Alphabet Inc. $GOOG Shares Purchased by Wallington Asset Management LLC

Wallington Asset Management LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG) by 29.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 110,600 shares of the information services provider’s stock after purchasing an additional 25,244 shares during the quarter. Alphabet accounts for approximately 3.5% of Wallington Asset Management LLC’s portfolio, making the stock its 7th largest position. Wallington Asset Management LLC’s holdings in Alphabet were worth $26,937,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in GOOG. Brighton Jones LLC grew its holdings in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its position in shares of 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 purchasing an additional 976 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Alphabet by 36.7% during the first quarter. Advisors Asset Management Inc. now owns 26,738 shares of the information services provider’s stock worth $4,177,000 after purchasing an additional 7,179 shares in the last quarter. Clark Capital Management Group Inc. grew its stake in shares of Alphabet by 155.7% during the first quarter. Clark Capital Management Group Inc. now owns 32,835 shares of the information services provider’s stock valued at $5,130,000 after purchasing an additional 19,996 shares during the last quarter. Finally, Hancock Whitney Corp increased its holdings in shares of Alphabet by 10.6% in the first quarter. Hancock Whitney Corp now owns 25,066 shares of the information services provider’s stock valued at $3,916,000 after purchasing an additional 2,405 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Up 0.5%

NASDAQ:GOOG opened at $315.32 on Friday. 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 Inc. has a 1-year low of $142.66 and a 1-year high of $328.67. The firm has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.73 and a beta of 1.09. The business’s 50-day moving average price is $302.26 and its two-hundred day moving average price is $244.25.

Alphabet (NASDAQ:GOOG) last announced 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. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.Alphabet’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 EPS. On average, equities analysts expect that Alphabet Inc. will post 8.89 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. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. 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%.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum & monetization — Coverage highlights faster Gemini adoption, stronger YouTube/search integration and improving ad + cloud monetization that underpin revenue upside and multiple expansion. Article
• Positive Sentiment: Analyst and institutional backing — Several firms have raised targets and big holders (including UBS AM and Berkshire additions reported last quarter) continue to build positions, supporting sentiment and limiting downside. Article
• Neutral Sentiment: Options activity/earnings plays — Several retail/strategy pieces outline income and defined‑risk option trades (one‑month OTM puts, butterfly spreads) ahead of earnings; these signal increased short‑term options flow and hedging but not a directional fundamental change. Butterfly spread idea
• Neutral Sentiment: Longer‑term tech positioning — Pieces comparing legacy tech vs. pure‑play quantum note Alphabet as a lower‑risk way to get quantum/AI exposure, which appeals to investors preferring large‑cap stability over speculative small caps. Article
• Negative Sentiment: Insider selling headlines — Recent director and executive stock sales have been reported (SEC filings / press coverage); while routine for executives, high‑profile sell activity can weigh on near‑term sentiment. Article
• Negative Sentiment: Regulatory / lobbying overhang — New lobbying disclosures and reports of DOJ interest in company practices are drawing attention; escalation of enforcement or broad probes would increase volatility and could pressure multiples. Article

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 195,465 shares of company stock valued at $57,056,497. 12.99% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the company. KeyCorp reaffirmed an “overweight” rating and set a $330.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Scotiabank set a $336.00 price target on Alphabet and gave the company a “sector outperform” rating in a research note on Thursday, October 30th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Barclays boosted their price objective on Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, Sanford C. Bernstein raised their target price on shares of Alphabet from $260.00 to $305.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Alphabet currently has a consensus 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.