Watershed Private Wealth LLC Increases Stake in Alphabet Inc. $GOOG

Watershed Private Wealth LLC lifted its position in Alphabet Inc. (NASDAQ:GOOG) by 140.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,489 shares of the information services provider’s stock after acquiring an additional 6,720 shares during the quarter. Alphabet accounts for 0.9% of Watershed Private Wealth LLC’s portfolio, making the stock its 25th largest position. Watershed Private Wealth LLC’s holdings in Alphabet were worth $2,798,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its stake in shares of Alphabet by 580,897.4% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after acquiring an additional 135,064,454 shares during the last quarter. Norges Bank purchased a new stake in Alphabet in the second quarter worth $4,298,572,000. Vanguard Group Inc. lifted its position in shares of Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Alphabet by 73.5% during the third quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after purchasing an additional 4,154,929 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of Alphabet by 17,547.9% during the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after purchasing an additional 4,099,366 shares during the period. 27.26% of the stock is currently owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: WSJ: Coverage says Google has staged a comeback in AI, launching a powerful model and a major search overhaul that helped Gemini close the gap with ChatGPT — bolstering the narrative that Alphabet is regaining product leadership in AI. How Google Got Its Groove Back and Edged Ahead of OpenAI
• Positive Sentiment: Yahoo: Samsung’s AI Drive partnership helps scale Gemini deployments and data handling, supporting faster model training/serving and strengthening Alphabet’s hardware/software ecosystem for AI. How Samsung’s AI Drive Helps Alphabet’s (GOOGL) Gemini Ambitions
• Positive Sentiment: CNBC/YouTube: Reports on Google DeepMind partnering with Boston Dynamics to bring AI to humanoid robots signal commercialization pathways beyond search/ads and expand long-term TAM for Alphabet’s AI stack. Google DeepMind, Boston Dynamics partner to bring AI to humanoid robots
• Positive Sentiment: CNBC short/Similarweb data: Early traffic metrics show Gemini narrowing the user gap with ChatGPT, supporting faster user adoption and ad/productization upside for Alphabet. Is OpenAI’s ChatGPT losing ground to Google’s Gemini?
• Positive Sentiment: Jefferies/Blockonomi: Jefferies raised its GOOG price target to $365 citing Google Cloud growth and a strong data moat — an analyst upgrade that can attract flows and validate the cloud/AI revenue story. Alphabet (GOOGL) Stock: Jefferies Raises Price Target to $365 on Google Cloud Growth
• Neutral Sentiment: MarketBeat / others: Broad analyst upgrades and institutional inflows (including large buys reported by UBS and Berkshire) are reinforcing sentiment, but they reflect expectations already priced into the stock. 5 Stocks Wall Street Repriced Higher Heading Into 2026
• Negative Sentiment: QuiverQuant: Disclosure shows $80k in Google Public Sector lobbying and extensive insider selling (161 sales, none purchases recently, including CEO Sundar Pichai sales) — insider exits can raise short-term governance or valuation questions. Lobbying Update: $80,000 of GOOGLE PUBLIC SECTOR (AKA GOOGLE CLOUD) lobbying was just disclosed
• Negative Sentiment: Forbes/Seeking Alpha reminders: Several pieces flag valuation/winter-risk scenarios and competitive pressures (Nvidia, OpenAI, AWS) — prudent risk for investors given GOOG’s elevated forward P/E despite growth. How Can Google Stock Fall?

Analysts Set New Price Targets

Several research analysts recently commented on GOOG shares. Oppenheimer raised their price target on shares of Alphabet from $300.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on Alphabet from $260.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Finally, TD Cowen raised their price objective on Alphabet from $335.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Alphabet has a consensus rating of “Buy” and an average target price of $314.64.

Alphabet Price Performance

NASDAQ GOOG opened at $314.55 on Wednesday. The company has a market cap of $3.80 trillion, a PE ratio of 31.02, a P/E/G ratio of 1.75 and a beta of 1.09. The firm’s 50 day moving average price is $304.13 and its 200-day moving average price is $247.26. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $328.67.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.Alphabet’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 earnings per share. Sell-side analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total value of $31,971.90. Following the transaction, the director owned 18,205 shares in the company, valued at $5,706,357.25. The trade was a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 195,465 shares of company stock valued at $57,056,497 over the last 90 days. Company insiders own 12.99% of the company’s stock.

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.