Beacon Investment Advisory Services Inc. Has $7.13 Million Stock Position in Alphabet Inc. $GOOG

Beacon Investment Advisory Services Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOG) by 11.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,276 shares of the information services provider’s stock after selling 3,776 shares during the quarter. Beacon Investment Advisory Services Inc.’s holdings in Alphabet were worth $7,130,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Higgins & Schmidt Wealth Strategies LLC lifted its holdings in shares of Alphabet by 2.2% in the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock valued at $443,000 after purchasing an additional 40 shares in the last quarter. Meritas Wealth Management LLC grew its holdings in shares of Alphabet by 3.0% during the third quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock valued at $355,000 after buying an additional 42 shares in the last quarter. First Financial Bank Trust Division raised its position in Alphabet by 0.6% during the third quarter. First Financial Bank Trust Division now owns 7,208 shares of the information services provider’s stock valued at $1,756,000 after buying an additional 45 shares during the period. Falcon Wealth Planning raised its position in Alphabet by 0.4% during the third quarter. Falcon Wealth Planning now owns 11,881 shares of the information services provider’s stock valued at $2,894,000 after buying an additional 45 shares during the period. Finally, Trust Co of the South lifted its stake in Alphabet by 0.5% in the 3rd quarter. Trust Co of the South now owns 8,800 shares of the information services provider’s stock worth $2,143,000 after acquiring an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q3/Q4 earnings and company results flagged resiliency and upside vs. expectations — analysts point to strong ad and cloud performance that underpin near‑term earnings. Alphabet (GOOG) Reported Strong Results Despite AI Disruption
• Positive Sentiment: Google Gemini adoption is surging (massive YoY growth and market‑share gains vs. ChatGPT), a direct revenue/engagement tailwind for Search, YouTube and Cloud monetization. Google Gemini & YouTube: GOOGL Digital Fortresses to Fend Off ChatGPT
• Positive Sentiment: Cloud momentum and AI infrastructure (including custom chips) are driving >30% cloud growth and improving unit economics versus peers — supports longer‑term margin expansion. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026. Here’s My No.
• Positive Sentiment: Street sentiment is warming: heavy analyst upgrades and bullish price targets (MarketBeat/TipRanks highlight double‑digit upside and a consensus lift in coverage). The 5 Most Upgraded Stocks from 2025: Double-Digit Upside in 2026 (Alphabet coverage)
• Positive Sentiment: Corporate development win — SandboxAQ (Alphabet spin‑off) landed a major Bahrain cyber contract, showing diversification into government/security revenue streams. Alphabet (GOOGL) Spin Off SandboxAQ Wins Major Government Cyber Deal in Bahrain
• Neutral Sentiment: Market commentary notes Alphabet’s re‑rating into an AI growth multiple — supports higher targets but raises valuation sensitivity to AI execution and capex. Alphabet Isn’t a Search and Ad Company Anymore. Now It’s Valued Like an AI Stock
• Negative Sentiment: Regulatory/legal risk: reports indicate a DOJ probe tied to company DEI policies — an added political/regulatory overhang that could amplify volatility or lead to enforcement headlines. Trump’s Justice Department probes Google, Verizon over DEI policies, citing fraud law: report

Alphabet Price Performance

Shares of GOOG opened at $314.54 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market cap of $3.80 trillion, a PE ratio of 31.02, a PEG ratio of 1.81 and a beta of 1.07. The firm’s 50 day moving average price is $298.73 and its 200 day moving average price is $242.31. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $328.67.

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

Alphabet Dividend Announcement

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

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This trade represents a 19.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total value of $8,129,875.00. Following the completion of the sale, the chief executive officer owned 2,369,619 shares of the company’s stock, valued at approximately $592,760,192.85. This trade represents a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 195,363 shares of company stock worth $57,024,525 over the last three months. Corporate insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on GOOG shares. Hsbc Global Res raised Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. Piper Sandler raised their price target on shares of Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. KeyCorp reaffirmed an “overweight” rating and set a $330.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Pivotal Research reiterated a “buy” rating and issued a $400.00 price objective (up previously from $350.00) on shares of Alphabet in a research note on Friday, December 5th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Alphabet from $260.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given 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 company presently has an average rating of “Buy” and an average price target of $313.04.

Alphabet Company 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.