Crestwood Advisors Group LLC Has $86.29 Million Stock Position in Alphabet Inc. $GOOG

Crestwood Advisors Group LLC cut its position in Alphabet Inc. (NASDAQ:GOOG) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 354,287 shares of the information services provider’s stock after selling 9,991 shares during the period. Alphabet accounts for approximately 1.5% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 12th biggest holding. Crestwood Advisors Group LLC’s holdings in Alphabet were worth $86,287,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GOOG. W.G. Shaheen & Associates DBA Whitney & Co grew its stake in Alphabet by 0.5% in the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 143,188 shares of the information services provider’s stock valued at $34,873,000 after acquiring an additional 702 shares during the period. NEOS Investment Management LLC raised its holdings in Alphabet by 50.5% during the third quarter. NEOS Investment Management LLC now owns 1,147,418 shares of the information services provider’s stock worth $279,454,000 after buying an additional 384,907 shares during the last quarter. Beacon Capital Management LLC raised its holdings in Alphabet by 6.4% during the third quarter. Beacon Capital Management LLC now owns 8,344 shares of the information services provider’s stock worth $2,032,000 after buying an additional 503 shares during the last quarter. Heartland Advisors Inc. bought a new position in shares of Alphabet in the third quarter valued at $542,000. Finally, Cassaday & Co Wealth Management LLC grew its holdings in shares of Alphabet by 1.9% during the third quarter. Cassaday & Co Wealth Management LLC now owns 33,697 shares of the information services provider’s stock valued at $8,207,000 after buying an additional 622 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $314.90 on Friday. The firm has a market capitalization of $3.81 trillion, a PE ratio of 29.13, a P/E/G ratio of 1.78 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average price of $320.95 and a two-hundred day moving average price of $278.92. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the business posted $2.15 earnings per share. Equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

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

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts and brokers have raised price targets and highlighted AI/cloud upside (UBS, Canaccord), citing Gemini adoption and generative‑AI capex that could add meaningful cloud revenue. UBS generative AI capex note
• Positive Sentiment: Alphabet committed to a major $15B America‑India Connect initiative and announced partnerships (Zillow, Sea) that expand Gemini/Cloud into verticals — positive for long‑term cloud/ads monetization and market reach. America-India Connect announcement
• Positive Sentiment: Notable institutional buying from hedge funds (e.g., Appaloosa/Tepper, Altimeter, Viking) signals conviction in Alphabet’s AI/Cloud thesis and can support the stock through execution milestones. Appaloosa increases stake
• Neutral Sentiment: Product demos (Gemini AI coach, music features) and consumer launches (Pixel device with AI features) improve user engagement and positioning but are not immediate revenue drivers. Gemini demo on CNBC
• Neutral Sentiment: Reported short‑interest data for February shows anomalies (zeros/NaN) and provides no clear bearish signal at present; treat the statistic cautiously until reconciled.
• Negative Sentiment: Insider selling: senior execs disclosed sizable sales (Sundar Pichai, John Kent Walker), which markets often view as a modest near‑term negative signal despite normal tax/liquidity reasons. Pichai sale filing Walker sale filing
• Negative Sentiment: Legal/IP risk: prosecutors have charged engineers in an alleged scheme to steal Google trade secrets and pass files abroad — reputational and security concerns that could invite regulatory scrutiny. Trade-secrets indictment
• Negative Sentiment: Execution/supply risks: DeepMind’s CEO warned that memory‑chip shortages constrain agentic AI research/deployment, which could slow rollout timing or raise costs for compute‑intensive initiatives. DeepMind chip shortage comments
• Negative Sentiment: Several institutional investors disclosed trims (Pershing Square, Longview, others). Broad portfolio rebalancing can weigh on near‑term sentiment even if longer‑term AI momentum remains. Pershing Square trim

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 target price on shares of Alphabet in a report on Thursday, January 15th. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, Scotiabank reissued an “outperform” rating and issued a $400.00 price target (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $343.90.

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 600 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the transaction, the director directly owned 20,624 shares in the company, valued at approximately $6,325,999.52. This represents a 2.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the sale, the chief executive officer owned 2,818,524 shares of the company’s stock, valued at $856,605,814.08. The trade was a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,112,482 shares of company stock valued at $119,145,289. 12.99% of the stock is currently owned by company insiders.

Alphabet Company 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.