Alphabet Inc. $GOOGL Shares Acquired by CM Wealth Advisors LLC

Key Points

• CM Wealth Advisors LLC raised its Alphabet stake by 58.5% in Q4 to 18,422 shares valued at about $5.77 million, representing 1.3% of its portfolio and its 15th largest holding.
• Alphabet beat Q1 expectations with EPS of $5.11 (vs. $2.64 est.) and $109.9 billion in revenue, fueled by ~63% Google Cloud growth, prompting multiple brokerages to lift price targets (average target ≈ $397.48).
• Alphabet bumped its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield), while insiders have sold roughly 191,986 shares in the past three months, including notable sales by John Kent Walker and CEO Sundar Pichai.

CM Wealth Advisors LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 58.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,422 shares of the information services provider's stock after purchasing an additional 6,797 shares during the quarter. Alphabet makes up 1.3% of CM Wealth Advisors LLC's investment portfolio, making the stock its 15th largest position. CM Wealth Advisors LLC's holdings in Alphabet were worth $5,766,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet in the 4th quarter valued at $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at $53,000. Kentucky Trust Co raised its holdings in shares of Alphabet by 142.9% in 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 in the last quarter. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet in the 3rd quarter valued at $53,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet in the 3rd quarter valued at $63,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Performance

NASDAQ GOOGL opened at $385.69 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 2.01. Alphabet Inc. has a 1 year low of $147.84 and a 1 year high of $386.76. The company has a market capitalization of $4.67 trillion, a PE ratio of 29.42, a P/E/G ratio of 2.37 and a beta of 1.26. The company has a fifty day moving average of $313.72 and a two-hundred day moving average of $307.81.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. As a group, analysts expect that Alphabet Inc. will post 11.62 earnings per share for the current year.

Alphabet Increases Dividend

The firm 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 a boost 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 7.77%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GOOGL. DZ Bank restated a "buy" rating on shares of Alphabet in a report on Monday, February 16th. President Capital boosted their price target on shares of Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Alphabet in a research note on Tuesday. CICC Research upped 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. Finally, HSBC upped their price objective on shares of Alphabet from $385.00 to $435.00 and gave the company a "buy" rating in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $397.48.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the transaction, the chief executive officer owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 191,986 shares of company stock valued at $59,159,207. Company insiders own 11.64% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

About Alphabet

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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