Alphabet Inc. $GOOGL Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 410,221 shares of the information services provider’s stock after selling 12,378 shares during the period. Alphabet makes up approximately 3.0% of Heritage Investors Management Corp’s investment portfolio, making the stock its 5th largest position. Heritage Investors Management Corp’s holdings in Alphabet were worth $99,725,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GOOGL. Norges Bank purchased a new position in shares of Alphabet during the 2nd quarter valued at $21,944,208,000. Laurel Wealth Advisors LLC grew its stake in Alphabet by 17,667.7% in 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 in the last quarter. Franklin Resources Inc. grew its stake in Alphabet by 51.7% in the second 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 in the last quarter. Vanguard Group Inc. increased its position in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Alphabet by 201.3% during 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 and hedge funds.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s 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 sale, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,032,408 shares of company stock worth $94,926,707. 11.55% of the stock is owned by company insiders.

Alphabet Stock Performance

GOOGL opened at $302.02 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average price is $320.73 and its two-hundred day moving average price is $277.10. The firm has a market capitalization of $3.65 trillion, a P/E ratio of 27.94, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. On average, equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud momentum: reported/covered Cloud revenue growth (surge ~48% Y/Y) that underpins upside in enterprise AI demand and improves near-term monetization outlook. Google (GOOGL) Cloud Revenue Just Surged 48%
• Positive Sentiment: Product roadmap / AI hardware: Google I/O set for May 19–20, with expectations of a 2026 launch for Google’s first smart AI glasses — a potential new consumer product cycle and headline AI device. Google announces I/O developer conference where AI glasses could be rolled out
• Positive Sentiment: Strategic partnership and infrastructure demand: India’s Adani Group plans a large investment in AI data centers alongside Google and Microsoft — signals increased hyperscaler demand and cloud expansion in a major market. India’s Adani Group To Invest $100 Billion In AI Data Centers
• Positive Sentiment: Big investor confidence signal: Berkshire Hathaway’s Q4 filing kept its Alphabet stake steady while trimming Amazon — a high-profile vote of confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Positive Sentiment: Green-energy support for operations: Ormat signed a long-term geothermal PPA to supply Google in Nevada — reduces energy / ESG risk for data center operations. Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada
• Neutral Sentiment: Waymo regulatory/oversight: Waymo defended its use of remote-assistance staff to Congress and said they haven’t been used to drive robotaxis on public roads — reduces some regulatory uncertainty but keeps oversight visible. Waymo defends use of remote assistance workers in robotaxi operations
• Negative Sentiment: High-profile stake reduction: Terry Smith (Fundsmith) reportedly sold about half his Alphabet holding — a headline that can add selling pressure or signal rotation among institutional holders. The ‘English Warren Buffett’ Just Dumped Half His Alphabet Stake
• Negative Sentiment: Regulatory/geopolitical risk in India: New talks of age-based social media restrictions in India could reduce engagement/ads across platforms, representing a regional regulatory risk for ad revenue. India discussing age-based restrictions with social media firms, top minister says
• Negative Sentiment: CapEx & tech-rotation pressure: Analysts and coverage note that Alphabet’s elevated 2026 CapEx plan to scale AI compute (reported guidance cited previously) has contributed to a short-term pullback amid broader megacap profit-taking. Alphabet’s Pullback: A Second Chance for Long-Term Investors?

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. HSBC boosted their price target on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Bank of America increased 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, January 13th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Citigroup upped their price objective on shares of Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Canaccord Genuity Group set a $415.00 target price on Alphabet in a report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $363.10.

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.