Boyum Wealth Architects LLC Increases Position in Alphabet Inc. $GOOGL

Key Points

• Boyum Wealth Architects LLC increased its stake in Alphabet by 143.2% in Q4, owning 2,755 shares worth about $903,000 at period end.
• Alphabet reported a strong Q1 beat (EPS $5.11 vs. $2.64) with Google Cloud up ~63% to over $20B, spurring multiple analyst price-target upgrades and a raised quarterly dividend to $0.22.
• Offsetting positives, Alphabet flagged materially higher CapEx through 2027 and faces rising European regulatory probes that could lead to fines or product constraints, though government/enterprise AI demand remains a tailwind.

Boyum Wealth Architects LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 143.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,755 shares of the information services provider's stock after buying an additional 1,622 shares during the period. Boyum Wealth Architects LLC's holdings in Alphabet were worth $903,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. PMV Capital Advisers LLC purchased a new position in shares of Alphabet in the 4th quarter worth approximately $38,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. Kentucky Trust Co boosted its stake 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 worth $53,000 after buying an additional 100 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Alphabet in the 3rd quarter worth approximately $53,000. Finally, Sellwood Investment Partners LLC purchased a new position in shares of Alphabet in the 3rd quarter worth approximately $63,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Headlines Impacting Alphabet

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

Alphabet Price Performance

Alphabet stock opened at $385.69 on Friday. The business's 50 day simple moving average is $313.72 and its 200 day simple moving average is $308.26. The company has a current ratio of 1.92, a quick ratio of 2.01 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $147.84 and a 12 month high of $386.76. The company has a market cap of $4.67 trillion, a price-to-earnings ratio of 29.42, a PEG ratio of 2.37 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating 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 business had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Sell-side analysts forecast that Alphabet Inc. will post 12.94 EPS for the current year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders 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 yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is presently 6.41%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the business's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 191,986 shares of company stock worth $59,159,207. Company insiders own 11.64% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. CICC Research upped their price objective on Alphabet from $388.00 to $407.91 and gave the company an "outperform" rating in a research note on Friday. Arete Research upped their price objective on Alphabet from $380.00 to $405.00 and gave the company a "buy" rating in a research note on Wednesday, February 11th. Stifel Nicolaus set a $420.00 price objective on Alphabet and gave the company a "buy" rating in a research note on Thursday. Needham & Company LLC upped their price objective on Alphabet from $400.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Loop Capital upped their price objective on Alphabet from $320.00 to $355.00 and gave the company a "buy" rating in a research note on Monday, February 23rd. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $397.48.

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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