BCS Wealth Management Trims Holdings in Alphabet Inc. $GOOGL

BCS Wealth Management lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 39.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,359 shares of the information services provider’s stock after selling 2,226 shares during the period. BCS Wealth Management’s holdings in Alphabet were worth $817,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new position in shares of Alphabet during the 2nd quarter valued at about $31,000. CarsonAllaria Wealth Management Ltd. raised its stake in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after purchasing an additional 67 shares during the period. Corsicana & Co. acquired a new position in Alphabet in the 3rd quarter valued at about $54,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares during the period. Finally, S&T Bank PA increased its holdings in shares of Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after buying an additional 99 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

Alphabet Stock Performance

NASDAQ GOOGL opened at $330.00 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market cap of $3.98 trillion, a P/E ratio of 32.54, a P/E/G ratio of 1.84 and a beta of 1.08. The stock has a 50-day moving average of $311.33 and a two-hundred day moving average of $254.30. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $340.49.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 17,829 shares of the 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 completion of the sale, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 189,909 shares of company stock worth $57,927,282 over the last 90 days. Corporate insiders own 11.64% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Arete Research upped their price target on Alphabet from $300.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Rosenblatt Securities increased their price target on Alphabet from $224.00 to $279.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. DA Davidson restated a “neutral” rating and issued a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Finally, Mizuho set a $365.00 target price on shares of Alphabet and gave the company an “outperform” rating in a research report on Friday, January 9th. Three research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average target price of $326.31.

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.