Whalen Wealth Management Inc. Has $2.43 Million Position in Alphabet Inc. $GOOGL

Key Points

• Whalen Wealth Management reduced its stake in Alphabet by 21.5%, selling 2,127 shares to finish the quarter with 7,768 shares worth $2.43 million, equal to 1.3% of its portfolio and its 15th-largest holding.
• Major institutional investors continued to add to GOOGL—State Street, Capital World Investors, Capital Research and Invesco among them—leaving about 40.03% of the stock owned by institutional investors and hedge funds.
• Alphabet has near-term positives—Anthropic is expanding use of Google TPUs and Broadcom struck a multi-year deal, the company beat Q results ($2.82 EPS on $113.8B revenue) and pays a $0.21 quarterly dividend—while analysts hold a Moderate Buy consensus (avg. target ~$366.76) amid the competitive risk of Meta potentially surpassing Google in ad revenue in 2026.

Whalen Wealth Management Inc. reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 21.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,768 shares of the information services provider's stock after selling 2,127 shares during the quarter. Alphabet accounts for 1.3% of Whalen Wealth Management Inc.'s portfolio, making the stock its 15th largest position. Whalen Wealth Management Inc.'s holdings in Alphabet were worth $2,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of GOOGL. State Street Corp increased its position in Alphabet by 1.8% in 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 period. Capital World Investors raised its position in shares of 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 period. Capital Research Global Investors raised its position in shares of 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 period. Invesco Ltd. raised its position in shares of 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 period. Finally, Legal & General Group Plc raised its stake in shares of Alphabet by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider's stock valued at $9,541,877,000 after purchasing an additional 392,547 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic is expanding its partnership with Broadcom and Alphabet to use custom AI chips (while still using Nvidia for some training) — a direct endorsement of Google’s TPU and cloud AI stack that could boost TPU sales and cloud AI revenue. Did Anthropic, Alphabet, and Broadcom Just Say Checkmate to Nvidia?
• Positive Sentiment: Broadcom’s long-term deal with Google (through 2031 and future TPU generations) eases investor worries about Google switching chip suppliers and supports confidence in Google’s AI infrastructure roadmap. Broadcom deal with Google signals stronger AI demand but long-term risks remain: UBS
• Positive Sentiment: Market commentary and stock-movement coverage (Zacks) show GOOGL outpacing the broader market today and being upgraded within Zacks’ ranks — reinforcing momentum and short‑term buying interest. What Makes Alphabet (GOOGL) a New Buy Stock
• Positive Sentiment: Apple/Alphabet comparisons and buy-side interest from large allocators (e.g., increases reported in some hedge fund filings) are drawing capital inflows — notable for liquidity and sentiment. Stanley Druckenmiller Made 1 Huge Bet...
• Positive Sentiment: Google is funding AI training programs for U.S. manufacturing workers — a small near-term spend but a constructive signal on enterprise adoption and broader AI ecosystem engagement. Google partners on AI training for thousands of American manufacturing workers
• Neutral Sentiment: Analyst price targets are mixed: some firms reaffirm or raise targets (examples up to $420), others trim theirs (e.g., Stifel to $387, Wolfe to $360) — keeps analyst-driven volatility possible but no consensus shock. Stifel adjusts price target on Alphabet Price Target Raised to $420
• Neutral Sentiment: Startup fundraising and AI ecosystem activity (e.g., Primepoint’s $10M seed round) indicate healthy AI innovation but are peripheral to Alphabet’s core fundamentals. Primepoint Closes $10M Seed Round
• Negative Sentiment: Industry reports (eMarketer/WSJ/Reuters) project Meta overtaking Google as the top digital-ad company by net revenue in 2026 — a clear competitive risk that could pressure Alphabet’s ad-growth narrative and multiple over time. Meta poised to surpass Google in digital ad revenue

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a research report on Sunday. Deutsche Bank Aktiengesellschaft lifted their target price on Alphabet from $370.00 to $390.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. KeyCorp set a $370.00 price target on Alphabet and gave the company an "overweight" rating in a research note on Thursday, February 5th. Bank of America boosted their price target on Alphabet from $335.00 to $370.00 and gave the company a "buy" rating in a research note on Tuesday, January 13th. Finally, Canaccord Genuity Group set a $415.00 target price on Alphabet in a research report on Thursday, February 5th. 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's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $366.76.

Alphabet Stock Performance

Alphabet stock opened at $321.39 on Tuesday. The business has a 50 day moving average of $306.41 and a 200-day moving average of $299.57. 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. The company has a market capitalization of $3.89 trillion, a P/E ratio of 29.73, a P/E/G ratio of 1.95 and a beta of 1.12.

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

Alphabet Announces Dividend

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

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director owned 18,418 shares in the company, valued at $5,580,469.82. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the sale, the director owned 4,631 shares in the company, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,068,744 shares of company stock valued at $104,505,914. Corporate insiders own 11.64% 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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