Fulton Bank N.A. Has $32.86 Million Stock Position in Alphabet Inc. $GOOGL

Fulton Bank N.A. lowered its position in Alphabet Inc. (NASDAQ:GOOGL) by 11.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,983 shares of the information services provider’s stock after selling 13,924 shares during the period. Alphabet comprises 1.1% of Fulton Bank N.A.’s holdings, making the stock its 21st largest position. Fulton Bank N.A.’s holdings in Alphabet were worth $32,860,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Alphabet in the second quarter worth about $21,944,208,000. Berkshire Hathaway Inc bought a new position in shares of Alphabet during the 3rd quarter valued at about $4,338,397,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Alphabet by 17,667.7% during 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 purchasing an additional 15,159,273 shares in the last quarter. Capital World Investors grew its position in shares of Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Finally, Franklin Resources Inc. grew its position in shares of Alphabet by 51.7% in 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 purchasing an additional 10,843,853 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI/product traction: Analysts note Alphabet’s AI-powered Search and Gemini engagement are picking up, supporting longer-term revenue upside from search and cloud monetization. Alphabet Relies on AI to Boost Search Growth: More Upside Ahead?
• Positive Sentiment: Analyst/upside support: MarketBeat and other brokers have been upgrading GOOGL and lifting price targets (consensus targets imply material upside), and Erste Group nudged FY26–27 EPS estimates higher — a tailwind for sentiment beyond short-term noise. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026
• Neutral Sentiment: Product breakthrough vs. market noise: Google’s TurboQuant/compression research (claims of big memory reductions for LLMs) is a technical win for Google’s AI efficiency but has sparked volatility in semiconductor/memory names and some ETF flows — ambiguous near-term impact for GOOGL equity. A Google AI breakthrough is pressuring memory chip stocks from Samsung to Micron
• Neutral Sentiment: ETF and positioning flows: New ETFs and covered-call strategies (e.g., JUDO) are reallocating into/away from AI and semiconductor exposures; this can amplify short-term moves but doesn’t change Alphabet’s underlying fundamentals. Nvidia, Alphabet, Microsoft Power New JUDO ETF — Can Covered Calls Supercharge Returns?
• Negative Sentiment: Landmark legal risk: A Los Angeles jury found YouTube (Alphabet) liable in a youth social-media addiction case, awarding compensatory damages and opening the door to broader litigation and regulatory scrutiny — a clear catalyst for selling pressure on big-tech names. US jury verdicts against Meta, Google tee up fight over tech liability shield
• Negative Sentiment: Technical/flow-driven weakness: The stock has broken key support levels and entered a correction phase, which amplifies downward momentum as quant/technical selling and option activity kick in. Alphabet Has Fallen 16% From Its Highs: Panic or Opportunity?
• Negative Sentiment: Regulatory/management churn in key markets: Google’s top India counsel resigned amid regulatory pressure, underscoring execution and policy risks in a major growth market. Google top India counsel quits in latest departure amid regulatory hurdles, sources say
• Negative Sentiment: Cost pressure risk: Geopolitical-driven energy price spikes raise near-term concerns about higher operating costs for energy-intensive AI/data-center operations. Why Alphabet (GOOGL) Shares Are Falling Today

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 112 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the transaction, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the transaction, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. Insiders own 11.64% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on GOOGL shares. Robert W. Baird raised their target price on shares of Alphabet from $375.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Moffett Nathanson upped their price target on shares of Alphabet from $305.00 to $350.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Argus increased their price objective on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Jefferies Financial Group raised their price objective on shares of Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

Alphabet Trading Down 3.5%

Alphabet stock opened at $280.86 on Friday. The company has a market cap of $3.40 trillion, a price-to-earnings ratio of 25.98, a P/E/G ratio of 1.70 and a beta of 1.10. The firm has a 50-day moving average of $314.18 and a 200-day moving average of $294.34. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $111.24 billion. On average, equities analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Company 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.