Mcdonald Partners LLC Decreases Stake in Alphabet Inc. $GOOG

Key Points

• Mcdonald Partners LLC cut its Alphabet stake by 37.4% in the fourth quarter, selling 4,302 shares and leaving it with 7,210 shares valued at about $2.26 million.
• Alphabet reported strong Q1 results, posting $5.11 EPS on $109.9 billion in revenue, both above analyst expectations, with revenue up 21.8% year over year.
• The company raised its quarterly dividend to $0.22 per share from $0.21, while analysts overall remain bullish with an average rating of “Buy” and an average target price of $362.73.

Mcdonald Partners LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 37.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,210 shares of the information services provider's stock after selling 4,302 shares during the quarter. Mcdonald Partners LLC's holdings in Alphabet were worth $2,262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Ring Mountain Capital LLC raised its position in shares of Alphabet by 0.9% in the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider's stock valued at $1,174,000 after purchasing an additional 30 shares during the last quarter. HRC Wealth Management LLC increased its holdings in Alphabet by 1.0% in the 4th quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider's stock worth $1,014,000 after buying an additional 31 shares during the period. Avaii Wealth Management LLC increased its holdings in Alphabet by 2.3% in the 4th quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider's stock worth $451,000 after buying an additional 32 shares during the period. Accel Wealth Management increased its holdings in Alphabet by 0.8% in the 4th quarter. Accel Wealth Management now owns 4,068 shares of the information services provider's stock worth $1,276,000 after buying an additional 33 shares during the period. Finally, Accelerate Investment Advisors LLC increased its holdings in Alphabet by 1.1% in the 4th quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider's stock worth $993,000 after buying an additional 34 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled a broader AI push at its Android event, including Gemini-powered features, new “Googlebooks” laptops, and agentic AI tools, reinforcing the company’s leadership in AI and mobile ecosystems.
• Positive Sentiment: Reports that Google is discussing orbital data centers with SpaceX have sparked investor excitement about a potential long-term infrastructure advantage in AI and cloud computing. Report: Google and SpaceX in talks to put data centers into orbit
• Positive Sentiment: Alphabet continues to attract bullish analyst and investor attention after strong Q1 results and ongoing cloud/AI growth, supporting the case for additional upside. Alphabet: The A-Z AI Play Set To Profit From The Whole Industry
• Positive Sentiment: Several large investors disclosed higher stakes in Alphabet, including Capital World Investors and other institutions, which can reinforce confidence in the stock’s long-term fundamentals.
• Neutral Sentiment: One fund update showed a large reduction in GOOG holdings by Capital International Investors, but this appears to be portfolio rebalancing rather than a direct company-specific warning.
• Negative Sentiment: Alphabet still faces regulatory pressure in Europe, including efforts to avoid an EU antitrust fine tied to spam-policy changes and broader DMA compliance concerns.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 102 shares of the firm's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00. Following the sale, the director owned 18,621 shares of the company's stock, valued at $6,908,391. This trade represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 8,993 shares of the firm's stock in a transaction that occurred 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 sale, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. The trade was a 14.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 158,553 shares of company stock worth $47,951,856. 12.99% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GOOG. Freedom Capital downgraded shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Monday, May 4th. Scotiabank reiterated an "outperform" rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. KeyCorp set a $370.00 price target on shares of Alphabet in a report on Thursday, February 5th. Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Monday, February 23rd. Finally, Oppenheimer reiterated an "outperform" rating and issued a $425.00 price target on shares of Alphabet in a report on Thursday, April 30th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $362.73.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $399.06 on Thursday. The stock has a market capitalization of $4.84 trillion, a price-to-earnings ratio of 30.44, a PEG ratio of 1.64 and a beta of 1.25. Alphabet Inc. has a 12 month low of $160.93 and a 12 month high of $399.93. The firm's 50 day simple moving average is $323.77 and its 200-day simple moving average is $315.48. 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:GOOG - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The business 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 was up 21.8% on a year-over-year basis. During the same quarter last year, the company earned $2.81 EPS. Analysts expect that Alphabet Inc. will post 14.28 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid 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%.

Alphabet 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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