Alphabet Inc. $GOOG Position Lifted by Asset One Wealth Management LLC

Key Points

• Asset One Wealth Management increased its Alphabet stake 55.2% in the third quarter, to 39,684 shares worth about $13.5 million.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $413.38; ratings include six Strong Buys and 35 Buys.
• Alphabet’s latest quarterly revenue rose 24.7% year over year to $127.58 billion, but EPS of $2.12 fell short of the $3.01 consensus estimate.

Asset One Wealth Management LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 55.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,684 shares of the information services provider's stock after acquiring an additional 14,116 shares during the period. Alphabet comprises approximately 1.2% of Asset One Wealth Management LLC's holdings, making the stock its 16th largest position. Asset One Wealth Management LLC's holdings in Alphabet were worth $13,522,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Readystate Asset Management LP bought a new stake in Alphabet during the second quarter valued at about $45,352,000. Arrowstreet Capital Limited Partnership increased its position in Alphabet by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider's stock worth $4,182,952,000 after buying an additional 6,300,900 shares in the last quarter. State Street Corp increased its position in Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock worth $67,458,980,000 after buying an additional 5,208,690 shares in the last quarter. BlackRock Inc. raised its stake in shares of Alphabet by 1.4% in the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock worth $130,704,718,000 after buying an additional 5,164,200 shares during the period. Finally, Amundi raised its stake in shares of Alphabet by 22.9% in the first quarter. Amundi now owns 21,922,379 shares of the information services provider's stock worth $6,288,654,000 after buying an additional 4,083,758 shares during the period. Institutional investors own 27.26% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on GOOG. Scotiabank reaffirmed a "sector outperform" rating and set a $375.00 price objective (down from $450.00) on shares of Alphabet in a research report on Thursday, October 29th. Rosenblatt Securities started coverage on shares of Alphabet in a report on Thursday, August 20th. They issued a "buy" rating for the company. Canaccord Genuity Group set a $450.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Susquehanna reaffirmed a "positive" rating and set a $400.00 price target on shares of Alphabet in a report on Thursday, October 29th. Finally, HSBC set a $515.00 price target on shares of Alphabet in a research report on Friday, August 14th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $413.38.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business'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 owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 247 shares of company stock valued at $79,238 over the last quarter. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Performance

NASDAQ GOOG opened at $283.93 on Monday. The firm has a market cap of $3.49 trillion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 0.86 and a beta of 1.21. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $329.78 and a 200-day moving average price of $337.01. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. During the same period last year, the business posted $2.87 EPS. The firm's revenue for the quarter was up 24.7% compared to the same quarter last year. As a group, equities research analysts predict that Alphabet Inc. will post 19.80 EPS 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. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 4.59%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet's Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

About Alphabet

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.

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