Oregon Pacific Wealth Management LLC Decreases Stake in Alphabet Inc. $GOOGL

Key Points

• Oregon Pacific Wealth Management cut its stake in Alphabet by 32.9% in Q4, selling 1,621 shares and leaving 3,306 shares valued at $1,035,000 (about 1.1% of its portfolio and its 17th largest holding).
• Major institutions like State Street, Capital World Investors and Invesco have been increasing positions—institutions own 40.03% of GOOGL—and analysts hold a consensus "Moderate Buy" with an average price target of $366.92.
• Alphabet recently beat quarterly estimates (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), declared a $0.21 quarterly dividend (0.3% yield), but insiders have sold roughly 2.07M shares (~$105M) in the past 90 days.

Oregon Pacific Wealth Management LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 32.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,306 shares of the information services provider's stock after selling 1,621 shares during the quarter. Alphabet accounts for approximately 1.1% of Oregon Pacific Wealth Management LLC's portfolio, making the stock its 17th biggest position. Oregon Pacific Wealth Management LLC's holdings in Alphabet were worth $1,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GOOGL. State Street Corp lifted its stake in Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider's stock worth $40,524,841,000 after purchasing an additional 4,008,374 shares during the last quarter. Capital World Investors lifted its stake in Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares during the last quarter. Capital Research Global Investors lifted its stake in Alphabet by 15.7% during the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock worth $12,333,076,000 after purchasing an additional 6,874,381 shares during the last quarter. Invesco Ltd. lifted its stake in Alphabet by 2.3% during the third quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider's stock worth $10,984,744,000 after purchasing an additional 1,034,292 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in Alphabet by 1.0% during the third quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider's stock worth $9,541,877,000 after purchasing an additional 392,547 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on GOOGL. Raymond James Financial upgraded Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Thursday, January 22nd. Sanford C. Bernstein boosted their target price on Alphabet from $305.00 to $335.00 and gave the stock a "market perform" rating in a research note on Monday, February 2nd. DA Davidson boosted their target price on Alphabet from $300.00 to $310.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Roth Mkm boosted their target price on Alphabet from $365.00 to $395.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Finally, Loop Capital boosted their target price on Alphabet from $320.00 to $355.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $366.92.

Alphabet Trading Down 0.4%

GOOGL opened at $317.20 on Friday. The firm has a market cap of $3.84 trillion, a price-to-earnings ratio of 29.34, a price-to-earnings-growth ratio of 1.96 and a beta of 1.12. Alphabet Inc. has a 52 week low of $146.10 and a 52 week high of $349.00. The business's 50 day moving average is $306.85 and its two-hundred day moving average is $298.67. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, research analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet's payout ratio is 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Stronger AI/cloud positioning: Google expanded its multi‑year AI infrastructure partnership with Intel to co‑develop processors and power Google Cloud AI workloads — a sign of durable demand for cloud AI capacity that supports Google Cloud revenue growth. Read More.
• Positive Sentiment: Broadcom and Anthropic deals validate Google’s AI infrastructure strategy and the broader market for non‑NVIDIA accelerators — a constructive signal for Alphabet’s AI cost and supply relationships. Read More.
• Positive Sentiment: Analyst and media bullishness on AI adoption: BNP Paribas and other commentators highlight Gemini and Anthropic as drivers that can take share in the generative AI market, underpinning ad/productivity monetization upside for Alphabet. Read More.
• Positive Sentiment: Monetization tailwind — YouTube raised U.S. Premium prices, which should boost ARPU and subscription revenue over time. Read More.
• Positive Sentiment: Bullish price‑target action from Mizuho (raised to $420) reinforces upside thesis for investors focused on long‑term AI/cloud gains. (No link)
• Neutral Sentiment: Short interest report is effectively meaningless/noisy for today’s move (data shows zero shares / reporting artifact), so it’s not the driver of the stock’s action. (No link)
• Negative Sentiment: Regulatory risk for Waymo: A California bill would require more human operators for robotaxis, raising operating costs and regulatory uncertainty for Alphabet’s autonomous‑vehicle ambitions. Read More.
• Negative Sentiment: International/content regulatory pressure: Indonesia issued a reprimand to YouTube over new social media rules for children, underscoring regional enforcement risk that can hit engagement or require costly compliance changes. Read More.
• Negative Sentiment: Analyst downgrade pressure: Wolfe Research trimmed its price target from $390 to $360, which increases short‑term selling pressure despite the firm still rating the stock “outperform.” (No link)

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares of the company's stock, valued at $1,405,091.71. The trade was a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business's stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,069,344 shares of company stock valued at $104,708,426 over the last 90 days. 11.64% of the stock is owned by insiders.

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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