Bradley Foster & Sargent Inc. CT Has $283.06 Million Holdings in Alphabet Inc. $GOOGL

Key Points

• Bradley Foster & Sargent reduced its Alphabet stake by 4.8% in the first quarter, selling 49,507 shares. It still held 984,334 shares valued at approximately $283.1 million, representing 4.4% of its portfolio.
• Alphabet reported a strong quarter, with revenue of $119.8 billion versus a $117.1 billion consensus estimate and EPS of $9.11 versus $2.89 expected. Analysts remain bullish, with a consensus “Buy” rating and an average price target of $419.86.
• AI, Google Cloud and Waymo expansion support Alphabet’s growth outlook, but regulatory scrutiny, potential Chrome divestiture demands and heavy AI infrastructure commitments pose risks. Shares opened at $377.65, near the company’s $408.61 one-year high.

Bradley Foster & Sargent Inc. CT reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 984,334 shares of the information services provider's stock after selling 49,507 shares during the period. Alphabet makes up about 4.4% of Bradley Foster & Sargent Inc. CT's investment portfolio, making the stock its 2nd biggest position. Bradley Foster & Sargent Inc. CT's holdings in Alphabet were worth $283,055,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOGL. Norges Bank bought a new position in shares of Alphabet in the 4th quarter worth $30,534,239,000. Cardano Risk Management B.V. increased its holdings in Alphabet by 855.3% in the fourth quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider's stock valued at $4,546,413,000 after purchasing an additional 13,004,828 shares during the last quarter. Vanguard Group Inc. lifted its stake in 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 buying an additional 12,531,695 shares during the period. Capital World Investors boosted its holdings in Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after buying an additional 11,605,785 shares during the last quarter. Finally, Diamant Asset Management Inc. boosted its holdings in Alphabet by 28,950.0% during the first quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider's stock worth $2,671,986,000 after buying an additional 9,259,940 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

GOOGL has been the subject of a number of recent analyst reports. Robert W. Baird upped their price target on Alphabet from $380.00 to $400.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alphabet in a research note on Tuesday, April 28th. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Evercore upped their target price on shares of Alphabet from $400.00 to $420.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Finally, BMO Capital Markets set a $465.00 target price on shares of Alphabet and gave the stock an "outperform" rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $419.86.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and earnings momentum remain the main catalyst. Alphabet’s recent quarterly results substantially exceeded expectations, with revenue of $119.8 billion versus the $117.1 billion consensus estimate. Analysts and investors are increasingly viewing the company’s heavy AI spending as supporting accelerating cloud revenue and future monetization. AI stocks have bottomed
• Positive Sentiment: Waymo is showing progress toward commercialization. Alphabet-owned Waymo removed the waitlist for its Dallas robotaxi service, expanding access as it scales across the United States and internationally. Separate analysis reported that Waymo vehicles have materially lower crash rates than human-driven vehicles, strengthening the long-term case for the business. Waymo expands Dallas robotaxi service
• Positive Sentiment: Google’s commercial AI reach is broadening. Oracle is deepening its integration with Google Gemini, while Google also secured computing and strategic partnerships involving SpaceX, Paris Saint-Germain and renewable-energy developer RWE. These deals could support enterprise adoption, cloud demand and infrastructure reliability. Oracle deepens Gemini integration
• Neutral Sentiment: Alphabet is participating in White House AI discussions. Google, OpenAI and Anthropic met with administration advisers regarding voluntary safety testing and a proposed AI oversight framework. Clearer rules could eventually benefit large platforms, although new compliance requirements remain uncertain. White House AI safety meeting
• Negative Sentiment: Legal and regulatory risks are limiting the upside. Pomerantz LLP is investigating potential investor claims, while an advocacy group urged courts to require Google to divest Chrome. Alphabet also faces renewed scrutiny over alleged exclusionary ad-tech practices. These matters could lead to fines, structural remedies or increased operating restrictions. Chrome divestiture advocacy
• Negative Sentiment: AI infrastructure commitments create financial risk. Alphabet is among several hyperscalers facing roughly $1.09 trillion in future data-center lease payments, raising concerns about capital intensity and returns if AI demand or monetization slows. Big Tech data-center lease burden

Alphabet Stock Performance

Shares of Alphabet stock opened at $377.65 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The firm has a market cap of $4.62 trillion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 1.05 and a beta of 1.24. The stock's 50-day moving average is $357.37 and its 200-day moving average is $339.91. Alphabet Inc. has a one year low of $193.67 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Equities analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet's dividend payout ratio (DPR) is currently 4.42%.

Insider Buying and Selling at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the firm's stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares of the company's stock, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 600,547 shares of company stock valued at $16,255,540 over the last ninety days. 11.61% of the stock is currently owned by company insiders.

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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