Alphabet Inc. $GOOGL Stock Acquired by Charles Schwab Trust Co

Key Points

• Charles Schwab Trust Co increased its Alphabet stake by 10.9% in the third quarter, purchasing 1,961 additional shares and bringing its holdings to 19,911 shares valued at approximately $6.85 million.
• Institutional ownership remains significant, with hedge funds and other institutions holding 40.03% of Alphabet. Several major investors, including State Street, Amundi and Arrowstreet Capital, also expanded their positions.
• Analysts remain broadly bullish, with Alphabet receiving an overall “Buy” rating and an average price target of $425.04, although investors continue to monitor AI-related capital spending, litigation risk and insider stock sales.

Charles Schwab Trust Co raised its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 10.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,911 shares of the information services provider's stock after purchasing an additional 1,961 shares during the quarter. Charles Schwab Trust Co's holdings in Alphabet were worth $6,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in GOOGL. State Street Corp raised its position in Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after acquiring an additional 12,718,127 shares during the period. Amundi boosted its stake in Alphabet by 4.6% in the second quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Alphabet by 10.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock valued at $6,334,186,000 after acquiring an additional 1,631,721 shares during the period. Swiss National Bank grew its position in shares of Alphabet by 7.1% during the 1st quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider's stock valued at $4,911,467,000 after acquiring an additional 1,139,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock valued at $4,900,078,000 after acquiring an additional 8,112,680 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Alphabet

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.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The stock was 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 of the company's stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 420,865 shares of company stock worth $8,293,477. Corporate insiders own 11.61% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on GOOGL shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $425.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Piper Sandler upped their price objective on Alphabet from $395.00 to $400.00 and gave the company an "overweight" rating in a research note on Monday, September 28th. Morgan Stanley set a $400.00 price objective on Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Tigress Financial reissued a "strong-buy" rating and issued a $485.00 target price (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $420.00 target price on shares of Alphabet in a research report on Monday, October 12th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $425.04.

Alphabet Stock Performance

NASDAQ GOOGL opened at $340.59 on Friday. Alphabet Inc. has a 1 year low of $244.15 and a 1 year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market capitalization of $4.17 trillion, a PE ratio of 17.11, a P/E/G ratio of 0.99 and a beta of 1.21. The company's 50 day simple moving average is $344.26 and its two-hundred day simple moving average is $351.32.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly 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 firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Company 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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