Oak Harvest Investment Services Has $4.92 Million Stock Holdings in Alphabet Inc. $GOOGL

Key Points

• Oak Harvest Investment Services raised its stake in Alphabet by 35.4% in Q4, buying 4,110 shares to hold 15,732 shares worth about $4.92 million at the end of the period.
• Alphabet beat Q1 estimates with $5.11 EPS (vs. $2.64 expected) and $109.9B revenue; Google Cloud grew ~63% to over $20B, prompting broad analyst price-target increases and a consensus "Moderate Buy" target near $397.48.
• Alphabet raised its quarterly dividend to $0.22 (annualized $0.88, yield ~0.2%), while insiders have sold roughly 191,053 shares worth $58.8M in the past three months, leaving insiders with 11.61% ownership.

Oak Harvest Investment Services raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 35.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,732 shares of the information services provider's stock after purchasing an additional 4,110 shares during the quarter. Oak Harvest Investment Services' holdings in Alphabet were worth $4,924,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ninety One UK Ltd increased its position in Alphabet by 0.9% during the 4th quarter. Ninety One UK Ltd now owns 8,980,667 shares of the information services provider's stock worth $2,810,949,000 after buying an additional 77,111 shares during the period. Ninety One North America Inc. increased its position in Alphabet by 14.1% during the 4th quarter. Ninety One North America Inc. now owns 426,416 shares of the information services provider's stock worth $133,468,000 after buying an additional 52,560 shares during the period. Ninety One SA Pty Ltd increased its position in Alphabet by 35.1% during the 4th quarter. Ninety One SA Pty Ltd now owns 176,621 shares of the information services provider's stock worth $55,282,000 after buying an additional 45,855 shares during the period. Werba Rubin Papier Wealth Management increased its position in Alphabet by 7.5% during the 4th quarter. Werba Rubin Papier Wealth Management now owns 14,751 shares of the information services provider's stock worth $4,617,000 after buying an additional 1,027 shares during the period. Finally, River Street Advisors LLC increased its position in Alphabet by 0.9% during the 4th quarter. River Street Advisors LLC now owns 19,776 shares of the information services provider's stock worth $6,190,000 after buying an additional 176 shares during the period. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on GOOGL shares. Mizuho increased their price objective on Alphabet from $410.00 to $420.00 and gave the stock an "outperform" rating in a research report on Friday, April 10th. New Street Research increased their price objective on Alphabet from $330.00 to $380.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Phillip Securities increased their price objective on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a research report on Wednesday, April 15th. Sanford C. Bernstein reiterated a "market perform" rating and set a $390.00 price objective (up from $345.00) on shares of Alphabet in a research report on Thursday. Finally, Guggenheim reiterated a "buy" rating and set a $450.00 price objective (up from $375.00) on shares of Alphabet in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and a consensus price target of $397.48.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $385.69 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a 52 week low of $147.84 and a 52 week high of $386.76. The stock has a market capitalization of $4.67 trillion, a P/E ratio of 29.42, a PEG ratio of 1.80 and a beta of 1.26. The stock's fifty day moving average is $313.72 and its 200 day moving average is $308.70.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Sell-side analysts forecast that Alphabet Inc. will post 12.94 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date is Monday, June 8th. 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%. Alphabet's dividend payout ratio (DPR) is 6.41%.

Insider Buying and Selling

In related news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. The trade was a 1.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 191,053 shares of company stock worth $58,845,206 over the last three months. Company insiders own 11.61% of the company's stock.

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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