Alphabet Inc. (NASDAQ:GOOGL) Shares Acquired by Voya Financial Advisors Inc.

25 Apr 2025, 13:14 by Kim Johansen · The Markets Daily

Voya Financial Advisors Inc. boosted its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,697 shares of the information services provider’s stock after acquiring an additional 883 shares during the quarter. Alphabet accounts for about 0.5% of Voya Financial Advisors Inc.’s holdings, making the stock its 18th biggest holding. Voya Financial Advisors Inc.’s holdings in Alphabet were worth $4,723,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Compass Planning Associates Inc acquired a new stake in Alphabet during the 4th quarter worth $30,000. E Fund Management Hong Kong Co. Ltd. grew its stake in Alphabet by 518.8% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the information services provider’s stock worth $37,000 after buying an additional 166 shares during the last quarter. Fiduciary Advisors Inc. purchased a new stake in Alphabet in the fourth quarter valued at approximately $39,000. PayPay Securities Corp boosted its holdings in shares of Alphabet by 36.1% in the fourth quarter. PayPay Securities Corp now owns 245 shares of the information services provider’s stock valued at $46,000 after acquiring an additional 65 shares during the period. Finally, Denver PWM LLC increased its holdings in shares of Alphabet by 25.4% in the 3rd quarter. Denver PWM LLC now owns 281 shares of the information services provider’s stock valued at $47,000 after acquiring an additional 57 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 17,690 shares of Alphabet stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $185.51, for a total transaction of $3,281,671.90. Following the sale, the insider now owns 43,111 shares in the company, valued at $7,997,521.61. This trade represents a 29.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 1,340 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $202.08, for a total transaction of $270,787.20. Following the completion of the transaction, the chief accounting officer now owns 17,848 shares of the company’s stock, valued at $3,606,723.84. This trade represents a 6.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 148,163 shares of company stock valued at $25,361,647 over the last ninety days. Corporate insiders own 11.55% of the company’s stock.

Alphabet Stock Up 2.5 %

Shares of GOOGL opened at $159.28 on Friday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $207.05. The company’s fifty day moving average is $162.61 and its two-hundred day moving average is $175.44. The firm has a market cap of $1.94 trillion, a PE ratio of 19.79, a price-to-earnings-growth ratio of 1.34 and a beta of 1.03. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.03.

Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. During the same period in the previous year, the company earned $1.89 EPS. Analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 9th will be issued a $0.21 dividend. This is a positive change from Alphabet’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.53%. Alphabet’s dividend payout ratio (DPR) is presently 9.94%.

Analyst Ratings Changes

A number of research firms have commented on GOOGL. Jefferies Financial Group dropped their price objective on shares of Alphabet from $235.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Wells Fargo & Company dropped their target price on Alphabet from $184.00 to $167.00 and set an “equal weight” rating on the stock in a report on Monday, March 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $178.00 price target on shares of Alphabet in a report on Wednesday, April 16th. Citigroup dropped their price objective on shares of Alphabet from $229.00 to $195.00 and set a “buy” rating on the stock in a research note on Thursday, April 10th. Finally, Stifel Nicolaus reduced their target price on shares of Alphabet from $225.00 to $192.00 and set a “buy” rating for the company in a research note on Wednesday. Ten analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and five have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $199.64.

Check Out Our Latest Stock Analysis on GOOGL

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