Alphabet Inc. $GOOGL Holdings Increased by World Investment Advisors

Key Points

• World Investment Advisors increased its Alphabet stake by 9.2% in the fourth quarter, buying 23,107 additional shares and bringing its total position to 274,761 shares valued at about $78.9 million.
• Institutional ownership remains strong, with about 40.03% of Alphabet shares held by hedge funds and other institutions, while several other investors also opened or expanded positions during the period.
• Analysts remain broadly bullish on GOOGL, with multiple firms lifting price targets and the stock carrying a consensus “Moderate Buy” rating and average target of $412.94.

World Investment Advisors raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 274,761 shares of the information services provider's stock after purchasing an additional 23,107 shares during the period. Alphabet makes up about 1.3% of World Investment Advisors' investment portfolio, making the stock its 8th largest holding. World Investment Advisors' holdings in Alphabet were worth $78,875,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new stake in Alphabet during the 4th quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Alphabet during the 3rd quarter valued at $53,000. Kentucky Trust Co boosted its stake in Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after purchasing an additional 100 shares during the last quarter. iSAM Funds UK Ltd purchased a new stake in Alphabet during the 3rd quarter valued at $53,000. Finally, Sellwood Investment Partners LLC purchased a new stake in Alphabet during the 3rd quarter valued at $63,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the transaction, the director directly owned 2,531 shares of the company's stock, valued at approximately $995,341.06. This trade represents a 29.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 226,369 shares of company stock worth $27,388,127 in the last quarter. Company insiders own 11.61% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here's One Thing To Know.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GOOGL. The Goldman Sachs Group increased their price target on Alphabet from $400.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Citizens Jmp reissued a "market outperform" rating and set a $515.00 price target on shares of Alphabet in a report on Wednesday, May 20th. Guggenheim reissued a "buy" rating and set a $450.00 price target (up from $375.00) on shares of Alphabet in a report on Thursday, April 30th. Evercore increased their price target on Alphabet from $400.00 to $420.00 and gave the company an "outperform" rating in a report on Thursday, April 30th. Finally, CICC Research increased their price target on Alphabet from $388.00 to $407.91 and gave the company an "outperform" rating in a report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and a consensus price target of $412.94.

Alphabet Price Performance

Shares of Alphabet stock opened at $380.34 on Monday. Alphabet Inc. has a one year low of $162.00 and a one year high of $408.61. The stock's fifty day moving average is $345.77 and its 200 day moving average is $325.15. The stock has a market cap of $4.61 trillion, a P/E ratio of 29.01, a P/E/G ratio of 1.63 and a beta of 1.23. 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 (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Sell-side analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current year.

Alphabet Increases Dividend

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

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.