Boston Common Asset Management LLC Trims Stock Holdings in Alphabet Inc. $GOOGL

Boston Common Asset Management LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 13.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 175,739 shares of the information services provider’s stock after selling 27,491 shares during the quarter. Alphabet makes up 2.8% of Boston Common Asset Management LLC’s portfolio, making the stock its 6th biggest position. Boston Common Asset Management LLC’s holdings in Alphabet were worth $55,006,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Corepath Wealth Partners LLC bought a new position in shares of Alphabet in the 4th quarter worth about $242,000. Harrell Investment Partners LLC lifted its position in shares of Alphabet by 1.1% in the 4th quarter. Harrell Investment Partners LLC now owns 42,579 shares of the information services provider’s stock worth $13,327,000 after buying an additional 463 shares during the last quarter. Northstar Advisory Group LLC lifted its position in shares of Alphabet by 170.1% in the 4th quarter. Northstar Advisory Group LLC now owns 26,480 shares of the information services provider’s stock worth $8,288,000 after buying an additional 16,678 shares during the last quarter. Polaris Investment Advisors LLC bought a new position in shares of Alphabet in the 4th quarter worth about $5,715,000. Finally, Presidio Capital Management LLC lifted its position in shares of Alphabet by 10.5% in the 4th quarter. Presidio Capital Management LLC now owns 2,695 shares of the information services provider’s stock worth $843,000 after buying an additional 255 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Loop Capital raised their price target on shares of Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Pivotal Research raised their price target on shares of Alphabet from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. DA Davidson raised their price target on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $367.33.

Alphabet Trading Up 1.4%

Shares of NASDAQ:GOOGL opened at $299.99 on Tuesday. The company has a market cap of $3.63 trillion, a PE ratio of 27.75, a P/E/G ratio of 1.81 and a beta of 1.12. The company’s 50-day moving average price is $308.62 and its 200 day moving average price is $297.26. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two 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.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data 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 firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Sell-side analysts anticipate 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. Investors of record on Monday, March 9th were given a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term Broadcom deal to build and supply custom AI chips through 2031 secures a multi-year supply path for Google’s next‑generation AI racks, lowering hardware risk for Google Cloud/AI scaling and supporting product rollout plans. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: A Wall Street analyst reaffirmed a constructive outlook on Alphabet, helping investor sentiment despite unit‑level challenges (notably in autonomous driving), which supports near‑term buying interest. Wall Street analyst updates Google stock price target
• Positive Sentiment: Alphabet stands to realize a sizeable paper gain from its early SpaceX stake if the IPO proceeds at reported valuations, an upside that can underpin long‑term investor thesis. 2 Stocks About To Make a Killing on the SpaceX IPO
• Neutral Sentiment: Broadcom’s expanded arrangement also includes providing computing capacity to Anthropic using Google’s AI processors — this could generate cloud‑revenue or cost recovery opportunities but also helps a competing AI vendor scale. Broadcom agrees to expanded chip deals with Google, Anthropic
• Neutral Sentiment: Intel’s push into advanced chip packaging and talks with cloud providers could reshape the supply chain and introduce new competition/partners for AI infrastructure; this is a sector development to monitor. Intel Targets Amazon, Google on AI Chip Packaging
• Neutral Sentiment: Analyst/opinion pieces highlighting Alphabet’s ~27x P/E and earnings outlook provide supportive narrative for value‑oriented investors but are commentary rather than new fundamentals. Alphabet: Why Strong Money Likes It At 27x P/E
• Negative Sentiment: Wells Fargo trimmed its price target on Alphabet, signaling some analyst caution that can weigh on sentiment even if the new target remains above current levels. Wells Fargo & Company Cuts Alphabet Price Target
• Negative Sentiment: Insider selling by Alphabet’s CAO was reported, a small but negative signal investors watch for timing and magnitude. Insider Selling: Alphabet CAO Sells Stock
• Negative Sentiment: Shareholder pressure and community opposition over water and power use have already led to abandoned data‑center projects; environmental and permitting risks could raise costs or delay capacity expansion. Investors press Amazon, Microsoft and Google on water, power use

Insider Transactions at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer owned 1,642,060 shares of the company’s stock, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 617 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the transaction, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,101,844 shares of company stock worth $115,147,751 over the last 90 days. Corporate insiders own 11.64% 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.