Moody National Bank Trust Division lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 10.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,872 shares of the information services provider’s stock after acquiring an additional 4,625 shares during the quarter. Alphabet makes up about 1.3% of Moody National Bank Trust Division’s investment portfolio, making the stock its 14th largest position. Moody National Bank Trust Division’s holdings in Alphabet were worth $17,160,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. EMC Capital Management bought a new stake in Alphabet during the 4th quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the 4th quarter valued at about $32,000. Core Capital Management & Research inc. bought a new position in shares of Alphabet in the 2nd quarter valued at about $41,000. Premier Financial Group acquired a new stake in shares of Alphabet during the 2nd quarter worth approximately $45,000. Finally, Bard Associates Inc. acquired a new stake in shares of Alphabet during the 4th quarter worth approximately $52,000. Institutional investors and hedge funds own 40.03% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. Wall Street Zen lowered shares of Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Wells Fargo & Company reissued an “overweight” rating and issued a $417.00 price target (up from $411.00) on shares of Alphabet in a research note on Tuesday. Finally, Wedbush restated an “outperform” rating and issued a $445.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $425.72.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google signed long-term agreements with Constellation Energy for approximately 3,590 megawatts of nuclear power, including 890 megawatts of additional capacity and 2,700 megawatts from existing plants. The 20-year and 15-year contracts should help secure reliable electricity for Alphabet’s expanding AI data centers, reducing power-supply risk. The deal also underscores the scale and durability of AI infrastructure demand. Google and Constellation Energy Strike 3.59-GW Power Deal
- Positive Sentiment: Recent coverage remains constructive on Alphabet’s fundamentals. Google Search revenue reportedly grew 17% in the second quarter while the company added AI-generated answers, and Google Cloud revenue growth of 82% is reinforcing the view that Alphabet can monetize AI through advertising, cloud services and subscriptions. Analysts also point to Alphabet’s valuation and history of exceeding earnings expectations as potential support for the shares. Why Investors Like Alphabet Despite AI Search Threats
- Neutral Sentiment: Alphabet was included in a new actively managed ETF offering exposure to private AI companies OpenAI and Anthropic, alongside Alphabet, Meta, NVIDIA and SpaceX. The inclusion highlights Alphabet’s status as a major AI platform, but it does not directly affect the company’s earnings or cash flow. MN ETF Seeks Exposure to OpenAI and Anthropic
- Negative Sentiment: Multiple law firms are promoting a securities class action covering investors who purchased Alphabet shares between May 19 and July 16, 2026. The allegations reportedly involve disclosures about the development and timing of the Gemini 3.5 Pro model. Separate legal risks include a U.K. consumer claim over Play Store fees and a potential $3.2 billion ad-tech damages case. While the lawsuits’ financial impact remains uncertain, they add regulatory, reputational and litigation overhang. Alphabet Securities Class Action Notice
Insider Transactions at Alphabet
In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 over the last 90 days. 11.61% of the stock is owned by company insiders.
Alphabet Trading Up 0.3%
Shares of NASDAQ GOOGL traded up $1.21 during midday trading on Tuesday, reaching $347.68. 18,384,772 shares of the stock were exchanged, compared to its average volume of 30,859,324. Alphabet Inc. has a 12 month low of $235.84 and a 12 month high of $408.61. The company has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 0.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The business has a 50-day simple moving average of $345.14 and a two-hundred day simple moving average of $348.25.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, equities research analysts expect that Alphabet Inc. will post 20.55 EPS for the current year.
Alphabet Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.
Alphabet Profile
Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.
Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.
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