ARGA Investment Management LP Acquires 139,915 Shares of Alphabet Inc. $GOOGL

Key Points

• ARGA Investment Management acquired 139,915 Alphabet shares in the third quarter, worth about $48.1 million; the position represents roughly 1.2% of its portfolio.
• Alphabet’s latest quarterly results fell short of expectations: EPS was $2.12 versus a $3.02 consensus estimate, while revenue was $127.58 billion versus estimates of $127.96 billion.
• Analysts’ consensus rating remains Buy, with an average price target of $412.51. Alphabet also announced a quarterly dividend of $0.22 per share.

ARGA Investment Management LP acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 139,915 shares of the information services provider's stock, valued at approximately $48,142,000. Alphabet makes up about 1.2% of ARGA Investment Management LP's investment portfolio, making the stock its 17th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. EMC Capital Management acquired a new position in shares of Alphabet during the 2nd quarter worth approximately $35,000. Core Capital Management & Research inc. purchased a new position in Alphabet during the second quarter worth approximately $41,000. Intelligent Financial Strategies purchased a new position in Alphabet during the third quarter worth approximately $41,000. Premier Financial Group acquired a new position in Alphabet during the second quarter worth $45,000. Finally, Van Den Berg Management I Inc. boosted its stake in Alphabet by 319.6% during the first quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock worth $61,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Insider Activity

In related news, Director Frances Arnold sold 83 shares of the 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 transaction, the director owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders sold 247 shares of company stock valued at $79,238. 11.61% of the stock is currently owned by insiders.

Alphabet News Roundup

Here's some of the latest news about GOOGL:

• Positive Sentiment: Google launched Gemini for healthcare, extending Alphabet’s AI offerings into a specialized market. The news adds to the company’s efforts to turn AI development into commercial opportunities. Article: Alphabet Launches Gemini For Healthcare
• Positive Sentiment: Google’s Gemini 4 Carbon scored near the top in an accounting AI benchmark, with Gemini 4 Argon ranking first. Strong results may support adoption of Google’s AI tools by businesses. Article: Google Now Has Two of the Top AI Models for Accounting Work
• Negative Sentiment: Several law firms publicized a pending securities class action alleging investor harm during May–July 2026, with a lead-plaintiff deadline approaching. The notices add legal and reputational uncertainty, though they are not findings of wrongdoing. Article: Kaplan Fox Reminds Alphabet Investors of Class Action Deadline

Alphabet Stock Performance

Shares of GOOGL stock opened at $293.45 on Thursday. The firm's 50 day moving average price is $329.89 and its 200-day moving average price is $338.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61. The firm has a market cap of $3.61 trillion, a P/E ratio of 15.32, a P/E/G ratio of 0.87 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 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 firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. As a group, equities research analysts predict that Alphabet Inc. will post 19.81 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet's payout ratio is currently 4.59%.

Wall Street Analyst Weigh In

GOOGL has been the subject of several analyst reports. Royal Bank Of Canada dropped their target price on Alphabet from $425.00 to $400.00 and set an "outperform" rating for the company in a report on Thursday, October 29th. Freedom Capital raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Moffett Nathanson set a $345.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Citigroup cut their price objective on shares of Alphabet from $447.00 to $375.00 and set a "buy" rating for the company in a research report on Friday, October 30th. Finally, Yorkville Ives started coverage on shares of Alphabet in a research note on Monday, October 5th. They set an "outperform" rating and a $400.00 target price on the stock. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $412.51.

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.

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