Alphabet Inc. $GOOGL Stock: GFG Capital LLC Boosts Position

Key Points

• GFG Capital increased its Alphabet stake by 5.5% in the third quarter, bringing its holdings to 53,031 shares valued at approximately $18.25 million. Alphabet now represents about 4.3% of the fund’s portfolio.
• Institutional investors broadly added to their Alphabet positions, with major buyers including State Street, Arrowstreet Capital and Amundi; institutions collectively own about 40.03% of Alphabet’s stock.
• Analysts remain broadly bullish, with Alphabet receiving an average “Buy” rating and a consensus price target of $426.04, although some firms recently lowered their targets. The company also reported quarterly revenue of $119.8 billion, above estimates.

GFG Capital LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,031 shares of the information services provider's stock after purchasing an additional 2,776 shares during the quarter. Alphabet accounts for approximately 4.3% of GFG Capital LLC's holdings, making the stock its 5th biggest position. GFG Capital LLC's holdings in Alphabet were worth $18,247,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp raised its holdings in shares of Alphabet by 5.6% during the second 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 last quarter. Diamant Asset Management Inc. grew its stake in shares of Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider's stock valued at $2,671,986,000 after purchasing an additional 9,259,940 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock worth $4,900,078,000 after purchasing an additional 8,112,680 shares during the period. Amundi grew its position in Alphabet by 12.7% during the first quarter. Amundi now owns 31,745,979 shares of the information services provider's stock valued at $9,128,850,000 after buying an additional 3,574,810 shares during the period. Finally, Jupiter Topco LLC bought a new position in Alphabet in the second quarter worth approximately $1,058,385,000. Institutional investors own 40.03% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on GOOGL shares. Barclays reissued an "overweight" rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. KeyCorp cut their price target on Alphabet from $435.00 to $410.00 and set an "overweight" rating for the company in a research note on Monday. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. 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 note on Thursday, October 15th. Finally, Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Alphabet has an average rating of "Buy" and an average target price of $426.04.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Arnold sold 83 shares of the firm's stock in a transaction dated Wednesday, September 30th. The shares were 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 in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 402,479 shares of company stock valued at $7,946,534. Company insiders own 11.61% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
• Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
• Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
• Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
• Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
• Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Alphabet Stock Up 1.1%

Shares of GOOGL opened at $344.18 on Tuesday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average of $344.00 and a 200 day moving average of $352.27. The company has a market cap of $4.21 trillion, a PE ratio of 17.29, a P/E/G ratio of 0.99 and a beta of 1.21. Alphabet Inc. has a 52-week low of $244.15 and a 52-week high of $408.61.

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, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. On average, sell-side analysts expect that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

The firm also recently announced 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. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio is presently 4.42%.

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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