Jackson Thornton Wealth Management LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 38.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,961 shares of the information services provider’s stock after purchasing an additional 1,652 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Alphabet were worth $1,463,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Kooman & Associates increased its position in Alphabet by 1.4% during the 2nd quarter. Kooman & Associates now owns 4,127 shares of the information services provider’s stock worth $732,000 after purchasing an additional 56 shares in the last quarter. Vestia Personal Wealth Advisors lifted its stake in Alphabet by 7.8% in the 2nd quarter. Vestia Personal Wealth Advisors now owns 1,406 shares of the information services provider’s stock valued at $249,000 after purchasing an additional 102 shares during the last quarter. Meridian Investment Counsel Inc. boosted its position in Alphabet by 1.5% in the second quarter. Meridian Investment Counsel Inc. now owns 7,765 shares of the information services provider’s stock valued at $1,377,000 after buying an additional 111 shares in the last quarter. Finally, Highline Wealth Partners LLC boosted its position in Alphabet by 0.9% in the second quarter. Highline Wealth Partners LLC now owns 19,038 shares of the information services provider’s stock valued at $3,377,000 after buying an additional 163 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.
Alphabet Stock Up 1.6%
Shares of NASDAQ GOOG opened at $333.59 on Tuesday. The company has a market capitalization of $4.03 trillion, a P/E ratio of 32.90, a price-to-earnings-growth ratio of 1.81 and a beta of 1.09. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $341.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The company’s 50 day moving average price is $317.29 and its 200-day moving average price is $262.47.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.
Wall Street Analysts Forecast Growth
GOOG has been the subject of several research analyst reports. Pivotal Research reiterated a “buy” rating and set a $400.00 price target (up from $350.00) on shares of Alphabet in a report on Friday, December 5th. Truist Financial set a $350.00 target price on Alphabet in a report on Friday, December 5th. DA Davidson set a $300.00 price target on Alphabet in a research note on Tuesday, November 25th. Barclays boosted their price target on Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, KeyCorp reiterated an “overweight” rating and issued a $360.00 price objective on shares of Alphabet in a report on Monday. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus target price of $327.13.
Get Our Latest Research Report on GOOG
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Mirae Asset added roughly 319,164 shares of GOOGL (~$100M), signaling institutional buying interest into Alphabet. Fund Update: Mirae Asset Global Investments Co., Ltd. Just Disclosed New Holdings
- Positive Sentiment: Needham/Laura Martin reaffirmed a Buy rating and maintained a ~$330 price target, giving Wall Street validation for continued upside. Alphabet’s Enduring Ad Moat: Why OpenAI’s Emerging Ad Model Supports a Buy Rating on GOOGL
- Positive Sentiment: MarketBeat coverage of Pelosi’s portfolio shows continued bullish, leveraged exposure to Alphabet (via LEAPS), which is a signal of long-term conviction from a high-profile investor. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
- Positive Sentiment: YouTube is now cited as a top social-media source for AI model training, reinforcing Alphabet’s data advantage for AI products and ads (long-term growth driver). Google’s (GOOGL) YouTube Surpasses Reddit as Top Social Media Source for AI Models
- Neutral Sentiment: Daily market recaps report Alphabet shares trading higher versus the broader market, reflecting the net effect of the items below rather than fresh company-specific catalysts. Alphabet Inc. (GOOG) Outperforms Broader Market: What You Need to Know
- Neutral Sentiment: Alphabet’s VC arm participated in AI ecosystem financings (e.g., Synthesia), which supports long-term AI strategy but is peripheral to near-term earnings. Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation
- Neutral Sentiment: Alphabet CEO stock sales were reported; such disclosures often trigger short-term attention but are frequently routine or pre-scheduled. Alphabet (NASDAQ:GOOG) CEO Sells $10,637,250.00 in Stock
- Negative Sentiment: Google agreed to a preliminary $68 million settlement over claims Google Assistant unlawfully recorded users — reputational and legal headwinds, though the payout is small versus Alphabet’s size; judge approval is pending. Google pays $68 million to settle claims its voice assistant spied on users
- Negative Sentiment: Emerging ad models from rivals (e.g., OpenAI/ChatGPT ad initiatives) and continued product launches from hyperscalers (Microsoft’s Maia 200 chip) increase competitive pressure on ad and cloud margins over time. ChatGPT Ad Model’s Potential to Shatter META & GOOGL Duopoly
Insider Activity
In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 225,187 shares of company stock valued at $69,365,318 in the last ninety days. 12.99% of the stock is owned by company insiders.
Alphabet Profile
Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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