Hamilton Capital Partners LLC Decreases Stake in Alphabet Inc. $GOOGL

Hamilton Capital Partners LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 123,798 shares of the information services provider’s stock after selling 7,630 shares during the quarter. Alphabet makes up 12.9% of Hamilton Capital Partners LLC’s holdings, making the stock its 2nd biggest holding. Hamilton Capital Partners LLC’s holdings in Alphabet were worth $38,749,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Earned Wealth Advisors LLC grew its stake in shares of Alphabet by 136.5% during the fourth quarter. Earned Wealth Advisors LLC now owns 30,692 shares of the information services provider’s stock worth $9,607,000 after buying an additional 17,714 shares during the last quarter. Berkshire Money Management Inc. bought a new stake in shares of Alphabet during the fourth quarter worth $1,648,000. Benedict Financial Advisors Inc. grew its stake in shares of Alphabet by 14.8% during the fourth quarter. Benedict Financial Advisors Inc. now owns 7,804 shares of the information services provider’s stock worth $2,443,000 after buying an additional 1,007 shares during the last quarter. Financial Management Professionals Inc. grew its stake in shares of Alphabet by 2.8% during the fourth quarter. Financial Management Professionals Inc. now owns 5,351 shares of the information services provider’s stock worth $1,675,000 after buying an additional 145 shares during the last quarter. Finally, Bayforest Capital Ltd grew its stake in shares of Alphabet by 81.0% during the fourth quarter. Bayforest Capital Ltd now owns 954 shares of the information services provider’s stock worth $299,000 after buying an additional 427 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic committed to a multiyear purchase deal with Google Cloud reportedly worth about $200 billion over five years — a massive, long‑term revenue catalyst for Google Cloud and an endorsement of Alphabet’s AI infrastructure business. Anthropic commits to spending $200 billion on Google’s cloud and chips, The Information reports
• Positive Sentiment: Analysts kept raising targets and reiterating buys after strong Q1 results and cloud growth — notable lifts from firms including Citizens/JMP, New Street, China Renaissance, Daiwa and President Capital — supporting upside expectations. Citizens Jmp price target raise
• Positive Sentiment: Alphabet’s euro bond deal drew strong demand (orders well above the planned issuance), signaling institutional appetite to fund the company’s AI/capex plans without equity dilution. Alphabet taps euro bond market with six-tranche offering
• Positive Sentiment: Competitive moves: reports that Google will sell TPUs directly could expand its AI‑compute addressable market and pressure rivals (notably Nvidia) — a strategic push that investors view as positive for long‑term AI economics. Google Moves to Sell TPUs Directly
• Neutral Sentiment: The U.S. government and multiple AI firms (including Google/DeepMind) agreed to share pre‑release models for national‑security risk reviews — this increases oversight but also legitimizes Google as a trusted provider for sensitive use cases. What we know about US stress tests of Google, xAI and Microsoft AI models
• Neutral Sentiment: Market cap momentum story: coverage noted Alphabet closing the gap with Nvidia as one of the world’s largest companies, which can attract index and momentum flows but also draw headline volatility. Alphabet closes in on Nvidia’s spot as world’s biggest company
• Negative Sentiment: EU regulatory friction: a senior Google scientist warned EU regulators that proposed data‑sharing rules could expose user data — heightening European regulatory risk to search and AI data practices. Top Google scientist says EU data measures pose privacy risk for users
• Negative Sentiment: Labor and reputational risk: DeepMind/Google AI staff in the UK voted to unionize and workers have demanded recognition over military use of tech — potential operational, PR and execution risk for AI teams. UK Google DeepMind employees vote to unionize
• Negative Sentiment: Some sell‑side/independent calls temper enthusiasm (a downgrade from Freedom Capital and contrarian technical crash calls), which can amplify short‑term volatility despite strong fundamentals. Freedom Capital downgrade / Zacks

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the sale, the director owned 3,581 shares of the company’s stock, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 158,553 shares of company stock worth $47,951,856. 11.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. Wells Fargo & Company decreased their target price on shares of Alphabet from $397.00 to $361.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. New Street Research lifted their price target on shares of Alphabet from $380.00 to $450.00 and gave the stock a “buy” rating in a report on Monday. BNP Paribas Exane lifted their price target on shares of Alphabet from $390.00 to $420.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. DA Davidson lifted their price target on shares of Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Mizuho lifted their price target on shares of Alphabet from $410.00 to $420.00 and gave the stock an “outperform” rating in a report on Friday, April 10th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $405.94.

Alphabet Stock Performance

Shares of Alphabet stock opened at $388.46 on Wednesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The business has a 50-day moving average price of $315.19 and a two-hundred day moving average price of $309.67. Alphabet Inc. has a 1-year low of $147.84 and a 1-year high of $392.82. The company has a market cap of $4.70 trillion, a P/E ratio of 29.63, a PEG ratio of 1.71 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. As a group, analysts anticipate that Alphabet Inc. will post 13.58 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is 6.41%.

Alphabet 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.