3,739 Alphabet Inc. $GOOGL Shares Sold by Americana Partners LLC

Key Points

• Americana Partners cut its Alphabet stake by 1.5%, selling 3,739 shares in the third quarter. It retained 244,133 shares, valued at about $84 million.
• Alphabet reported quarterly earnings of $2.12 per share, below the $3.02 analyst consensus; revenue of $127.58 billion also slightly missed estimates.
• The company declared a $0.22-per-share quarterly dividend, equivalent to $0.88 annually and a yield of about 0.3%.

Americana Partners LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 244,133 shares of the information services provider's stock after selling 3,739 shares during the quarter. Alphabet makes up 1.8% of Americana Partners LLC's portfolio, making the stock its 10th largest position. Americana Partners LLC's holdings in Alphabet were worth $84,001,000 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 the stock. State Street Corp boosted its holdings in Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock valued at $85,403,303,000 after acquiring an additional 12,718,127 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock worth $4,900,078,000 after purchasing an additional 8,112,680 shares during the last quarter. Amundi raised its holdings in Alphabet by 12.7% during the 1st quarter. Amundi now owns 31,745,979 shares of the information services provider's stock worth $9,128,850,000 after purchasing an additional 3,574,810 shares during the last quarter. Jupiter Topco LLC acquired a new position in Alphabet during the 2nd quarter valued at about $1,058,385,000. Finally, Nykredit A S acquired a new position in Alphabet during the 2nd quarter valued at about $1,004,749,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet Price Performance

Alphabet stock opened at $284.78 on Monday. The firm has a market cap of $3.50 trillion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.23. 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 stock's fifty day moving average price is $332.93 and its two-hundred day moving average price is $338.97. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61.

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

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be issued 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 is 4.59%.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred 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 approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 247 shares of company stock valued at $79,238. Corporate insiders own 11.61% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $325.00 price objective (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Yorkville Ives initiated coverage on Alphabet in a report on Monday, October 5th. They set an "outperform" rating and a $400.00 target price on the stock. Zacks Research cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Finally, Guggenheim reiterated a "buy" rating and issued a $450.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $412.51.

Key Headlines Impacting 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

Alphabet Company 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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