Alphabet Inc. $GOOGL is RWQ Financial Management Services Inc.'s 4th Largest Position

Key Points

• RWQ Financial Management Services cut its Alphabet stake by 23.8% in the fourth quarter, but Alphabet still represented about 7.5% of the firm’s portfolio and remained its fourth-largest holding.
• Alphabet reported strong quarterly results, including EPS of $5.11 versus the $2.64 consensus estimate and revenue of $109.9 billion, while also raising its quarterly dividend from $0.21 to $0.22.
• Despite a slight stock dip, Wall Street remains largely bullish on Alphabet, with analysts maintaining a consensus “Moderate Buy” rating and an average price target of $412.65 amid ongoing AI-related optimism.

RWQ Financial Management Services Inc. lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 23.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,976 shares of the information services provider's stock after selling 16,264 shares during the quarter. Alphabet accounts for about 7.5% of RWQ Financial Management Services Inc.'s holdings, making the stock its 4th biggest holding. RWQ Financial Management Services Inc.'s holdings in Alphabet were worth $16,268,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of GOOGL. Berkshire Hathaway Inc purchased a new position in shares of Alphabet in the third quarter valued at approximately $4,338,397,000. Vanguard Group Inc. boosted its stake in shares of Alphabet by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock valued at $165,567,398,000 after purchasing an additional 12,531,695 shares during the period. Capital World Investors boosted its stake in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Capital Research Global Investors boosted its stake in shares of Alphabet by 15.7% in the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after purchasing an additional 6,874,381 shares during the period. Finally, Mizuho Markets Cayman LP boosted its stake in shares of Alphabet by 23,402.1% in the third quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after purchasing an additional 6,092,513 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet Stock Down 0.3%

Shares of Alphabet stock opened at $387.66 on Friday. Alphabet Inc. has a 52-week low of $162.00 and a 52-week high of $408.61. The company has a 50 day moving average of $336.26 and a 200 day moving average of $320.82. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.70 trillion, a P/E ratio of 29.57, a P/E/G ratio of 1.66 and a beta of 1.26.

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. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. As a group, research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 payout ratio is presently 6.41%.

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Kent Walker sold 8,993 shares of the firm'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 transaction of $2,481,078.77. Following the sale, the insider directly owned 51,808 shares in the company, valued at approximately $14,293,309.12. The trade was a 14.79% 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 over the last ninety days. 11.61% of the stock is currently owned by corporate insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google I/O announcements reinforced the company’s AI monetization story, with new ad formats, shopping tools, and Gemini-based products that could lift search and commerce revenue. Alphabet's new AI ad formats seen boosting conversions and spending
• Positive Sentiment: Several analysts reiterated bullish or supportive views on Alphabet after I/O, including price-target increases that point to more upside if AI rollout gains traction. Analyst rating updates on Alphabet
• Positive Sentiment: Google’s broader AI push remains a tailwind for Alphabet, with articles highlighting strong cloud/AI demand and growing usage across Gemini and AI Overviews. 4 Cloud Computing Stocks Benefiting From AI-Driven Demand
• Positive Sentiment: Alphabet continues to win favorable Wall Street coverage, including multiple buy ratings and raised targets, which can help support the stock near recent highs. Alphabet's Googlebook Brings Gemini AI to PC Hardware
• Neutral Sentiment: Alphabet’s quarterly dividend increase and continued strong earnings remain supportive, but these were already known catalysts rather than a fresh surprise for traders. Alphabet stock performance and company details
• Neutral Sentiment: There was also a routine insider sale by a director, which may get attention but does not by itself change the company’s long-term outlook. SEC filing
• Neutral Sentiment: Alphabet’s new AI search experience has sparked debate about the future of web traffic and search behavior, but this is more of a strategic overhang than an immediate earnings issue. Google is going to ruin the internet
• Negative Sentiment: Waymo suspended freeway robotaxi rides and paused Atlanta operations while it fixes software problems in construction zones and flooded roads, raising short-term safety and execution concerns for Alphabet’s self-driving unit. Waymo suspends freeway rides, pauses Atlanta operations amid safety fixes
• Negative Sentiment: Additional reports said Waymo paused service in multiple cities after robotaxis struggled in heavy rain and construction zones, reinforcing concerns about rollout reliability. Waymo halts freeway rides after robotaxis struggle in construction zones
• Negative Sentiment: Regulatory and public-safety scrutiny is also building around Google’s platforms, including EU complaints over financial scams and UK child-safety criticism on YouTube. Google, Meta, TikTok face EU consumer complaints about handling of financial scams

Wall Street Analyst Weigh In

Several research firms have recently commented on GOOGL. Moffett Nathanson raised their price objective on shares of Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alphabet in a research note on Tuesday, April 28th. CICC Research raised their price objective on shares of Alphabet from $388.00 to $407.91 and gave the company an "outperform" rating in a research note on Friday, May 1st. Robert W. Baird raised their price objective on shares of Alphabet from $380.00 to $400.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Finally, DA Davidson raised their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $412.65.

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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