Michael Brady & Co. LLC Takes Position in Alphabet Inc. $GOOGL

Key Points

• Michael Brady & Co. LLC opened a new position in Alphabet, buying 2,610 shares worth about $817,000, which represents 0.8% of the firm's holdings and is its 18th largest holding.
• Alphabet posted a blockbuster Q1, reporting $5.11 EPS vs. $2.64 expected and $109.9 billion in revenue, prompting analyst upgrades and a consensus price target around $406.71 ("Moderate Buy").
• Alphabet raised its quarterly dividend to $0.22 (annualized $0.88, ~0.2% yield) and insiders have been net sellers recently, disposing of 158,553 shares (~$48.0M) in the past 90 days while insiders still own 11.61% of the stock.

Michael Brady & Co. LLC purchased a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,610 shares of the information services provider's stock, valued at approximately $817,000. Alphabet comprises 0.8% of Michael Brady & Co. LLC's holdings, making the stock its 18th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new stake in shares of Alphabet in the fourth quarter worth $38,000. Kentucky Trust Co raised its position in shares of Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after purchasing an additional 100 shares during the last quarter. iSAM Funds UK Ltd bought a new position in Alphabet in the 3rd quarter worth about $53,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet in the 3rd quarter worth about $53,000. Finally, PayPay Securities Corp grew its position in Alphabet by 23.7% during the 4th quarter. PayPay Securities Corp now owns 245 shares of the information services provider's stock valued at $77,000 after purchasing an additional 47 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Alphabet Trading Down 0.0%

Shares of GOOGL stock opened at $397.99 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $152.20 and a 12-month high of $400.10. The stock has a market capitalization of $4.81 trillion, a P/E ratio of 30.36, a P/E/G ratio of 1.66 and a beta of 1.26. The firm's 50 day moving average is $318.66 and its 200 day moving average is $311.72.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Research analysts expect that Alphabet Inc. will post 14.01 earnings per share 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 is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet's dividend payout ratio is currently 6.41%.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company's stock, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O'toole sold 955 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 158,553 shares of company stock worth $47,951,856 in the last ninety days. Insiders own 11.61% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on GOOGL shares. CICC Research lifted their target price on shares of Alphabet from $388.00 to $407.91 and gave the stock an "outperform" rating in a report on Friday, May 1st. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Monday, April 20th. Guggenheim reissued a "buy" rating and set a $450.00 price target (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. DZ Bank reaffirmed a "buy" rating on shares of Alphabet in a research report on Monday, February 16th. Finally, Roth Mkm reiterated a "buy" rating on shares of Alphabet in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Alphabet currently has a consensus rating of "Moderate Buy" and a consensus price target of $406.71.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Huge Q1 beat and cash generation — Alphabet reported blockbuster Q1 results and large net income, highlighting strong Search and AI-driven revenue that underpins recent multiple expansion and investor confidence. It Takes Meta Almost 9 Minutes...
• Positive Sentiment: Analyst upgrades lift sentiment — Mizuho raised its price target to $460 (outperform) and other shops have pushed targets higher, reinforcing buy-side momentum after the earnings beat. Alphabet Given New $460.00 Price Target at Mizuho
• Positive Sentiment: New consumer products and recurring revenue — Google rebranded Fitbit to Google Health, launched a $9.99/month AI health coach (May 19) and unveiled the Fitbit Air wearable; subscription services could add predictable ARPU. Google's $9.99-per-month AI health coach...
• Positive Sentiment: Market leadership narrative — Coverage notes Alphabet closing the gap on Nvidia for the world's largest market cap, a bullish signal that may attract momentum and index flows. Alphabet Is About to Overtake Nvidia...
• Neutral Sentiment: Hiring and process changes — Google is piloting AI-assisted software-engineer interviews and exploring personal AI agents (Remy), which could improve hiring throughput but raise operational and fairness questions. Google plans to let software engineers...
• Neutral Sentiment: R&D and partnerships — DeepMind has taken a minority stake to train models on the EVE Online environment and Google continues investing in personal AI agents; long-term upside but near-term costs remain. Google DeepMind Will Train AI Models...
• Negative Sentiment: Regulatory/legal risk in EU news case — Google proposed changes to search news displays to avoid further EU fines, highlighting ongoing exposure to large competition penalties that could hit earnings or require product changes. Google moves to avert EU fines...
• Negative Sentiment: UK display-ads legal claim — A £3bn collective claim alleging monopolization of display ads introduces another material legal overhang that could pressure valuation until resolved. Google facing £3bn legal claim...

About Alphabet

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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