HB Wealth Management LLC Buys 18,495 Shares of Alphabet Inc. $GOOG

HB Wealth Management LLC lifted its position in Alphabet Inc. (NASDAQ:GOOG) by 5.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 340,867 shares of the information services provider’s stock after acquiring an additional 18,495 shares during the quarter. Alphabet comprises approximately 0.6% of HB Wealth Management LLC’s portfolio, making the stock its 26th largest holding. HB Wealth Management LLC’s holdings in Alphabet were worth $83,018,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Higgins & Schmidt Wealth Strategies LLC increased its stake in Alphabet by 2.2% in the 3rd quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock valued at $443,000 after buying an additional 40 shares during the last quarter. Hartmann Taylor Wealth Management LLC grew its holdings in shares of Alphabet by 2.3% in the third quarter. Hartmann Taylor Wealth Management LLC now owns 1,813 shares of the information services provider’s stock valued at $442,000 after acquiring an additional 40 shares in the last quarter. Riverbend Wealth Management LLC grew its holdings in shares of Alphabet by 1.0% in the third quarter. Riverbend Wealth Management LLC now owns 4,198 shares of the information services provider’s stock valued at $1,023,000 after acquiring an additional 41 shares in the last quarter. Meritas Wealth Management LLC increased its position in shares of Alphabet by 3.0% during the third quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock valued at $355,000 after acquiring an additional 42 shares during the last quarter. Finally, Integral Investment Advisors Inc. lifted its holdings in Alphabet by 0.8% during the third quarter. Integral Investment Advisors Inc. now owns 5,104 shares of the information services provider’s stock worth $1,243,000 after acquiring an additional 42 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction dated 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 completion of the transaction, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. The trade was a 29.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total value of $10,383,750.00. Following the sale, the chief executive officer owned 2,272,119 shares in the company, valued at approximately $725,942,020.50. This represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 192,087 shares of company stock worth $58,525,556. 12.99% of the stock is owned by corporate insiders.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $336.43 on Wednesday. The firm has a market capitalization of $4.06 trillion, a PE ratio of 33.18, a P/E/G ratio of 1.84 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average price of $309.04 and a two-hundred day moving average price of $252.82. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $341.20.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Alphabet’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.12 EPS. Equities analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Analyst Ratings Changes

A number of research analysts have issued reports on GOOG shares. BMO Capital Markets restated an “outperform” rating and issued a $340.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. Mizuho set a $325.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Scotiabank reiterated an “outperform” rating and issued a $375.00 target price (up from $336.00) on shares of Alphabet in a research note on Friday. Finally, HSBC restated a “buy” rating and set a $335.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $318.36.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chose Google’s Gemini to power next‑generation Siri, creating a multi‑year licensing relationship that provides Google a large, high‑margin cloud customer and distribution into ~2bn Apple devices—an immediate revenue and strategic moat boost. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: Market optimism around AI and stronger cloud execution pushed Alphabet into the $4 trillion valuation club, reinforcing investor confidence that Gemini and Google Cloud can materially reshape growth and margins. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Analysts and sell‑side shops are raising targets and reiterating the bull case (TD Cowen raised its target to $355 and Jefferies highlighted the company’s data moat and cloud upside), supporting near‑term buy interest. TD Cowen raises price target Jefferies: data moat & cloud growth
• Neutral Sentiment: Market positioning and option flows show some traders view GOOG as still relatively undervalued to analyst targets; short‑dated put selling has been productive, which can moderate volatility but also signals crowded bullish positioning. Put yields and undervaluation note
• Neutral Sentiment: Alphabet plans to develop and manufacture high‑end smartphones in Vietnam this year—a strategic supply‑chain/production move that diversifies hardware execution but is not an immediate earnings driver. Google to develop, manufacture phones in Vietnam
• Negative Sentiment: Some investors and analysts warn valuation is stretched after a strong 2025 rally; several notes have shifted from “strong buy” to “buy” citing compressed upside and that much of the AI upside may already be priced in. Seeking Alpha: downgrade to Buy on valuation
• Negative Sentiment: Some funds trimmed GOOGL holdings in recent filings (reported reductions by a few managers), which could add selling pressure if larger managers follow suit; public criticism from industry figures (e.g., Elon Musk) adds headline noise but is unlikely to change fundamentals. Fund filing: Davenport trims GOOGL Musk criticizes Apple‑Google deal

Alphabet Company 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.