Abner Herrman & Brock LLC Boosts Stock Position in Alphabet Inc. $GOOG

Abner Herrman & Brock LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 137,087 shares of the information services provider’s stock after acquiring an additional 12,192 shares during the period. Alphabet comprises about 4.4% of Abner Herrman & Brock LLC’s holdings, making the stock its 2nd largest holding. Abner Herrman & Brock LLC’s holdings in Alphabet were worth $43,018,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. ShankerValleau Wealth Advisors Inc. grew its holdings in Alphabet by 2.8% in the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 1,478 shares of the information services provider’s stock worth $464,000 after purchasing an additional 40 shares during the period. OMC Financial Services LTD lifted its holdings in shares of Alphabet by 2.1% during the fourth quarter. OMC Financial Services LTD now owns 4,428 shares of the information services provider’s stock valued at $1,389,000 after purchasing an additional 92 shares during the last quarter. Avior Wealth Management LLC boosted its position in shares of Alphabet by 5.4% in the 4th quarter. Avior Wealth Management LLC now owns 45,256 shares of the information services provider’s stock worth $14,201,000 after purchasing an additional 2,338 shares in the last quarter. Freedom Financial Partners LLC purchased a new position in Alphabet during the fourth quarter valued at $259,000. Finally, Doliver Advisors LP boosted its holdings in Alphabet by 4.5% in the fourth quarter. Doliver Advisors LP now owns 29,695 shares of the information services provider’s stock worth $9,318,000 after acquiring an additional 1,282 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch “Health100” using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $298.79 on Friday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The business has a 50-day simple moving average of $317.66 and a two-hundred day simple moving average of $293.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $3.61 trillion, a price-to-earnings ratio of 27.64, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the business earned $2.15 EPS. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and issued a $348.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Piper Sandler restated an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a report on Wednesday, December 17th. Finally, TD Cowen reiterated a “buy” rating and issued a $365.00 target price (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $345.71.

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,110,165 shares of company stock valued at $118,134,117 over the last ninety days. 12.99% of the stock is owned by 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.