St. Louis Trust Co Purchases New Position in Alphabet Inc. $GOOG

St. Louis Trust Co purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,829 shares of the information services provider’s stock, valued at approximately $623,000.

Several other large investors have also recently modified their holdings of GOOG. Morton Brown Family Wealth LLC increased its holdings in Alphabet by 135.5% in the third quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 42 shares during the period. Castlekeep Investment Advisors LLC bought a new position in Alphabet during the 2nd quarter worth $29,000. Livelsberger Financial Advisory bought a new position in Alphabet during the 3rd quarter worth $37,000. Toth Financial Advisory Corp acquired a new position in Alphabet during the 2nd quarter worth about $41,000. Finally, Timbuktu Capital Management LLC acquired a new position in Alphabet during the 2nd quarter worth about $46,000. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of Alphabet stock opened at $286.01 on Tuesday. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The firm has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 14.93, a PEG ratio of 0.87 and a beta of 1.21. The business has a 50-day simple moving average of $328.65 and a 200 day simple moving average of $336.80. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. During the same quarter in the prior year, the business earned $2.87 earnings per share. Alphabet’s revenue for the quarter was up 24.7% on a year-over-year basis. On average, research analysts anticipate that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were 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 approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 247 shares of company stock worth $79,238 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on GOOG shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Wolfe Research restated an “outperform” rating on shares of Alphabet in a research report on Thursday, August 27th. Moffett Nathanson cut their price objective on Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a research note on Thursday, July 23rd. Finally, The Goldman Sachs Group reduced their target price on Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $413.38.

Read Our Latest Research Report on Alphabet

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
  • Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
  • Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
  • Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
  • Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Alphabet Company Profile

(Free Report)

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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