Investment Partners LTD. raised its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 57.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,529 shares of the information services provider’s stock after purchasing an additional 3,851 shares during the quarter. Investment Partners LTD.’s holdings in Alphabet were worth $3,622,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Strategic Wealth Advisors LLC boosted its stake in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC increased its position in shares of Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after buying an additional 27 shares during the period. Ruggaard & Associates LLC raised its stake in Alphabet by 0.9% in the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after buying an additional 27 shares in the last quarter. Cadia Private Client LLC raised its stake in Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after buying an additional 28 shares in the last quarter. Finally, Evansbrook LLC raised its stake in Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after buying an additional 28 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Alphabet Price Performance
Shares of Alphabet stock opened at $284.78 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a 50-day moving average of $332.93 and a 200 day moving average of $338.97. The firm has a market cap of $3.50 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.
Analyst Ratings Changes
Several analysts have commented on the stock. Royal Bank Of Canada lowered their price objective on shares of Alphabet from $425.00 to $400.00 and set an “outperform” rating for the company in a report on Thursday, October 29th. Barclays reiterated an “overweight” rating and set a $405.00 target price (down from $425.00) on shares of Alphabet in a report on Thursday, October 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Thursday, October 15th. BMO Capital Markets restated an “outperform” rating and issued a $480.00 target price (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. Finally, Susquehanna lowered their target price on Alphabet from $460.00 to $400.00 and set a “positive” rating for the company in a research note on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $412.51.
Get Our Latest Stock Report on GOOGL
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
- Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
- Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
- Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
- Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article
Insider Buying and Selling at Alphabet
In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 247 shares of company stock worth $79,238 over the last ninety days. 11.61% of the stock is currently owned by company insiders.
Alphabet Profile
Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.
Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.
Alphabet serves consumers, businesses and organizations around the world.
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