Sumitomo Mitsui Trust Group Inc. Purchases 86,803 Shares of Alphabet Inc. $GOOGL

Sumitomo Mitsui Trust Group Inc. increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,364,600 shares of the information services provider’s stock after purchasing an additional 86,803 shares during the period. Alphabet makes up approximately 2.0% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 8th largest position. Sumitomo Mitsui Trust Group Inc.’s holdings in Alphabet were worth $3,492,034,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cornell Pochily Investment Advisors Inc. increased its position in Alphabet by 0.6% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 15,526 shares of the information services provider’s stock worth $3,774,000 after purchasing an additional 100 shares during the period. Gradient Capital Advisors LLC grew its holdings in Alphabet by 2.8% during the third quarter. Gradient Capital Advisors LLC now owns 22,825 shares of the information services provider’s stock worth $5,549,000 after acquiring an additional 621 shares during the period. Elite Wealth Management Inc. grew its holdings in Alphabet by 23.3% during the third quarter. Elite Wealth Management Inc. now owns 97,981 shares of the information services provider’s stock worth $23,819,000 after acquiring an additional 18,511 shares during the period. First Horizon Corp purchased a new position in Alphabet in the third quarter worth $20,054,000. Finally, Pinnacle Bancorp Inc. lifted its holdings in Alphabet by 1.1% in the third quarter. Pinnacle Bancorp Inc. now owns 20,464 shares of the information services provider’s stock valued at $4,975,000 after acquiring an additional 225 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GOOGL shares. Guggenheim reaffirmed a “buy” rating and set a $375.00 price target (up from $330.00) on shares of Alphabet in a research note on Monday, December 1st. Hsbc Global Res raised shares of Alphabet to a “strong-buy” rating in a report on Tuesday, October 7th. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Finally, CIBC lifted their price objective on Alphabet to $315.00 in a report on Monday, October 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average target price of $331.40.

Alphabet Stock Performance

NASDAQ GOOGL opened at $328.04 on Friday. 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 Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $340.49. The business has a fifty day moving average of $315.65 and a 200-day moving average of $260.10. The stock has a market cap of $3.96 trillion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last posted 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. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. As a group, analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the sale, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 222,409 shares of company stock valued at $68,564,532. Corporate insiders own 11.64% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

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.