1,615 Alphabet Inc. $GOOG Shares Bought by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.3% during the 3rd quarter, Holdings Channel reports. The firm owned 73,319 shares of the information services provider’s stock after purchasing an additional 1,615 shares during the quarter. Alphabet comprises 1.3% of Turtle Creek Wealth Advisors LLC’s portfolio, making the stock its 19th biggest holding. Turtle Creek Wealth Advisors LLC’s holdings in Alphabet were worth $24,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new stake in Alphabet in the 2nd quarter valued at $29,000. Lifetime Wealth Management P.C. acquired a new stake in Alphabet during the 4th quarter valued at $38,000. Timbuktu Capital Management LLC bought a new position in Alphabet during the second quarter worth $46,000. Robinswood Financial LLC bought a new position in Alphabet during the first quarter worth $57,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Alphabet during the fourth quarter worth $63,000. 27.26% of the stock is owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: JPMorgan raised its price target to $425 from $420 and maintained an Overweight rating. The firm cited sustained Google Cloud growth and Alphabet’s ability to remain competitive in artificial intelligence. Alphabet Stocks Rise as JPMorgan Lifts Target on Cloud Growth
• Positive Sentiment: Alphabet continues to generate positive AI momentum. Gemini 4 Argon reportedly scored highly on accounting and enterprise benchmarks, while Google demonstrated a quantum-computing technique that could reduce errors significantly. These developments support the company’s positioning against OpenAI, Anthropic and other rivals. Gemini 4 Argon Accounting Benchmark
• Positive Sentiment: New commercial initiatives—including Google’s Universal Cart shopping tool, a multiyear AI partnership with CNN and potential YouTube audiobook offerings—could broaden monetization across Search, Gemini and YouTube. Google Universal Cart Launch
• Neutral Sentiment: Investors are looking ahead to Alphabet’s upcoming earnings, with analysts generally bullish on AI and cloud growth. However, the company’s substantial data-center and AI infrastructure spending raises questions about near-term free cash flow and returns on capital. Alphabet Q3 Preview
• Negative Sentiment: Multiple law firms are promoting a securities class action alleging that Alphabet failed to disclose disappointing Gemini training results. The repeated notices and December lead-plaintiff deadline create a reputational and potential litigation overhang, although they do not represent new operating results. Alphabet Securities Fraud Lawsuit
• Negative Sentiment: Google warned that suspected China-linked hackers may exploit a vulnerability in BeyondTrust software, adding cybersecurity and trust concerns. Separately, renewed fears over stretched AI valuations and competition for digital advertising could limit further gains. Google Warns of BeyondTrust Exploitation Risk

Insider Activity

In related news, 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 transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 420,865 shares of company stock valued at $8,293,477. 12.99% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on GOOG shares. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research report on Thursday, August 27th. Raymond James Financial restated a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating and reduced their target price for the stock from $450.00 to $425.00 in a report on Monday, July 27th. DZ Bank raised shares of Alphabet from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research note on Friday, October 9th. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus price target of $422.10.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $344.91 on Friday. The firm has a market cap of $4.22 trillion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 1.00 and a beta of 1.19. The business’s 50 day moving average is $341.41 and its 200-day moving average is $348.88. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $244.67 and a 1-year high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the previous year, the company posted $2.31 EPS. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given 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 was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.