Alphabet Inc. $GOOGL is Dakota Wealth Management’s 7th Largest Position

Dakota Wealth Management raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 265,452 shares of the information services provider’s stock after acquiring an additional 35,309 shares during the quarter. Alphabet makes up approximately 1.5% of Dakota Wealth Management’s holdings, making the stock its 7th largest position. Dakota Wealth Management’s holdings in Alphabet were worth $83,087,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GOOGL. Lifelong Wealth Advisors Inc. boosted its position in shares of Alphabet by 1.9% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock valued at $541,000 after purchasing an additional 33 shares in the last quarter. Quantum Financial Advisors LLC raised its holdings in Alphabet by 0.3% in the fourth quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider’s stock worth $3,693,000 after purchasing an additional 34 shares in the last quarter. Delta Asset Management LLC TN raised its holdings in Alphabet by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock worth $1,496,000 after purchasing an additional 37 shares in the last quarter. Second Line Capital LLC lifted its position in Alphabet by 0.8% during the third quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider’s stock valued at $1,074,000 after buying an additional 37 shares during the period. Finally, Matisse Capital lifted its position in Alphabet by 0.3% during the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock valued at $3,601,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Raymond James Financial raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Citizens Jmp reissued a “market outperform” rating and set a $385.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Argus upped their price objective on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Arete Research raised their target price on shares of Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $368.06.

Alphabet Stock Performance

Shares of Alphabet stock opened at $297.39 on Thursday. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The firm’s 50-day moving average is $310.63 and its 200 day moving average is $295.97. The stock has a market cap of $3.60 trillion, a price-to-earnings ratio of 27.51, a PEG ratio of 1.76 and a beta of 1.12. 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 (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Sell-side analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors 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 dividend payout ratio (DPR) is 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo raised its price target to $397, citing growing opportunities to monetize Google Cloud — a direct positive for revenue growth and valuation expectations. Wells Fargo raises PT
• Positive Sentiment: Needham reiterated a Buy with a $400 target, reinforcing buy-side analyst conviction and supporting upside narratives for the stock. Needham reiterates Buy
• Positive Sentiment: Google launched Veo 3.1 Lite — a lower‑cost AI video model — which should accelerate adoption of Google’s video AI tools and expand addressable market for cloud AI services. Google unveils cheaper AI video model
• Positive Sentiment: Bloomberg/press reports that Google plans a screenless Fitbit band later this year — a small but positive product diversification play that could help hardware revenue and ecosystem engagement. Google readies screenless Fitbit
• Positive Sentiment: Several outlets highlight recent analyst upgrades and buy-side interest (including a MarketBeat feature listing Alphabet among core AI/cloud plays), reinforcing momentum into mega‑caps when market breadth favors growth. MarketBeat AI cloud list
• Neutral Sentiment: Zacks and Benzinga pieces note Alphabet outpaced the market and benefited from broad sector strength — helpful context but not a company-specific fundamental change. Zacks: Outpaced market
• Neutral Sentiment: Alphabet issued long‑dated debt (including a 100‑year tranche), a signal of financing flexibility and confidence in cash flows; bond activity is generally neutral for near‑term equity moves but relevant for capital structure. Alphabet taps debt markets
• Negative Sentiment: Billionaire Ray Dalio trimmed his Alphabet stake — a headline that can stoke short‑term selling or be read as portfolio rebalancing by large holders. Dalio reduces position
• Negative Sentiment: Child development experts petitioned Google to block AI‑generated videos aimed at kids and Indonesia summoned Google over child social‑media rules — regulatory and content‑risk headlines that could pressure YouTube monetization and increase moderation costs. Experts urge Google on AI videos Indonesia summons Google

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated 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 owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction that occurred 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 completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This represents a 78.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,092,234 shares of company stock valued at $112,487,971 over the last ninety days. Corporate insiders own 11.64% of the company’s stock.

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.