KLCM Advisors Inc. Increases Holdings in Alphabet Inc. $GOOGL

KLCM Advisors Inc. lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 66.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,877 shares of the information services provider’s stock after acquiring an additional 9,105 shares during the quarter. KLCM Advisors Inc.’s holdings in Alphabet were worth $7,161,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. American Institute for Advanced Investment Management LLP boosted its stake in shares of Alphabet by 1.4% during the 4th quarter. American Institute for Advanced Investment Management LLP now owns 3,721 shares of the information services provider’s stock worth $1,134,000 after acquiring an additional 53 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs boosted its stake in shares of Alphabet by 6.4% during the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 230,550 shares of the information services provider’s stock worth $72,162,000 after acquiring an additional 13,824 shares in the last quarter. Fortem Financial Group LLC boosted its stake in shares of Alphabet by 7.0% during the 4th quarter. Fortem Financial Group LLC now owns 24,733 shares of the information services provider’s stock worth $7,741,000 after acquiring an additional 1,618 shares in the last quarter. Centric Wealth Management boosted its stake in shares of Alphabet by 4.8% during the 4th quarter. Centric Wealth Management now owns 6,224 shares of the information services provider’s stock worth $2,139,000 after acquiring an additional 286 shares in the last quarter. Finally, 49 Wealth Management LLC boosted its stake in shares of Alphabet by 71.5% during the 4th quarter. 49 Wealth Management LLC now owns 12,972 shares of the information services provider’s stock worth $4,060,000 after acquiring an additional 5,409 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

GOOGL has been the topic of several research analyst reports. CICC Research boosted their price target on Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Oppenheimer boosted their price target on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. UBS Group reissued a “neutral” rating on shares of Alphabet in a research note on Wednesday, May 20th. Argus upped their target price on Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alphabet in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Moderate Buy” and a consensus price target of $412.94.

Alphabet Trading Down 2.5%

Shares of GOOGL opened at $380.34 on Friday. The stock has a fifty day moving average of $345.77 and a two-hundred day moving average of $324.91. 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 company has a market capitalization of $4.61 trillion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.67 and a beta of 1.26. Alphabet Inc. has a fifty-two week low of $162.00 and a fifty-two week high of $408.61.

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, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. As a group, analysts forecast that Alphabet Inc. will post 14.29 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 $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s payout ratio is presently 6.71%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here’s One Thing To Know.

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the transaction, the chief executive officer directly owned 1,674,560 shares in the company, valued at approximately $508,028,012.80. The trade was a 1.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 8,993 shares of the business’s stock in a transaction on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This trade represents a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 226,481 shares of company stock worth $27,422,061 in the last three months. 11.61% of the stock is currently owned by insiders.

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.