Alphabet Inc. $GOOGL Stock: Baldwin Wealth Partners LLC MA Reduces Position

Key Points

• Baldwin Wealth Partners reduced its Alphabet position by 1.0%, selling 2,775 shares and retaining 285,615 shares valued at approximately $98.3 million. Alphabet remains the firm’s third-largest holding, representing about 6.7% of its portfolio.
• Other major institutional investors generally increased their Alphabet holdings, and institutional investors collectively own 40.03% of the company. Analysts remain bullish, with Alphabet receiving an average “Buy” rating and a consensus price target of $425.72.
• Alphabet reported stronger-than-expected quarterly results, including $119.8 billion in revenue and $9.11 in earnings per share, while Google Cloud and AI investments support future growth. However, insider selling and a securities class-action lawsuit related to Gemini development delays remain potential risks.

Baldwin Wealth Partners LLC MA reduced its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 285,615 shares of the information services provider's stock after selling 2,775 shares during the period. Alphabet makes up about 6.7% of Baldwin Wealth Partners LLC MA's investment portfolio, making the stock its 3rd biggest position. Baldwin Wealth Partners LLC MA's holdings in Alphabet were worth $98,274,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. State Street Corp grew its stake in shares of Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock valued at $85,403,303,000 after purchasing an additional 12,718,127 shares during the period. Invesco Ltd. lifted its stake in shares of Alphabet by 0.5% in the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock worth $14,208,470,000 after purchasing an additional 208,362 shares during the period. Amundi boosted its holdings in shares of Alphabet by 4.6% in the second quarter. Amundi now owns 33,203,350 shares of the information services provider's stock worth $11,865,809,000 after buying an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Alphabet by 10.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock worth $6,334,186,000 after buying an additional 1,631,721 shares during the last quarter. Finally, Swiss National Bank grew its position in Alphabet by 7.1% during the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider's stock valued at $4,911,467,000 after buying an additional 1,139,400 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst support: Cantor Fitzgerald reaffirmed its “Overweight” rating and set a $420 price target, implying substantial upside from recent levels. Cantor Fitzgerald Reaffirms Overweight Rating for Alphabet
• Positive Sentiment: Cloud and AI momentum: Google Cloud reportedly produced $24.8 billion in second-quarter revenue, with operating income more than tripling year over year. Its $514 billion backlog—much of which could be recognized within 24 months—supports the case that Alphabet’s heavy AI infrastructure spending can generate significant future revenue. Alphabet’s Google Cloud Is Surging
• Positive Sentiment: Power for AI expansion: Google’s reported 3.59-gigawatt nuclear power agreement with Constellation could provide reliable electricity for data centers and reinforce Alphabet’s long-term AI capacity strategy. Nuclear ETFs in Spotlight as Google and Constellation Sign Deal
• Positive Sentiment: New growth initiatives: The Fitbit Edge launch and a Function Health partnership expand Google’s subscription-oriented digital-health ecosystem, while Waymo’s rising autonomous-ride volume provides additional long-term optionality. Google Comes for Apple’s Health Data Advantage
• Neutral Sentiment: Investor articles continue to favor Alphabet over peers such as Meta and Amazon based on its search dominance, cloud growth and AI backlog, though these are opinion-based assessments rather than new company guidance. Alphabet vs. Meta Platforms
• Negative Sentiment: Legal overhang: Several law firms publicized an existing securities class action covering investors who purchased Alphabet shares from May 19 through July 16, 2026. The case alleges investors were misled about Gemini 3.5 Pro’s development delays and training-data setbacks; the allegations have not been proven. Lead-plaintiff deadlines are in late November or December. Levi and Korsinsky Alphabet Class Action Notice

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Pivotal Research reaffirmed a "buy" rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Phillip Securities upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 27th. Royal Bank Of Canada reissued an "outperform" rating and set a $425.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Barclays restated an "overweight" rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Wedbush reaffirmed an "outperform" rating and issued a $445.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, Alphabet has an average rating of "Buy" and an average price target of $425.72.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm's stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company's stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the business's 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 in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 441,399 shares of company stock valued at $8,677,053. Company insiders own 11.61% of the company's stock.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $352.72 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1-year low of $239.71 and a 1-year high of $408.61. The company has a market capitalization of $4.31 trillion, a P/E ratio of 17.72, a P/E/G ratio of 1.02 and a beta of 1.21. The firm's 50 day simple moving average is $345.48 and its two-hundred day simple moving average is $349.96.

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

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors 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 yield of 0.2%. Alphabet's dividend payout ratio is currently 4.42%.

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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