Thompson Investment Management Inc. Has $45.91 Million Stock Position in Alphabet Inc. $GOOGL

Thompson Investment Management Inc. trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,669 shares of the information services provider’s stock after selling 17,569 shares during the period. Alphabet comprises about 5.8% of Thompson Investment Management Inc.’s investment portfolio, making the stock its biggest position. Thompson Investment Management Inc.’s holdings in Alphabet were worth $45,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Kraft Davis & Associates LLC raised its position in shares of Alphabet by 9.0% during the fourth quarter. Kraft Davis & Associates LLC now owns 7,750 shares of the information services provider’s stock valued at $2,603,000 after buying an additional 640 shares during the last quarter. Enterprise Financial Services Corp grew its position in Alphabet by 1.8% during the fourth quarter. Enterprise Financial Services Corp now owns 24,535 shares of the information services provider’s stock worth $7,679,000 after buying an additional 433 shares in the last quarter. Conrad Siegel Investment Advisors Inc. increased its stake in Alphabet by 1.1% during the fourth quarter. Conrad Siegel Investment Advisors Inc. now owns 9,397 shares of the information services provider’s stock valued at $2,941,000 after acquiring an additional 99 shares during the period. Goelzer Investment Management Inc. increased its stake in Alphabet by 15.7% during the fourth quarter. Goelzer Investment Management Inc. now owns 12,466 shares of the information services provider’s stock valued at $3,902,000 after acquiring an additional 1,694 shares during the period. Finally, Nova R Wealth Inc. raised its holdings in Alphabet by 6.6% in the 4th quarter. Nova R Wealth Inc. now owns 4,443 shares of the information services provider’s stock valued at $1,391,000 after acquiring an additional 274 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GOOGL. Moffett Nathanson raised their price objective on Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Citizens Jmp restated a “market outperform” rating and set a $385.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp set a $370.00 target price on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, Daiwa Securities Group boosted their price target 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 assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.33.

Alphabet Price Performance

Alphabet stock opened at $295.77 on Friday. The business has a 50 day simple moving average of $309.29 and a 200 day simple moving average of $296.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market capitalization of $3.58 trillion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.81 and a beta of 1.12. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results 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. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. 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 is presently 7.77%.

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,101,844 shares of company stock worth $115,147,751 in the last quarter. 11.64% of the stock is owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive — Wells Fargo kept an overweight rating (while trimming targets), and other outlets highlight Buy/Outperform views that point to meaningful upside from cloud/AI monetization. Wells Fargo Raised the PT on Alphabet Inc (GOOGL), Maintains a Buy Rating
• Positive Sentiment: Product/efficiency wins: Google’s Gemma 4 and the TurboQuant algorithm reduce model memory needs and improve on‑device/model efficiency — strengthens competitive moat and could lower operating costs for AI services. Google’s Gemma 4 brings AI superpowers to your device Google’s TurboQuant Breakthrough Just Rewrote the AI Playbook
• Positive Sentiment: Fundamental/earnings confidence: coverage from Zacks and others flags Alphabet’s earnings growth and price strength as reasons to watch the stock heading into earnings season. Earnings Growth & Price Strength Make Alphabet (GOOGL) a Stock to Watch
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — notable departure to monitor but not an immediate earnings event. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Regulatory probe in Turkey: the Turkish Competition Board opened an investigation into Google’s advertising and billing practices — potential fines, business restrictions or remediation costs could hit ad revenue/operations in the region. Turkey launches investigation into Google over advertising, billing practices
• Negative Sentiment: Legal risk rises as Section 230 liability narrows: recent court losses for platforms (including YouTube/Google units) increase the probability of costly litigation and moderation compliance burdens. Meta, Google under attack as court cases bypass 30-year-old legal shield
• Negative Sentiment: Near‑term cash‑flow and capex concern: industry commentary warns that hyperscaler AI capex could push Google’s free cash flow toward zero next year — elevates execution and financing risk until monetization of AI investments scales. Semianalysis CEO: Google’s free cash flow will hit zero next year from AI capex
• Negative Sentiment: Operational/ESG risk from data‑center power strategy: reporting that hyperscalers (including Google) are building large natural‑gas plants to power AI centers raises reputational, regulatory and long‑term transition risks. AI companies are building huge natural gas plants to power data centers. What could go wrong?
• Negative Sentiment: Insider selling: an SEC filing shows a senior exec sold ~9k shares in late March — modest in dollar terms but can be read negatively by short‑term traders. Insider Selling: Alphabet (NASDAQ:GOOGL) Insider Sells 8,993 Shares of Stock

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.