Alphabet Inc. $GOOGL Shares Sold by JARISLOWSKY FRASER Ltd

JARISLOWSKY FRASER Ltd reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 11.2% during the third quarter, Holdings Channel.com reports. The fund owned 1,079,717 shares of the information services provider’s stock after selling 135,765 shares during the quarter. Alphabet accounts for approximately 1.4% of JARISLOWSKY FRASER Ltd’s investment portfolio, making the stock its 24th largest position. JARISLOWSKY FRASER Ltd’s holdings in Alphabet were worth $262,479,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $31,000. Corsicana & Co. acquired a new position in Alphabet in the third quarter worth approximately $54,000. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares in the last quarter. Finally, S&T Bank PA lifted its position in shares of Alphabet by 40.2% during the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 99 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of GOOGL opened at $331.86 on Tuesday. The business’s 50-day moving average is $307.15 and its 200-day moving average is $250.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $4.00 trillion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 1.81 and a beta of 1.08. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $334.04.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Equities research analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on GOOGL shares. President Capital lifted their target price on Alphabet from $258.00 to $323.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. DZ Bank reiterated a “buy” rating on shares of Alphabet in a research report on Thursday, November 20th. Moffett Nathanson lifted their price target on Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Guggenheim reaffirmed a “buy” rating and set a $375.00 price objective (up from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Finally, CICC Research raised their target price on shares of Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $324.77.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple announced a multi‑year deal to base its next generation of Apple Foundation Models (including a revamped Siri) on Google’s Gemini models and cloud — a large, visible commercial win for Alphabet’s AI platform that expands Gemini’s reach into iPhone ecosystems and could drive cloud and model-revenue upside. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: Market reaction to Alphabet’s AI progress and commercial wins lifted the stock to a record and pushed the company’s market capitalization above $4 trillion — a signaling event that amplifies institutional interest and momentum chasing. Alphabet Becomes Newest $4 Trillion Company, Joining Nvidia and Apple
• Positive Sentiment: Google is expanding Gemini’s commercial footprint in retail (Walmart, Shopify, Wayfair partnerships, Universal Commerce Protocol), which supports growth of agent‑led commerce and monetization opportunities for Gemini and Google Cloud. These deals reinforce the narrative of Gemini as a platform with multiple monetization paths. Google bolsters bet on AI-powered commerce with new platform for shopping agents
• Neutral Sentiment: Reported short‑interest data for January shows effectively zero days of short interest in the recent snapshot — the entry is noisy and adds little immediate informational value for price direction. Investors should treat this as non‑consequential until clearer short‑interest reporting emerges. Market data snapshot
• Negative Sentiment: High‑profile criticism from rivals can add headline volatility: Elon Musk publicly called the Apple‑Google deal an “unreasonable concentration of power,” which may draw regulatory scrutiny or negative sentiment among some investors — though such comments don’t change the underlying commercial implications immediately. Elon Musk Slams Google, Apple Deal: ‘Unreasonable Concentration Of Power’

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the sale, the chief executive officer directly owned 2,337,119 shares in the company, valued at approximately $662,526,494.12. This trade represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 224,587 shares of company stock valued at $66,549,284. 11.55% of the stock is owned by insiders.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.