Semus Wealth Partners LLC Has $3.58 Million Holdings in Alphabet Inc. (NASDAQ:GOOG)

23 Feb 2025, 10:21 by Danessa Lincoln · The Markets Daily

Semus Wealth Partners LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,809 shares of the information services provider’s stock after purchasing an additional 1,127 shares during the quarter. Alphabet accounts for 2.4% of Semus Wealth Partners LLC’s holdings, making the stock its 9th biggest position. Semus Wealth Partners LLC’s holdings in Alphabet were worth $3,582,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of GOOG. Weiss Asset Management LP bought a new position in shares of Alphabet during the 3rd quarter worth approximately $25,000. Fiduciary Advisors Inc. bought a new position in shares of Alphabet during the 4th quarter worth approximately $27,000. Safe Harbor Fiduciary LLC bought a new position in shares of Alphabet during the 3rd quarter worth approximately $33,000. Sanctuary Wealth Management L.L.C. boosted its holdings in shares of Alphabet by 87.3% in the 3rd quarter. Sanctuary Wealth Management L.L.C. now owns 251 shares of the information services provider’s stock valued at $42,000 after buying an additional 117 shares during the last quarter. Finally, Maryland Capital Advisors Inc. boosted its holdings in shares of Alphabet by 33.0% in the 4th quarter. Maryland Capital Advisors Inc. now owns 266 shares of the information services provider’s stock valued at $51,000 after buying an additional 66 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Alphabet Stock Down 2.7 %

GOOG stock opened at $181.58 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a market capitalization of $2.21 trillion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.34 and a beta of 1.00. The business’s fifty day moving average price is $194.02 and its two-hundred day moving average price is $177.34. Alphabet Inc. has a fifty-two week low of $131.55 and a fifty-two week high of $208.70.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.44%. The ex-dividend date is Monday, March 10th. Alphabet’s payout ratio is 9.94%.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 16,820 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $192.62, for a total value of $3,239,868.40. Following the transaction, the insider now owns 43,981 shares in the company, valued at approximately $8,471,620.22. This trade represents a 27.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 1,367 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $170.41, for a total value of $232,950.47. Following the completion of the transaction, the chief accounting officer now owns 23,515 shares in the company, valued at $4,007,191.15. The trade was a 5.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 134,299 shares of company stock worth $25,055,751 in the last 90 days. Company insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on GOOG. Barclays increased their price objective on Alphabet from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Benchmark reissued a “negative” rating on shares of Alphabet in a report on Wednesday, February 5th. Pivotal Research increased their price objective on Alphabet from $215.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Phillip Securities raised Alphabet to a “strong-buy” rating in a report on Friday, November 1st. Finally, Morgan Stanley reissued an “overweight” rating on shares of Alphabet in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $209.13.

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