Alphabet Inc. $GOOGL Holdings Lifted by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 9.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,561 shares of the information services provider’s stock after acquiring an additional 9,532 shares during the period. Alphabet makes up about 1.9% of Turtle Creek Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Turtle Creek Wealth Advisors LLC’s holdings in Alphabet were worth $36,321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOOGL. Strategic Wealth Advisors LLC increased its holdings in Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its stake in shares of Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after purchasing an additional 27 shares during the period. Ruggaard & Associates LLC raised its stake in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC lifted its holdings in shares of Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after purchasing an additional 28 shares in the last quarter. Finally, Evansbrook LLC lifted its holdings in shares of Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after purchasing an additional 28 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction on Tuesday, July 28th. The shares were 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 three months, insiders have sold 420,865 shares of company stock valued at $8,293,477. 11.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research report on Thursday, October 8th. DA Davidson set a $350.00 target price on Alphabet and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Evercore restated an “outperform” rating and issued a $450.00 target price on shares of Alphabet in a research note on Wednesday, September 16th. BMO Capital Markets set a $465.00 target price on Alphabet and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Finally, Tigress Financial reaffirmed a “strong-buy” rating and set a $485.00 price target (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $425.04.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Stock Down 2.5%

Shares of NASDAQ GOOGL traded down $8.63 during mid-day trading on Friday, hitting $340.59. The company had a trading volume of 28,484,155 shares, compared to its average volume of 26,079,582. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a 50-day simple moving average of $344.26 and a two-hundred day simple moving average of $351.32. The company has a market capitalization of $4.17 trillion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21. Alphabet Inc. has a one year low of $244.15 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. On average, equities analysts expect that Alphabet Inc. will post 20.54 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.