Alphabet Inc. $GOOGL Shares Purchased by Welch Group LLC

Welch Group LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.7% in the third quarter, HoldingsChannel reports. The fund owned 64,381 shares of the information services provider’s stock after buying an additional 2,294 shares during the quarter. Welch Group LLC’s holdings in Alphabet were worth $22,152,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in GOOGL. Strategic Wealth Advisors LLC lifted its position in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after buying an additional 27 shares in the last quarter. Rockbridge Investment Management LCC boosted its position in Alphabet by 0.5% during the first 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 last quarter. Ruggaard & Associates LLC boosted its position in Alphabet by 0.9% during the first 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 last quarter. Cadia Private Client LLC grew its stake in 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 increased its position in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after purchasing an additional 28 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
  • Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
  • Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
  • Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

Alphabet Stock Up 1.2%

Shares of GOOGL stock opened at $288.15 on Tuesday. Alphabet Inc. has a 12 month low of $270.70 and a 12 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 firm has a market cap of $3.52 trillion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. The stock has a 50 day moving average of $331.76 and a 200-day moving average of $338.77.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate 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 predict that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Dividend Announcement

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

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 247 shares of company stock valued at $79,238 in the last three months. Insiders own 11.61% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. Susquehanna dropped their price objective on Alphabet from $460.00 to $400.00 and set a “positive” rating on the stock in a report on Thursday, October 29th. Pivotal Research reaffirmed a “buy” rating and issued a $475.00 price objective (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. The Goldman Sachs Group restated a “buy” rating and set a $385.00 target price on shares of Alphabet in a report on Thursday, October 29th. Finally, DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Five investment 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. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average target price of $412.51.

Get Our Latest Analysis on GOOGL

About Alphabet

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL – Free Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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