29 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 paid a $0.22 dividend. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is presently 6.41%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet highlighted new AI-powered ad formats at Google Marketing Live, including Gemini-linked tools that could improve ad targeting, conversion rates, and monetization across search and shopping. Google rolls out AI-powered ad formats at Marketing Live
• Positive Sentiment: Investors are also focusing on Google I/O takeaways that suggest stronger Gemini adoption and broader AI product momentum, which could help Alphabet defend its search and cloud businesses. Google I/O Key Takeaways: Gemini's Growth, Smart Glasses & Ties to Space Economy
• Positive Sentiment: Several analyst-style articles argued that Alphabet’s AI ecosystem, cloud growth, and expanding Gemini usage make the stock look stronger over the long term. Google Made a Bigger AI Push with Gemini Spark. Alphabet (GOOG) Looks Stronger for It
• Neutral Sentiment: Commentary from investors and stock screeners continued to describe Alphabet as a high-quality growth name, but these pieces are more opinion-based than company-specific catalysts. ‘The Path Is Clear,’ Says Investor About Alphabet Stock
• Neutral Sentiment: Some media reports noted concerns from publishers that Google’s AI-driven search changes could reduce referral traffic, which is a longer-term industry risk rather than an immediate earnings issue. Google Search AI Overhaul Leaves Publishers Bracing For ‘Google Zero’
• Negative Sentiment: The EU fine report is the clearest negative catalyst: a large penalty would add to regulatory uncertainty and reinforce concerns that Alphabet’s search dominance is under pressure in Europe. EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports
• Negative Sentiment: Google’s appeal of the U.S. search monopoly ruling keeps antitrust risks front and center for investors. Google Appeals Court Decision on Search Monopoly
• Negative Sentiment: Reports that Stanley Druckenmiller dumped Alphabet may also weigh on sentiment, though this is more a signaling factor than a fundamental change. Billionaire Stanley Druckenmiller Just Dumped Alphabet (Google) and Picked Up 2 Stocks That Are Direct Bets on Agentic AI

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wells Fargo & Company upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 23rd. Piper Sandler restated an "overweight" rating and set a $395.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Pivotal Research restated a "buy" rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Oppenheimer boosted their target price on Alphabet from $425.00 to $445.00 and gave the stock an "outperform" rating in a research note on Friday, May 15th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Monday, April 20th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $372.65.

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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