Stonehage Fleming Financial Services Holdings Ltd lessened its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,122,241 shares of the information services provider’s stock after selling 76,924 shares during the quarter. Alphabet comprises 10.8% of Stonehage Fleming Financial Services Holdings Ltd’s holdings, making the stock its biggest position. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Alphabet were worth $352,159,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Define Financial LLC increased its position in shares of Alphabet by 2.9% during the fourth quarter. Define Financial LLC now owns 2,211 shares of the information services provider’s stock worth $694,000 after purchasing an additional 62 shares in the last quarter. Signal Advisors Wealth LLC lifted its holdings in shares of Alphabet by 10.2% during the 4th quarter. Signal Advisors Wealth LLC now owns 5,719 shares of the information services provider’s stock valued at $1,795,000 after purchasing an additional 531 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its position in shares of Alphabet by 8.8% in the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 82,523 shares of the information services provider’s stock worth $25,896,000 after purchasing an additional 6,677 shares in the last quarter. Silverleafe Capital Partners LLC boosted its position in shares of Alphabet by 7.7% in the 4th quarter. Silverleafe Capital Partners LLC now owns 10,254 shares of the information services provider’s stock worth $3,218,000 after purchasing an additional 732 shares in the last quarter. Finally, Perkins Coie Trust Co grew its stake in Alphabet by 1.7% during the 4th quarter. Perkins Coie Trust Co now owns 9,840 shares of the information services provider’s stock worth $3,088,000 after buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is deepening its AI infrastructure ties by backing a massive Texas data‑center project to be leased by Anthropic — a strategic move that secures capacity for large AI models and strengthens a key partner relationship. Read More.
- Positive Sentiment: Wall Street has been raising targets: Needham and other analysts have issued $400+/high‑3xx targets and firms like Wells Fargo raised theirs recently — supporting medium‑term upside narratives despite the pullback. Read More.
- Positive Sentiment: Fundamentals remain strong: recent quarterly beats, accelerating Google Cloud backlog (~$240B reported), and rapid Gemini adoption underpin revenue visibility and long‑term growth expectations. Read More.
- Positive Sentiment: Google Research’s TurboQuant memory‑compression work has spooked memory suppliers but can be a net positive for Alphabet — lower AI infrastructure costs and greater model efficiency improve margins and competitive positioning. Read More.
- Neutral Sentiment: Technically the stock is in a correction from its highs and some commentators frame the selloff as a buying opportunity; price action below key short‑term supports is increasing volatility but not yet changing the longer‑term bull case. Read More.
- Negative Sentiment: Legal risk intensified after a high‑profile jury found YouTube (Alphabet) liable in a social‑media addiction bellwether case — the direct damages are small but the ruling increases headline and litigation risk across many pending suits and could force product or regulatory changes that hit engagement/ads. Read More.
- Negative Sentiment: Broader market and geopolitical pressures: a tech sector selloff (Nasdaq weakness, Iran war worries) and legal blows to peers like Meta have amplified outflows from large cap tech, pressuring GOOG along with the group. Read More.
- Negative Sentiment: Institutional/insider moves and high‑profile position trims (reported sales and some billionaire reductions) add selling pressure and headline risk in the near term. Read More.
Insider Transactions at Alphabet
Wall Street Analysts Forecast Growth
GOOG has been the topic of several recent analyst reports. Canaccord Genuity Group upped their target price on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Pivotal Research restated a “buy” rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Needham & Company LLC set a $400.00 price objective on shares of Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Royal Bank Of Canada restated an “outperform” rating and set a $375.00 price objective on shares of Alphabet in a report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Tuesday, January 20th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $345.71.
Read Our Latest Research Report on GOOG
Alphabet Price Performance
NASDAQ:GOOG opened at $273.76 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company’s fifty day moving average price is $312.93 and its 200-day moving average price is $295.78. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The firm has a market capitalization of $3.31 trillion, a P/E ratio of 25.32, a PEG ratio of 1.60 and a beta of 1.10.
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.
Alphabet Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s payout ratio is 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.
Read More
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
