Alphabet Inc. (NASDAQ:GOOG – Free Report) – Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for shares of Alphabet in a note issued to investors on Tuesday, February 4th. Seaport Res Ptn analyst A. Kessler now forecasts that the information services provider will post earnings per share of $1.99 for the quarter, down from their previous estimate of $2.02. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alphabet’s current full-year earnings is $8.02 per share. Seaport Res Ptn also issued estimates for Alphabet’s Q3 2025 earnings at $2.22 EPS, Q4 2025 earnings at $2.42 EPS, FY2025 earnings at $8.75 EPS and FY2026 earnings at $9.87 EPS.
GOOG has been the subject of a number of other research reports. Wells Fargo & Company increased their price target on shares of Alphabet from $182.00 to $187.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. Canaccord Genuity Group increased their price target on shares of Alphabet from $220.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Jefferies Financial Group increased their price target on shares of Alphabet from $220.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Citigroup increased their price target on shares of Alphabet from $212.00 to $216.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Oppenheimer increased their price target on shares of Alphabet from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and an average price target of $209.13.
Alphabet Stock Performance
Shares of GOOG opened at $187.14 on Thursday. The company has a 50-day simple moving average of $192.78 and a 200-day simple moving average of $176.15. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $2.29 trillion, a PE ratio of 24.82, a P/E/G ratio of 1.32 and a beta of 1.00. Alphabet has a 52-week low of $131.55 and a 52-week high of $208.70.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Tuesday, February 4th. The information services provider reported $2.15 EPS for the quarter, topping the consensus estimate of $2.12 by $0.03. Alphabet had a net margin of 27.74% and a return on equity of 31.66%.
Institutional Investors Weigh In On Alphabet
Hedge funds have recently modified their holdings of the stock. M&G PLC acquired a new position in Alphabet during the third quarter valued at approximately $2,240,000. GPS Wealth Strategies Group LLC lifted its position in Alphabet by 6.8% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 16,248 shares of the information services provider’s stock valued at $3,094,000 after buying an additional 1,041 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in Alphabet by 14.4% during the third quarter. Coldstream Capital Management Inc. now owns 116,776 shares of the information services provider’s stock valued at $19,642,000 after buying an additional 14,738 shares in the last quarter. Metis Global Partners LLC lifted its position in Alphabet by 1.4% during the third quarter. Metis Global Partners LLC now owns 301,980 shares of the information services provider’s stock valued at $50,488,000 after buying an additional 4,292 shares in the last quarter. Finally, Requisite Capital Management LLC acquired a new position in Alphabet during the fourth quarter valued at approximately $927,000. 27.26% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, CEO Sundar Pichai sold 22,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $176.67, for a total value of $3,975,075.00. Following the sale, the chief executive officer now directly owns 2,061,806 shares of the company’s stock, valued at approximately $364,259,266.02. This trade represents a 1.08 % decrease in their ownership of the stock. The transaction 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 1,367 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $170.41, for a total transaction of $232,950.47. Following the completion of the sale, the chief accounting officer now directly owns 23,515 shares in the company, valued at $4,007,191.15. This represents a 5.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 89,529 shares of company stock valued at $16,600,078 in the last ninety days. Insiders own 12.99% of the company’s stock.
Alphabet Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.80 annualized dividend and a dividend yield of 0.43%. Alphabet’s dividend payout ratio is currently 10.61%.
About Alphabet
Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
Recommended Stories
- Five stocks we like better than Alphabet
- Trading Halts Explained
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- How to buy stock: A step-by-step guide for beginners
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- Dividend Capture Strategy: What You Need to Know
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.