Alphabet Inc. $GOOGL Holdings Lessened by CapWealth Advisors LLC

Key Points

• CapWealth Advisors reduced its Alphabet position by 4.6% in the third quarter, selling 2,517 shares and retaining 52,536 shares valued at approximately $18.1 million. Institutional investors collectively own about 40% of Alphabet.
• Alphabet reported quarterly revenue of $119.8 billion and EPS of $9.11, exceeding analyst expectations. Wall Street maintains a “Buy” consensus with an average price target of $425.60, compared with the reported share price of $345.22.
• Alphabet’s AI and Google Cloud expansion support the growth outlook, but rising AI capital expenditures and regulatory challenges—including a proposed £1 billion U.K. Play Store claim—could pressure cash flow and shareholder returns.

CapWealth Advisors LLC reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,536 shares of the information services provider's stock after selling 2,517 shares during the period. CapWealth Advisors LLC's holdings in Alphabet were worth $18,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Heartwood Wealth Advisors LLC grew its holdings in Alphabet by 3.3% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 11,196 shares of the information services provider's stock valued at $3,852,000 after purchasing an additional 354 shares in the last quarter. Silverleafe Capital Partners LLC lifted its holdings in Alphabet by 86.3% in the 3rd quarter. Silverleafe Capital Partners LLC now owns 1,146 shares of the information services provider's stock worth $394,000 after buying an additional 531 shares in the last quarter. Miller Global Investments LLC boosted its position in Alphabet by 16.4% in the 3rd quarter. Miller Global Investments LLC now owns 5,747 shares of the information services provider's stock valued at $1,977,000 after buying an additional 811 shares during the last quarter. Polaris Financial Partners purchased a new position in Alphabet in the 3rd quarter valued at about $2,262,000. Finally, Boltwood Capital Management grew its stake in shares of Alphabet by 2.1% during the third quarter. Boltwood Capital Management now owns 27,739 shares of the information services provider's stock valued at $9,544,000 after acquiring an additional 565 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled Gemini 4 Argon, an enterprise-focused AI model designed to perform complex, multistep work in software engineering, cybersecurity, finance, and legal services. A stronger product could support Google Cloud growth, subscriptions, and competitive positioning against OpenAI and Anthropic. Tech Bytes: Google unveils Gemini 4 Argon as AI race shifts to autonomous work
• Positive Sentiment: Recent commentary highlights Google Cloud’s rapid expansion, a substantial backlog, and Alphabet’s ability to monetize AI through cloud contracts, advertising, and paid subscriptions. Alphabet’s operating income reportedly rose 30% year over year in both first-half 2026 quarters, supporting the bullish case for continued earnings growth. Prediction: Alphabet's Profit Growth Carries It to $5 Trillion Before 2028
• Positive Sentiment: Alphabet’s investment in Anthropic could benefit shareholders if a potential IPO provides liquidity or increases Anthropic’s ability to purchase computing capacity, potentially benefiting Google Cloud and other AI infrastructure suppliers. 4 Major Winners From an Anthropic IPO
• Neutral Sentiment: Alphabet executives are scheduled to testify at a New York City Council hearing on AI risks. The event may increase visibility for Google’s AI efforts, but could also foreshadow additional compliance requirements. AI risks hearing
• Negative Sentiment: Alphabet’s capital expenditures reportedly doubled year over year to $44.92 billion in the second quarter, raising concerns that AI infrastructure spending could pressure free cash flow and shareholder returns before the investments generate sufficient profits. Alphabet Reported Negative Free Cash Flow
• Negative Sentiment: Google faces a proposed £1 billion U.K. consumer claim alleging that Play Store commissions of up to 30% violate competition law. An adverse outcome could create financial liability and add to Alphabet’s broader regulatory burden. Google faces UK Play Store legal claim

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Tigress Financial reiterated a "strong-buy" rating and issued a $485.00 price target (up from $415.00) on shares of Alphabet in a research note on Thursday, September 17th. DZ Bank upgraded Alphabet to a "strong-buy" rating in a report on Thursday, July 23rd. DA Davidson set a $350.00 target price on Alphabet and gave the company a "neutral" rating in a research report on Thursday, July 23rd. Citizens Jmp reiterated a "market outperform" rating and set a $515.00 target price on shares of Alphabet in a research note on Wednesday, July 22nd. Finally, Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, July 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $425.60.

Alphabet Stock Performance

Shares of NASDAQ GOOGL traded up $1.72 during midday trading on Monday, hitting $345.22. The company's stock had a trading volume of 7,993,732 shares, compared to its average volume of 30,829,584. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61. The firm's fifty day moving average price is $344.74 and its 200-day moving average price is $348.00. The firm has a market cap of $4.22 trillion, a P/E ratio of 17.35, a P/E/G ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, sell-side analysts forecast that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio is presently 4.42%.

Insider Buying and Selling

In other news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 441,399 shares of company stock worth $8,677,053 in the last three months. 11.61% of the stock is owned by insiders.

Alphabet Company Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.

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