Alphabet Inc. $GOOG Stock Holdings Lowered by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington Investment Advisors reduced its Alphabet holdings by 1.4% in the third quarter, selling 36,827 shares. It still owned 2.51 million shares worth approximately $855.6 million, representing 4.2% of its portfolio.
• Other institutional investors increased or initiated positions, while institutional investors collectively owned 27.26% of Alphabet. The stock was trading at $344.91, with a market capitalization of roughly $4.22 trillion.
• Alphabet reported quarterly revenue of $119.8 billion and earnings of $9.11 per share, exceeding analyst expectations, with revenue up 24.2% year over year. Analysts maintained a generally positive view, giving the stock an average “Buy” rating and a $422.10 price target.

Fort Washington Investment Advisors Inc. OH lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,510,887 shares of the information services provider's stock after selling 36,827 shares during the quarter. Alphabet accounts for approximately 4.2% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 3rd largest holding. Fort Washington Investment Advisors Inc. OH's holdings in Alphabet were worth $855,560,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Denali Advisors LLC grew its stake in shares of Alphabet by 14.8% during the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider's stock worth $37,449,000 after acquiring an additional 13,700 shares in the last quarter. Heck Capital Advisors LLC raised its holdings in shares of Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider's stock valued at $7,854,000 after purchasing an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC bought a new stake in shares of Alphabet in the first quarter worth $7,075,000. Sax Wealth Advisors LLC lifted its position in shares of Alphabet by 13.3% in the second quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider's stock worth $10,773,000 after purchasing an additional 3,575 shares in the last quarter. Finally, TrueMark Investments LLC bought a new stake in shares of Alphabet in the first quarter worth $1,277,000. 27.26% of the stock is currently owned by institutional investors.

Alphabet Stock Up 0.4%

NASDAQ:GOOG opened at $344.91 on Friday. The firm has a market capitalization of $4.22 trillion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.00 and a beta of 1.19. Alphabet Inc. has a twelve month low of $244.67 and a twelve month high of $404.47. The stock's 50 day moving average price is $341.41 and its two-hundred day moving average price is $348.88. 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 announced its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business's revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.31 EPS. Equities research analysts expect that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: JPMorgan raised its price target to $425 from $420 and maintained an Overweight rating. The firm cited sustained Google Cloud growth and Alphabet’s ability to remain competitive in artificial intelligence. Alphabet Stocks Rise as JPMorgan Lifts Target on Cloud Growth
• Positive Sentiment: Alphabet continues to generate positive AI momentum. Gemini 4 Argon reportedly scored highly on accounting and enterprise benchmarks, while Google demonstrated a quantum-computing technique that could reduce errors significantly. These developments support the company’s positioning against OpenAI, Anthropic and other rivals. Gemini 4 Argon Accounting Benchmark
• Positive Sentiment: New commercial initiatives—including Google’s Universal Cart shopping tool, a multiyear AI partnership with CNN and potential YouTube audiobook offerings—could broaden monetization across Search, Gemini and YouTube. Google Universal Cart Launch
• Neutral Sentiment: Investors are looking ahead to Alphabet’s upcoming earnings, with analysts generally bullish on AI and cloud growth. However, the company’s substantial data-center and AI infrastructure spending raises questions about near-term free cash flow and returns on capital. Alphabet Q3 Preview
• Negative Sentiment: Multiple law firms are promoting a securities class action alleging that Alphabet failed to disclose disappointing Gemini training results. The repeated notices and December lead-plaintiff deadline create a reputational and potential litigation overhang, although they do not represent new operating results. Alphabet Securities Fraud Lawsuit
• Negative Sentiment: Google warned that suspected China-linked hackers may exploit a vulnerability in BeyondTrust software, adding cybersecurity and trust concerns. Separately, renewed fears over stretched AI valuations and competition for digital advertising could limit further gains. Google Warns of BeyondTrust Exploitation Risk

Analyst Ratings Changes

Several research analysts recently commented on GOOG shares. DA Davidson reduced their target price on shares of Alphabet from $375.00 to $350.00 and set a "neutral" rating for the company in a report on Thursday, July 23rd. BMO Capital Markets raised their target price on shares of Alphabet from $455.00 to $465.00 and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Jefferies Financial Group reiterated a "buy" rating on shares of Alphabet in a research note on Monday, August 3rd. Raymond James Financial reissued a "strong-buy" rating on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Wolfe Research reissued an "outperform" rating on shares of Alphabet in a research report on Thursday, August 27th. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $422.10.

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 420,865 shares of company stock worth $8,293,477. Insiders own 12.99% of the company's stock.

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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