Vantage Investment Partners LLC grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 39.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,489 shares of the information services provider’s stock after buying an additional 18,148 shares during the period. Alphabet accounts for 1.3% of Vantage Investment Partners LLC’s portfolio, making the stock its 25th biggest position. Vantage Investment Partners LLC’s holdings in Alphabet were worth $22,189,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. EMC Capital Management bought a new stake in shares of Alphabet during the 2nd quarter valued at about $35,000. Core Capital Management & Research inc. purchased a new position in shares of Alphabet during the second quarter valued at about $41,000. Intelligent Financial Strategies bought a new position in shares of Alphabet in the 3rd quarter worth approximately $41,000. Premier Financial Group purchased a new stake in Alphabet in the second quarter worth $45,000. Finally, Graney & King LLC grew its stake in Alphabet by 38.5% in the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock worth $64,000 after purchasing an additional 50 shares during the period. Institutional investors own 40.03% of the company’s stock.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
- Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
- Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
- Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
- Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI
Insider Activity
In other news, Director Frances Arnold sold 83 shares of the business’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. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders have sold 247 shares of company stock worth $79,238. Insiders own 11.61% of the company’s stock.
Alphabet Trading Down 2.2%
Shares of GOOGL stock opened at $282.57 on Friday. Alphabet Inc. has a 12-month low of $270.70 and a 12-month high of $408.61. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The firm’s 50 day moving average is $334.04 and its 200 day moving average is $339.15. The stock has a market capitalization of $3.46 trillion, a P/E ratio of 14.75, a P/E/G ratio of 0.87 and a beta of 1.23.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. Research analysts expect that Alphabet Inc. will post 19.86 earnings per share for the current year.
Alphabet Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.
Wall Street Analysts Forecast Growth
GOOGL has been the topic of a number of research reports. KeyCorp dropped their target price on shares of Alphabet from $410.00 to $385.00 and set an “overweight” rating on the stock in a report on Thursday, October 29th. Citizens Jmp lowered shares of Alphabet from a “market outperform” rating to a “hold” rating in a research note on Thursday, October 29th. Guggenheim reissued a “buy” rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Piper Sandler set a $345.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a research note on Thursday, October 29th. Finally, Rosenblatt Securities cut their price objective on shares of Alphabet from $410.00 to $380.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Alphabet has an average rating of “Buy” and an average price target of $412.51.
View Our Latest Report on Alphabet
About Alphabet
Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.
Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.
Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.
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