Alphabet Inc. $GOOGL is Bell & Brown Wealth Advisors LLC's 2nd Largest Position

Key Points

• Bell & Brown Wealth Advisors LLC trimmed its Alphabet stake by 3.6% in the fourth quarter, but Alphabet remains its second-largest position, representing about 5.5% of the firm’s portfolio.
• Wall Street remains constructive on GOOGL, with analysts assigning an average “Moderate Buy” rating and a consensus price target of about $411.23, even as one firm recently downgraded the stock to hold.
• Alphabet posted a strong quarterly beat, reporting EPS of $5.11 versus expectations of $2.64 and revenue of $109.9 billion, while also raising its quarterly dividend to $0.22 per share.

Bell & Brown Wealth Advisors LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,992 shares of the information services provider's stock after selling 2,043 shares during the period. Alphabet comprises approximately 5.5% of Bell & Brown Wealth Advisors LLC's investment portfolio, making the stock its 2nd biggest position. Bell & Brown Wealth Advisors LLC's holdings in Alphabet were worth $17,212,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. PMV Capital Advisers LLC purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $38,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the third quarter valued at approximately $53,000. Kentucky Trust Co boosted its holdings in shares of Alphabet by 142.9% in the fourth 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 period. iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the third quarter valued at approximately $53,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Alphabet in the third quarter valued at approximately $63,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on GOOGL shares. KeyCorp set a $425.00 price target on Alphabet and gave the company an "overweight" rating in a report on Thursday, April 30th. DZ Bank reiterated a "buy" rating on shares of Alphabet in a report on Monday, February 16th. Phillip Securities boosted their price target on Alphabet from $340.00 to $395.00 and gave the company a "moderate buy" rating in a report on Wednesday, April 15th. Guggenheim reiterated a "buy" rating and issued a $450.00 price target (up from $375.00) on shares of Alphabet in a report on Thursday, April 30th. Finally, Freedom Capital lowered Alphabet from a "strong-buy" rating to a "hold" rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $411.23.

Alphabet Stock Performance

Shares of GOOGL stock opened at $396.94 on Tuesday. The business's fifty day simple moving average is $331.22 and its 200-day simple moving average is $318.52. The company has a market cap of $4.81 trillion, a PE ratio of 30.28, a PEG ratio of 1.70 and a beta of 1.26. 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 12-month low of $162.00 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - 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 $2.64 by $2.47. The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Analysts expect that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

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

Insider Activity

In other news, Director Frances Arnold sold 102 shares of the business's stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director directly owned 18,621 shares of the company's stock, valued at $6,908,391. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 8,993 shares of the business's stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the sale, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 257,931 shares of company stock valued at $36,886,538. 11.61% of the stock is owned by corporate insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Blackstone reportedly plan to launch a new AI cloud company, a move that could expand demand for Alphabet’s specialized chips and deepen its presence in enterprise AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Alphabet is heading into Google I/O with expectations for major AI announcements, and analysts are watching for updates on Gemini, agentic commerce, and in-house TPU chips that could strengthen its competitive position. Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street
• Positive Sentiment: Arete Research raised its price target on Alphabet to $425 from $405 and kept a buy rating, signaling continued upside confidence from analysts. Arete Research adjusts price target on Alphabet to $425 from $405
• Positive Sentiment: Multiple articles highlighted Alphabet’s strong momentum this year, with AI demand, cloud growth, and Berkshire Hathaway’s much larger stake helping validate the bullish case. Read More.
• Neutral Sentiment: Alphabet disclosed insider-share sales by a major shareholder, but the transactions appear routine and were reported through standard SEC filings. SEC filing
• Negative Sentiment: Alphabet also faces ongoing headline risk from its YouTube youth-safety settlement and broader scrutiny around AI and platform responsibility, though these issues look secondary to the company’s current AI-driven optimism. Alphabet’s $5 Trillion Milestone: How AI Ambitions Are Fueling Google’s Record Run

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.

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