Alphabet Inc. $GOOGL Stock Holdings Lowered by CX Institutional

CX Institutional cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 9.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 139,990 shares of the information services provider’s stock after selling 14,405 shares during the period. Alphabet makes up approximately 1.0% of CX Institutional’s holdings, making the stock its 23rd biggest position. CX Institutional’s holdings in Alphabet were worth $34,032,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Alphabet in the 2nd quarter worth $21,944,208,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Alphabet by 17,667.7% during the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after purchasing an additional 15,159,273 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after purchasing an additional 10,843,853 shares during the period. Vanguard Group Inc. boosted its position in shares of Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Alphabet by 201.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after purchasing an additional 4,374,542 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Trading Down 0.8%

NASDAQ GOOGL opened at $330.00 on Monday. 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 $140.53 and a 1-year high of $340.49. The firm’s fifty day simple moving average is $311.33 and its 200-day simple moving average is $255.38. The company has a market capitalization of $3.98 trillion, a PE ratio of 32.54, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $99.90 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 8.9 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 $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 8.28%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on GOOGL. UBS Group reaffirmed a “neutral” rating and set a $306.00 price objective (up from $255.00) on shares of Alphabet in a research note on Thursday, October 30th. Wolfe Research set a $380.00 price target on shares of Alphabet and gave the company an “outperform” rating in a research report on Monday, January 5th. CIBC raised their price objective on shares of Alphabet to $315.00 in a research note on Monday, October 20th. Sanford C. Bernstein boosted their target price on shares of Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research note on Thursday, October 30th. Finally, CICC Research increased their target price on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Three analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $326.31.

Key Stories Impacting Alphabet

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.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value 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. The trade was a 29.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 189,909 shares of company stock valued at $57,927,282. 11.64% of the stock is currently owned by corporate insiders.

About Alphabet

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.