Ninety One SA Pty Ltd Acquires 28,754 Shares of Alphabet Inc. $GOOGL

Ninety One SA Pty Ltd lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 17.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 195,421 shares of the information services provider’s stock after purchasing an additional 28,754 shares during the quarter. Alphabet comprises 3.4% of Ninety One SA Pty Ltd’s holdings, making the stock its 4th biggest position. Ninety One SA Pty Ltd’s holdings in Alphabet were worth $67,749,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. TT Capital Management LLC boosted its stake in Alphabet by 98.2% in the 3rd quarter. TT Capital Management LLC now owns 1,439 shares of the information services provider’s stock worth $495,000 after purchasing an additional 713 shares during the period. Charles Schwab Trust Co increased its holdings in Alphabet by 10.9% during the 3rd quarter. Charles Schwab Trust Co now owns 19,911 shares of the information services provider’s stock worth $6,851,000 after purchasing an additional 1,961 shares in the last quarter. Gunderson Capital Management LLC increased its holdings in Alphabet by 3,799.1% during the 3rd quarter. Gunderson Capital Management LLC now owns 45,776 shares of the information services provider’s stock worth $15,751,000 after purchasing an additional 44,602 shares in the last quarter. Turtle Creek Wealth Advisors LLC raised its stake in shares of Alphabet by 9.9% in the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 105,561 shares of the information services provider’s stock valued at $36,321,000 after purchasing an additional 9,532 shares during the period. Finally, WealthPlan Investment Management LLC raised its stake in shares of Alphabet by 6.5% in the 3rd quarter. WealthPlan Investment Management LLC now owns 94,601 shares of the information services provider’s stock valued at $32,550,000 after purchasing an additional 5,742 shares during the period. 40.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Benchmark restated a “buy” rating on shares of Alphabet in a report on Thursday, October 1st. Evercore reaffirmed an “outperform” rating and set a $450.00 price objective on shares of Alphabet in a research report on Wednesday, September 16th. Wells Fargo & Company reiterated an “overweight” rating and set a $417.00 price objective (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. Truist Financial set a $420.00 target price on Alphabet and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet presently has an average rating of “Buy” and an average target price of $425.04.

Alphabet Stock Down 2.5%

Shares of GOOGL stock opened at $340.59 on Friday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1 year low of $244.15 and a 1 year high of $408.61. The firm’s fifty day moving average price is $344.26 and its two-hundred day moving average price is $351.32. The firm has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a PEG ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. On average, equities analysts predict that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 420,865 shares of company stock valued at $8,293,477. 11.61% of the stock is owned by insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.