Everhart Financial Group Inc. Acquires 2,520 Shares of Alphabet Inc. $GOOGL

Everhart Financial Group Inc. increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 7.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 36,688 shares of the information services provider’s stock after buying an additional 2,520 shares during the quarter. Alphabet accounts for approximately 0.9% of Everhart Financial Group Inc.’s portfolio, making the stock its 17th largest holding. Everhart Financial Group Inc.’s holdings in Alphabet were worth $8,919,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in GOOGL. Norges Bank purchased a new position in shares of Alphabet during the 2nd quarter valued at $21,944,208,000. Laurel Wealth Advisors LLC raised its holdings in shares of Alphabet by 17,667.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after acquiring an additional 15,159,273 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Alphabet by 51.7% during the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after acquiring an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Alphabet by 1.3% during 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Alphabet by 201.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after purchasing an additional 4,374,542 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Stock Down 1.1%

Shares of GOOGL opened at $305.72 on Friday. The company’s 50-day simple moving average is $321.19 and its 200-day simple moving average is $274.95. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The stock has a market capitalization of $3.69 trillion, a PE ratio of 28.28, a P/E/G ratio of 1.79 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 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. Analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Insider Buying and Selling

In other news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the sale, the director owned 21,224 shares in the company, valued at approximately $7,163,524.48. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. The trade was a 8.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,067,086 shares of company stock valued at $105,184,255 in the last 90 days. Company insiders own 11.64% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and AI/cloud growth — Alphabet exceeded EPS and revenue expectations, Cloud revenue jumped ~48% and backlog expanded materially, supporting longer-term revenue and monetization from AI products. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Positive Sentiment: Analyst optimism — Several firms raised price targets on GOOGL (noted lifts to $375 and $380), reflecting continued confidence in growth and upside vs. the recent pullback. Price Target Raised to $375 Price Target Raised to $380
• Positive Sentiment: Waymo expansion — Waymo is deploying next‑gen Ojai robotaxis and using gig workers for door-closing operations, signaling commercial progress in autonomous mobility (long-term revenue optionality). Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Strong bond demand—but guardrails questioned — Alphabet’s recent global bond sale drew very strong demand (underscoring investor confidence), while commentary noted limited contractual protections for bondholders on a long‑dated issuance. This is liquidity/market-confidence positive but raises structural concerns for fixed‑income holders. Alphabet bonds’ lack of guardrails highlights investor confidence
• Neutral Sentiment: Century‑bond debate — Heavy demand for a 100‑year sterling bond signals long-duration appetite (positive for funding flexibility) but prompts caution about untested long‑dated issuance. Why Alphabet’s 100-year sterling bond is raising new fears Bond investors are betting on another 100 years of Google
• Neutral Sentiment: Short‑interest data appears unreliable — Reports show sudden increases but list zero shares and NaN changes (likely a data glitch); not a confirmed signal of rising short pressure. (internal short‑interest entries)
• Negative Sentiment: EU antitrust probe into search ad auctions — European regulators are investigating Google’s ad-auction practices and pricing, which could lead to fines, operational constraints in Europe, or forced changes to ad platform mechanics. Google targeted by EU over its search advertising auction practices Google hit by fresh EU antitrust probe
• Negative Sentiment: CapEx and AI arms‑race fears — Alphabet’s large 2026 CapEx outlook (~$175–185B) and the broader AI infrastructure spend among hyperscalers have raised investor concern about free‑cash‑flow strain and near‑term margin/return pressures; that theme contributed to short‑term selling after earnings. Alphabet Drops 7% Post Q4 Earnings Mag 7 AI Arms Race: Heavy CapEx, FCF Strain
• Negative Sentiment: Broader tech weakness — Coverage notes that several mega‑cap tech names have softened (Magnificent Seven pressure), which amplifies selloffs in high‑multiple names like GOOGL even when fundamentals remain strong. Amazon Joins Microsoft in Bear Market

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GOOGL. Raymond James Financial upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday, January 22nd. CICC Research boosted their price target on shares of Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Rosenblatt Securities raised their price objective on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. restated a “buy” rating on shares of Alphabet in a research report on Monday, February 9th. Finally, Oppenheimer boosted their price objective on Alphabet from $270.00 to $300.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $361.64.

About Alphabet

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.