Partners Wealth Management LLC Acquires 48,731 Shares of Alphabet Inc. $GOOGL

Key Points

• Partners Wealth Management increased its Alphabet stake by 48,731 shares in the third quarter, a 5,500.1% increase. It now holds 49,617 shares worth about $17.1 million, representing 1.8% of its portfolio.
• Alphabet reported quarterly EPS of $2.12, below the $3.02 analyst consensus, while revenue of $127.58 billion also slightly missed expectations.
• Analysts remain broadly positive, with a consensus rating of Buy and an average price target of $412.51; institutional investors own about 40% of the stock.

Partners Wealth Management LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5,500.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,617 shares of the information services provider's stock after buying an additional 48,731 shares during the period. Alphabet comprises 1.8% of Partners Wealth Management LLC's portfolio, making the stock its 10th largest holding. Partners Wealth Management LLC's holdings in Alphabet were worth $17,072,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Founders Financial Securities LLC boosted its position in shares of Alphabet by 2.1% in the third quarter. Founders Financial Securities LLC now owns 31,499 shares of the information services provider's stock worth $10,838,000 after purchasing an additional 640 shares during the period. ERn Financial LLC increased its stake in shares of Alphabet by 8.7% in the third quarter. ERn Financial LLC now owns 3,473 shares of the information services provider's stock worth $1,195,000 after purchasing an additional 279 shares in the last quarter. Crew Capital Management Ltd raised its position in shares of Alphabet by 0.3% during the 3rd quarter. Crew Capital Management Ltd now owns 10,850 shares of the information services provider's stock valued at $3,733,000 after purchasing an additional 35 shares during the period. Financial Solutions Advisory Group Inc. raised its position in shares of Alphabet by 5.0% during the 3rd quarter. Financial Solutions Advisory Group Inc. now owns 2,386 shares of the information services provider's stock valued at $813,000 after purchasing an additional 114 shares during the period. Finally, Choreo LLC lifted its stake in shares of Alphabet by 4.0% during the 3rd quarter. Choreo LLC now owns 252,661 shares of the information services provider's stock valued at $86,935,000 after buying an additional 9,684 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Price Performance

GOOGL stock opened at $284.78 on Friday. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61. The company's fifty day moving average price is $332.93 and its 200-day moving average price is $338.97. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The company has a market capitalization of $3.48 trillion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). The company had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. On average, equities analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GOOGL shares. Freedom Capital raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. Zacks Research lowered Alphabet from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Citigroup decreased their price target on Alphabet from $447.00 to $375.00 and set a "buy" rating on the stock in a report on Friday, October 30th. Yorkville Ives began coverage on Alphabet in a research report on Monday, October 5th. They issued an "outperform" rating and a $400.00 price objective on the stock. Finally, Citizens Jmp downgraded Alphabet from a "market outperform" rating to a "hold" rating in a research report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $412.51.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the 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 transaction, the director owned 19,076 shares of the company's stock, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

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.

Alphabet serves consumers, businesses and organizations around the world.

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