Alphabet Inc. $GOOG Position Increased by LDIC Inc.

Key Points

• LDIC Inc. increased its Alphabet position by 10% in the third quarter, purchasing 4,817 additional shares and bringing its holdings to 52,861 shares valued at approximately $18.0 million.
• Analysts maintain a broadly positive outlook, with Alphabet receiving a consensus “Buy” rating and an average price target of $421.98, despite several firms recently lowering their targets.
• Alphabet reported strong quarterly results, including 24.2% year-over-year revenue growth and earnings well above estimates, while investors continue to weigh AI growth opportunities against rising data-center spending, competition and litigation risks.

LDIC Inc. boosted its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 10.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 52,861 shares of the information services provider's stock after purchasing an additional 4,817 shares during the period. Alphabet comprises 11.7% of LDIC Inc.'s holdings, making the stock its 3rd largest position. LDIC Inc.'s holdings in Alphabet were worth $18,012,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sanders Morris Harris LLC acquired a new stake in shares of Alphabet during the 3rd quarter worth about $6,707,000. Consilium Wealth Advisory LLC boosted its stake in shares of Alphabet by 2.6% in the third quarter. Consilium Wealth Advisory LLC now owns 6,403 shares of the information services provider's stock valued at $2,182,000 after buying an additional 160 shares during the period. N10 Wealth LLC lifted its position in shares of Alphabet by 1.6% during the 3rd quarter. N10 Wealth LLC now owns 48,128 shares of the information services provider's stock valued at $16,399,000 after acquiring an additional 747 shares during the period. ABLE Financial Group LLC grew its stake in Alphabet by 16.3% during the third quarter. ABLE Financial Group LLC now owns 5,340 shares of the information services provider's stock worth $1,820,000 after buying an additional 748 shares in the last quarter. Finally, Aspen Wealth Management LLC boosted its position in shares of Alphabet by 51.0% during the 3rd quarter. Aspen Wealth Management LLC now owns 3,775 shares of the information services provider's stock worth $1,286,000 after acquiring an additional 1,275 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GOOG. HSBC set a $515.00 price objective on Alphabet in a research note on Friday, August 14th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Truist Financial decreased their target price on shares of Alphabet from $430.00 to $420.00 and set a "buy" rating for the company in a research report on Thursday, July 23rd. JPMorgan Chase & Co. lowered their price objective on Alphabet from $460.00 to $420.00 and set an "overweight" rating for the company in a research report on Thursday, July 23rd. Finally, DA Davidson lowered their price objective on shares of Alphabet from $375.00 to $350.00 and set a "neutral" rating for the company in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $421.98.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google began rolling out Gemini 4 Argon to developers, businesses and paying subscribers, adding coding tools and customization features. The model also scored 91.1% in an accounting benchmark, potentially strengthening Alphabet’s position in enterprise AI. Google launches flagship AI model Gemini 4 Argon for developers, businesses
• Positive Sentiment: Analysts and bullish investors continue to point to Google Cloud expansion, improving AI monetization and Alphabet’s internally developed AI chips as potential growth drivers. One analyst estimated the chip business could eventually unlock $100 billion in revenue. Alphabet Could Unlock $100 Billion From AI Chips by 2028
• Positive Sentiment: American Electric Power plans to invest approximately $4 billion in a Wyoming fuel-cell project to supply Google’s growing electricity needs. The agreement highlights strong demand for Alphabet’s data-center infrastructure, although it also underscores the scale of required AI spending. American Electric Power to invest $4 billion fuel-cell project to power Google
• Neutral Sentiment: The European Commission said it remains in dialogue with Google, suggesting ongoing regulatory uncertainty but no specific enforcement action was detailed in the report. EU Commission is in dialogue with Google
• Negative Sentiment: Several law firms publicized a securities-fraud class action against Alphabet concerning alleged disclosures about the development and timing of the Gemini 3.5 Pro model. Investors who purchased shares from May 19 through July 16, 2026, face lead-plaintiff deadlines around November 30 and December 1. The announcements increase headline and potential litigation risk, although they do not establish wrongdoing. Rosen Alphabet securities class action announcement
• Negative Sentiment: Investors also remain concerned that enormous data-center and AI capital expenditures could pressure free cash flow, while intensifying competition from Microsoft, Apple and Meta may raise the cost of defending Google’s AI and search franchises.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the company's 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 transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the company's stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 441,399 shares of company stock worth $8,677,053 in the last ninety days. Company insiders own 12.99% of the company's stock.

Alphabet Stock Performance

Shares of Alphabet stock opened at $343.65 on Thursday. The company has a market cap of $4.20 trillion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19. The business has a 50 day moving average price of $341.65 and a 200-day moving average price of $348.38. Alphabet Inc. has a 52 week low of $244.67 and a 52 week high of $404.47. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $116.53 billion. During the same period last year, the business earned $2.31 EPS. The business's revenue was up 24.2% on a year-over-year basis. Equities analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet's chief executive officer and also leads Google.

Google is Alphabet's primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.

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