Alphabet Inc. $GOOG Stock Purchased by Vestor Capital LLC

Key Points

• Vestor Capital increased its Alphabet stake by 540.6% in the third quarter, adding 168,869 shares to own 200,105 shares valued at about $68.2 million.
• Alphabet reported quarterly EPS of $2.12, below the $3.01 analyst consensus, while revenue rose 24.7% year over year to $127.58 billion—slightly under estimates.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $413.38; the stock opened at $284.92 in the article’s report.

Vestor Capital LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 540.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 200,105 shares of the information services provider's stock after purchasing an additional 168,869 shares during the period. Alphabet comprises approximately 1.9% of Vestor Capital LLC's investment portfolio, making the stock its 13th biggest holding. Vestor Capital LLC's holdings in Alphabet were worth $68,184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC grew its position in Alphabet by 135.5% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider's stock worth $25,000 after purchasing an additional 42 shares during the period. Castlekeep Investment Advisors LLC acquired a new position in shares of Alphabet in the 2nd quarter valued at about $29,000. Livelsberger Financial Advisory acquired a new position in shares of Alphabet in the 3rd quarter valued at about $37,000. Timbuktu Capital Management LLC acquired a new position in shares of Alphabet in the 2nd quarter valued at about $46,000. Finally, Team Financial Group LLC purchased a new stake in shares of Alphabet in the third quarter worth about $60,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Down 0.4%

GOOG opened at $284.92 on Wednesday. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. 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 company has a fifty day moving average of $327.64 and a two-hundred day moving average of $336.57. The stock has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.87, a PEG ratio of 0.87 and a beta of 1.21.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data 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 return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same quarter last year, the company posted $2.87 EPS. The company's revenue was up 24.7% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 19.74 earnings per share for the current year.

Alphabet Dividend Announcement

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

Insider Buying and Selling at Alphabet

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 transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic investment and cloud ties could add value. Alphabet plans to invest $10 billion in Anthropic at its IPO, on top of prior commitments. Anthropic also has large Google Cloud infrastructure commitments, potentially supporting cloud revenue and giving Alphabet a valuable stake if the IPO valuation holds. Those gains remain contingent on the offering and valuation. Article: Anthropic's Trillion-Dollar IPO Could Give Cloud Giants a Double Win
• Positive Sentiment: Google is expanding its AI hardware and model lineup. New TPU variants target confidential computing and larger AI workloads, potentially helping Google Cloud compete and reduce reliance on outside chips. Google also made Gemini 4 Carbon available to developers and businesses. Article: Google broadens its AI hardware portfolio with two new specialized chips Article: Google Launches Gemini 4 Carbon
• Neutral Sentiment: Pixel Tag adds a new consumer product. Google’s $30 item tracker is now available for Android users, but its effect on Alphabet’s overall results is likely limited. Article: Pixel Tag is now available
• Negative Sentiment: Investors face renewed securities-fraud lawsuit headlines. Multiple law firms publicized a pending class action alleging misleading statements about the Gemini 3.5 Pro launch timeline. The lead-plaintiff deadline is December 1. The notices are largely legal solicitations, but the underlying allegations can add uncertainty and reputational risk. Article: Alphabet securities-fraud lawsuit deadline
• Negative Sentiment: AI competition is intensifying. Anthropic is reportedly developing workplace tools, including a spreadsheet product that could compete with Google Sheets, while its Claude assistant is expanding into Google Meet. This highlights both competitive pressure and the risk of depending on a partner that also competes with Google. Article: Anthropic brings Claude to Google Meet
• Negative Sentiment: Waymo faces a safety and privacy overhang. Federal scrutiny over robotaxis’ school-bus behavior and added privacy protections related to Spirit Airlines employee data create regulatory and reputational risks. Article: Federal Government Probes Waymo Over School-Bus Safety

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of recent research reports. Susquehanna restated a "positive" rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, October 29th. DZ Bank upgraded Alphabet from a "buy" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Citizens Jmp downgraded Alphabet from a "mkt outperform" rating to a "market perform" rating in a report on Thursday, October 29th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Thursday, October 15th. Finally, Wolfe Research reaffirmed an "outperform" rating on shares of Alphabet in a research note on Thursday, August 27th. 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 given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $413.38.

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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