Alphabet Inc. $GOOGL Stock: Aprio Wealth Management LLC Raises Position

Key Points

• Aprio Wealth Management increased its Alphabet stake by 8.1% in the third quarter, adding 3,160 shares to hold 41,971 shares valued at about $14.4 million. Several other wealth managers also raised their positions.
• Analysts maintain a consensus “Buy” rating with a $412.51 target price, although some firms recently lowered targets. The stock opened at $284.78, below its 50- and 200-day moving averages.
• Alphabet’s latest quarterly results fell short of estimates: EPS was $2.12 versus $3.02 expected, while revenue of $127.58 billion was slightly under consensus. The company also announced a quarterly dividend of $0.22 per share.

Aprio Wealth Management LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 41,971 shares of the information services provider's stock after purchasing an additional 3,160 shares during the quarter. Aprio Wealth Management LLC's holdings in Alphabet were worth $14,441,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Kurv Investment Management LLC lifted its position in shares of Alphabet by 7.1% during the third quarter. Kurv Investment Management LLC now owns 45,374 shares of the information services provider's stock worth $15,612,000 after purchasing an additional 3,001 shares in the last quarter. LJI Wealth Management LLC increased its position in shares of Alphabet by 3.0% during the third quarter. LJI Wealth Management LLC now owns 7,583 shares of the information services provider's stock worth $2,609,000 after acquiring an additional 220 shares during the last quarter. Modera Wealth Management LLC increased its position in shares of Alphabet by 2.1% during the third quarter. Modera Wealth Management LLC now owns 92,682 shares of the information services provider's stock worth $31,890,000 after acquiring an additional 1,910 shares during the last quarter. Greenup Street Wealth Management LLC lifted its stake in shares of Alphabet by 6.4% in the third quarter. Greenup Street Wealth Management LLC now owns 45,599 shares of the information services provider's stock worth $15,690,000 after acquiring an additional 2,751 shares in the last quarter. Finally, Heritage Wealth Management Inc. lifted its stake in shares of Alphabet by 3.3% in the third quarter. Heritage Wealth Management Inc. now owns 11,112 shares of the information services provider's stock worth $3,823,000 after acquiring an additional 352 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Insider Buying and Selling

In other news, Director Frances Arnold sold 83 shares of the company's stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 247 shares of company stock valued at $79,238 in the last three months. Insiders own 11.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GOOGL. Wedbush reduced their price target on Alphabet from $445.00 to $387.00 and set an "outperform" rating for the company in a report on Thursday, October 29th. Moffett Nathanson set a $345.00 price objective on Alphabet in a report on Thursday, October 29th. DZ Bank raised Alphabet to a "strong-buy" rating in a research report on Thursday, July 23rd. Needham & Company LLC reaffirmed a "buy" rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada reduced their target price on Alphabet from $425.00 to $400.00 and set an "outperform" rating for the company in a research note on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of "Buy" and a consensus target price of $412.51.

Alphabet Price Performance

GOOGL stock opened at $284.78 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The firm has a fifty day moving average price of $332.93 and a two-hundred day moving average price of $338.97. The firm has a market cap of $3.50 trillion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23.

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 analysts' consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Research analysts predict that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet's payout ratio is presently 4.59%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Company Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.

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