B. Riley Wealth Advisors 13F: Adds $8.6M to GOOGL Stake

B. Riley Wealth Advisors Expands Tech Holdings

B. Riley Wealth Advisors grew its investment in Alphabet Inc. GOOGL by picking up 24,969 more shares during the period. The advisory firm, known for managing diversified portfolios for private clients, filed its latest Form 13F with the Securities and Exchange Commission to reflect holdings as of the reporting date, which may not represent its current position today.

Inside the Alphabet Position Change

The fund raised its stake by 39.3% over the course of the quarter. Prior to the trade, the advisor held 63,543 shares of the internet giant. With the addition of 24,969 shares, the ending position stands at 88,512 shares. The reported value of this holding reached $30,455,180 at the close of the reporting window.

Alphabet Stock and Market Position

Alphabet Inc. shares change hands near the upper tier of their 52-week price span, which ranges from a low of $244.15 up to a peak of $408.61. The company carries a trailing price-to-earnings ratio of 17.5 and a forward P/E of 22.9, reflecting how the market prices its earnings power in the internet and cloud sectors.

Recent Financial Results

The tech leader posted $445.87 billion in trailing revenue alongside a solid revenue growth rate of 24.2%. Earnings per share came in at $19.93, supported by a net profit margin of 54.8% and a return on equity of 48.7%. Investors look forward to the company's next earnings report on October 28, 2026, for further color on cloud and ad revenue.

Dividend Policy

The company distributes an annual dividend yield of 0.25% with a low payout ratio of 4.3%, returning a portion of its cash flow to shareholders while reinvesting the rest into artificial intelligence and other growth ventures.

Wall Street Analyst Views

Financial firms have refreshed their views on the stock through October 2026. On October 15, JP Morgan maintained an Overweight rating while lifting its price target to $425.00 from $420.00. UBS kept a Neutral rating on October 14 with a target of $380.00. Earlier in the month, Cantor Fitzgerald reiterated an Overweight rating with a $420.00 target on October 12, and Needham reiterated a Buy rating with a $450.00 target on October 8. Wells Fargo maintained an Overweight rating on October 6 with a $417.00 target, while Piper Sandler and Tigress Financial adjusted targets earlier in September.

About Alphabet Inc.

Alphabet Inc. operates through key segments including Google Services, Google Cloud, and Other Bets. The Google Services unit encompasses dominant search, Android, YouTube, and hardware products, while Google Cloud provides enterprise AI infrastructure, Vertex AI, and Google Workspace tools to business customers.

What to Watch at Alphabet Inc.

Market participants will track upcoming regulatory updates and the upcoming earnings release later in October to gauge ongoing momentum in cloud computing and digital advertising. Because 13F filings look backward, advisors may have adjusted positions since the reporting date.