Choreo LLC Reduces Holdings in Alphabet Inc. $GOOGL

Key Points

• Choreo LLC trimmed its stake in Alphabet by 1.0% in Q4, selling 2,428 shares and finishing with 236,189 shares worth $74,128,000 (about 0.9% of its portfolio and the stock's 20th largest position).
• Alphabet beat Q4 expectations with EPS of $2.82 vs. $2.57 and revenue of $113.83B vs. $111.24B, and announced a quarterly dividend of $0.21 ($0.84 annual, ~0.2% yield).
• Alphabet committed to a strategic AI partnership to invest up to $40 billion in Anthropic (a $10B tranche now, $30B contingent), spurring analyst upgrades and cloud/AI optimism but creating execution, valuation and European regulatory risks.

Choreo LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 236,189 shares of the information services provider's stock after selling 2,428 shares during the quarter. Alphabet accounts for approximately 0.9% of Choreo LLC's investment portfolio, making the stock its 20th largest position. Choreo LLC's holdings in Alphabet were worth $74,128,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Dara Capital US Inc. purchased a new position in Alphabet during the fourth quarter worth $6,263,000. Valley Brook Capital Group Inc. lifted its position in shares of Alphabet by 5.5% during the fourth quarter. Valley Brook Capital Group Inc. now owns 5,633 shares of the information services provider's stock worth $1,763,000 after purchasing an additional 295 shares during the last quarter. Armbruster Capital Management Inc. lifted its position in shares of Alphabet by 6.4% during the fourth quarter. Armbruster Capital Management Inc. now owns 2,994 shares of the information services provider's stock worth $937,000 after purchasing an additional 180 shares during the last quarter. Luma Capital S.A. SPF bought a new stake in shares of Alphabet during the fourth quarter worth $18,426,000. Finally, Altfest L J & Co. Inc. lifted its position in shares of Alphabet by 0.4% during the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider's stock worth $2,489,000 after purchasing an additional 31 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

GOOGL stock opened at $344.40 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business has a 50-day moving average price of $309.30 and a 200 day moving average price of $304.57. The company has a market capitalization of $4.17 trillion, a P/E ratio of 31.86, a PEG ratio of 2.10 and a beta of 1.12. Alphabet Inc. has a 1-year low of $147.84 and a 1-year high of $349.00.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, equities research analysts forecast that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, March 9th. Alphabet's payout ratio is presently 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet commits to a strategic AI partnership that secures long-term model and compute capacity — Google will invest up to $40 billion in Anthropic (a $10B tranche now, $30B contingent on milestones). The deal strengthens Alphabet’s access to leading generative-AI models, supports product roadmap and cloud demand, and reduces the risk of competitors locking up third‑party model supply. Google to invest up to $40B in Anthropic in cash and compute
• Positive Sentiment: Analyst support is lifting sentiment — multiple firms have reaffirmed or raised ratings/targets (Jefferies, Needham, JPMorgan, UBS moves reported), reinforcing a bullish view that AI and Cloud will drive upside to estimates. This analyst momentum is helping push the stock higher into the next earnings print. Alphabet: Jefferies keeps its 'Buy' rating
• Positive Sentiment: Product and infrastructure catalysts: new TPU 8i inference chip, expanded Workspace AI features and enterprise wins (Ulta, AutoZone migrations) point to faster, lower‑cost AI scaling and increased Cloud/ads monetization potential. These operational advances support margins and longer-term revenue growth. Alphabet Stock Gains After Unveiling New AI Inference Chip
• Neutral Sentiment: Sector labor disruption from AI: broader reporting that AI is displacing tech jobs may pressure sentiment for the sector but is only an indirect, mixed impact on Alphabet — potential cost savings versus reputation/PR and macro consumption effects. Whether It's 'Disruption' or 'Renormalization,' AI Is Killing Tech Jobs
• Neutral Sentiment: Near-term earnings setup: several outlets and banks expect a modest Q1 beat driven by AI and Cloud strength; this supports the rally but leaves the stock exposed to any surprise guidance. Alphabet set to report modest beat for Q1 driven by AI, Cloud growth
• Negative Sentiment: Regulatory risk in Europe: the European Commission is pressuring Google to give rival AI assistants deeper Android access — a move that could weaken Alphabet’s ecosystem advantage and advertising/engagement moat if implemented. Regulatory actions remain a meaningful downside risk. Google Faces New EU Pressure to Give AI Rivals Android Access
• Negative Sentiment: Large contingent capital commitment and valuation exposure: while the Anthropic deal is strategic, the $30B contingent tranche and Anthropic’s ~$350B valuation create execution and financial-commitment risks if performance targets aren’t met or scrutiny increases. Investors may worry about future cash/compute obligations and valuation optics. Google plans to invest up to $40 billion in Anthropic, Bloomberg reports

Analyst Ratings Changes

Several research firms have recently weighed in on GOOGL. Raymond James Financial upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Mizuho lifted their target price on Alphabet from $410.00 to $420.00 and gave the stock an "outperform" rating in a research report on Friday, April 10th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Alphabet in a research report on Monday, April 20th. Royal Bank Of Canada lifted their target price on Alphabet from $375.00 to $400.00 and gave the stock an "outperform" rating in a research report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Alphabet from $370.00 to $390.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and an average price target of $369.67.

Insider Transactions at Alphabet

In related news, CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director owned 18,418 shares of the company's stock, valued at $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,037,294 shares of company stock valued at $94,216,897 over the last three months. 11.64% of the stock is currently owned by corporate insiders.

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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