Alphabet Inc. $GOOGL Stake Decreased by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington Investment Advisors reduced its Alphabet stake by 3.9% in the third quarter, selling 3,211 shares and retaining 79,130 shares valued at approximately $27.2 million. Institutional investors and hedge funds own about 40% of Alphabet.
• Alphabet reported quarterly EPS of $9.11, exceeding the $2.89 consensus estimate, while revenue reached $119.8 billion versus expectations of $117.07 billion.
• Despite a 2.5% stock decline, analysts remain broadly bullish: Alphabet carries a “Buy” consensus rating with an average price target of $425.04, compared with a referenced share price of $340.59.

Fort Washington Investment Advisors Inc. OH trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 79,130 shares of the information services provider's stock after selling 3,211 shares during the period. Fort Washington Investment Advisors Inc. OH's holdings in Alphabet were worth $27,227,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. EMC Capital Management purchased a new stake in Alphabet in the fourth quarter valued at approximately $33,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth $32,000. Core Capital Management & Research inc. acquired a new position in Alphabet during the second quarter worth $41,000. Premier Financial Group purchased a new position in shares of Alphabet during the second quarter worth $45,000. Finally, Graney & King LLC boosted its position in shares of Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider's stock worth $64,000 after buying an additional 50 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Down 2.5%

Alphabet stock opened at $340.59 on Friday. Alphabet Inc. has a twelve month low of $244.15 and a twelve month high of $408.61. The stock's fifty day simple moving average is $344.26 and its 200-day simple moving average is $351.32. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a P/E/G ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, equities analysts expect that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insiders Place Their Bets

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated 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 transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at $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 420,865 shares of company stock worth $8,293,477 in the last quarter. 11.61% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on GOOGL shares. JPMorgan Chase & Co. increased their target price on Alphabet from $420.00 to $425.00 and gave the stock an "overweight" rating in a research note on Thursday. Jefferies Financial Group restated a "buy" rating on shares of Alphabet in a report on Monday, June 22nd. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $417.00 target price (up from $411.00) on shares of Alphabet in a research report on Tuesday, October 6th. Truist Financial set a $420.00 price target on shares of Alphabet and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Finally, DA Davidson set a $350.00 price target on shares of Alphabet and gave the stock a "neutral" rating in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $425.04.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

About Alphabet

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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