Alphabet Inc. $GOOGL Holdings Lessened by United Asset Strategies Inc.

United Asset Strategies Inc. lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 11.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,549 shares of the information services provider’s stock after selling 22,358 shares during the quarter. Alphabet comprises approximately 4.2% of United Asset Strategies Inc.’s investment portfolio, making the stock its 4th biggest position. United Asset Strategies Inc.’s holdings in Alphabet were worth $60,747,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOGL. Choreo LLC lifted its stake in Alphabet by 4.0% during the third quarter. Choreo LLC now owns 252,661 shares of the information services provider’s stock worth $86,935,000 after purchasing an additional 9,684 shares during the last quarter. Interchange Capital Partners LLC boosted its holdings in shares of Alphabet by 0.3% in the 3rd quarter. Interchange Capital Partners LLC now owns 31,189 shares of the information services provider’s stock valued at $10,752,000 after purchasing an additional 89 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC increased its stake in shares of Alphabet by 4.8% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 6,654 shares of the information services provider’s stock valued at $2,289,000 after purchasing an additional 304 shares during the last quarter. Morey & Quinn Wealth Partners LLC increased its stake in shares of Alphabet by 1.0% in the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 3,407 shares of the information services provider’s stock valued at $1,172,000 after purchasing an additional 33 shares during the last quarter. Finally, Foundry Financial Group Inc. increased its stake in shares of Alphabet by 4.4% in the 3rd quarter. Foundry Financial Group Inc. now owns 1,553 shares of the information services provider’s stock valued at $534,000 after purchasing an additional 65 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

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

Analyst Ratings Changes

GOOGL has been the subject of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating and set a $375.00 price target (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Wedbush reduced their price objective on Alphabet from $445.00 to $387.00 and set an “outperform” rating on the stock in a research note on Thursday, October 29th. Moffett Nathanson set a $345.00 price target on shares of Alphabet in a report on Thursday, October 29th. Citigroup lowered their price objective on shares of Alphabet from $447.00 to $375.00 and set a “buy” rating for the company in a research report on Friday, October 30th. Finally, Rosenblatt Securities dropped their price objective on shares of Alphabet from $410.00 to $380.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $412.51.

Check Out Our Latest Report on Alphabet

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s 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 sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 247 shares of company stock worth $79,238. 11.61% of the stock is owned by company insiders.

Alphabet Price Performance

GOOGL traded up $2.21 on Friday, reaching $284.78. The stock had a trading volume of 36,267,172 shares, compared to its average volume of 34,149,032. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.48 trillion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 0.84 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $270.70 and a fifty-two week high of $408.61. The firm has a 50-day moving average of $332.93 and a 200-day moving average of $338.97.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.

Alphabet Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL – Free Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.