Alphabet Inc. $GOOGL Shares Bought by Sigma Investment Counselors Inc.

Key Points

• Sigma Investment Counselors increased its Alphabet stake 9.5% in the third quarter, adding 3,143 shares to reach 36,216 shares valued at about $12.5 million. Other institutional investors also raised their holdings.
• Alphabet’s latest quarterly results fell short of expectations: EPS was $2.12 versus a $3.02 consensus estimate, while revenue of $127.58 billion was slightly below forecast.
• Google plans to invest $17 billion in a Wyoming data center to support AI demand, but the scale of infrastructure spending is fueling investor concerns about pressure on free cash flow and margins.

Sigma Investment Counselors Inc. lifted its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,216 shares of the information services provider's stock after buying an additional 3,143 shares during the period. Sigma Investment Counselors Inc.'s holdings in Alphabet were worth $12,461,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Parametrica Management Ltd boosted its stake in Alphabet by 15.4% in the 3rd quarter. Parametrica Management Ltd now owns 32,799 shares of the information services provider's stock worth $11,285,000 after purchasing an additional 4,367 shares during the period. William Mack & Associates Inc. increased its holdings in Alphabet by 2.0% during the 3rd quarter. William Mack & Associates Inc. now owns 7,195 shares of the information services provider's stock worth $2,476,000 after purchasing an additional 138 shares in the last quarter. Victory Financial Group LLC raised its stake in shares of Alphabet by 64.8% in the 3rd quarter. Victory Financial Group LLC now owns 35,594 shares of the information services provider's stock valued at $12,247,000 after purchasing an additional 14,002 shares during the period. Willow Creek Wealth Management Inc. raised its stake in shares of Alphabet by 0.8% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 15,893 shares of the information services provider's stock valued at $5,468,000 after purchasing an additional 120 shares during the period. Finally, Great Lakes Retirement Inc. raised its stake in shares of Alphabet by 0.4% in the 3rd quarter. Great Lakes Retirement Inc. now owns 108,068 shares of the information services provider's stock valued at $37,184,000 after purchasing an additional 425 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet Price Performance

NASDAQ:GOOGL opened at $282.57 on Friday. The stock has a market capitalization of $3.46 trillion, a PE ratio of 14.75, a P/E/G ratio of 0.87 and a beta of 1.23. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The firm has a fifty day simple moving average of $334.04 and a 200 day simple moving average of $339.15. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. On average, research analysts expect that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet's Google Plans $17 Billion Investment in Wyoming Data Center
• Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet's Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI

Analyst Ratings Changes

Several research firms have recently weighed in on GOOGL. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $325.00 price objective (down from $385.00) on shares of Alphabet in a research report on Thursday, October 29th. Citigroup dropped their target price on Alphabet from $447.00 to $375.00 and set a "buy" rating on the stock in a research report on Friday, October 30th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Thursday, October 15th. Barclays restated an "overweight" rating and issued a $405.00 target price (down from $425.00) on shares of Alphabet in a research note on Thursday, October 29th. Finally, JPMorgan Chase & Co. upped their price target on Alphabet from $420.00 to $425.00 and gave the stock an "overweight" rating in a research report on Thursday, October 15th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $412.51.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the company's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.

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