Painted Porch Advisors LLC Acquires 2,243 Shares of Alphabet Inc. $GOOG

Painted Porch Advisors LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 142.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,818 shares of the information services provider’s stock after acquiring an additional 2,243 shares during the quarter. Painted Porch Advisors LLC’s holdings in Alphabet were worth $930,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Alphabet in the 2nd quarter worth $4,298,572,000. JPMorgan Chase & Co. boosted its stake in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Alphabet by 73.5% during the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after buying an additional 4,154,929 shares during the period. Laurel Wealth Advisors LLC increased its position in shares of Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after buying an additional 4,099,366 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Alphabet by 330.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,989,463 shares of the information services provider’s stock worth $707,691,000 after buying an additional 3,062,590 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Analysts Set New Price Targets

GOOG has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. BNP Paribas Exane started coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating on the stock. UBS Group reissued a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. DA Davidson set a $300.00 target price on Alphabet in a research note on Tuesday, November 25th. Finally, Pivotal Research restated a “buy” rating and set a $420.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $345.71.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $305.73 on Friday. The business has a fifty day moving average price of $318.27 and a 200-day moving average price of $292.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market capitalization of $3.70 trillion, a PE ratio of 28.28, a PEG ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Insider Activity

In related news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 955 shares of the business’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 completion of the transaction, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 2,110,165 shares of company stock valued at $118,134,117. Company insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New CVS partnership (Health100) expands Gemini AI into consumer healthcare and creates a potential commercial channel across pharmacy, insurance and wearables — a tangible monetization path for Gemini models. Read More.
• Positive Sentiment: DeepMind hired Bridgewater’s chief scientist Jasjeet Sekhon as chief strategy officer — a high‑profile AI talent acquisition that strengthens research and commercial push vs. OpenAI/Anthropic. Read More.
• Positive Sentiment: Product momentum: Google’s updated Stitch / AI design tools are getting market traction and have pressured competitors (Figma, Adobe), signaling faster adoption of Google’s developer/designer workflows. Product wins can accelerate monetization of AI features. Read More.
• Positive Sentiment: Operational: Google signed utility deals to curb data‑center power use during peaks, helping secure capacity for AI workloads and reducing the risk of power shortages for new data centers. Read More.
• Positive Sentiment: Google Cloud strengthened security via the Wiz buyout, improving its enterprise positioning against AWS/Azure — supportive for enterprise AI adoption and higher‑margin cloud growth. Read More.
• Neutral Sentiment: Regulatory: Google will add an opt‑out for generative AI in search to address UK competition concerns — reduces near‑term regulatory friction but could limit product scope in the UK. Read More.
• Neutral Sentiment: Analyst/market context: Strong analyst sentiment, recent dividend initiation and high price targets support longer‑term confidence but leave valuation sensitive to execution and capex. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and other insiders have executed large, repeated sales this month — amplifies short‑term caution and can pressure sentiment. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: Greater reliance on Chinese suppliers for advanced liquid‑cooling (and possible acquisition) improves capacity but raises export, regulatory and geopolitical risk for AI infrastructure. Read More.
• Negative Sentiment: Macro/valuation risk: Ongoing hyperscaler AI capex is large and raises questions about the timing of returns — a counterweight to optimistic AI revenue narratives and a potential drag on near‑term multiples. Read More.

Alphabet Company Profile

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.