Eagle Capital Management Reduces $60M in Alphabet Inc. ($GOOG)

Eagle Capital Management recently filed a Form 13F with the SEC, revealing it trimmed its position in Alphabet Inc. (NasdaqGS: GOOG) by 166,439 shares. As of the reporting period, the fund holds 4,596,553 shares valued at approximately $1.66 billion. The reduction represents a decrease of about 3.5% from its previous holdings.

What Changed in Eagle Capital Management's Alphabet Position

Eagle Capital Management reduced its stake in Alphabet from 4,762,992 shares to 4,596,553 shares, a decrease of 166,439 shares. This change reflects a 3.5% reduction in its position. The total value of the holdings now stands at around $1.66 billion.

Other Institutional Activity in Alphabet

During the same period, BlackRock, Inc. increased its Alphabet holdings by 3,509,845 shares, bringing its total to 364,758,302 shares worth about $104.63 billion. Vanguard Capital Management LLC added 302,262,176 shares, reaching a total of 302,262,176 shares valued at approximately $86.71 billion. On the other hand, State Street Corp reduced its position by 1,388,111 shares, now holding 185,714,752 shares worth $53.27 billion. Geode Capital Management, LLC also increased its stake by 3,540,454 shares, ending with 111,658,490 shares valued at $31.89 billion.

Alphabet Inc. Stock Snapshot

Shares of Alphabet Inc. (NasdaqGS: GOOG) are trading near $360.47. The company has a market capitalization of approximately $4.37 trillion and a P/E ratio of 27.3. Alphabet's stock has seen a 52-week low of $163.33 and a high of $404.47. The 50-day moving average is $358.22, while the 200-day moving average is $306.76. The company maintains a current ratio of 1.92 and a quick ratio of 1.71, with a debt-to-equity ratio of 20.03.

Recent Earnings

Alphabet reported revenue of $422.5 billion, reflecting a growth rate of 21.8%. The company's net margin stands at 37.9%, with a return on equity of 38.9%. Earnings per share (EPS) came in at $13.12. The next earnings report is expected on April 29, 2026.

Dividend

Alphabet Inc. offers an annual dividend rate of $0.88, yielding 0.25%. The dividend payout ratio is relatively low at 6.41%, indicating a conservative approach to dividend payments.

Insider Buying and Selling at Alphabet Inc.

Recent insider activity at Alphabet includes several purchases on June 17, 2024. Notable transactions include Ruth Porat, President and CFO, buying 272 shares, and Prabhakar Raghavan, Senior Vice President, acquiring 347 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On June 9, 2026, TD Cowen maintained its buy rating on Alphabet with a price target of $475. Oppenheimer also maintained a buy rating with a target of $445 on May 15, 2026. The consensus among 14 analysts is a strong buy, with a mean price target of $409.

About Alphabet Inc.

Alphabet Inc., headquartered in Mountain View, California, operates in the Communication Services sector, focusing on Internet Content & Information. The company, led by CEO Sundar Pichai, offers a wide range of products and services through its Google Services, Google Cloud, and Other Bets segments. Alphabet employs approximately 194,668 people and is known for its popular services like Google Search, YouTube, and Google Cloud.

Bottom Line

Eagle Capital Management's recent trim in its Alphabet stake reflects its strategic portfolio adjustments. Investors often watch such filings for insights into institutional sentiment, though it's important to remember that 13F filings are historical and may not indicate current positions. Alphabet remains a significant player in the tech space with strong financial metrics and analyst support.