Peak Retirement Planning Inc. raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 16.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,764 shares of the information services provider’s stock after purchasing an additional 1,792 shares during the period. Alphabet accounts for about 0.9% of Peak Retirement Planning Inc.’s holdings, making the stock its 20th largest holding. Peak Retirement Planning Inc.’s holdings in Alphabet were worth $3,103,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Parker Investment Management LLC lifted its stake in Alphabet by 3.8% in the third quarter. Parker Investment Management LLC now owns 224,311 shares of the information services provider’s stock worth $54,530,000 after acquiring an additional 8,167 shares during the period. Cooper Haims Advisors LLC raised its holdings in Alphabet by 1.7% in the 3rd quarter. Cooper Haims Advisors LLC now owns 3,464 shares of the information services provider’s stock worth $842,000 after purchasing an additional 59 shares in the last quarter. Money Concepts Capital Corp lifted its position in shares of Alphabet by 13.0% in the 3rd quarter. Money Concepts Capital Corp now owns 10,709 shares of the information services provider’s stock worth $2,603,000 after purchasing an additional 1,230 shares during the period. Atlantic Union Bankshares Corp boosted its stake in shares of Alphabet by 3.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 277,974 shares of the information services provider’s stock valued at $67,576,000 after purchasing an additional 9,336 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at about $204,000. Institutional investors own 40.03% of the company’s stock.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud reported a 48% year‑over‑year revenue surge, highlighting strong enterprise demand and accelerating monetization of AI — a major fundamental tailwind for long‑term revenue growth. Google (GOOGL) Cloud Revenue Just Surged 48% And May Have Delivered Knockout Blow To OpenAI
- Positive Sentiment: Some analysts remain constructive — a recent note set a $348 price target for Google, signaling analyst confidence that the pullback could be temporary and implying meaningful upside from current levels. Analysts Set $348 Target for Google After February Dip
- Positive Sentiment: DZ Bank reiterated a “buy” rating, adding institutional endorsement to the view that Alphabet’s AI and cloud investments justify a buy‑and‑hold stance. Alphabet C: DZ Bank Reiterates Its ‘Buy’ Rating
- Neutral Sentiment: MarketBeat frames the recent share pullback as a potential buying opportunity: fundamentals (ad/search strength, cloud momentum, Gemini user growth) remain intact, but technical/support levels near $300–$280 will be watched for confirmation. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
- Neutral Sentiment: Alphabet leadership (CEO Sundar Pichai) is scheduled to attend a major AI summit in India alongside other industry CEOs — visibility at the event supports long‑term strategic positioning but is unlikely to move near‑term stock direction by itself. Huang and Pichai among tech CEOs heading to India for major AI summit in a key market
- Neutral Sentiment: Reported short‑interest data in February is noisy/ambiguous (reported as zero/inconsistent), so there’s no clear sign that a significant short‑squeeze dynamic is influencing today’s move.
- Negative Sentiment: U.K. officials announced tougher online‑safety rules aimed at protecting children that could increase compliance costs and constrain how chatbots and AI products are deployed in Europe — a regulatory risk for AI product rollout and monetization. AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
- Negative Sentiment: Competitive product launches (e.g., Claude Cowork) have been cited in some coverage as a short‑term headwind for sentiment, dragging shares as investors assess market share and monetization risks for Gemini vs. rival models. 1 Artificial Intelligence (AI) Stock Investors Are Buying on the Dip
Insiders Place Their Bets
Alphabet Trading Down 1.1%
NASDAQ:GOOGL opened at $305.72 on Tuesday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The stock has a market cap of $3.70 trillion, a price-to-earnings ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.09. The company’s 50 day moving average price is $321.03 and its 200-day moving average price is $276.31. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $111.24 billion. On average, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Wall Street Analysts Forecast Growth
Several analysts have commented on GOOGL shares. Robert W. Baird raised their price objective on shares of Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Argus increased their target price on Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Citic Securities lifted their price target on Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Canadian Imperial Bank of Commerce increased their price objective on Alphabet to $315.00 in a report on Monday, October 20th. Finally, Daiwa Securities Group boosted their target price on shares of Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus price target of $361.64.
View Our Latest Stock Report on GOOGL
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.
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