5,742 Alphabet Inc. $GOOGL Shares Acquired by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC raised its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 94,601 shares of the information services provider’s stock after purchasing an additional 5,742 shares during the quarter. Alphabet accounts for 1.5% of WealthPlan Investment Management LLC’s portfolio, making the stock its 11th biggest position. WealthPlan Investment Management LLC’s holdings in Alphabet were worth $32,550,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GOOGL. State Street Corp raised its stake in Alphabet by 5.6% in the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after buying an additional 12,718,127 shares in the last quarter. Invesco Ltd. grew its stake in shares of Alphabet by 0.5% in the fourth quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider’s stock worth $14,208,470,000 after acquiring an additional 208,362 shares during the period. Amundi raised its position in Alphabet by 4.6% in the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after acquiring an additional 1,457,371 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after acquiring an additional 1,631,721 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in Alphabet by 11.9% in the 4th quarter. Hsbc Holdings PLC now owns 16,466,253 shares of the information services provider’s stock worth $5,154,034,000 after buying an additional 1,749,161 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

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.

Alphabet Price Performance

GOOGL stock traded down $8.63 during trading on Friday, hitting $340.59. The stock had a trading volume of 28,484,155 shares, compared to its average volume of 26,079,582. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a twelve month low of $244.15 and a twelve month high of $408.61. The stock has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a PEG ratio of 1.01 and a beta of 1.21. The company’s 50-day moving average price is $344.26 and its two-hundred day moving average price is $351.32.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, research analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Thursday, October 8th. KeyCorp increased their price objective on shares of Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research report on Monday, June 22nd. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, Evercore reiterated an “outperform” rating and set a $450.00 price objective on shares of Alphabet in a research note on Wednesday, September 16th. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $425.04.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 420,865 shares of company stock valued at $8,293,477 in the last 90 days. 11.61% of the stock is owned by insiders.

Alphabet Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.