Douglas Lane & Associates LLC Lowers Stock Holdings in Alphabet Inc. $GOOG

Douglas Lane & Associates LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.6% in the third quarter, Holdings Channel reports. The institutional investor owned 870,937 shares of the information services provider’s stock after selling 14,591 shares during the period. Alphabet makes up about 3.0% of Douglas Lane & Associates LLC’s portfolio, making the stock its 2nd largest position. Douglas Lane & Associates LLC’s holdings in Alphabet were worth $212,117,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares during the period. Nicholas Hoffman & Company LLC. grew its position in Alphabet by 4.0% during the first quarter. Nicholas Hoffman & Company LLC. now owns 25,146 shares of the information services provider’s stock worth $3,929,000 after buying an additional 976 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in Alphabet by 34.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 68,072 shares of the information services provider’s stock worth $10,635,000 after buying an additional 17,334 shares in the last quarter. Martingale Asset Management L P increased its stake in Alphabet by 2.3% during the 1st quarter. Martingale Asset Management L P now owns 3,100 shares of the information services provider’s stock worth $484,000 after acquiring an additional 71 shares during the period. Finally, Freedom Investment Management Inc. raised its holdings in Alphabet by 8.3% in the 1st quarter. Freedom Investment Management Inc. now owns 6,793 shares of the information services provider’s stock valued at $1,061,000 after acquiring an additional 521 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 0.9%

GOOG opened at $311.33 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The company’s 50 day moving average price is $291.16 and its two-hundred day moving average price is $236.49. The firm has a market capitalization of $3.76 trillion, a price-to-earnings ratio of 30.70, a PEG ratio of 1.78 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. During the same quarter in the previous year, the company posted $2.12 EPS. The business’s revenue was up 15.9% on a year-over-year basis. As a group, research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect, a data‑center and clean‑energy developer, for $4.75 billion to lock in power and accelerate AI data‑center builds — a strategic move to remove an energy bottleneck for cloud/AI growth. Alphabet to buy Intersect
• Positive Sentiment: Wedbush raised its price target on Alphabet to $350 (from $320) and kept an Outperform rating — a clear signal that some sell‑side analysts are valuing Alphabet higher amid its AI/infra push. Wedbush Raises PT
• Positive Sentiment: Market commentary highlights Gemini 3’s impact on the AI landscape in 2025 (product momentum that supports Cloud and search monetization expectations). Strong product momentum helps justify higher growth assumptions. Gemini 3 market reaction
• Positive Sentiment: Analyst bullishness on Google Cloud and enterprise AI adoption (BMO and others recently raised outlooks), reinforcing expectations for higher recurring revenue from cloud/AI services. BMO Boosts Outlook
• Neutral Sentiment: Waymo briefly paused and then resumed San Francisco service after a citywide power outage — a short‑term operational disruption that is unlikely to change long‑term expectations for Waymo’s valuation but draws attention to grid resilience issues relevant to autonomous fleets. Waymo resumes service
• Negative Sentiment: The New York Times reporter filed a lawsuit alleging major AI developers (including Google) used copyrighted books without permission to train chatbots — a legal risk that could create future liabilities, injunctions, or force changes to training practices. NYT reporter sues Google and others

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the sale, the director directly owned 3,916 shares in the company, valued at approximately $1,206,872.04. This trade represents a 13.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $299.80, for a total value of $9,743,500.00. Following the completion of the sale, the chief executive officer directly owned 2,239,619 shares of the company’s stock, valued at $671,437,776.20. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 228,906 shares of company stock worth $63,984,117. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on GOOG. BNP Paribas assumed coverage on shares of Alphabet in a research report on Monday, November 24th. They set an “outperform” rating for the company. Mizuho set a $325.00 price target on shares of Alphabet in a report on Thursday, October 30th. JPMorgan Chase & Co. increased their price target on shares of Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Cowen restated a “buy” rating on shares of Alphabet in a research report on Friday, December 12th. Finally, Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $313.04.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.