Kavar Capital Partners Group LLC Has $28.48 Million Position in Alphabet Inc. $GOOGL

Kavar Capital Partners Group LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 99,046 shares of the information services provider’s stock after selling 1,978 shares during the period. Alphabet makes up 3.6% of Kavar Capital Partners Group LLC’s holdings, making the stock its 6th biggest holding. Kavar Capital Partners Group LLC’s holdings in Alphabet were worth $28,482,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. BlueSky Wealth Advisors LLC grew its stake in shares of Alphabet by 8.9% during the first quarter. BlueSky Wealth Advisors LLC now owns 8,862 shares of the information services provider’s stock valued at $2,548,000 after purchasing an additional 727 shares during the last quarter. Park National Corp OH lifted its holdings in Alphabet by 0.8% during the 1st quarter. Park National Corp OH now owns 321,482 shares of the information services provider’s stock worth $92,445,000 after buying an additional 2,665 shares in the last quarter. Uhlmann Price Securities LLC boosted its position in Alphabet by 24.9% in the 1st quarter. Uhlmann Price Securities LLC now owns 7,646 shares of the information services provider’s stock valued at $2,204,000 after buying an additional 1,524 shares during the last quarter. ARS Investment Partners LLC increased its stake in shares of Alphabet by 13.7% in the 1st quarter. ARS Investment Partners LLC now owns 274,461 shares of the information services provider’s stock valued at $78,924,000 after buying an additional 33,055 shares during the period. Finally, Lexington Hill Partners LLC acquired a new stake in shares of Alphabet in the 1st quarter valued at $293,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $381.00, for a total value of $38,862.00. Following the transaction, the director owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders have sold a total of 160,516 shares of company stock worth $7,344,604 over the last three months. Company insiders own 11.61% of the company’s stock.

Alphabet Trading Down 0.9%

GOOGL opened at $346.66 on Wednesday. Alphabet Inc. has a twelve month low of $166.13 and a twelve month high of $408.61. The firm has a market cap of $4.20 trillion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 1.50 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The firm’s fifty day moving average is $368.25 and its two-hundred day moving average is $332.50.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Equities research analysts anticipate that Alphabet Inc. will post 14.3 EPS for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were given a dividend of $0.22 per share. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s payout ratio is 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet will replace Verizon in the Dow Jones Industrial Average effective June 29, a notable prestige boost that could support passive fund buying and improve investor sentiment. Alphabet Set to Join and Honeywell International to Remain in Dow Jones Industrial Average
• Positive Sentiment: Jefferies reaffirmed its Buy rating on Alphabet, reinforcing confidence in the company’s long-term outlook. Alphabet had its “buy” rating reaffirmed by Jefferies Financial Group Inc.
• Positive Sentiment: Alphabet remains a major AI infrastructure beneficiary, with reports noting accelerating demand at Google Cloud, quarterly cloud revenue above $20 billion, and strong enterprise AI adoption. Alphabet Rides on Accelerating AI Infrastructure Demand: What’s Ahead?
• Neutral Sentiment: Google DeepMind announced a $75 million AI research partnership with A24, signaling continued investment in AI applications outside core search and cloud. Google DeepMind signs AI research deal with film studio A24
• Neutral Sentiment: Alphabet is still dominant in search, but new reports suggest competition from AI-powered alternatives is putting pressure on its long-term search leadership. Google’s online dominance Is showing signs of cracking in AI era
• Negative Sentiment: Investor sentiment was hurt by the departure of key AI figures, including Noam Shazeer and John Jumper, raising concerns that Alphabet is losing talent to OpenAI and Anthropic. Alphabet paces for worst day in a year on AI concerns after high-profile exits
• Negative Sentiment: Several reports say Google’s search dominance may be starting to crack as users test non-AI or AI-free search options, adding pressure on the company’s core revenue engine. Google Losing Ground as Consumers Seek Out Non-AI Search
• Negative Sentiment: Broader market concern over heavy AI capital spending and higher rates also weighed on megacap tech shares, contributing to Alphabet’s weakness. Alphabet, SpaceX, Intel, and More Stocks That Explain Today’s Market

Analyst Ratings Changes

Several equities analysts recently issued reports on GOOGL shares. Canaccord Genuity Group raised their price target on Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada set a $425.00 target price on shares of Alphabet and gave the company an “outperform” rating in a research note on Thursday, April 30th. Roth Mkm reiterated a “buy” rating on shares of Alphabet in a research report on Thursday, April 30th. Citizens Jmp restated a “market outperform” rating and issued a $515.00 price objective on shares of Alphabet in a report on Wednesday, May 20th. Finally, Robert W. Baird raised their price objective on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Two equities 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $413.13.

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.