Oppenheimer & Co. Inc. Has $133.90 Million Stock Holdings in Alphabet Inc. $GOOG

Key Points

• Oppenheimer & Co. Inc. increased its Alphabet stake by 1.2% in the fourth quarter, owning 426,710 shares valued at about $133.9 million. Alphabet is now its 4th largest holding and makes up roughly 1.9% of the portfolio.
• Alphabet posted a strong quarterly earnings beat, reporting $5.11 EPS versus the $2.68 estimate on revenue of $109.9 billion, with revenue up 21.8% year over year. Analysts remain broadly bullish, with a consensus rating of Buy and an average price target of $362.73.
• The company also raised its quarterly dividend to $0.22 per share from $0.21, while insider selling continued over the last three months. Regulatory and legal risks remain a backdrop, including EU antitrust scrutiny and other lawsuits.

Oppenheimer & Co. Inc. increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 426,710 shares of the information services provider's stock after acquiring an additional 5,235 shares during the quarter. Alphabet comprises about 1.9% of Oppenheimer & Co. Inc.'s portfolio, making the stock its 4th largest holding. Oppenheimer & Co. Inc.'s holdings in Alphabet were worth $133,902,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock worth $22,901,000 after purchasing an additional 6,410 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in Alphabet by 76.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider's stock worth $330,886,000 after acquiring an additional 806,681 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in Alphabet in the second quarter worth about $658,000. Financial Advisors Network Inc. lifted its position in Alphabet by 7.7% during the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider's stock valued at $1,409,000 after purchasing an additional 565 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its holdings in Alphabet by 10.7% in the second quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider's stock valued at $6,618,000 after acquiring an additional 3,616 shares during the period. Institutional investors own 27.26% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GOOG. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Pivotal Research restated a "buy" rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. BMO Capital Markets reiterated an "outperform" rating and issued a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Scotiabank reaffirmed an "outperform" rating and set a $450.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $375.00 price objective on shares of Alphabet in a research note on Thursday, January 15th. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Alphabet has a consensus rating of "Buy" and a consensus price target of $362.73.

Alphabet Stock Performance

NASDAQ:GOOG opened at $397.05 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. The stock has a market cap of $4.81 trillion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.62 and a beta of 1.25. Alphabet Inc. has a one year low of $153.83 and a one year high of $398.37. The business's 50-day simple moving average is $317.19 and its 200 day simple moving average 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 for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet's quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 earnings per share. As a group, sell-side analysts predict that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business 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. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is a boost from Alphabet's previous quarterly dividend of $0.21. Alphabet's dividend payout ratio is 6.41%.

Insider Buying and Selling

In other news, insider John Kent Walker sold 8,993 shares of the stock in a transaction on Friday, March 27th. The stock was 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. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Amie Thuener O'toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at approximately $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 158,553 shares of company stock valued at $47,951,856. 12.99% of the stock is currently owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s recent earnings strength continues to drive optimism, with analysts raising price targets and earnings estimates after a strong Q1 beat that showed faster growth in Search, Cloud, and YouTube. Investors are also reacting to broad bullish coverage and high-profile holders adding to GOOG exposure.
• Positive Sentiment: Google is expanding its AI monetization tools, unveiling AI-powered Search and Shopping bidding/budgeting features that could make ad spending more efficient and support ad revenue growth. Article: Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Alphabet is also leaning into AI and consumer hardware, with new Fitbit Air and AI health-coach launches, plus continued work on smart glasses and broader agentic AI products. These developments reinforce the view that Google is becoming a major AI platform across ads, devices, and subscriptions.
• Neutral Sentiment: Several reports point to continued institutional interest and analyst support, including fund additions and upgraded target prices, but these are largely reinforcement signals rather than immediate catalysts.
• Negative Sentiment: Regulatory overhang remains a concern after Google was given more time to address EU antitrust issues, and a new UK lawsuit over online display ads adds another legal challenge. Article: Google has bit more time to address concerns in EU investigation, EU Commission says
• Negative Sentiment: Google also settled a racial discrimination lawsuit for $50 million, which removes some uncertainty but highlights ongoing reputational and legal risks tied to employment practices. Article: Google settles racial discrimination lawsuit for $50 million

About Alphabet

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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