Alphabet Inc. $GOOG Stake Lifted by Perpetual Ltd

Perpetual Ltd grew its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 34.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,056 shares of the information services provider’s stock after purchasing an additional 5,897 shares during the quarter. Perpetual Ltd’s holdings in Alphabet were worth $5,615,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOOG. RDA Financial Network grew its stake in shares of Alphabet by 5.3% in the 2nd quarter. RDA Financial Network now owns 11,094 shares of the information services provider’s stock worth $1,968,000 after purchasing an additional 554 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in Alphabet by 1.4% during the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after purchasing an additional 2,304 shares during the last quarter. American National Bank of Texas bought a new stake in Alphabet during the third quarter worth approximately $900,000. Northwestern Mutual Wealth Management Co. grew its position in Alphabet by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after buying an additional 42,028 shares during the last quarter. Finally, Oldfather Financial Services LLC bought a new position in shares of Alphabet in the second quarter valued at $213,000. Institutional investors own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. Piper Sandler upped 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. UBS Group reiterated a “neutral” rating on shares of Alphabet in a research report on Thursday, October 30th. BNP Paribas started coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating on the stock. Finally, KeyCorp reaffirmed an “overweight” rating and set a $330.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and an average target price of $313.04.

Alphabet Stock Up 0.9%

Shares of Alphabet stock opened at $311.33 on Tuesday. The stock has a 50-day moving average price of $291.16 and a 200 day moving average price of $236.49. The company has a market cap of $3.76 trillion, a P/E ratio of 30.70, a P/E/G ratio of 1.78 and a beta of 1.07. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $328.67.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.12 EPS. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the completion of the transaction, the chief executive officer directly owned 2,239,619 shares in the company, valued at $671,437,776.20. This trade represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 228,906 shares of company stock worth $63,984,117 in the last quarter. 12.99% of the stock is owned by corporate insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect, a data?center and clean?energy developer, for $4.75 billion to lock in power and accelerate AI data?center builds — a strategic move to remove an energy bottleneck for cloud/AI growth. Alphabet to buy Intersect
• Positive Sentiment: Wedbush raised its price target on Alphabet to $350 (from $320) and kept an Outperform rating — a clear signal that some sell?side analysts are valuing Alphabet higher amid its AI/infra push. Wedbush Raises PT
• Positive Sentiment: Market commentary highlights Gemini 3’s impact on the AI landscape in 2025 (product momentum that supports Cloud and search monetization expectations). Strong product momentum helps justify higher growth assumptions. Gemini 3 market reaction
• Positive Sentiment: Analyst bullishness on Google Cloud and enterprise AI adoption (BMO and others recently raised outlooks), reinforcing expectations for higher recurring revenue from cloud/AI services. BMO Boosts Outlook
• Neutral Sentiment: Waymo briefly paused and then resumed San Francisco service after a citywide power outage — a short?term operational disruption that is unlikely to change long?term expectations for Waymo’s valuation but draws attention to grid resilience issues relevant to autonomous fleets. Waymo resumes service
• Negative Sentiment: The New York Times reporter filed a lawsuit alleging major AI developers (including Google) used copyrighted books without permission to train chatbots — a legal risk that could create future liabilities, injunctions, or force changes to training practices. NYT reporter sues Google and others

About Alphabet

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.