Fort Washington Investment Advisors Inc. OH Sells 1,957 Shares of Alphabet Inc. $GOOGL

Fort Washington Investment Advisors Inc. OH decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,060 shares of the information services provider’s stock after selling 1,957 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Alphabet were worth $26,937,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after buying an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY boosted its stake in Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after buying an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock valued at $85,557,000 after acquiring an additional 48,805 shares during the last quarter. Finally, United Bank raised its stake in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after acquiring an additional 3,120 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet Stock Up 3.4%

Shares of NASDAQ GOOGL opened at $297.39 on Thursday. The firm’s fifty day moving average is $310.63 and its 200 day moving average is $295.97. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. 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 market cap of $3.60 trillion, a price-to-earnings ratio of 27.51, a PEG ratio of 1.76 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) 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 $2.57 by $0.25. The business had revenue of $113.83 billion during 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%. On average, equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a dividend of $0.21 per share. 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 dividend payout ratio is 7.77%.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares in the company, valued at $1,405,091.71. The trade was a 18.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,092,234 shares of company stock valued at $112,487,971 in the last quarter. 11.64% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

GOOGL has been the subject of a number of recent research reports. KeyCorp set a $370.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a report on Thursday, February 5th. Tigress Financial set a $415.00 target price on shares of Alphabet and gave the stock a “strong-buy” rating in a research report on Thursday, February 19th. DZ Bank reissued a “buy” rating on shares of Alphabet in a research note on Monday, February 16th. Roth Mkm upped their price target on shares of Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company raised their price objective on Alphabet from $387.00 to $397.00 and gave the company an “overweight” rating in a research note on Friday, March 27th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $368.06.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo raised its price target to $397, citing growing opportunities to monetize Google Cloud — a direct positive for revenue growth and valuation expectations. Wells Fargo raises PT
• Positive Sentiment: Needham reiterated a Buy with a $400 target, reinforcing buy-side analyst conviction and supporting upside narratives for the stock. Needham reiterates Buy
• Positive Sentiment: Google launched Veo 3.1 Lite — a lower‑cost AI video model — which should accelerate adoption of Google’s video AI tools and expand addressable market for cloud AI services. Google unveils cheaper AI video model
• Positive Sentiment: Bloomberg/press reports that Google plans a screenless Fitbit band later this year — a small but positive product diversification play that could help hardware revenue and ecosystem engagement. Google readies screenless Fitbit
• Positive Sentiment: Several outlets highlight recent analyst upgrades and buy-side interest (including a MarketBeat feature listing Alphabet among core AI/cloud plays), reinforcing momentum into mega‑caps when market breadth favors growth. MarketBeat AI cloud list
• Neutral Sentiment: Zacks and Benzinga pieces note Alphabet outpaced the market and benefited from broad sector strength — helpful context but not a company-specific fundamental change. Zacks: Outpaced market
• Neutral Sentiment: Alphabet issued long‑dated debt (including a 100‑year tranche), a signal of financing flexibility and confidence in cash flows; bond activity is generally neutral for near‑term equity moves but relevant for capital structure. Alphabet taps debt markets
• Negative Sentiment: Billionaire Ray Dalio trimmed his Alphabet stake — a headline that can stoke short‑term selling or be read as portfolio rebalancing by large holders. Dalio reduces position
• Negative Sentiment: Child development experts petitioned Google to block AI‑generated videos aimed at kids and Indonesia summoned Google over child social‑media rules — regulatory and content‑risk headlines that could pressure YouTube monetization and increase moderation costs. Experts urge Google on AI videos Indonesia summons Google

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.