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M&T Bank Corp Grows Holdings in Alphabet Inc. (NASDAQ:GOOGL)

M&T Bank Corp Grows Holdings in Alphabet Inc. (NASDAQ:GOOGL)

  • 19.03.2025 10:53
  • etfdailynews.com
  • Keywords: success, danger

M&T Bank Corp increased its holdings in Alphabet Inc. (GOOGL) by purchasing additional shares, making it a significant holding in their portfolio. Other hedge funds also adjusted their positions in Alphabet, while insiders sold shares, reflecting changes in ownership. Analysts predict moderate growth for Alphabet with a target price of $210.3, though the stock has recently declined by 2.2%.

Alphabet NewsAlphabet ProductsAlphabet ServicesAlphabet ReportsMTB/PJsentiment_satisfiedGOOGLsentiment_neutral

Estimated market influence

M&T Bank Corp

Positivesentiment_satisfied
Analyst rating: —

M&T Bank Corp increased its holdings in Alphabet Inc., indicating confidence in the company's future performance.

Alphabet Inc.

Alphabet Inc.

Neutralsentiment_neutral
Analyst rating: Buy

While M&T Bank Corp and other hedge funds have increased their investments, insider sales suggest some concerns about Alphabet's stock value.

Context

Analysis of M&T Bank Corp’s Investment in Alphabet Inc. (NASDAQ:GOOGL)

Key Facts and Data Points

  • M&T Bank Corp Holdings:

    • Increased holdings by 0.7% during the 4th quarter.
    • Total shares held: 1,122,899.
    • Value of investment: $212,565,000 (0.7% of portfolio).
    • Alphabet is the 29th largest holding in M&T Bank Corp’s portfolio.

  • Other Hedge Fund Activity:

    • Assetmark Inc.: Increased holdings by 3.2%, now worth $435,428,000.
    • Smithfield Trust Co.: Increased holdings by 1.1%, now worth $8,214,000.
    • J.Safra Asset Management Corp.: Boosted holdings by 46.5%, now worth $2,155,000.
    • WoodTrust Financial Corp.: Grew position by 32.4%, now worth $16,604,000.
    • Oak Grove Capital LLC: New investment of $2,279,000.

  • Institutional Ownership:

    • Total institutional ownership: 40.03%.
    • Insider ownership: 11.55%.

Market Trends and Business Impact

  • Alphabet’s Stock Performance:

    • Recent price: $160.67 (opened at).
    • 52-week range: $146.08 (low) to $207.05 (high).
    • Market cap: $1.96 trillion.

  • Financial Metrics:

    • PE ratio: 19.96.
    • PEG ratio: 1.34.
    • Beta: 1.02.
    • Debt-to-equity ratio: 0.03.
    • Quick ratio and current ratio: 1.84.

  • Earnings:

    • Q4 EPS: $2.15, beating estimates of $2.12.
    • Net margin: 28.60%.
    • Return on equity (ROE): 32.49%.
    • Analysts expect EPS of 8.9 for the current year.

Competitive Dynamics and Strategic Considerations

  • Analyst Sentiment:

    • Consensus rating: “Moderate Buy”.
    • Average price target: $210.03.
    • Mixed analyst views: Some downgraded targets, others maintained positive ratings.

  • Dividend Policy:

    • Quarterly dividend: $0.20, paid on March 17th.
    • Annualized yield: 0.50%.
    • Dividend payout ratio (DPR): 9.94%.

Long-Term Effects and Regulatory Impacts

  • Insider Activity:

    • Total insider sales in the last quarter: 93,048 shares, worth $17,374,274.
    • Insider ownership decreased by 1.21% for one insider and 2.50% for another.

  • Regulatory Environment:

    • Alphabet faces ongoing scrutiny as a major tech company, with potential antitrust risks.
    • Long-term investments in AI, cloud services, and other bets could impact future profitability.

Conclusion

M&T Bank Corp’s increased holdings in Alphabet reflect confidence in the company’s growth prospects. However, insider sales and mixed analyst sentiment suggest caution. Alphabet’s strong financial performance, diversified business model, and strategic initiatives position it as a key player in the tech sector, but regulatory risks and competitive dynamics will influence its long-term trajectory.