Alphabet Inc. $GOOG is HS Management Partners LLC’s Largest Position

HS Management Partners LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 50.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 210,119 shares of the information services provider’s stock after selling 214,505 shares during the period. Alphabet accounts for approximately 6.6% of HS Management Partners LLC’s portfolio, making the stock its biggest holding. HS Management Partners LLC’s holdings in Alphabet were worth $51,175,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. tru Independence LLC lifted its position in Alphabet by 3.3% in the 3rd quarter. tru Independence LLC now owns 3,142 shares of the information services provider’s stock worth $765,000 after buying an additional 99 shares in the last quarter. Spectrum Asset Management Inc. NB CA raised its stake in shares of Alphabet by 91.5% during the 3rd quarter. Spectrum Asset Management Inc. NB CA now owns 21,433 shares of the information services provider’s stock worth $5,220,000 after purchasing an additional 10,242 shares in the last quarter. Baker Ellis Asset Management LLC lifted its holdings in shares of Alphabet by 15.8% during the 3rd quarter. Baker Ellis Asset Management LLC now owns 34,560 shares of the information services provider’s stock valued at $8,417,000 after buying an additional 4,717 shares during the last quarter. Kingswood Wealth Advisors LLC increased its holdings in Alphabet by 37.3% in the third quarter. Kingswood Wealth Advisors LLC now owns 45,966 shares of the information services provider’s stock worth $11,195,000 after buying an additional 12,489 shares during the last quarter. Finally, Atwater Malick LLC increased its holdings in Alphabet by 12.4% in the third quarter. Atwater Malick LLC now owns 1,360 shares of the information services provider’s stock worth $331,000 after buying an additional 150 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the transaction, the director directly owned 3,916 shares of the company’s stock, valued at $1,206,872.04. This trade represents a 13.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 192,087 shares of company stock worth $58,525,556. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $336.31 on Thursday. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $341.20. The company has a market cap of $4.06 trillion, a P/E ratio of 33.17, a P/E/G ratio of 1.86 and a beta of 1.09. The business’s 50 day moving average is $310.07 and its two-hundred day moving average is $253.40. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. During the same quarter last year, the company posted $2.12 earnings per share. Alphabet’s quarterly revenue was up 15.9% on a year-over-year basis. On average, equities analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio is 8.28%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple deal and $4T milestone reinforce AI leadership and potential recurring licensing revenue (analysts estimate ~ $1B/year), widening Gemini’s distribution across Apple devices and validating Alphabet’s monetization path. Alphabet reaches $4 trillion valuation
• Positive Sentiment: Google launched “Personal Intelligence” in the Gemini app (beta), a feature that integrates user data across apps to deliver more personalized answers — a product lever that could boost engagement, search/ad relevance and paid AI services over time. Google Personal Intelligence launch
• Positive Sentiment: Wall Street momentum: several bullish takes and price-target raises (including analyst upgrades and high-profile bulls like Jim Cramer) are supporting investor demand and helping push shares to record levels. This fuels momentum-driven buying and options activity. Analysts see AI-fueled upside
• Neutral Sentiment: Reputational/regulatory pressure — advocacy groups urged Apple and Google to remove X and Grok from app stores; this raises content-moderation scrutiny but is unlikely to hit Alphabet’s core revenue near term. Advocacy groups call on app stores to drop X and Grok
• Negative Sentiment: Grid/connectivity bottlenecks for U.S. transmission are delaying data‑center hookups in some regions (waits >10 years in spots). That constraint can slow Google Cloud capacity expansion, raise capital and operating costs (on-site generation, storage), and cap near-term cloud growth if not addressed. Grid is biggest challenge for connecting data centers
• Positive Sentiment: Supply-chain/manufacturing move — reports Google will develop/high-end smartphones in Vietnam, which could lower device costs and broaden hardware strategy tied to its ecosystem and Gemini distribution. Google to develop and manufacture smartphones in Vietnam

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $340.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, October 8th. Piper Sandler raised their target price on Alphabet from $285.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Guggenheim reiterated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $318.36.

Alphabet Profile

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.