Plimoth Trust Co. LLC Cuts Stock Holdings in Alphabet Inc. $GOOGL

Plimoth Trust Co. LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,282 shares of the information services provider’s stock after selling 2,306 shares during the quarter. Alphabet comprises approximately 3.5% of Plimoth Trust Co. LLC’s holdings, making the stock its 4th largest position. Plimoth Trust Co. LLC’s holdings in Alphabet were worth $15,384,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Truist Financial Corp raised its holdings in Alphabet by 2.3% in the 2nd quarter. Truist Financial Corp now owns 2,546,012 shares of the information services provider’s stock worth $448,684,000 after acquiring an additional 56,295 shares during the period. Alaethes Wealth LLC grew its position in shares of Alphabet by 1.1% in the first quarter. Alaethes Wealth LLC now owns 7,646 shares of the information services provider’s stock valued at $1,182,000 after purchasing an additional 84 shares during the last quarter. Moment Partners LLC increased its stake in shares of Alphabet by 9.3% in the second quarter. Moment Partners LLC now owns 5,896 shares of the information services provider’s stock worth $1,039,000 after purchasing an additional 504 shares during the period. Welch Group LLC lifted its position in shares of Alphabet by 4.0% during the 2nd quarter. Welch Group LLC now owns 64,262 shares of the information services provider’s stock worth $11,325,000 after purchasing an additional 2,467 shares during the last quarter. Finally, Brooktree Capital Management bought a new stake in Alphabet during the 2nd quarter valued at approximately $352,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on GOOGL shares. Hsbc Global Res raised Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. Moffett Nathanson boosted their target price on shares of Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. Bank of America raised their price target on shares of Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, Roth Capital boosted their price objective on shares of Alphabet from $210.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, October 16th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $320.12.

Check Out Our Latest Stock Analysis on GOOGL

Insider Buying and Selling

In related news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction on 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. The trade was a 29.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the transaction, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 192,687 shares of company stock worth $56,255,711 in the last 90 days. 11.64% of the stock is owned by company insiders.

Alphabet Trading Up 0.4%

Shares of GOOGL stock opened at $316.54 on Tuesday. The firm has a fifty day moving average of $302.47 and a 200-day moving average of $245.49. The stock has a market cap of $3.82 trillion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 1.74 and a beta of 1.08. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $328.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.

Alphabet (NASDAQ:GOOGLGet Free Report) last posted its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. On average, equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Argus raised its price target on Alphabet to $365 and maintained a “buy” rating, citing stronger upside vs. prior guidance — a direct analyst catalyst that can attract additional buying and support the stock’s valuation recovery. Argus adjusts price target on Alphabet to $365
  • Positive Sentiment: Samsung plans to double the number of mobile devices running Google’s Gemini to ~800 million units this year — a major distribution and adoption boost for Alphabet’s AI stack that can increase usage of cloud/AI services, strengthen Gemini’s ecosystem, and create monetization opportunities. Samsung to double devices powered by Google’s Gemini
  • Positive Sentiment: MarketBeat highlights Alphabet as a top upgraded stock heading into 2026, noting dozens of analyst bullish revisions, a sharp rise in consensus price targets, and $140B of institutional inflows — all signaling sustained buy-side conviction and potential for further multiple expansion. Alphabet leader in upgraded stocks
  • Positive Sentiment: Retail sentiment also favors Alphabet (ranked among top retail picks), reflecting alignment between Main Street and Wall Street — retail interest can amplify momentum and trading volume, particularly around AI narratives and product launches. 5 Stocks Retail Investors Are Betting on for 2026
  • Positive Sentiment: High-profile endorsements and narratives (e.g., coverage noting Berkshire Hathaway’s regret at not owning Google) reinforce Alphabet’s long-term quality perception, supporting demand from buy-and-hold investors. Berkshire on missing Google
  • Negative Sentiment: Indonesian prosecutors filed graft charges related to laptop procurement involving a former minister; while this implicates local procurement and public-sector processes rather than Alphabet directly, it could create short-term headline risk and localized reputational/legal scrutiny. Ex-Indonesian minister faces graft charges over Google laptop procurement

About Alphabet

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGLFree Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.