Elmwood Wealth Management Inc. Grows Stock Holdings in Alphabet Inc. $GOOG

Elmwood Wealth Management Inc. raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,287 shares of the information services provider’s stock after purchasing an additional 5,942 shares during the quarter. Alphabet accounts for about 1.7% of Elmwood Wealth Management Inc.’s portfolio, making the stock its 14th largest position. Elmwood Wealth Management Inc.’s holdings in Alphabet were worth $5,425,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Imprint Wealth LLC purchased a new stake in shares of Alphabet during the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new position in Alphabet in the third quarter worth about $32,000. Tripletail Wealth Management LLC purchased a new position in Alphabet in the third quarter worth about $40,000. Retirement Wealth Solutions LLC increased its stake in Alphabet by 145.0% during the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after acquiring an additional 116 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC increased its stake in Alphabet by 56.8% during the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after acquiring an additional 79 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind expands robotics AI work—Alphabet’s DeepMind will integrate Gemini Robotics foundation models with Agile Robots’ hardware, advancing robotics capabilities and supporting long‑term AI monetization and product leadership. Google partners with Agile Robots, growing its AI robotics footprint
• Positive Sentiment: Gemini commerce rollout—Gap will enable checkout inside Google’s Gemini, a sign that Alphabet is starting to capture direct commerce revenue and broaden Gemini’s commercial use cases. That supports the AI monetization narrative. Gap becomes the first major fashion company to offer checkout within Google’s Gemini
• Positive Sentiment: Analyst optimism remains—Wall Street price targets and buy ratings stay elevated (median targets well above the current price), which provides upside support over a multi‑month horizon. Alphabet Stock (GOOG) Opinions on Earnings Release
• Neutral Sentiment: Google Cloud business wins and partnerships—BMO/CME plan tokenized cash on Google Cloud and other enterprise collaborations continue to validate cloud demand, but revenue timing and margins will matter. BMO to launch tokenized cash platform with CME and Google Cloud
• Neutral Sentiment: New operational initiatives—Wing’s planned drone deliveries in the SF Bay Area and other hardware efforts show progress but will require continued capital and regulatory approvals. Alphabet’s Wing to start drone delivery in San Francisco Bay Area
• Neutral Sentiment: Operational constraints flagged—Alphabet executives warned the U.S. may need more power development to scale AI data centers, highlighting capex and infrastructure dependency. CERAWEEK US needs more energy development to power AI, Google president says
• Neutral Sentiment: Short‑interest reporting appears noisy—several data sources show large short‑interest changes but the published figures (0 shares) are likely reporting errors; treat short‑interest signals with caution.
• Negative Sentiment: Regulatory scrutiny—EU antitrust officials are meeting with Alphabet’s CEO amid growing scrutiny of Big Tech’s AI power, a near‑term headwind that can increase uncertainty and re‑rate multiples. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs amidst AI scrutiny
• Negative Sentiment: Technical weakness—traders are pointing to a head‑and‑shoulders breakdown and failing support levels, which can amplify selling in the short term as algorithmic and momentum funds react. Alphabet Stock (GOOGL) Opinions on Technical Breakdown and AI Developments
• Negative Sentiment: Insider selling—public data shows significant insider sales by executives over recent months, which can be interpreted negatively by some investors even if sales are for diversification or compensation reasons. Alphabet Stock (GOOG) Opinions on Earnings Release

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GOOG. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price objective for the company from $315.00 to $400.00 in a research note on Thursday, January 22nd. KeyCorp set a $370.00 target price on Alphabet in a research report on Thursday, February 5th. Guggenheim restated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. BMO Capital Markets restated an “outperform” rating and issued a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $345.71.

Insider Activity at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,110,165 shares of company stock worth $118,134,117. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Price Performance

Shares of GOOG stock opened at $289.20 on Wednesday. The stock has a 50 day moving average price of $316.04 and a 200 day moving average price of $294.86. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. 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 capitalization of $3.50 trillion, a P/E ratio of 26.75, a P/E/G ratio of 1.75 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the company posted $2.15 EPS. Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. As a group, sell-side analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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

About Alphabet

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.