EverSource Wealth Advisors LLC Buys 3,185 Shares of Alphabet Inc. $GOOGL

EverSource Wealth Advisors LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 104,019 shares of the information services provider’s stock after acquiring an additional 3,185 shares during the quarter. Alphabet comprises 1.0% of EverSource Wealth Advisors LLC’s holdings, making the stock its 23rd largest holding. EverSource Wealth Advisors LLC’s holdings in Alphabet were worth $25,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its position in Alphabet by 12.4% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 14,546 shares of the information services provider’s stock valued at $3,536,000 after purchasing an additional 1,600 shares during the period. Fortis Capital Management LLC lifted its position in shares of Alphabet by 21.9% in the 3rd quarter. Fortis Capital Management LLC now owns 12,914 shares of the information services provider’s stock worth $3,139,000 after purchasing an additional 2,316 shares during the period. Pollock Investment Advisors LLC acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $705,000. Transatlantique Private Wealth LLC boosted its stake in shares of Alphabet by 6.3% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 29,993 shares of the information services provider’s stock valued at $7,291,000 after purchasing an additional 1,781 shares during the last quarter. Finally, Sound View Wealth Advisors Group LLC boosted its stake in shares of Alphabet by 2.4% in the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 49,866 shares of the information services provider’s stock valued at $12,122,000 after purchasing an additional 1,188 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Daiwa Securities Group lifted their target price on shares of Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Barclays reiterated an “overweight” rating and set a $360.00 price target (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. DZ Bank reissued a “buy” rating on shares of Alphabet in a research report on Monday, February 16th. Finally, Needham & Company LLC boosted their price objective on Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst and media coverage highlighting Alphabet’s AI progress and market outperformance helped lift sentiment — multiple headlines noted the stock outpaced the market and framed Google as a top AI investment. Alphabet (GOOGL) Exceeds Market Returns: Some Facts to Consider
• Positive Sentiment: Buy-side and retail commentary continues to position Alphabet as a core AI play (search monetization + enterprise AI/Gemini), supporting the rally and investor willingness to re-rate growth expectations. You Don’t Need Polymarket to Make a Winning Bet. Just Buy This AI Stock.
• Neutral Sentiment: Small-cap AI infrastructure startup news (Crafting) and other ecosystem activity remind investors that AI innovation is broadening, but these announcements have limited direct near-term impact on Alphabet’s fundamentals. Crafting Announces General Availability of Crafting for Agents and $5.5M Seed Round
• Neutral Sentiment: Reported short-interest figures are effectively zero in the recent snapshot (odd data point), meaning short squeezes look unlikely to be a direct driver right now.
• Negative Sentiment: Insider selling by Alphabet’s CEO — a disclosed sale of roughly $9.86M — can weigh on sentiment and is being noted by market participants as a near-term negative catalyst. Insider Selling: Alphabet (NASDAQ:GOOGL) CEO Sells $9,859,850.00 in Stock
• Negative Sentiment: Competitive pressure from Microsoft’s aggressive AI/cloud positioning (Anthropic/OpenAI partnerships, Azure demand) is a reigning concern for investors who weigh enterprise cloud share and model-agnostic infrastructure as a risk to Alphabet’s cloud/AI monetization runway.

Alphabet Trading Up 2.6%

GOOGL opened at $306.36 on Tuesday. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.71 trillion, a P/E ratio of 28.34, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. The company has a fifty day moving average price of $319.79 and a two-hundred day moving average price of $287.62.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Analysts predict 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 will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. 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 7.77%.

Insider Transactions at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total value of $10,439,325.00. Following the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,112,493 shares of company stock valued at $118,605,094 in the last 90 days. Corporate insiders own 11.55% of the company’s 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.