Alphabet Inc. $GOOGL Stock: State of Wyoming Decreases Stake

State of Wyoming lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 17.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 23,277 shares of the information services provider’s stock after selling 4,980 shares during the quarter. Alphabet comprises approximately 0.6% of State of Wyoming’s portfolio, making the stock its 9th biggest holding. State of Wyoming’s holdings in Alphabet were worth $8,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of GOOGL. Petros Family Wealth LLC lifted its position in Alphabet by 9.2% during the third quarter. Petros Family Wealth LLC now owns 5,721 shares of the information services provider’s stock valued at $1,969,000 after purchasing an additional 482 shares in the last quarter. DWM Financial Group Inc. bought a new stake in Alphabet during the third quarter valued at about $306,000. Arta Finance Wealth Management LLC grew its holdings in Alphabet by 19.6% during the third quarter. Arta Finance Wealth Management LLC now owns 9,136 shares of the information services provider’s stock valued at $3,144,000 after purchasing an additional 1,500 shares during the period. Whelan Financial increased its position in Alphabet by 20.8% in the third quarter. Whelan Financial now owns 6,626 shares of the information services provider’s stock worth $2,280,000 after buying an additional 1,143 shares in the last quarter. Finally, Prosperitas Financial LLC increased its position in Alphabet by 4.1% in the third quarter. Prosperitas Financial LLC now owns 42,826 shares of the information services provider’s stock worth $14,736,000 after buying an additional 1,689 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $480.00 price objective (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. UBS Group set a $332.00 price objective on Alphabet and gave the company a “neutral” rating in a research note on Thursday, October 29th. Morgan Stanley reissued an “overweight” rating and issued a $375.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Yorkville Ives started coverage on shares of Alphabet in a report on Monday, October 5th. They issued an “outperform” rating and a $400.00 target price for the company. Finally, Royal Bank Of Canada decreased their target price on shares of Alphabet from $425.00 to $400.00 and set an “outperform” rating on the stock in a research note on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus price target of $412.51.

Alphabet Trading Up 0.8%

Shares of GOOGL stock opened at $284.78 on Friday. Alphabet Inc. has a 52-week low of $270.70 and a 52-week high of $408.61. 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 firm has a market capitalization of $3.48 trillion, a PE ratio of 14.86, a PEG ratio of 0.86 and a beta of 1.23. The stock has a fifty day simple moving average of $332.93 and a two-hundred day simple moving average of $338.97.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. On average, analysts predict that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is 4.59%.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders sold 247 shares of company stock worth $79,238. 11.61% of the stock is currently owned by company insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.