Alphabet Inc. $GOOG Stock Purchased by Ethic Inc.

Key Points

• Ethic Inc. increased its Alphabet holdings by 2.1% in the third quarter, adding 13,072 shares to reach 624,637 shares valued at about $212.8 million.
• Analysts rate Alphabet a consensus “Moderate Buy,” with an average price target of $413.38; 41 analysts have Buy or Strong Buy ratings.
• Alphabet’s latest quarterly results missed analyst expectations: EPS was $2.12 versus $3.01 expected, while revenue of $127.58 billion was slightly below forecast but rose 24.7% year over year.

Ethic Inc. boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 624,637 shares of the information services provider's stock after acquiring an additional 13,072 shares during the period. Alphabet accounts for 2.4% of Ethic Inc.'s portfolio, making the stock its 7th largest position. Ethic Inc.'s holdings in Alphabet were worth $212,839,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. 180 Wealth Advisors LLC grew its holdings in Alphabet by 0.7% during the third quarter. 180 Wealth Advisors LLC now owns 37,180 shares of the information services provider's stock valued at $12,669,000 after purchasing an additional 243 shares during the period. Axiom Investment Management LLC increased its stake in Alphabet by 21.9% in the third quarter. Axiom Investment Management LLC now owns 970 shares of the information services provider's stock valued at $331,000 after purchasing an additional 174 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in Alphabet by 3.2% in the third quarter. Pictet Asset Management Holding SA now owns 2,960,173 shares of the information services provider's stock worth $1,008,526,000 after purchasing an additional 92,394 shares during the period. Palisade Asset Management LLC raised its holdings in Alphabet by 1.7% in the third quarter. Palisade Asset Management LLC now owns 10,516 shares of the information services provider's stock worth $3,583,000 after purchasing an additional 172 shares during the period. Finally, Investment Management Corp VA ADV raised its holdings in Alphabet by 5.9% in the third quarter. Investment Management Corp VA ADV now owns 2,844 shares of the information services provider's stock worth $969,000 after purchasing an additional 159 shares during the period. Institutional investors own 27.26% of the company's stock.

Insider Activity

In related news, Director Frances Arnold sold 83 shares of the company's stock in a transaction dated 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 owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 247 shares of company stock valued at $79,238 over the last 90 days. 12.99% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Stifel Nicolaus set a $485.00 price target on shares of Alphabet in a research report on Thursday, October 8th. Needham & Company LLC reaffirmed a "buy" rating on shares of Alphabet in a research note on Tuesday, October 27th. Moffett Nathanson dropped their price objective on Alphabet from $380.00 to $370.00 and set a "buy" rating on the stock in a research note on Wednesday, September 16th. Oppenheimer reiterated an "outperform" rating and set a $400.00 target price (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Susquehanna reissued a "positive" rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alphabet has a consensus rating of "Moderate Buy" and an average price target of $413.38.

Alphabet Trading Up 0.7%

NASDAQ GOOG opened at $286.01 on Tuesday. The stock's 50 day moving average price is $328.65 and its two-hundred day moving average price is $336.80. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.93, a PEG ratio of 0.87 and a beta of 1.21. Alphabet Inc. has a 52 week low of $271.41 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates 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 during 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% on a year-over-year basis. As a group, analysts anticipate that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's payout ratio is currently 4.59%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Alphabet Company Profile

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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