Eagle Wealth Advisors LLC Invests $3.77 Million in Alphabet Inc. $GOOG

Key Points

• Eagle Wealth Advisors LLC bought 12,006 shares of Alphabet in Q4 valued at about $3.77 million, making GOOG roughly 3.2% of its portfolio and its 10th largest holding.
• Alphabet posted strong Q1 results—EPS $5.11 vs. $2.68 expected and revenue $109.9B (+21.8% YoY)—and raised its quarterly dividend to $0.22 ($0.88 annualized, 0.2% yield).
• Sentiment is mixed: analyst upgrades and fresh institutional buying are supporting the stock, while EU regulatory risk and notable insider/institutional selling could cap near-term gains.

Eagle Wealth Advisors LLC bought a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,006 shares of the information services provider's stock, valued at approximately $3,767,000. Alphabet makes up 3.2% of Eagle Wealth Advisors LLC's investment portfolio, making the stock its 10th largest position.

A number of other large investors also recently modified their holdings of GOOG. Imprint Wealth LLC acquired a new position in shares of Alphabet during the third quarter worth approximately $31,000. Manning & Napier Advisors LLC acquired a new position in shares of Alphabet during the third quarter worth approximately $32,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Alphabet during the fourth quarter worth approximately $38,000. Towne Trust Company N.A lifted its position in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. acquired a new position in shares of Alphabet during the third quarter worth approximately $61,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 momentum and Anthropic cloud deal continue to underpin the rally — social and analyst chatter notes a post-earnings surge, AI-fueled ad strength and a reported ~$200B Anthropic commitment that materially boosts Alphabet’s cloud backlog and revenue visibility. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — Mizuho and other firms have raised forecasts and targets (examples around $460+), supporting upside expectations and helping push the stock higher. Read More.
• Positive Sentiment: Institutional buying reported — a handful of funds disclosed fresh additions (Swiss National Bank, Allen Investment, Fisher Asset among others), signaling conviction from large holders. Read More. • Read More.
• Neutral Sentiment: New consumer products and subscription moves could expand monetization but are early-stage — Google launched the Fitbit Air wearable and an AI health-coach subscription, which add recurring-revenue potential but are not yet material to near-term results. Read More.
• Negative Sentiment: EU regulatory risk remains — Alphabet has proposed changes to news search to head off additional multibillion-euro fines, highlighting ongoing antitrust exposure that could pressure European revenue or require product changes. Read More.
• Negative Sentiment: Significant insider and some institutional selling — data show heavy insider sales in recent months and several large funds (Deutsche Bank, CalPERS, Madison) trimmed GOOG positions, which can cap short-term upside and increase volatility. Read More. • Read More.

Alphabet Price Performance

Shares of GOOG stock opened at $395.30 on Friday. Alphabet Inc. has a 52-week low of $153.83 and a 52-week high of $397.36. The stock has a market cap of $4.78 trillion, a PE ratio of 30.15, a PEG ratio of 1.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The firm's 50 day moving average price is $317.19 and its two-hundred day moving average price is $311.59.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business's revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the firm earned $2.81 earnings per share. As a group, analysts forecast that Alphabet Inc. will post 14 EPS for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is 6.41%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on GOOG shares. Scotiabank reiterated an "outperform" rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a research note on Monday, April 20th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $345.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Needham & Company LLC set a $400.00 price objective on shares of Alphabet and gave the company a "buy" rating in a research note on Friday, March 13th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $362.73.

Insider Buying and Selling

In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total transaction of $348,232.50. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 158,553 shares of company stock valued at $47,951,856. 12.99% of the stock is owned by company insiders.

Alphabet Company Profile

Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.

Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.

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