Net Worth Advisory Group Increases Stock Position in Alphabet Inc. $GOOGL

Net Worth Advisory Group grew its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 82.7% during the 4th quarter, Holdings Channel reports. The firm owned 13,091 shares of the information services provider’s stock after buying an additional 5,926 shares during the period. Alphabet comprises approximately 0.8% of Net Worth Advisory Group’s investment portfolio, making the stock its 23rd biggest holding. Net Worth Advisory Group’s holdings in Alphabet were worth $4,097,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. JFS Wealth Advisors LLC raised its position in shares of Alphabet by 12.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 34,306 shares of the information services provider’s stock worth $10,738,000 after purchasing an additional 3,709 shares during the last quarter. Q Fund Management Hong Kong Ltd grew its holdings in Alphabet by 7.5% during the 4th quarter. Q Fund Management Hong Kong Ltd now owns 4,300 shares of the information services provider’s stock valued at $1,346,000 after buying an additional 300 shares during the last quarter. Dakota Wealth Management grew its holdings in Alphabet by 15.3% during the 4th quarter. Dakota Wealth Management now owns 265,452 shares of the information services provider’s stock valued at $83,087,000 after buying an additional 35,309 shares during the last quarter. Stephens Consulting LLC increased its position in Alphabet by 5,615.0% during the fourth quarter. Stephens Consulting LLC now owns 1,143 shares of the information services provider’s stock worth $358,000 after buying an additional 1,123 shares in the last quarter. Finally, Avaii Wealth Management LLC increased its position in Alphabet by 25.4% during the fourth quarter. Avaii Wealth Management LLC now owns 1,419 shares of the information services provider’s stock worth $444,000 after buying an additional 287 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

Alphabet stock opened at $297.39 on Thursday. The stock has a fifty day moving average price of $310.63 and a 200 day moving average price of $295.97. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The firm has a market capitalization of $3.60 trillion, a P/E ratio of 27.51, a PEG ratio of 1.76 and a beta of 1.12. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced 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 of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Loop Capital upped their price objective on Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Stifel Nicolaus restated a “buy” rating and issued a $395.00 target price (up from $346.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Rosenblatt Securities raised their price target on shares of Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $368.06.

Key Stories Impacting Alphabet

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

Insiders Place Their Bets

In related news, Director Frances Arnold sold 112 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares in the company, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 2,092,234 shares of company stock valued at $112,487,971. 11.64% of the stock is currently owned by corporate insiders.

About Alphabet

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.