Lighthouse Financial Services Inc. ADV Purchases New Stake in Alphabet Inc. $GOOGL

Key Points

• Lighthouse Financial Services Inc. ADV opened a new position in Alphabet in the fourth quarter, buying 23,906 shares worth about $7.48 million. Alphabet now represents roughly 1.7% of the firm’s portfolio and is its 16th largest holding.
• Alphabet delivered a strong quarterly earnings beat, reporting $5.11 EPS versus the $2.64 consensus estimate and revenue of $109.9 billion versus expectations of $106.98 billion. Analysts now expect the company to earn 14.29 EPS for the current year.
• Alphabet also raised its quarterly dividend to $0.22 per share from $0.21, payable June 15 to shareholders of record on June 8. The increase implies an annualized dividend of $0.88 and a yield of about 0.2%.

Lighthouse Financial Services Inc. ADV purchased a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,906 shares of the information services provider's stock, valued at approximately $7,483,000. Alphabet makes up about 1.7% of Lighthouse Financial Services Inc. ADV's investment portfolio, making the stock its 16th biggest holding.

Other institutional investors have also recently bought and sold shares of the company. PMV Capital Advisers LLC acquired a new position in Alphabet during the fourth quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet during the third quarter worth about $53,000. Kentucky Trust Co raised its stake in 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 in the last quarter. iSAM Funds UK Ltd acquired a new position in Alphabet during the third quarter worth about $53,000. Finally, Sellwood Investment Partners LLC acquired a new position in Alphabet during the third quarter worth about $63,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 102 shares of the company's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $371.00, for a total value of $37,842.00. Following the sale, the director directly owned 18,621 shares in the company, valued at $6,908,391. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 8,993 shares of the company's stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares in the company, valued at $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,481 shares of company stock valued at $27,422,061 over the last three months. Insiders own 11.61% of the company's stock.

Alphabet Stock Performance

Shares of GOOGL stock opened at $388.88 on Wednesday. The business's 50 day simple moving average is $341.07 and its 200 day simple moving average is $323.00. Alphabet Inc. has a one year low of $162.00 and a one year high of $408.61. The stock has a market capitalization of $4.71 trillion, a PE ratio of 29.66, a PEG ratio of 1.64 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 earnings results on Wednesday, April 29th. The information services provider reported $5.11 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 for the quarter, compared to analysts' expectations of $106.98 billion. As a group, research analysts forecast that Alphabet Inc. will post 14.29 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date is Monday, June 8th. This is a boost from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 6.71%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: At Google I/O 2026, Alphabet unveiled a broader AI lineup, including new Gemini models, AI search features, AI glasses, and ad products designed to monetize conversational search more effectively. Alphabet Just Unveiled Its Most Ambitious AI Lineup Yet
• Positive Sentiment: Google also announced a $15 billion Missouri AI data hub investment, highlighting long-term infrastructure spending, energy efficiency, and community investment that support its AI expansion plans. How Google’s $15 Billion Missouri AI Data Hub Strategy Could Reshape Alphabet’s Investor Narrative
• Positive Sentiment: Reports also noted Google’s push to make ads work inside AI search, suggesting new ways to monetize search traffic as the product shifts toward conversational results. Google Wants Ads to Talk Back in AI Search
• Neutral Sentiment: Alphabet remains widely watched by investors and screening services, keeping the stock in focus but not adding a clear new fundamental catalyst. Investors Heavily Search Alphabet Inc. (GOOGL): Here is What You Need to Know
• Negative Sentiment: Competitive concerns are rising after a TechCrunch report said DuckDuckGo installs jumped as some users rejected Google’s AI search changes, implying possible user pushback. DuckDuckGo installs are up 30% as users reject being ‘force-fed' Google's AI Search
• Negative Sentiment: Alphabet also faces continued antitrust overhang, with reports that the EU is preparing a large fine in its investigation into Google’s practices. EU plans to fine Google high triple-digit million euro sum as part of antitrust investigation: report
• Negative Sentiment: Google is also appealing a court decision tied to its search monopoly, keeping regulatory risk front and center for the stock. Google Appeals Court Decision on Search Monopoly

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Phillip Securities boosted their target price on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alphabet in a research note on Tuesday, April 28th. Pivotal Research boosted their price target on Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Citizens Jmp restated a "market outperform" rating and set a $515.00 price target on shares of Alphabet in a report on Wednesday, May 20th. Finally, Oppenheimer boosted their price target on Alphabet from $425.00 to $445.00 and gave the stock an "outperform" rating in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, Alphabet presently has a consensus rating of "Moderate Buy" and a consensus price target of $412.65.

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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