Neumann Capital Management LLC Has $10.91 Million Position in Alphabet Inc. $GOOGL

Neumann Capital Management LLC lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,886 shares of the information services provider’s stock after selling 1,764 shares during the quarter. Alphabet accounts for about 3.2% of Neumann Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Neumann Capital Management LLC’s holdings in Alphabet were worth $10,912,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Alphabet by 1.3% during the 2nd 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. State Street Corp lifted its position in Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its holdings in Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after purchasing an additional 4,224,497 shares during the last quarter. Norges Bank bought a new stake in Alphabet in the 2nd quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. raised its stake in Alphabet by 1.2% during the 2nd quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after buying an additional 503,306 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction dated 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 in the company, valued at $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 192,687 shares of company stock valued at $56,255,711. Company insiders own 11.64% of the company’s stock.

Alphabet Trading Down 0.3%

Alphabet stock 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 firm has a market capitalization of $3.78 trillion, a price-to-earnings ratio of 30.87, a P/E/G ratio of 1.80 and a beta of 1.08. The firm has a 50 day moving average of $300.42 and a 200 day moving average of $242.55. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion for 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%. As a group, research analysts predict that Alphabet Inc. will post 8.9 earnings per share 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 paid a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is 8.28%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. HSBC raised their price target on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Citigroup restated an “outperform” rating on shares of Alphabet in a research note on Wednesday. Wall Street Zen raised shares of Alphabet from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Daiwa Capital Markets raised their price objective on shares of Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, CIBC boosted their target price on shares of Alphabet to $315.00 in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $317.76.

Alphabet News Roundup

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.

Alphabet Profile

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.