Delta Investment Management LLC Has $13.12 Million Stock Position in Alphabet Inc. $GOOGL

Key Points

• Delta Investment Management LLC increased its Alphabet stake by 21% in the fourth quarter, buying 7,282 more shares and bringing its total position to 41,924 shares valued at about $13.12 million.
• Wall Street sentiment on Alphabet remains constructive, with several analysts raising price targets and the consensus rating standing at “Moderate Buy” with a consensus target of $411.23.
• Alphabet continues to show strong operating momentum, reporting Q1 EPS of $5.11 versus estimates of $2.64 and revenue of $109.9 billion, while also boosting its quarterly dividend to $0.22 per share.

Delta Investment Management LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 21.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 41,924 shares of the information services provider's stock after buying an additional 7,282 shares during the period. Alphabet makes up approximately 2.3% of Delta Investment Management LLC's holdings, making the stock its 11th biggest holding. Delta Investment Management LLC's holdings in Alphabet were worth $13,122,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GOOGL. Brighton Jones LLC raised its holdings in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after buying an additional 4,110 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY raised its holdings in shares of Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after purchasing an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Alphabet by 11.2% in the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after purchasing an additional 48,805 shares during the last quarter. Finally, United Bank raised its holdings in shares of Alphabet by 6.9% in the second quarter. United Bank now owns 48,204 shares of the information services provider's stock valued at $8,495,000 after purchasing an additional 3,120 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of recent research reports. Phillip Securities lifted their price objective on shares of Alphabet from $340.00 to $395.00 and gave the company a "moderate buy" rating in a report on Wednesday, April 15th. Raymond James Financial upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, January 22nd. BMO Capital Markets lifted their price objective on shares of Alphabet from $410.00 to $435.00 and gave the company an "outperform" rating in a report on Thursday, April 30th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $390.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Finally, The Goldman Sachs Group lifted their price objective on shares of Alphabet from $400.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, April 30th. 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 company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $411.23.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Blackstone reportedly plan to launch a new AI cloud company, a move that could expand demand for Alphabet’s specialized chips and deepen its presence in enterprise AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Alphabet is heading into Google I/O with expectations for major AI announcements, and analysts are watching for updates on Gemini, agentic commerce, and in-house TPU chips that could strengthen its competitive position. Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street
• Positive Sentiment: Arete Research raised its price target on Alphabet to $425 from $405 and kept a buy rating, signaling continued upside confidence from analysts. Arete Research adjusts price target on Alphabet to $425 from $405
• Positive Sentiment: Multiple articles highlighted Alphabet’s strong momentum this year, with AI demand, cloud growth, and Berkshire Hathaway’s much larger stake helping validate the bullish case. Read More.
• Neutral Sentiment: Alphabet disclosed insider-share sales by a major shareholder, but the transactions appear routine and were reported through standard SEC filings. SEC filing
• Negative Sentiment: Alphabet also faces ongoing headline risk from its YouTube youth-safety settlement and broader scrutiny around AI and platform responsibility, though these issues look secondary to the company’s current AI-driven optimism. Alphabet’s $5 Trillion Milestone: How AI Ambitions Are Fueling Google’s Record Run

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of Alphabet stock in a transaction on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares of the company's stock, valued at approximately $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 257,931 shares of company stock valued at $36,886,538. 11.61% of the stock is currently owned by insiders.

Alphabet Trading Up 0.0%

Shares of Alphabet stock opened at $396.94 on Tuesday. The business has a fifty day simple moving average of $331.22 and a two-hundred day simple moving average of $318.52. Alphabet Inc. has a 1 year low of $162.00 and a 1 year high of $408.61. The company has a market capitalization of $4.81 trillion, a price-to-earnings ratio of 30.28, 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.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. This is an increase from Alphabet's previous quarterly dividend of $0.21. 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. Alphabet's payout ratio is 6.41%.

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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