Alphabet Inc. $GOOGL is Adams Diversified Equity Fund Inc.’s 4th Largest Position

Adams Diversified Equity Fund Inc. decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 533,000 shares of the information services provider’s stock after selling 7,500 shares during the period. Alphabet makes up approximately 4.4% of Adams Diversified Equity Fund Inc.’s investment portfolio, making the stock its 4th biggest position. Adams Diversified Equity Fund Inc.’s holdings in Alphabet were worth $129,572,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in GOOGL. Capital & Planning LLC increased its stake in shares of Alphabet by 2.1% during the third quarter. Capital & Planning LLC now owns 2,419 shares of the information services provider’s stock valued at $588,000 after buying an additional 50 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of Alphabet by 4.7% in the 3rd quarter. McIlrath & Eck LLC now owns 10,172 shares of the information services provider’s stock valued at $2,473,000 after buying an additional 459 shares during the period. Gunderson Capital Management Inc. acquired a new stake in Alphabet during the third quarter valued at $8,900,000. Barry Investment Advisors LLC lifted its holdings in Alphabet by 30.1% during the third quarter. Barry Investment Advisors LLC now owns 2,145 shares of the information services provider’s stock valued at $521,000 after purchasing an additional 496 shares in the last quarter. Finally, NDVR Inc. raised its position in shares of Alphabet by 13.2% in the third quarter. NDVR Inc. now owns 4,091 shares of the information services provider’s stock valued at $995,000 after buying an additional 477 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares in the company, valued at $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was 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 directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 189,909 shares of company stock valued at $57,927,282. Corporate insiders own 11.64% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

Alphabet Trading Down 0.8%

Alphabet stock opened at $330.00 on Friday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $340.49. 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 capitalization of $3.98 trillion, a price-to-earnings ratio of 32.54, a P/E/G ratio of 1.82 and a beta of 1.08. The company has a 50 day moving average price of $311.33 and a 200 day moving average price of $254.85.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a dividend of $0.21 per share. 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 currently 8.28%.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of recent research reports. HSBC boosted their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Barclays reissued an “overweight” rating and set a $315.00 price target (up from $250.00) on shares of Alphabet in a research report on Thursday, October 30th. President Capital lifted their target price on Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Canaccord Genuity Group set a $390.00 price objective on Alphabet and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Finally, Robert W. Baird raised their target price on shares of Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, September 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $326.31.

Alphabet Company 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.