Alphabet Inc. $GOOG Shares Bought by Cullinan Associates Inc.

Cullinan Associates Inc. raised its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 14.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 135,378 shares of the information services provider’s stock after buying an additional 16,981 shares during the quarter. Alphabet comprises about 3.5% of Cullinan Associates Inc.’s investment portfolio, making the stock its 5th biggest holding. Cullinan Associates Inc.’s holdings in Alphabet were worth $46,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in GOOG. J. Derek Lewis & Associates Inc. boosted its position in shares of Alphabet by 9.7% during the third quarter. J. Derek Lewis & Associates Inc. now owns 6,392 shares of the information services provider’s stock worth $2,178,000 after acquiring an additional 565 shares during the last quarter. Rayburn West Financial Services LLC grew its position in shares of Alphabet by 20.2% during the third quarter. Rayburn West Financial Services LLC now owns 1,442 shares of the information services provider’s stock valued at $491,000 after purchasing an additional 242 shares in the last quarter. Uhlmann Price Securities LLC grew its position in shares of Alphabet by 2.7% during the third quarter. Uhlmann Price Securities LLC now owns 18,396 shares of the information services provider’s stock valued at $6,268,000 after purchasing an additional 485 shares in the last quarter. Ethic Inc. increased its holdings in shares of Alphabet by 2.1% in the third quarter. Ethic Inc. now owns 624,637 shares of the information services provider’s stock worth $212,839,000 after purchasing an additional 13,072 shares during the last quarter. Finally, 180 Wealth Advisors LLC increased its holdings in shares of Alphabet by 0.7% in the third quarter. 180 Wealth Advisors LLC now owns 37,180 shares of the information services provider’s stock worth $12,669,000 after purchasing an additional 243 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of research analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. New Street Research cut their price target on Alphabet from $455.00 to $405.00 and set a “buy” rating for the company in a report on Friday, July 24th. Citizens Jmp downgraded Alphabet from a “mkt outperform” rating to a “market perform” rating in a research note on Thursday, October 29th. Citigroup cut Alphabet from a “market outperform” rating to a “market perform” rating in a report on Thursday, October 29th. Finally, Piper Sandler reiterated an “overweight” rating and set a $345.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $413.38.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Insider Activity

In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 247 shares of company stock valued at $79,238. 12.99% of the stock is owned by company insiders.

Alphabet Stock Up 0.7%

Shares of NASDAQ GOOG opened at $286.01 on Tuesday. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47. The firm’s 50-day moving average price is $328.65 and its 200-day moving average price is $336.80. The stock has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.93, a P/E/G ratio of 0.87 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. During the same quarter in the prior year, the business posted $2.87 EPS. The company’s revenue was up 24.7% on a year-over-year basis. On average, equities research analysts anticipate that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Alphabet Company Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.