Brighton Jones LLC Has $40.98 Million Stake in Alphabet Inc. $GOOGL

Key Points

• Brighton Jones LLC increased its stake in Alphabet by 12.9% in Q4 and now owns 130,936 shares worth about $40.98 million, representing roughly 1.5% of its portfolio and its 15th largest holding.
• Alphabet beat Q1 estimates, reporting $5.11 EPS versus $2.64 expected and $109.9 billion in revenue, and it raised its quarterly dividend to $0.22 (annualized $0.88, yield ~0.2%).
• Major commercial and financing developments — including a reported ~$200 billion Anthropic commitment to Google Cloud/chips over five years and strong demand for Alphabet’s large euro bond sale — strengthen Cloud/AI revenue prospects and funding for capex.

Brighton Jones LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,936 shares of the information services provider's stock after acquiring an additional 14,987 shares during the period. Alphabet comprises about 1.5% of Brighton Jones LLC's portfolio, making the stock its 15th largest position. Brighton Jones LLC's holdings in Alphabet were worth $40,983,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOOGL. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet during the fourth quarter worth $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet during the third quarter worth $53,000. Kentucky Trust Co raised its holdings in shares of Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after acquiring an additional 100 shares during the period. iSAM Funds UK Ltd acquired a new stake in shares of Alphabet during the third quarter worth $53,000. Finally, Sellwood Investment Partners LLC acquired a new stake in shares of Alphabet during the third quarter worth $63,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Up 2.5%

Alphabet stock opened at $398.30 on Thursday. The firm has a market capitalization of $4.82 trillion, a PE ratio of 30.38, a P/E/G ratio of 1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The company's 50-day moving average is $316.92 and its 200-day moving average is $310.70. Alphabet Inc. has a fifty-two week low of $147.84 and a fifty-two week high of $399.85.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results 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. 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 analyst estimates of $106.98 billion. Sell-side analysts anticipate that Alphabet Inc. will post 13.86 earnings per share for the current year.

Alphabet Increases Dividend

The business 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. The ex-dividend date is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 6.41%.

Wall Street Analyst Weigh In

Several research analysts recently commented on GOOGL shares. Dbs Bank increased their target price on shares of Alphabet from $360.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Alphabet in a report on Tuesday, April 28th. Sanford C. Bernstein reiterated a "market perform" rating and set a $390.00 target price (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Mizuho upped their target price on Alphabet from $420.00 to $460.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Two 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 stock. According to data from MarketBeat, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $406.71.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the company's stock in a transaction dated 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 owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the transaction, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 158,553 shares of company stock worth $47,951,856 in the last quarter. Corporate insiders own 11.61% of the company's stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s blockbuster Q1 and broader Mag‑7 earnings strength underpin the rally — the company beat EPS and revenue expectations and markets are rewarding AI/cloud leaders. Here's Why Alphabet (GOOGL) is a Strong Growth Stock
• Positive Sentiment: Large commercial commitments: Anthropic reportedly committed to spend ~$200 billion on Google Cloud and chips over five years — a potential multi‑year revenue stream for Cloud and AI infrastructure. Anthropic commits to spending $200 billion on Google's cloud and chips
• Positive Sentiment: Investor confidence in Alphabet’s AI spending shows in debt markets — its largest-ever euro bond sale attracted strong demand, supporting funding for capex and AI investments. Alphabet's euro bond offering sees strong demand
• Positive Sentiment: Product/tech optionality: DeepMind’s new minority stake to train AI on the complex MMORPG EVE Online and internal work on a 24/7 agent (“Remy”) highlight unique data/training opportunities and product roadmaps that could extend monetization. Google DeepMind Will Train AI Models on the MMORPG Eve Online Google is building an AI agent that could be its answer to OpenClaw
• Neutral Sentiment: Macro/sector backdrop is supportive: analysts and outlets note a record aggregate Q1 for corporate earnings and continued AI spending that benefits hyperscalers like Alphabet. Record Earnings Expected in 2026 Q1
• Neutral Sentiment: Strategic moves in AI compute: Alphabet moving to sell TPUs directly could broaden revenue but also reshapes competitive dynamics with Nvidia — mixed for margins and partner relationships. Google Moves to Sell TPUs Directly
• Negative Sentiment: Regulatory risk in Europe resurfaced — Google offered search-results changes to avert additions to €9.5B in EU competition fines, keeping legal uncertainty and potential remediation costs on the table. Google moves to avert EU fines with offer in news search case
• Negative Sentiment: Privacy/data concerns and worker unrest: a top Google scientist warned EU data‑sharing measures risk user privacy, and DeepMind employee union activity highlights reputational and execution risks. Top Google scientist says EU data measures pose privacy risk UK Google DeepMind employees vote to unionize

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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