Alphabet Inc. $GOOG Stock Sold by Birch Hill Investment Advisors LLC

Key Points

• Birch Hill Investment Advisors cut its Alphabet stake by 4.7% in the third quarter, selling 8,288 shares and retaining 168,724 shares valued at approximately $57.5 million. Alphabet represents 2.5% of the firm’s portfolio, while institutional investors collectively own 27.26% of the stock.
• Alphabet reported quarterly EPS of $9.11, far above the $2.87 consensus estimate, while revenue rose 24.2% year over year to $119.8 billion. The company also pays a quarterly dividend of $0.22, equivalent to a 0.3% annual yield.
• Analysts maintain a consensus “Buy” rating with an average price target of $421.48, above the reported trading price of $340.16. Investors remain focused on Google Cloud and AI growth, while monitoring higher capital spending, infrastructure constraints and ongoing legal risks.

Birch Hill Investment Advisors LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,724 shares of the information services provider's stock after selling 8,288 shares during the quarter. Alphabet accounts for 2.5% of Birch Hill Investment Advisors LLC's holdings, making the stock its 15th biggest position. Birch Hill Investment Advisors LLC's holdings in Alphabet were worth $57,491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Absolute Capital Management LLC acquired a new position in Alphabet in the 3rd quarter worth approximately $385,000. Align Financial LLC raised its stake in Alphabet by 751.2% during the 3rd quarter. Align Financial LLC now owns 13,364 shares of the information services provider's stock valued at $4,554,000 after purchasing an additional 11,794 shares during the period. AlphaStar Capital Management LLC raised its stake in Alphabet by 11.7% during the 3rd quarter. AlphaStar Capital Management LLC now owns 16,998 shares of the information services provider's stock valued at $5,792,000 after purchasing an additional 1,775 shares during the period. CWS Financial Advisors LLC lifted its holdings in shares of Alphabet by 6.2% in the third quarter. CWS Financial Advisors LLC now owns 3,057 shares of the information services provider's stock valued at $1,042,000 after purchasing an additional 179 shares in the last quarter. Finally, Fulcrum Wealth Advisors LLC lifted its holdings in shares of Alphabet by 6.0% in the third quarter. Fulcrum Wealth Advisors LLC now owns 11,053 shares of the information services provider's stock valued at $3,766,000 after purchasing an additional 622 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet Trading Up 1.0%

Alphabet stock opened at $340.16 on Tuesday. Alphabet Inc. has a 12 month low of $244.67 and a 12 month high of $404.47. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.16 trillion, a P/E ratio of 17.08, a P/E/G ratio of 0.98 and a beta of 1.19. The company's fifty day simple moving average is $340.77 and its 200-day simple moving average is $349.71.

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 the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Alphabet's quarterly revenue was up 24.2% compared to the same quarter last year. During the same period last year, the company earned $2.31 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently commented on GOOG shares. Phillip Securities raised Alphabet from a "moderate buy" rating to a "strong-buy" rating and decreased their target price for the stock from $450.00 to $425.00 in a research report on Monday, July 27th. Morgan Stanley dropped their price target on Alphabet from $415.00 to $400.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Pivotal Research increased their price objective on Alphabet from $470.00 to $475.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Arete Research increased their price objective on Alphabet from $425.00 to $450.00 in a research note on Monday, July 6th. Finally, BMO Capital Markets raised their price objective on Alphabet from $455.00 to $465.00 and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $421.48.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI remain the main catalysts. Google Cloud grew 82% in the second quarter, and analysts expect continued acceleration, potentially including more than 100% growth in the third quarter. Investors are looking for evidence that rising demand for Gemini, cloud capacity and Tensor Processing Unit (TPU) chips is translating into profits. Alphabet Stock Slipped After Q2 Earnings. Here's What Investors Need to See in Q3.
• Positive Sentiment: Expanded enterprise AI partnerships broaden Google’s commercial reach. Google Cloud announced expanded agentic-AI collaborations with Cognizant and Accenture, including Gemini programs for U.S. federal agencies. These agreements could support adoption of Google’s AI platform and cloud services. Cognizant and Google Cloud Expand Alliance to Accelerate Agentic Enterprise Transformation
• Positive Sentiment: Analysts see substantial upside from custom AI chips. One estimate suggests Alphabet’s TPU business could generate as much as $104 billion in sales by 2028. Alphabet’s strong balance sheet, resilient Search and fast-growing Cloud business remain longer-term positives. 1 Analyst Thinks Alphabet Stock Could Jump 20% on AI Chip Demand. Is He Right?
• Neutral Sentiment: Investors are awaiting a demanding earnings test. Alphabet previously delivered a major revenue and EPS beat, but the stock weakened afterward. The next report must demonstrate that cloud growth and TPU demand can offset concerns about sharply higher capital expenditures and potentially negative free cash flow.
• Neutral Sentiment: AI infrastructure constraints remain a mixed factor. Reported delays to a next-generation TPU appear manageable for custom-chip partners, but could postpone some capacity and revenue. Data-center power and permitting challenges may also raise costs even as demand remains strong. Marvell Jumps 6% as GF Securities Says Google Chip Delay Won't Dent Its Position
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action. The complaint covers investors who bought Alphabet securities from May 19 through July 16, 2026, and alleges that the company failed to disclose material information, including potential delays to Gemini 3.5 Pro. The lead-plaintiff deadline is December 1, 2026; the allegations have not been proven. Deadline Alert: Alphabet Inc. Investors Have Until December 1, 2026 to Seek Lead Plaintiff Role
• Negative Sentiment: The Supreme Court rejected Google’s challenge to a U.S. patent-agency review policy, representing a legal setback that could increase uncertainty around intellectual-property disputes. Supreme Court rejects Google challenge to US patent agency review policy

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 402,479 shares of company stock valued at $7,946,534 in the last three months. Insiders own 12.99% of the company's stock.

Alphabet Profile

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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