Integrated Wealth Concepts LLC Has $48.85 Million Position in Alphabet Inc. $GOOG

Integrated Wealth Concepts LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 200,579 shares of the information services provider’s stock after selling 2,995 shares during the period. Integrated Wealth Concepts LLC’s holdings in Alphabet were worth $48,851,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new position in shares of Alphabet during the 3rd quarter valued at $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the 3rd quarter valued at $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet in the third quarter worth $40,000. University of Illinois Foundation acquired a new position in Alphabet during the second quarter worth $31,000. Finally, Retirement Wealth Solutions LLC increased its position in Alphabet by 145.0% during the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after buying an additional 116 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Up 1.0%

GOOG stock opened at $304.42 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The company has a 50-day moving average of $319.10 and a two-hundred day moving average of $291.55. The stock has a market capitalization of $3.68 trillion, a price-to-earnings ratio of 28.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the company posted $2.15 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Canaccord Genuity Group increased their price objective on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Oppenheimer reissued an “outperform” rating and issued a $360.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 target price on shares of Alphabet in a research report on Monday, January 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and an average target price of $345.71.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its acquisition of cybersecurity company Wiz — a large, strategic deal that accelerates Google Cloud’s enterprise security offering and supports higher-margin cloud growth expectations. Alphabet Inc. (GOOG) Announces Completion of its Acquisition of Wiz
• Positive Sentiment: Analyses and investor letters highlight renewed momentum in Google Cloud and AI positioning (new growth pillars), reinforcing the narrative that Cloud is a multi-year growth engine for Alphabet. Alphabet: Inside Google Cloud’s New Growth Pillars
• Positive Sentiment: Alphabet’s recent fundamentals (strong revenue and an earnings beat in its latest quarter) remain a supportive backdrop for the stock, underpinning investor confidence in AI-driven monetization and cloud expansion.
• Neutral Sentiment: Alphabet and other big tech firms pledged to power next‑generation data centers at the White House — this supports long‑term infrastructure needs for AI/Cloud but is a gradual, multi‑year catalyst. Alphabet (GOOGL) and Other Tech Giants Pledge at White House to Power Next-Generation Data Centers
• Neutral Sentiment: Media coverage and analyst pieces (Zacks, InsiderMonkey, Seeking Alpha, Motley Fool pieces in the feed) keep the stock in investors’ spotlight — that can amplify moves but is not a direct catalyst. Alphabet (GOOGL) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Reported short‑interest figures show zero shares in the feed — likely a data anomaly rather than a meaningful change in positioning. (Short‑interest metrics appear unreliable in this update.)
• Neutral Sentiment: Elon Musk’s comment that SpaceX will “far exceed” Google DeepMind in AI is a headline grabber but has limited immediate impact on Alphabet’s fundamentals; it is more noise in the competitive narrative. Elon Musk Says SpaceX Will ‘Far Exceed’ Google DeepMind In AI
• Negative Sentiment: European publishers and tech firms are urging EU regulators to speed up and impose a large antitrust fine over alleged self‑preferencing in Google Search; an adverse ruling or fine would be a material regulatory risk for Alphabet’s core search business in Europe. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Insiders Place Their Bets

In other news, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. This represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,076,615 shares of company stock valued at $107,809,111. Corporate insiders own 12.99% of the company’s stock.

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.