Boston Trust Walden Corp reduced its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 15.4% in the third quarter, Holdings Channel.com reports. The fund owned 1,057,221 shares of the information services provider’s stock after selling 192,331 shares during the quarter. Alphabet makes up about 1.9% of Boston Trust Walden Corp’s holdings, making the stock its 4th biggest holding. Boston Trust Walden Corp’s holdings in Alphabet were worth $257,010,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the 2nd quarter valued at $31,000. CarsonAllaria Wealth Management Ltd. boosted its stake in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares during the period. Corsicana & Co. purchased a new position in Alphabet during the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC increased its stake in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the last quarter. Finally, Christopher J. Hasenberg Inc raised its holdings in shares of Alphabet by 77.6% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after acquiring an additional 152 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.
Alphabet Stock Performance
Alphabet stock opened at $314.43 on Wednesday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $3.79 trillion, a PE ratio of 31.01, a P/E/G ratio of 1.75 and a beta of 1.08. The firm has a fifty day simple moving average of $303.41 and a two-hundred day simple moving average of $246.53. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $328.83.
Alphabet Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given 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%.
Analysts Set New Price Targets
Several brokerages have recently commented on GOOGL. BNP Paribas started coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating and a $355.00 price objective for the company. BMO Capital Markets boosted their price target on shares of Alphabet from $340.00 to $343.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. BNP Paribas Exane started coverage on shares of Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 price objective on the stock. Wolfe Research set a $380.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a research report on Monday. Finally, Wells Fargo & Company increased their target price on Alphabet from $236.00 to $268.00 and gave the company an “equal weight” rating in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $320.12.
Read Our Latest Stock Analysis on Alphabet
Insider Transactions at Alphabet
In related news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $308.19, for a total transaction of $184,914.00. Following the completion of the sale, the director directly owned 3,916 shares in the company, valued at $1,206,872.04. This represents a 13.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 17,829 shares of the 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 sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 192,687 shares of company stock valued at $56,255,711. Insiders own 11.55% of the company’s stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Strong AI hardware strategy and sentiment shift — Coverage argues Alphabet’s custom AI chip/TPU roadmap and clearer monetization plans are reshaping investor expectations and could drive a breakout toward new highs as AI spending accelerates. Alphabet Stock Eyes Breakout Above All-Time High
- Positive Sentiment: Cloud + Gemini monetization pickup — Analysts and commentators highlight that Google Cloud’s AI product rollout (Gemini integration, Overviews, enterprise AI services) is reaching an inflection point, improving revenue mix and margins for 2026. Alphabet’s AI Cloud Moment May Finally Be Here
- Positive Sentiment: Distribution scale via partners — Samsung plans to double the number of devices running Google’s Gemini features to ~800M units this year, a large-scale distribution win that supports mobile AI adoption and ad/Cloud engagement. Samsung to double mobile devices powered by Google’s Gemini
- Positive Sentiment: Analyst upgrades and price‑target lifts — Argus raised its price target to $365 (buy), and MarketBeat/other outlets show broad bullish analyst revisions heading into 2026, supporting upside expectations and institutional inflows. Argus adjusts price target on Alphabet to $365
- Positive Sentiment: Broader bullish repositioning into AI leaders — MarketBeat pieces highlight Alphabet among the most‑upgraded/rewired tech names for 2026, reflecting momentum in analyst sentiment and flows that favor AI/cloud leaders. 5 Stocks Wall Street Repriced Higher Heading Into 2026
- Neutral Sentiment: Defense and energy partnerships alter investment profile — Coverage notes Alphabet’s Pentagon‑backed AI work and an Intersect Power deal, which can broaden revenue sources but also adds defense exposure and ESG/government contracting complexity. Impact is mixed for multiples and investor cohorts. How Alphabet’s Pentagon‑Backed AI Push and Intersect Power Deal Has Changed Its Investment Story
- Negative Sentiment: Local legal/regulatory noise — Indonesian prosecutors filed graft charges linked to laptop procurement tied to Google; while not a company‑level financial shock, such cases add regional legal risk and headline volatility that can sap risk appetite short‑term. Ex-Indonesian minister faces graft charges over Google laptop
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.
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