Eastern Bank Has $16.36 Million Stock Position in Alphabet Inc. $GOOG

Eastern Bank lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 67,183 shares of the information services provider’s stock after selling 1,663 shares during the quarter. Eastern Bank’s holdings in Alphabet were worth $16,362,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. WealthPLAN Partners LLC boosted its position in Alphabet by 1.9% during the 3rd quarter. WealthPLAN Partners LLC now owns 30,357 shares of the information services provider’s stock worth $7,394,000 after buying an additional 562 shares during the period. Plan Group Financial LLC acquired a new position in Alphabet in the 3rd quarter valued at approximately $235,000. Obermeyer Wealth Partners raised its stake in shares of Alphabet by 0.9% during the third quarter. Obermeyer Wealth Partners now owns 402,434 shares of the information services provider’s stock valued at $98,013,000 after acquiring an additional 3,751 shares during the last quarter. Kera Capital Partners Inc. lifted its holdings in shares of Alphabet by 12.0% during the third quarter. Kera Capital Partners Inc. now owns 36,058 shares of the information services provider’s stock worth $8,782,000 after purchasing an additional 3,849 shares during the period. Finally, GWN Securities Inc. grew its stake in shares of Alphabet by 3.7% in the third quarter. GWN Securities Inc. now owns 8,528 shares of the information services provider’s stock worth $2,079,000 after purchasing an additional 304 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet Trading Down 2.5%

Shares of GOOG stock opened at $322.16 on Wednesday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20. 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 stock has a 50 day simple moving average of $313.45 and a two-hundred day simple moving average of $258.16. The company has a market cap of $3.89 trillion, a P/E ratio of 31.77, a PEG ratio of 1.82 and a beta of 1.09.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. During the same quarter last year, the firm posted $2.12 EPS. The company’s quarterly revenue was up 15.9% on a year-over-year basis. Research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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 was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is currently 8.28%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong commercial traction for Gemini AI — reports show a surge in sales of Gemini models, supporting Alphabet’s AI revenue thesis and cloud monetization outlook. Google Sees Surge in Sales of Gemini AI Models
• Positive Sentiment: Usage growth: Gemini API calls have more than doubled in recent months, indicating rising developer and enterprise adoption that should help drive ad and cloud revenue over time. Gemini Usage Explodes as API Calls More than Double in Five Months
• Positive Sentiment: Wall Street bullishness: several analysts raised targets this week (examples: UBS $345, RBC to $375, BofA $370), reinforcing upside expectations tied to AI advertising and cloud momentum. New Analyst Forecast: $GOOGL Given $345 Price Target RBC Raises Alphabet (GOOGL) Target on AI Advertising Momentum
• Neutral Sentiment: Macro/sector moves: Goldman and other banks are broadly boosting tech price targets, a tailwind for sentiment but not an immediate catalyst for price action. Goldman Sachs Raising Price Targets 10%+ on Tech and Financial Blue Chip Giants
• Neutral Sentiment: Positive longer-term narrative: multiple pieces highlight strong Q4 results, a large AI-driven cloud backlog and historical shareholder returns, supporting a constructive medium-term case. Investors’ Confidence Boosted Alphabet (GOOG) in Q4
• Negative Sentiment: Macro/headline risk: President Trump’s tariff rhetoric (Greenland) and EU tariff talk spurred a tech-led selloff that pressured GOOG alongside peers — a short-term headwind unrelated to fundamentals. NVDA, GOOGL, AMZN: Trump’s Greenland Gambit Rattles Big Tech as EU Weighs Salvo
• Negative Sentiment: Outperformance fade / profit-taking: coverage noted Alphabet fell more than the broader market today, reflecting profit-taking after strong 2025 gains. Here’s Why Alphabet Inc. (GOOG) Fell More Than Broader Market
• Negative Sentiment: Isomorphic Labs delay: Google-backed drug-discovery unit pushed its first clinical trials to late 2026, trimming a speculative long-term upside driver. Google-backed AI drug discovery startup Isomorphic Labs delays clinical trial timeline
• Negative Sentiment: Insider selling highlighted by data services (large recent insider disposals) can amplify short-term caution among some investors. New Analyst Forecast: $GOOGL Given $345 Price Target (insider data)

Insider Transactions 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 completion of the sale, the chief accounting officer directly owned 11,739 shares in the company, valued at $3,383,884.14. This trade represents a 19.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 192,687 shares of company stock valued at $58,728,068 in the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. BNP Paribas started coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating for the company. Bank of America raised their price objective on Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. DA Davidson set a $300.00 price objective on Alphabet in a research note on Tuesday, November 25th. Mizuho set a $325.00 target price on Alphabet in a report on Thursday, October 30th. Finally, BMO Capital Markets restated an “outperform” rating and set a $340.00 price target on shares of Alphabet in a report on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $321.97.

Alphabet 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.