First Nebraska Trust Co Makes New $48.38 Million Investment in Alphabet Inc. $GOOGL

Key Points

• First Nebraska Trust Co. opened a $48.38 million Alphabet position, buying 140,610 shares in the third quarter; Alphabet now represents 4% of its portfolio and is its fourth-largest holding.
• Several major institutional investors also increased their stakes, and hedge funds and other institutions collectively own 40.03% of Alphabet.
• Alphabet’s latest quarterly results fell short of expectations, with EPS of $2.12 versus $3.02 forecast and revenue of $127.58 billion versus $127.96 billion expected. Analysts’ consensus rating remains “Buy,” with an average price target of $412.51.

First Nebraska Trust Co acquired a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 140,610 shares of the information services provider's stock, valued at approximately $48,379,000. Alphabet makes up 4.0% of First Nebraska Trust Co's investment portfolio, making the stock its 4th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp lifted its holdings in Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after buying an additional 12,718,127 shares during the period. Amundi boosted its position in Alphabet by 4.6% during the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Alphabet by 10.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock valued at $6,334,186,000 after acquiring an additional 1,631,721 shares in the last quarter. Swiss National Bank grew its holdings in shares of Alphabet by 7.1% during the 1st quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider's stock worth $4,911,467,000 after acquiring an additional 1,139,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Alphabet by 90.9% during 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 acquiring an additional 8,112,680 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the firm's stock in a transaction 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 in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 247 shares of company stock worth $79,238 in the last ninety days. 11.61% of the stock is owned by company insiders.

Key Stories Impacting Alphabet

These are some of the GOOGL stories that stood out recently:

• 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
• Neutral Sentiment: Alphabet is reportedly planning its first bond sale in Hong Kong and Singapore, potentially raising about $3 billion. The sale could broaden funding sources for the company’s investments, while adding to investor focus on financing costs and AI spending. Article: Alphabet eyes $3 billion Hong Kong, Singapore bond sale
• 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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wedbush decreased their target price on Alphabet from $445.00 to $387.00 and set an "outperform" rating for the company in a research report on Thursday, October 29th. Needham & Company LLC restated a "buy" rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Zacks Research lowered Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $325.00 price target (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Finally, Moffett Nathanson set a $345.00 price objective on Alphabet in a report 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 issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $412.51.

Alphabet Stock Performance

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

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data 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 net margin of 50.03% and a return on equity of 43.33%. The company had revenue of $127.58 billion for the quarter, compared to analysts' expectations of $127.96 billion. On average, equities research analysts predict that Alphabet Inc. will post 19.81 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet's dividend payout ratio is currently 4.59%.

Alphabet 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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