Catalyst Financial Partners LLC Increases Stake in Alphabet Inc. $GOOGL

Key Points

• Catalyst Financial Partners increased its Alphabet stake by 11.3% in the fourth quarter, bringing its holdings to 35,996 shares valued at about $11.27 million.
• Wall Street remains broadly bullish on GOOGL, with a Moderate Buy consensus and a consensus price target of $412.94 after several firms raised or reaffirmed positive ratings.
• Alphabet beat quarterly expectations, posting $5.11 EPS on $109.9 billion in revenue, and also raised its quarterly dividend to $0.22 per share.

Catalyst Financial Partners LLC raised its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 35,996 shares of the information services provider's stock after purchasing an additional 3,657 shares during the period. Alphabet accounts for approximately 1.3% of Catalyst Financial Partners LLC's portfolio, making the stock its 14th biggest holding. Catalyst Financial Partners LLC's holdings in Alphabet were worth $11,267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. Berkshire Hathaway Inc purchased a new position in Alphabet in the 3rd quarter valued at $4,338,397,000. Vanguard Group Inc. lifted its holdings in Alphabet by 2.4% in the 4th 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 in the last quarter. Capital World Investors lifted its holdings in Alphabet by 28.0% in the 3rd 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 in the last quarter. Capital Research Global Investors lifted its holdings in Alphabet by 15.7% in the 3rd 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 in the last quarter. Finally, Mizuho Markets Cayman LP lifted its holdings in Alphabet by 23,402.1% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Analysts Set New Price Targets

GOOGL has been the topic of a number of research reports. Wolfe Research decreased their price objective on Alphabet from $390.00 to $360.00 and set an "outperform" rating on the stock in a report on Friday, April 10th. Guggenheim reiterated a "buy" rating and set a $450.00 price target (up from $375.00) on shares of Alphabet in a report on Thursday, April 30th. Moffett Nathanson lifted their price target on Alphabet from $305.00 to $350.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. DZ Bank reiterated a "buy" rating on shares of Alphabet in a report on Monday, February 16th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and set a $390.00 price target (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $412.94.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $380.34 on Monday. The business has a 50-day moving average price of $345.77 and a 200 day moving average price of $325.15. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.61 trillion, a price-to-earnings ratio of 29.01, a PEG ratio of 1.63 and a beta of 1.23. Alphabet Inc. has a 12-month low of $162.00 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Sell-side analysts expect that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend 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 dividend payout ratio is 6.41%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here's One Thing To Know.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction dated Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider directly owned 51,808 shares of the company's stock, valued at $14,293,309.12. The trade was a 14.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $371.00, for a total value of $37,842.00. Following the completion of the transaction, the director directly owned 18,621 shares of the company's stock, valued at approximately $6,908,391. This represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 226,369 shares of company stock worth $27,388,127. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Company 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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