Alphabet Inc. $GOOGL Stock Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5,500.1% in the third quarter, Holdings Channel reports. The fund owned 49,617 shares of the information services provider’s stock after buying an additional 48,731 shares during the quarter. Alphabet makes up about 1.8% of Partners Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Partners Wealth Management LLC’s holdings in Alphabet were worth $17,072,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp raised its stake in Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after purchasing an additional 12,718,127 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Alphabet by 90.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after purchasing an additional 8,112,680 shares during the last quarter. Amundi lifted its position in Alphabet by 12.7% during the first quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock valued at $9,128,850,000 after purchasing an additional 3,574,810 shares during the last quarter. Jupiter Topco LLC bought a new position in Alphabet during the second quarter valued at $1,058,385,000. Finally, Nykredit A S purchased a new position in shares of Alphabet in the 2nd quarter worth $1,004,749,000. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Up 0.8%

Shares of GOOGL opened at $284.78 on Friday. The company has a market cap of $3.48 trillion, a PE ratio of 14.86, a P/E/G ratio of 0.86 and a beta of 1.23. The business has a fifty day moving average of $332.93 and a 200 day moving average of $338.97. Alphabet Inc. has a 52-week low of $270.70 and a 52-week 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.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. On average, sell-side analysts expect that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is 4.59%.

Insider Activity

In other 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 value of $28,257.35. Following the completion of the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on GOOGL shares. JPMorgan Chase & Co. boosted their target price on shares of Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. Pivotal Research restated a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $385.00 price target on shares of Alphabet in a report on Thursday, October 29th. Truist Financial dropped their price target on Alphabet from $420.00 to $410.00 and set a “buy” rating for the company in a research report on Thursday, October 29th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $412.51.

More Alphabet News

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

About Alphabet

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.