Alphabet (NASDAQ:GOOGL) Price Target Raised to $225.00

Alphabet (NASDAQ:GOOGL) had its target price raised by Wedbush from $200.00 to $225.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an outperform rating on the information services provider’s stock. Wedbush also issued estimates for Alphabet’s Q3 2025 earnings at $2.29 EPS, Q4 2025 earnings at $2.49 EPS, FY2025 earnings at $9.55 EPS and FY2026 earnings at $9.75 EPS.

A number of other equities analysts have also recently issued reports on GOOGL. KeyCorp upped their price target on shares of Alphabet from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday. Susquehanna dropped their target price on shares of Alphabet from $225.00 to $220.00 and set a “positive” rating on the stock in a research note on Friday, April 25th. DA Davidson cut their price target on shares of Alphabet from $200.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. BMO Capital Markets boosted their price objective on shares of Alphabet from $208.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Rosenblatt Securities upped their price objective on Alphabet from $189.00 to $191.00 and gave the company a “neutral” rating in a research report on Thursday. Ten analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $211.32.

Alphabet Trading Up 0.5%

NASDAQ:GOOGL opened at $193.18 on Thursday. The firm has a market capitalization of $2.34 trillion, a P/E ratio of 20.57, a PEG ratio of 1.33 and a beta of 1.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.77. Alphabet has a one year low of $140.53 and a one year high of $207.05. The company’s 50-day simple moving average is $175.77 and its 200 day simple moving average is $172.93.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. Alphabet had a return on equity of 34.31% and a net margin of 31.12%. The company had revenue of $76.49 billion during the quarter, compared to analyst estimates of $89.30 billion. During the same quarter last year, the company earned $1.89 EPS. As a group, analysts forecast that Alphabet will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Monday, September 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.95%.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 400 shares of the business’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $181.98, for a total value of $72,792.00. Following the completion of the sale, the director directly owned 6,013 shares of the company’s stock, valued at $1,094,245.74. The trade was a 6.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $184.38, for a total transaction of $5,992,350.00. Following the completion of the transaction, the chief executive officer owned 2,527,392 shares in the company, valued at $466,000,536.96. This represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 249,409 shares of company stock worth $43,523,710 over the last quarter. Company insiders own 11.64% of the company’s stock.

Institutional Trading of Alphabet

Several institutional investors and hedge funds have recently modified their holdings of GOOGL. Kellett Wealth Advisors LLC grew its holdings in Alphabet by 17.3% during the 2nd quarter. Kellett Wealth Advisors LLC now owns 4,219 shares of the information services provider’s stock worth $744,000 after acquiring an additional 621 shares in the last quarter. Community Bank N.A. boosted its stake in shares of Alphabet by 2.4% during the second quarter. Community Bank N.A. now owns 49,298 shares of the information services provider’s stock valued at $8,688,000 after purchasing an additional 1,146 shares in the last quarter. Heartland Bank & Trust Co boosted its stake in shares of Alphabet by 0.4% during the second quarter. Heartland Bank & Trust Co now owns 45,267 shares of the information services provider’s stock valued at $7,977,000 after purchasing an additional 184 shares in the last quarter. NorthRock Partners LLC increased its holdings in Alphabet by 7.9% during the second quarter. NorthRock Partners LLC now owns 128,956 shares of the information services provider’s stock valued at $22,726,000 after buying an additional 9,393 shares during the period. Finally, Verdence Capital Advisors LLC raised its stake in Alphabet by 3.0% in the second quarter. Verdence Capital Advisors LLC now owns 76,579 shares of the information services provider’s stock worth $13,495,000 after buying an additional 2,244 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.