Hamilton Capital Partners LLC Sells 87,957 Shares of Alphabet Inc. $GOOGL

Hamilton Capital Partners LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOGL) by 40.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,428 shares of the information services provider’s stock after selling 87,957 shares during the quarter. Alphabet accounts for 12.3% of Hamilton Capital Partners LLC’s holdings, making the stock its 3rd largest holding. Hamilton Capital Partners LLC’s holdings in Alphabet were worth $31,950,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Alphabet in the 2nd quarter valued at $21,944,208,000. Laurel Wealth Advisors LLC boosted its stake in Alphabet by 17,667.7% in the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after buying an additional 15,159,273 shares in the last quarter. Franklin Resources Inc. grew its position in Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after acquiring an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. grew its position in Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after acquiring an additional 6,733,278 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Alphabet by 201.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after acquiring an additional 4,374,542 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum and 2025 strength: Coverage highlights that Alphabet’s AI launches and product moves (Gemini, model upgrades) helped lift ad and cloud monetization, driving a banner 2025 that underpins bullish investor views. Read More.
• Positive Sentiment: Analyst upgrade flow: Some sell‑side shops have raised targets (notably a Citizens JMP upgrade to $385), which can attract buying interest and support the share price. Read More.
• Positive Sentiment: Firm buy-side / retail interest: Multiple investor pieces list Alphabet as a top 2026 AI/capital‑allocation idea due to its distribution edge, cloud growth and end‑to‑end AI stack. That narrative is helping demand from advisors and retail channels. Read More.
• Neutral Sentiment: Operational moves (energy / Intersect Power): Alphabet’s purchases of energy and data‑center power capacity are strategically important for scale but are longer‑dated benefits for EPS. BNP Paribas Exane reaffirmed coverage amid the Intersect Power story. Read More.
• Neutral Sentiment: Emerging tech exposure (quantum): Market commentary positions Alphabet as a lower‑risk way to get quantum exposure versus pure‑play names — relevant for strategic, longer‑term investors rather than a near‑term catalyst. Read More.
• Negative Sentiment: Insider selling: Large disclosed sales (John Kent Walker sold ~17,829 shares; director Frances Arnold also sold) may create near‑term selling pressure or signal tax/planning activity that investors watch. Read More.
• Negative Sentiment: CapEx and margin risk: Analysts warn heavy AI infrastructure spending across hyperscalers could pressure near‑term free cash flow and margins, a key risk for valuation if spending outpaces revenue conversion. Read More.
• Negative Sentiment: Regulatory/legal noise: Ongoing reporting about DOJ probes and policy scrutiny adds an overhang that can dent sentiment if enforcement escalates. Read More.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The stock was 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 in the company, valued at approximately $671,437,776.20. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $308.19, for a total value of $184,914.00. Following the transaction, the director owned 3,916 shares in the company, valued at $1,206,872.04. The trade was a 13.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 192,687 shares of company stock valued at $56,255,711. 11.64% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on GOOGL. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Alphabet from $260.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Robert W. Baird boosted their target price on shares of Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, September 22nd. KeyCorp reiterated an “overweight” rating and issued a $300.00 price target (up from $265.00) on shares of Alphabet in a research note on Monday, October 27th. Evercore ISI raised their price objective on Alphabet from $300.00 to $325.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Finally, Bank of America boosted their price objective on Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $317.76.

Alphabet Trading Down 0.3%

NASDAQ GOOGL opened at $313.00 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $3.78 trillion, a PE ratio of 30.87, a price-to-earnings-growth ratio of 1.80 and a beta of 1.08. The business’s 50-day moving average price is $300.42 and its two-hundred day moving average price is $242.55.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. On average, analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

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

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.