Alphabet (NASDAQ:GOOGL) Given New $375.00 Price Target at President Capital

Alphabet (NASDAQ:GOOGL) had its target price increased by President Capital from $323.00 to $375.00 in a research note published on Tuesday morning,MarketScreener reports. The firm currently has a buy rating on the information services provider’s stock.

GOOGL has been the topic of several other research reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a research note on Monday. Needham & Company LLC upped their target price on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Evercore reiterated an “outperform” rating and issued a $400.00 target price (up previously from $325.00) on shares of Alphabet in a report on Thursday, February 5th. DA Davidson boosted their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Guggenheim reissued a “buy” rating and issued a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $359.44.

Alphabet Price Performance

NASDAQ GOOGL opened at $318.57 on Tuesday. The business’s fifty day moving average is $321.85 and its 200 day moving average is $273.11. 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 has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The company has a market capitalization of $3.84 trillion, a PE ratio of 29.47, a price-to-earnings-growth ratio of 1.78 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 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 company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Sell-side analysts predict that Alphabet will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Insider Activity

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This represents a 19.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total value of $10,383,750.00. Following the completion of the sale, the chief executive officer directly owned 2,272,119 shares of the company’s stock, valued at $725,942,020.50. The trade was a 1.41% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,067,686 shares of company stock worth $105,352,291. Insiders own 11.55% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Alphabet by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after buying an additional 12,531,695 shares during the last quarter. State Street Corp lifted its stake in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Alphabet by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after acquiring an additional 2,666,676 shares during the last quarter. Norges Bank acquired a new stake in shares of Alphabet in the second quarter worth $21,944,208,000. Finally, Capital World Investors increased its stake in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts boosted targets and reiterated buys, supporting upside case for growth from AI and cloud — Daiwa lifted its target to $380 and President Capital lifted its target as well. Daiwa raises price target on Alphabet
• Positive Sentiment: EU granted unconditional antitrust approval for Google’s $32B acquisition of Wiz, removing a major regulatory obstacle for the company’s largest deal and supporting cloud/security growth expectations. EU clears Wiz acquisition
• Positive Sentiment: Waymo expanded fully autonomous service in Nashville, signaling progress in commercializing a core long-term growth area beyond advertising. Waymo goes fully autonomous
• Neutral Sentiment: Alphabet increased the size of a multi-part debt sale (reports say the raise topped $30B) as demand strengthened — provides funding for AI infrastructure but raises questions about capital structure and long-duration liabilities. Alphabet boosts debt sale above $30B
• Neutral Sentiment: Company offered voluntary exit packages to some business-unit employees — could reduce costs but also reflects strategic reorganization and execution risk. Google offers buyouts to some staff
• Negative Sentiment: Report that Google handed personal and financial data on a student/journalist to ICE (via subpoena not approved by a judge) raises privacy/regulatory and reputational risk. Google sent student data to ICE
• Negative Sentiment: European Publishers Council filed an EU antitrust complaint about Google’s AI Overviews, adding regulatory pressure around search/AI monetization. Publishers file antitrust complaint
• Negative Sentiment: Autodesk sued Google over alleged trademark infringement for AI video tools and other legal skirmishes/consumer-safety litigation are piling up — added litigation risk. Autodesk sues Google
• Negative Sentiment: High-profile critics and some investors flagged Alphabet’s century‑long debt issuance as worrisome; public comments (e.g., Michael Burry posts) add negative market sentiment. Michael Burry warns on Google

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.