Alphabet Inc. $GOOG Stake Increased by Phillips Financial Management LLC

Phillips Financial Management LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 33.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,455 shares of the information services provider’s stock after buying an additional 1,616 shares during the quarter. Phillips Financial Management LLC’s holdings in Alphabet were worth $1,572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Higgins & Schmidt Wealth Strategies LLC boosted its holdings in shares of Alphabet by 2.2% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,818 shares of the information services provider’s stock worth $443,000 after purchasing an additional 40 shares during the period. Hartmann Taylor Wealth Management LLC increased its stake in Alphabet by 2.3% in the 3rd quarter. Hartmann Taylor Wealth Management LLC now owns 1,813 shares of the information services provider’s stock valued at $442,000 after buying an additional 40 shares during the period. Riverbend Wealth Management LLC lifted its position in Alphabet by 1.0% in the 3rd quarter. Riverbend Wealth Management LLC now owns 4,198 shares of the information services provider’s stock worth $1,023,000 after buying an additional 41 shares in the last quarter. Meritas Wealth Management LLC boosted its stake in shares of Alphabet by 3.0% during the 3rd quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock valued at $355,000 after buying an additional 42 shares during the period. Finally, Integral Investment Advisors Inc. boosted its stake in shares of Alphabet by 0.8% during the 3rd quarter. Integral Investment Advisors Inc. now owns 5,104 shares of the information services provider’s stock valued at $1,243,000 after buying an additional 42 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’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 sale, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This trade represents a 19.14% 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, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total value of $10,383,750.00. Following the transaction, the chief executive officer directly owned 2,272,119 shares of the company’s stock, valued at $725,942,020.50. This represents a 1.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 192,687 shares of company stock worth $58,728,068. 12.99% of the stock is owned by insiders.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $330.34 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market cap of $3.99 trillion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 1.82 and a beta of 1.09. The business’s 50-day simple moving average is $312.04 and its 200-day simple moving average is $255.57. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $341.20.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping 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 firm had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. During the same period in the previous year, the company earned $2.12 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. As a group, equities research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GOOG shares. Piper Sandler upped their price target on shares of Alphabet from $285.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. BMO Capital Markets reaffirmed an “outperform” rating and set a $340.00 price target on shares of Alphabet in a research note on Thursday, October 30th. TD Cowen lifted their price target on Alphabet from $350.00 to $355.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, October 8th. Seven investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $320.31.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major commercial validation — Apple’s decision to use Google’s Gemini to power the next-generation Siri is being treated as a high-margin licensing win and a distribution multiplier for Gemini; MarketBeat highlights this deal as a key catalyst behind Alphabet clearing a $4 trillion market cap. Alphabet Tops $4 Trillion Valuation as AI Momentum Runs HotMarketBeat: Alphabet Tops $4 Trillion Valuation
• Positive Sentiment: Product momentum — DeepMind and Google product teams are working closely (DeepMind CEO says daily dialogue with Google CEO) as Gemini and other AI features (e.g., Personal Intelligence) accelerate integration across Google apps — supports revenue/monetization pathways. DeepMind CEO is talking to Google CEO ‘every day’ as lab ramps up competition with OpenAICNBC: DeepMind/Google collaboration
• Positive Sentiment: Analyst and market momentum — Multiple analyst upgrades and higher price targets (Goldman, BofA, Wells Fargo, Cantor, Jefferies) plus bullish media commentary (including Jim Cramer) are supporting investor sentiment and inflows. Is Alphabet Inc. (GOOGL) The Most Profitable US Stock to Buy?InsiderMonkey: analyst coverage & targets
• Neutral Sentiment: Commercial pilots & partnerships — Google will power agentic AI for Woolworths’ Olive chatbot in Australia later this year, a useful commercial test but limited near-term revenue impact. Do Woolworths shoppers want Google AI adding items to buy? We’ll soon find outTechXplore: Woolworths pilot
• Neutral Sentiment: Sector tailwinds — Large forecasts for AI spending boost the long-term thesis for hyperscalers, but they also imply higher capex and competitive intensity across cloud and GPU suppliers. NVDA, GOOGL, META: AI Spending Forecast to Hit $2.53 Trillion This YearTipRanks: AI spending forecast
• Negative Sentiment: Regulatory/legal risk — Google asked a U.S. judge to pause an order forcing it to share data with rivals while it appeals an antitrust ruling; litigation outcomes could materially affect search economics and competitive positioning. Google asks US judge to defer order forcing it to share data while it appealsReuters: appeal to defer data-sharing order
• Negative Sentiment: AI training litigation — Major publishers are seeking to join a class-action suit alleging Google used copyrighted works to train AI models; potential damages, injunctions or limits on training data could raise costs and slow model development. Publishers seek to join lawsuit against Google over AI trainingReuters: publishers move to join lawsuit
• Negative Sentiment: Insider selling & operational constraints — Reports show heavy insider sales (including large Sundar Pichai stock disposals) and Alphabet warns U.S. electrical transmission bottlenecks are slowing data‑centre hookups, which could constrain capacity growth for cloud/AI workloads. Insider selling and lobbying disclosureQuiverQuant: insider sales / lobbying • Google says US transmission system is biggest challenge for connecting data centersReuters: data-center transmission constraints

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.