Alphabet Inc. $GOOG Stock Acquired by CHICAGO TRUST Co NA

Key Points

• CHICAGO TRUST Co NA increased its Alphabet stake by 22.8% in the third quarter, acquiring 10,559 additional shares and bringing its holdings to 56,926 shares valued at approximately $19.4 million. Institutional investors collectively own 27.26% of Alphabet.
• Alphabet reported quarterly revenue of $127.58 billion, up 24.7% year over year, but missed earnings expectations with EPS of $2.12 versus the $3.01 consensus estimate. Shares opened at $278.04, near their 12-month low of $271.41.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $413.38, while investors weigh strong cloud and AI growth against rising infrastructure spending and pressure on search monetization.

CHICAGO TRUST Co NA lifted its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 22.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,926 shares of the information services provider's stock after purchasing an additional 10,559 shares during the quarter. Alphabet comprises 2.6% of CHICAGO TRUST Co NA's investment portfolio, making the stock its 6th biggest holding. CHICAGO TRUST Co NA's holdings in Alphabet were worth $19,397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parcion Private Wealth LLC lifted its position in Alphabet by 2.2% during the 3rd quarter. Parcion Private Wealth LLC now owns 25,444 shares of the information services provider's stock valued at $8,670,000 after acquiring an additional 557 shares during the period. Partners Wealth Management LLC purchased a new stake in Alphabet in the third quarter worth about $8,068,000. SS&H Financial Advisors Inc. increased its stake in shares of Alphabet by 5.4% during the third quarter. SS&H Financial Advisors Inc. now owns 29,120 shares of the information services provider's stock valued at $9,922,000 after purchasing an additional 1,500 shares in the last quarter. Founders Financial Securities LLC increased its stake in shares of Alphabet by 31.5% during the third quarter. Founders Financial Securities LLC now owns 4,192 shares of the information services provider's stock valued at $1,429,000 after purchasing an additional 1,003 shares in the last quarter. Finally, Kelsey Financial LLC increased its stake in shares of Alphabet by 3.7% during the third quarter. Kelsey Financial LLC now owns 990 shares of the information services provider's stock valued at $337,000 after purchasing an additional 35 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

Shares of GOOG opened at $278.04 on Tuesday. The company has a market cap of $3.40 trillion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 0.92 and a beta of 1.19. The business's fifty day simple moving average is $334.45 and its two-hundred day simple moving average is $337.96. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). The business had revenue of $127.58 billion during the quarter, compared to analysts' expectations of $127.97 billion. Alphabet had a return on equity of 46.63% and a net margin of 50.03%. The firm's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.87 EPS. Research analysts anticipate that Alphabet Inc. will post 19.99 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend 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 4.59%.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 247 shares of company stock valued at $79,238. 12.99% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on GOOG. Benchmark reiterated a "buy" rating on shares of Alphabet in a report on Thursday. Guggenheim restated a "buy" rating and issued a $450.00 price target on shares of Alphabet in a research note on Thursday. Zacks Research lowered Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a research note on Thursday, July 23rd. Finally, Moffett Nathanson dropped their target price on Alphabet from $380.00 to $370.00 and set a "buy" rating on the stock in a report on Wednesday, September 16th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $413.38.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI demand remain major growth drivers. Google Cloud revenue reportedly nearly doubled year over year to approximately $30.7 billion, while its backlog reached about $561 billion. Analysts also point to accelerating cloud usage, potential external TPU sales and future Gemini monetization as evidence that Alphabet’s AI investments could create new revenue streams. Alphabet: Cloud Acceleration And TPU Sales Hedge Against Search Cannibalization
• Positive Sentiment: Alphabet is raising capital to fund infrastructure expansion. The company launched a roughly €6 billion ($6.7 billion) European bond offering, reportedly attracting orders well above the amount offered. Strong demand from debt investors may signal confidence in Alphabet’s balance sheet and long-term AI strategy, although it also confirms that the build-out will require substantial financing. Alphabet kicks off €6 billion bond sale
• Positive Sentiment: Some investors view the sell-off as a valuation opportunity. At roughly 14.5 times earnings, Alphabet is considered inexpensive relative to its historical valuation by several commentators, who believe cloud growth and AI infrastructure demand can eventually offset pressure on traditional search. Preliminary discussions involving Alphabet-related technology and a potential U.S. defense initiative could provide another long-term enterprise revenue channel, but no final contract has been announced. Alphabet Plummets After Earnings
• Neutral Sentiment: Investor attention is increasingly focused on Alphabet’s changing business mix. Search now accounts for less than half of revenue, while cloud and other businesses are expanding. This diversification could reduce dependence on advertising over time, but investors still need evidence that newer AI products can achieve the margins and monetization rates of traditional search. What’s Going on with Alphabet Stock?
• Negative Sentiment: High AI spending is creating immediate financial pressure. Alphabet missed quarterly EPS expectations, search growth slowed to roughly 12%, and capital spending pushed free cash flow negative by approximately $9.1 billion for a second consecutive quarter. Investors fear AI-generated answers may produce less advertising revenue than conventional search while requiring billions in additional data-center investment. Alphabet’s Google spending derails major shareholder perk
• Negative Sentiment: Multiple securities-law firms are publicizing a shareholder class action. The lawsuit concerns investors who purchased Alphabet securities between May 19 and July 16, 2026, with lead-plaintiff deadlines in late November or December. The notices are primarily legal solicitations, but they add reputational and headline risk. Rosen Alphabet securities class action notice

About Alphabet

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google's principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

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