PFG Private Wealth Management LLC Has $1.62 Million Position in Alphabet Inc. $GOOG

PFG Private Wealth Management LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG) by 375.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,650 shares of the information services provider’s stock after acquiring an additional 5,250 shares during the period. PFG Private Wealth Management LLC’s holdings in Alphabet were worth $1,620,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Tradewinds LLC. raised its position in shares of Alphabet by 2,134.8% in the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after purchasing an additional 43,080 shares during the period. Atlantic Union Bankshares Corp raised its holdings in Alphabet by 31.3% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after acquiring an additional 84,553 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Alphabet by 1.4% during the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock worth $30,160,000 after acquiring an additional 2,304 shares in the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after acquiring an additional 3,444 shares during the period. Finally, American National Bank of Texas bought a new position in shares of Alphabet in the third quarter worth $900,000. 27.26% of the stock is currently owned by institutional investors.

Alphabet Stock Down 1.0%

Shares of NASDAQ:GOOG opened at $302.82 on Wednesday. The firm has a market capitalization of $3.66 trillion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10. 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 Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The firm has a fifty day moving average of $321.41 and a 200 day moving average of $277.73.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.15 earnings per share. As a group, research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is 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%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O set for May 19–20; company is widely expected to unveil its first smart AI glasses later in 2026 — a new hardware/AI catalyst that could expand monetization and ecosystem stickiness. Read More.
• Positive Sentiment: Google Cloud momentum remains a growth engine — recent reports highlight ~48% cloud revenue growth and expanding backlog, supporting upside to long‑term revenue and enterprise AI demand. Read More.
• Positive Sentiment: Large institutional buyers also showed conviction — Royal Bank of Canada added materially (~21% increase) to its GOOGL position in recent 13F filings. Read More.
• Neutral Sentiment: Waymo faced congressional scrutiny over remote assistance but defended its practices and said remote agents haven’t been used to move robotaxis on public roads — regulatory risk remains watchable but not immediate earnings pressure. Read More.
• Neutral Sentiment: Some analysts and outlets are cautious/neutral on near‑term upside (Monness and others maintain neutral views), reflecting profit‑taking after a strong run. Read More.
• Negative Sentiment: Multiple high‑profile investors trimmed GOOGL in recent 13F filings — notable reductions include Ameriprise, First Pacific Advisors, Northern Trust and Veritas, signaling institutional rebalancing that can add selling pressure. Read More. Read More.
• Negative Sentiment: High‑profile managers also signaled reduced exposure — Bill Ackman trimmed his Alphabet position and Terry Smith reportedly cut his stake roughly in half, a negative sentiment signal for momentum investors. Read More. Read More.
• Negative Sentiment: MarketBeat and other commentary point to short‑term selling tied to expected heavy CapEx (AI compute & data center buildout) and broader software/tech rotation — investors are treating higher capex guidance as a near‑term earnings/valuation headwind despite long‑term upside. Read More.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GOOG. Wedbush reissued an “outperform” rating and set a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group increased their price target on shares of Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. Rosenblatt Securities set a $279.00 target price on shares of Alphabet in a report on Thursday, October 30th. Finally, Wolfe Research increased their target price on shares of Alphabet from $290.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $343.90.

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the transaction, the chief executive officer owned 2,179,372 shares in the company, valued at approximately $730,481,906.96. The trade was a 1.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,032,408 shares of company stock worth $94,926,707. Corporate insiders own 12.99% of the company’s stock.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.