2,294 Alphabet Inc. $GOOGL Shares Acquired by Welch Group LLC

Key Points

• Welch Group increased its Alphabet stake by 3.7% in the third quarter, acquiring 2,294 shares and bringing its holdings to 64,381 shares, valued at about $22.2 million.
• Alphabet reported quarterly EPS of $2.12, missing the $3.02 analyst consensus; revenue of $127.58 billion also came in slightly below estimates.
• Analysts surveyed by MarketBeat maintained an average Buy rating and a $412.51 average price target. Alphabet also announced a quarterly dividend of $0.22 per share.

Welch Group LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,381 shares of the information services provider's stock after acquiring an additional 2,294 shares during the period. Welch Group LLC's holdings in Alphabet were worth $22,152,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GOOGL. Strategic Wealth Advisors LLC boosted its position in 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 during the period. Rockbridge Investment Management LCC boosted its holdings 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 acquiring an additional 27 shares during the period. Ruggaard & Associates LLC grew its position in shares of Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock worth $840,000 after acquiring an additional 27 shares during the last quarter. Cadia Private Client LLC increased its holdings in shares of Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock worth $744,000 after acquiring an additional 28 shares during the period. Finally, Evansbrook LLC lifted its position in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider's stock valued at $2,738,000 after purchasing an additional 28 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $288.15 on Tuesday. The company has a 50-day moving average of $331.76 and a 200-day moving average of $338.77. The firm has a market cap of $3.52 trillion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. 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 twelve month low of $270.70 and a twelve month high of $408.61.

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

Alphabet Dividend Announcement

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 given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet's dividend payout ratio is 4.59%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on GOOGL shares. UBS Group set a $332.00 price target on Alphabet and gave the company a "neutral" rating in a report on Thursday, October 29th. Morgan Stanley reaffirmed an "overweight" rating and issued a $375.00 price objective (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Royal Bank Of Canada decreased their target price on shares of Alphabet from $425.00 to $400.00 and set an "outperform" rating for the company in a research report on Thursday, October 29th. Truist Financial lowered their target price on shares of Alphabet from $420.00 to $410.00 and set a "buy" rating on the stock in a research note on Thursday, October 29th. Finally, Yorkville Ives began coverage on shares of Alphabet in a research report on Monday, October 5th. They set an "outperform" rating and a $400.00 price target on the stock. Five investment 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. According to data from MarketBeat.com, Alphabet has an average rating of "Buy" and an average price target of $412.51.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the company's stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company's stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last three months, insiders sold 247 shares of company stock worth $79,238. Company insiders own 11.61% of the company's stock.

Trending Headlines about 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, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
• Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

About Alphabet

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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