Daymark Wealth Partners LLC Has $76.85 Million Stock Position in Alphabet Inc. $GOOGL

Daymark Wealth Partners LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 316,124 shares of the information services provider’s stock after buying an additional 9,611 shares during the quarter. Alphabet makes up approximately 2.6% of Daymark Wealth Partners LLC’s holdings, making the stock its 6th largest holding. Daymark Wealth Partners LLC’s holdings in Alphabet were worth $76,850,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. State Street Corp lifted its position in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its stake in shares of Alphabet by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after purchasing an additional 4,224,497 shares during the last quarter. Norges Bank acquired a new stake in shares of Alphabet during the 2nd quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. raised its stake in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after buying an additional 503,306 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Down 0.0%

NASDAQ:GOOGL opened at $335.84 on Thursday. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49. The stock has a 50-day moving average price of $309.35 and a two-hundred day moving average price of $252.67. The stock has a market cap of $4.05 trillion, a price-to-earnings ratio of 33.12, a PEG ratio of 1.85 and a beta of 1.08. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. As a group, equities analysts expect 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, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is presently 8.28%.

Wall Street Analyst Weigh In

GOOGL has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $340.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. BNP Paribas began coverage on Alphabet in a research report on Monday, November 24th. They issued an “outperform” rating and a $355.00 price target on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on Alphabet from $260.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Wells Fargo & Company reissued a “positive” rating and issued a $350.00 target price (up previously from $268.00) on shares of Alphabet in a research note on Monday. Finally, CIBC raised their target price on Alphabet to $315.00 in a report on Monday, October 20th. Three analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.31.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major strategic wins for Gemini — Apple has chosen Google’s Gemini as the foundation for next‑generation Siri and broader device integrations, giving Alphabet unmatched distribution and a potential licensing revenue stream that underpins the recent rally. Why Apple Chose Google to Power the Future of AI
• Positive Sentiment: Product commercialization accelerating — Google launched a Personal Intelligence beta in the Gemini app (and is rolling Gemini features into Gmail), signaling faster product rollouts and clearer paths to monetize AI across Google’s services. Google launches Personal Intelligence in Gemini app
• Positive Sentiment: Analyst upgrades and valuation milestone — Alphabet surpassed a $4 trillion market cap and received buy‑side bullishness (including a Bank of America price target raise), which supports further multiple expansion and momentum chasing. Alphabet Tops $4 Trillion Valuation
• Neutral Sentiment: Supply chain / hardware moves — Reports Google will develop and manufacture high‑end phones in Vietnam this year; long term this can diversify supply chains but it’s early and capex/timing make the near‑term impact modest. Google to develop, manufacture smartphones in Vietnam
• Neutral Sentiment: Sector dynamics — Articles on data‑infrastructure winners (e.g., Pure Storage) and Microsoft’s retail AI moves highlight rising demand for data centers and competition across the AI stack; these trends are broadly supportive for Alphabet’s cloud/AI TAM but also signal intensifying competition and higher capital intensity. Best Growth Stocks to Buy in 2026
• Negative Sentiment: Power and grid bottlenecks — Google executives say U.S. electrical transmission constraints and decade‑plus wait times to connect new data centers are the biggest obstacle to scaling, which could slow capacity expansion and raise deployment/capex risk. Google says US transmission system is biggest challenge
• Negative Sentiment: App‑store / reputational pressure — A coalition is urging Google to remove X and Grok from app stores, creating potential regulatory/PR friction around content moderation and platform responsibilities that could lead to policy scrutiny or compliance costs. Women’s groups call on Apple, Google to drop X and Grok

Insider Activity

In related news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at approximately $662,526,494.12. The trade was a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 189,309 shares of company stock worth $57,724,770 over the last quarter. 11.64% of the stock is currently owned by company insiders.

Alphabet 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.