Charles Schwab Trust Co grew its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 165.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 19,479 shares of the information services provider's stock after purchasing an additional 12,128 shares during the period. Charles Schwab Trust Co's holdings in Alphabet were worth $4,744,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the business. First Financial Bank Trust Division lifted its holdings in shares of Alphabet by 0.6% in the third quarter. First Financial Bank Trust Division now owns 7,208 shares of the information services provider's stock worth $1,756,000 after acquiring an additional 45 shares during the last quarter. Falcon Wealth Planning grew its holdings in shares of Alphabet by 0.4% during the 3rd quarter. Falcon Wealth Planning now owns 11,881 shares of the information services provider's stock valued at $2,894,000 after purchasing an additional 45 shares during the last quarter. Trust Co of the South increased its position in Alphabet by 0.5% during the 3rd quarter. Trust Co of the South now owns 8,800 shares of the information services provider's stock worth $2,143,000 after purchasing an additional 48 shares in the last quarter. Dimension Capital Management LLC lifted its stake in Alphabet by 0.4% in the 2nd quarter. Dimension Capital Management LLC now owns 13,968 shares of the information services provider's stock valued at $2,478,000 after purchasing an additional 50 shares during the last quarter. Finally, Adams Wealth Management lifted its stake in Alphabet by 2.2% in the 2nd quarter. Adams Wealth Management now owns 2,332 shares of the information services provider's stock valued at $414,000 after purchasing an additional 50 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, CAO Amie Thuener O'toole sold 2,778 shares of Alphabet stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $250.05, for a total value of $694,638.90. Following the completion of the transaction, the chief accounting officer directly owned 14,516 shares of the company's stock, valued at approximately $3,629,725.80. This trade represents a 16.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $250.15, for a total value of $8,129,875.00. Following the completion of the transaction, the chief executive officer directly owned 2,369,619 shares in the company, valued at $592,760,192.85. This represents a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 228,906 shares of company stock valued at $63,984,117 over the last quarter. Insiders own 12.99% of the company's stock.
Alphabet Price Performance
Shares of GOOG opened at $315.68 on Wednesday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $328.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $3.81 trillion, a price-to-earnings ratio of 31.13, a price-to-earnings-growth ratio of 1.79 and a beta of 1.07. The business has a 50-day moving average of $292.55 and a 200-day moving average of $237.48.
Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to analysts' expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm's revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 8.28%.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
-
Positive Sentiment: Alphabet agreed to acquire Intersect Power for about $4.75B (plus assumed debt), securing clean energy and data-center projects to accelerate AI compute capacity — a direct strategic move to remove power bottlenecks for Google Cloud and AI workloads. Alphabet to buy data center infrastructure firm Intersect
-
Positive Sentiment: Product momentum: Google rolled out Gemini 3 Flash, reinforcing Alphabet’s AI leadership and helping investor confidence in future revenue and monetization opportunities across search, cloud, and enterprise AI. As Google Launches Gemini 3 Flash
-
Positive Sentiment: Wall Street and institutional backing: recent analyst upgrades and higher price targets (e.g., Wedbush raising PT to $350; multiple “buy/outperform” notes) plus heavy institutional inflows support valuation and buying interest. Alphabet price/analyst coverage summary
-
Neutral Sentiment: Waymo is showing strong operational progress (miles and performance metrics), positioning Alphabet well in autonomous mobility long-term; but near-term commercialization timelines remain uncertain. Waymo and Uber set for market war
-
Neutral Sentiment: Alphabet-backed startup Motive filed for an IPO — a positive for Alphabet’s VC arm (GV) if the offering succeeds, but limited direct near-term impact on GOOG’s core earnings. Motive files for IPO
-
Negative Sentiment: Legal and regulatory overhangs: a lawsuit from a New York Times reporter alleges unauthorized use of copyrighted books to train AI models, and California regulators are reviewing a Waymo stall incident after a power outage — both add execution and litigation risk. NYT reporter sues Google over chatbot training
Wall Street Analysts Forecast Growth
GOOG has been the topic of a number of research reports. DA Davidson set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Truist Financial set a $350.00 price objective on Alphabet in a research report on Friday, December 5th. Pivotal Research reaffirmed a "buy" rating and issued a $400.00 target price (up previously from $350.00) on shares of Alphabet in a report on Friday, December 5th. Hsbc Global Res raised Alphabet to a "strong-buy" rating in a research note on Tuesday, October 7th. Finally, Barclays upped their price objective on Alphabet from $250.00 to $315.00 and gave the company an "overweight" rating in a research note on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $313.04.
Check Out Our Latest Stock Analysis on GOOG
About Alphabet
(
Free Report)
Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.
Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alphabet, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.
While Alphabet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
