Steigerwald Gordon & Koch Inc. Has $28.40 Million Position in Alphabet Inc. $GOOGL

Key Points

• Steigerwald Gordon & Koch raised its stake in Alphabet by 5.8% to 90,747 shares valued at approximately $28.40 million, making the stock its 10th largest position and about 2.7% of the firm's portfolio.
• Alphabet struck a strategic AI partnership that could see Google invest up to $40 billion in Anthropic (a $10B tranche now, $30B contingent), and analyst upgrades plus product/infrastructure wins (new TPU 8i, Workspace AI, enterprise migrations) have supported a bullish outlook.
• Insiders have been net sellers—disposing of 2,037,294 shares worth roughly $94.2 million over the past 90 days—and investors face downside risks from EU regulatory pressure and the contingent $30B commitment tied to the Anthropic deal.

Steigerwald Gordon & Koch Inc. raised its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,747 shares of the information services provider's stock after buying an additional 4,964 shares during the quarter. Alphabet accounts for about 2.7% of Steigerwald Gordon & Koch Inc.'s portfolio, making the stock its 10th largest position. Steigerwald Gordon & Koch Inc.'s holdings in Alphabet were worth $28,404,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new stake in Alphabet in the fourth quarter valued at approximately $38,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the third quarter worth $53,000. iSAM Funds UK Ltd acquired a new position in shares of Alphabet in the 3rd quarter valued at $53,000. Kentucky Trust Co increased 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 valued at $53,000 after buying an additional 100 shares in the last quarter. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Alphabet in the 3rd quarter valued at $63,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet commits to a strategic AI partnership that secures long-term model and compute capacity — Google will invest up to $40 billion in Anthropic (a $10B tranche now, $30B contingent on milestones). The deal strengthens Alphabet’s access to leading generative-AI models, supports product roadmap and cloud demand, and reduces the risk of competitors locking up third‑party model supply. Google to invest up to $40B in Anthropic in cash and compute
• Positive Sentiment: Analyst support is lifting sentiment — multiple firms have reaffirmed or raised ratings/targets (Jefferies, Needham, JPMorgan, UBS moves reported), reinforcing a bullish view that AI and Cloud will drive upside to estimates. This analyst momentum is helping push the stock higher into the next earnings print. Alphabet: Jefferies keeps its 'Buy' rating
• Positive Sentiment: Product and infrastructure catalysts: new TPU 8i inference chip, expanded Workspace AI features and enterprise wins (Ulta, AutoZone migrations) point to faster, lower‑cost AI scaling and increased Cloud/ads monetization potential. These operational advances support margins and longer-term revenue growth. Alphabet Stock Gains After Unveiling New AI Inference Chip
• Neutral Sentiment: Sector labor disruption from AI: broader reporting that AI is displacing tech jobs may pressure sentiment for the sector but is only an indirect, mixed impact on Alphabet — potential cost savings versus reputation/PR and macro consumption effects. Whether It's 'Disruption' or 'Renormalization,' AI Is Killing Tech Jobs
• Neutral Sentiment: Near-term earnings setup: several outlets and banks expect a modest Q1 beat driven by AI and Cloud strength; this supports the rally but leaves the stock exposed to any surprise guidance. Alphabet set to report modest beat for Q1 driven by AI, Cloud growth
• Negative Sentiment: Regulatory risk in Europe: the European Commission is pressuring Google to give rival AI assistants deeper Android access — a move that could weaken Alphabet’s ecosystem advantage and advertising/engagement moat if implemented. Regulatory actions remain a meaningful downside risk. Google Faces New EU Pressure to Give AI Rivals Android Access
• Negative Sentiment: Large contingent capital commitment and valuation exposure: while the Anthropic deal is strategic, the $30B contingent tranche and Anthropic’s ~$350B valuation create execution and financial-commitment risks if performance targets aren’t met or scrutiny increases. Investors may worry about future cash/compute obligations and valuation optics. Google plans to invest up to $40 billion in Anthropic, Bloomberg reports

Insider Activity at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $303.41, for a total transaction of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares of the company's stock, valued at approximately $1,405,091.71. This trade represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,037,294 shares of company stock worth $94,216,897. 11.64% of the stock is currently owned by corporate insiders.

Alphabet Stock Performance

GOOGL opened at $344.40 on Friday. The company has a market capitalization of $4.17 trillion, a price-to-earnings ratio of 31.86, a P/E/G ratio of 2.10 and a beta of 1.12. The business's 50-day moving average price is $309.30 and its two-hundred day moving average price is $304.57. Alphabet Inc. has a 1 year low of $147.84 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 posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Equities analysts expect that Alphabet Inc. will post 11.53 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on GOOGL shares. Piper Sandler reiterated an "overweight" rating and set a $395.00 target price (up from $365.00) on shares of Alphabet in a report on Thursday, February 5th. New Street Research increased their price target on Alphabet from $330.00 to $380.00 and gave the stock a "buy" rating in a report on Tuesday, February 10th. China Renaissance raised their price target on Alphabet from $330.00 to $400.00 and gave the stock a "buy" rating in a research report on Friday, February 6th. Citizens Jmp reiterated a "market outperform" rating and set a $385.00 price objective on shares of Alphabet in a report on Monday, April 13th. Finally, President Capital boosted their price objective on Alphabet from $323.00 to $375.00 and gave the company a "buy" rating in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $369.67.

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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