Shah Wealth Advisors LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 529.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,888 shares of the information services provider’s stock after acquiring an additional 4,111 shares during the period. Shah Wealth Advisors LLC’s holdings in Alphabet were worth $1,666,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of the business. Readystate Asset Management LP bought a new stake in Alphabet in the 2nd quarter valued at about $45,352,000. BlackRock Inc. increased its holdings in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the period. State Street Corp increased its holdings in shares of Alphabet by 2.8% during the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after purchasing an additional 5,208,690 shares during the period. Amundi raised its position in shares of Alphabet by 22.9% in the first quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after buying an additional 4,083,758 shares in the last quarter. Finally, Deutsche Bank AG raised its position in shares of Alphabet by 5.6% in the second quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after buying an additional 913,666 shares in the last quarter. 27.26% of the stock is owned by institutional investors.
Alphabet Price Performance
Shares of NASDAQ GOOG traded down $2.83 during trading hours on Friday, hitting $292.52. 18,439,258 shares of the stock were exchanged, compared to its average volume of 26,699,732. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The company has a market cap of $3.60 trillion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21. The company’s fifty day simple moving average is $325.11 and its two-hundred day simple moving average is $335.97. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. During the same period last year, the business earned $2.87 earnings per share. The business’s revenue was up 24.7% compared to the same quarter last year. On average, sell-side analysts predict that Alphabet Inc. will post 19.74 EPS for the current year.
Alphabet Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.
Analysts Set New Price Targets
Several brokerages recently issued reports on GOOG. Sanford C. Bernstein reiterated a “market perform” rating and issued a $325.00 price target on shares of Alphabet in a research note on Thursday, October 29th. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a research note on Thursday, July 23rd. Piper Sandler reaffirmed an “overweight” rating and issued a $345.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Finally, Bank of America reissued a “buy” rating on shares of Alphabet in a report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $413.38.
Read Our Latest Analysis on GOOG
Insider Activity
In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders sold 247 shares of company stock valued at $79,238. Company insiders own 12.99% of the company’s stock.
Key Headlines Impacting Alphabet
Investors following GOOG have been watching these headlines:
- Positive Sentiment: Institutional demand provides support: ETFs bought a reported $78.6 million of GOOG shares on Wednesday, with 42 funds buying and 12 selling. Berkshire Hathaway has also built a substantial Alphabet position, though these holdings data are not a real-time trading signal. Article
- Neutral Sentiment: Google and Samsung are opening preorders for AI smart glasses. The launch extends Google’s AI ecosystem, but its near-term revenue impact is unclear and privacy concerns remain. Article
- Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article
About Alphabet
Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.
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