Reliant Investment Management LLC Has $15.02 Million Stock Holdings in Alphabet Inc. $GOOGL

Key Points

• Reliant Investment Management LLC reduced its stake in Alphabet by 5.6% in Q4, leaving it with 47,993 shares worth $15.02 million, about 6.1% of the firm's holdings and Alphabet's 2nd-largest position.
• Alphabet beat Q4 estimates (EPS $2.82 vs. $2.57; revenue $113.83B vs. $111.24B), trades at a market cap of $4.03 trillion with a PE of ~30.8, and has a recent quarterly dividend yielding ~0.3% annually.
• Company insiders have been net sellers (2.07M shares sold in the past 90 days) even as analysts are largely positive (consensus "Moderate Buy", average price target ~$367), with upside catalysts from AI/cloud deals but notable risks from antitrust and ad-competition pressures.

Reliant Investment Management LLC lessened its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,993 shares of the information services provider's stock after selling 2,867 shares during the period. Alphabet makes up approximately 6.1% of Reliant Investment Management LLC's holdings, making the stock its 2nd largest position. Reliant Investment Management LLC's holdings in Alphabet were worth $15,022,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Signaturefd LLC grew its position in Alphabet by 1.5% in the 4th quarter. Signaturefd LLC now owns 230,416 shares of the information services provider's stock worth $72,120,000 after purchasing an additional 3,340 shares during the period. Ascent Group LLC grew its position in Alphabet by 3.2% in the 4th quarter. Ascent Group LLC now owns 154,815 shares of the information services provider's stock worth $48,457,000 after purchasing an additional 4,753 shares during the period. Tran Capital Management L.P. grew its position in Alphabet by 20.4% in the 4th quarter. Tran Capital Management L.P. now owns 109,996 shares of the information services provider's stock worth $34,429,000 after purchasing an additional 18,622 shares during the period. Accel Wealth Management grew its position in Alphabet by 0.6% in the 4th quarter. Accel Wealth Management now owns 15,541 shares of the information services provider's stock worth $4,864,000 after purchasing an additional 100 shares during the period. Finally, J2 Capital Management Inc grew its position in Alphabet by 19.6% in the 4th quarter. J2 Capital Management Inc now owns 1,663 shares of the information services provider's stock worth $521,000 after purchasing an additional 272 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet Trading Up 3.6%

Shares of Alphabet stock opened at $332.82 on Wednesday. The company's fifty day simple moving average is $306.27 and its 200-day simple moving average is $300.18. The stock has a market capitalization of $4.03 trillion, a PE ratio of 30.79, a P/E/G ratio of 1.98 and a beta of 1.12. Alphabet Inc. has a 1-year low of $146.10 and a 1-year high of $349.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

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

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on 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 transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O'toole sold 955 shares of Alphabet stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction 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 position. The SEC filing for this sale provides additional information. Insiders have sold 2,068,744 shares of company stock worth $104,505,914 in the last 90 days. Company insiders own 11.55% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: UBS and other analysts pointed to the extended Broadcom–Google agreement as easing investor concerns about TPU supply and long-term AI infrastructure continuity—this reduces a key operational risk for Google’s cloud/AI growth story. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Citi put Alphabet on a 90-day “upside Catalyst Watch,” flagging a cluster of product, event and AI-related catalysts that could lift the stock into July—an institutional signal that near-term momentum may continue. Citi is bullish on Google stock in near term ahead of several catalysts
• Positive Sentiment: Anthropic’s expanding partnership with Broadcom and Alphabet on custom AI chips reinforces Google’s role as an AI infrastructure provider and supports upside for TPU monetization opportunities. Did Anthropic, Alphabet, and Broadcom Just Say Checkmate to Nvidia?
• Positive Sentiment: High‑profile investors continue to add to positions (Stanley Druckenmiller materially increased his Alphabet stake), a demand signal that can support price momentum. Stanley Druckenmiller Made 1 Huge Bet That Still Looks Attractive Today and Cut 2 Top Positions
• Neutral Sentiment: Mixed analyst moves and price-target changes: some firms raised/maintained bullish targets while others trimmed forecasts—keeps sentiment constructive but highlights divergent views on upside magnitude. Benzinga
• Neutral Sentiment: Product and ecosystem activity ahead of Google Cloud Next (partners showcasing AI-native tools) supports ongoing enterprise demand narratives but is incremental vs. headline catalysts. groundcover Showcases AI-Native Observability at Google Cloud Next 2026
• Negative Sentiment: Antitrust risk resurfaced as rival app store Aptoide sued Google alleging monopoly over Android app distribution and billing—this could increase legal and regulatory scrutiny, potentially leading to fines or business changes if it gains traction. Google sued by rival app store Aptoide over alleged monopoly
• Negative Sentiment: Competitive pressure in advertising: reports project Meta could overtake Google in global digital-ad revenue this year, and Meta’s new Muse Spark model is reinvigorating its ad-product momentum—both trends pose downside risk to Google’s core ad growth. Meta poised to surpass Google in digital ad revenue for first time, report says
• Negative Sentiment: Ad-quality and fraud concerns (new “pushpaganda” scam) highlight ongoing risks to user trust and publisher/advertiser effectiveness on Google surfaces, which could pressure monetization if widespread. HUMAN’s Satori Researchers Identify Novel Ad Fraud and Scareware Threat, Pushpaganda

Analysts Set New Price Targets

A number of equities research analysts have commented on GOOGL shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 target price on shares of Alphabet in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Alphabet from $370.00 to $390.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Wolfe Research cut their target price on shares of Alphabet from $390.00 to $360.00 and set an "outperform" rating for the company in a research report on Friday, April 10th. Piper Sandler reaffirmed an "overweight" rating and issued a $395.00 target price (up from $365.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Robert W. Baird lifted their target price on shares of Alphabet from $375.00 to $380.00 and gave the stock an "outperform" rating in a research report on Friday, March 6th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $367.06.

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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