General Partner Inc. cut its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 33.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,945 shares of the information services provider’s stock after selling 2,000 shares during the quarter. General Partner Inc.’s holdings in Alphabet were worth $1,357,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. Strategic Wealth Advisors LLC boosted its stake in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC lifted its holdings in Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after buying an additional 27 shares during the period. Ruggaard & Associates LLC boosted its position in Alphabet by 0.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after acquiring an additional 27 shares in the last quarter. Cadia Private Client LLC increased its holdings in shares of Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after acquiring an additional 28 shares during the period. Finally, Evansbrook LLC raised its position in shares of Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after acquiring an additional 28 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s strong earnings-surprise history and favorable analyst estimate trends suggest the company may outperform consensus again in its next quarterly report, supporting the shares. Will Alphabet Beat Estimates Again
- Positive Sentiment: Coverage highlights accelerating Google Cloud revenue, a large backlog and multiple AI monetization channels spanning advertising, cloud contracts and subscriptions. A reported launch of Gemini 4 Argon, aimed at complex enterprise tasks, could strengthen Alphabet’s competitive position if adoption follows. AI Boom Could Make Alphabet a Bigger Business Google Unveils Gemini 4 Argon
- Positive Sentiment: Alphabet’s investment in Anthropic could benefit if a future Anthropic public offering provides a higher valuation or additional capital for computing infrastructure, potentially creating value for Alphabet and other technology suppliers. Winners From an Anthropic IPO
- Neutral Sentiment: Google executives are scheduled to testify at a New York City Council hearing on AI risks. The event may increase regulatory scrutiny, although no immediate financial impact was announced. AI Risks Hearing
- Negative Sentiment: Several law firms announced a securities class action concerning purchases made between May 19 and July 16, 2026. The allegations include misleading disclosures about Gemini 3.5 Pro’s training performance and potential launch delays. The notices are largely investor-solicitation announcements, but the litigation adds reputational and legal risk. Alphabet Securities Class Action
- Negative Sentiment: Alphabet faces a proposed £1 billion UK consumer claim alleging that Google Play Store commissions of up to 30% violate competition law, adding to regulatory uncertainty around its app-store practices. Google Play Store UK Legal Claim
- Negative Sentiment: Recent analysis emphasizes that Alphabet’s quarterly capital expenditures more than doubled year over year, pressuring free cash flow and raising concerns that AI spending could weigh on shareholder returns before the investment generates sufficient profits. Alphabet Negative Free Cash Flow
Insider Buying and Selling at Alphabet
Alphabet Trading Up 0.8%
Shares of GOOGL traded up $2.71 during midday trading on Monday, hitting $346.21. 8,616,066 shares of the stock were exchanged, compared to its average volume of 30,833,164. Alphabet Inc. has a 52-week low of $235.84 and a 52-week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a fifty day simple moving average of $344.74 and a 200 day simple moving average of $348.00. The firm has a market cap of $4.23 trillion, a P/E ratio of 17.40, a P/E/G ratio of 0.99 and a beta of 1.21.
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating 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 company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. On average, research analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.
Alphabet Announces Dividend
The business also recently declared 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 yield of 0.3%. Alphabet’s payout ratio is 4.42%.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on GOOGL shares. Zacks Research downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. KeyCorp lifted their price target on shares of Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. DA Davidson set a $350.00 price target on Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. BMO Capital Markets set a $465.00 price objective on Alphabet and gave the company an “outperform” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average price target of $425.60.
Get Our Latest Research Report on GOOGL
About Alphabet
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.
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