Boston Trust Walden Corp reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 2.0% during the third quarter, Holdings Channel reports. The fund owned 727,458 shares of the information services provider’s stock after selling 14,603 shares during the period. Alphabet comprises about 2.0% of Boston Trust Walden Corp’s investment portfolio, making the stock its 4th biggest position. Boston Trust Walden Corp’s holdings in Alphabet were worth $247,874,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Providence Wealth Advisors LLC increased its holdings in shares of Alphabet by 0.3% in the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock worth $3,094,000 after buying an additional 29 shares during the period. One Charles Private Wealth Services LLC lifted its stake in Alphabet by 0.6% in the first quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock worth $1,390,000 after acquiring an additional 29 shares during the period. Wisconsin Wealth Advisors LLC increased its position in Alphabet by 1.3% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock valued at $785,000 after purchasing an additional 29 shares during the period. Cypress Financial Planning LLC increased its position in Alphabet by 1.3% during the 3rd quarter. Cypress Financial Planning LLC now owns 2,198 shares of the information services provider’s stock valued at $749,000 after purchasing an additional 29 shares during the period. Finally, Johnson Wealth Management LLC raised its holdings in Alphabet by 1.7% in the 2nd quarter. Johnson Wealth Management LLC now owns 1,842 shares of the information services provider’s stock worth $651,000 after purchasing an additional 30 shares in the last quarter. 27.26% of the stock is owned by institutional investors.
Alphabet Stock Performance
Shares of NASDAQ:GOOG opened at $283.93 on Friday. The firm’s 50 day simple moving average is $329.78 and its 200-day simple moving average is $337.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The firm has a market cap of $3.47 trillion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results 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 analysts’ expectations of $127.97 billion. During the same quarter in the previous year, the firm posted $2.87 EPS. The firm’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, equities analysts predict that Alphabet Inc. will post 19.80 EPS for the current year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is 4.59%.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on GOOG. DA Davidson decreased their target price on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a research report on Thursday, July 23rd. Roth Capital boosted their target price on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Piper Sandler reiterated an “overweight” rating and set a $345.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Barclays reaffirmed an “overweight” 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 given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $413.38.
Check Out Our Latest Stock Report on GOOG
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
- Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
- Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
- Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
- Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
- Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt
Insider Buying and Selling at Alphabet
In other news, Director Frances Arnold sold 83 shares of the 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 transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 247 shares of company stock valued at $79,238. 12.99% of the stock is currently owned by corporate insiders.
Alphabet Company Profile
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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