Alphabet Inc. $GOOGL Position Cut by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 6.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 33,758 shares of the information services provider’s stock after selling 2,189 shares during the period. Alphabet accounts for 1.0% of Hanson & Doremus Investment Management’s portfolio, making the stock its 18th biggest holding. Hanson & Doremus Investment Management’s holdings in Alphabet were worth $8,207,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Financial Gravity Companies Inc. bought a new stake in shares of Alphabet during the second quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. increased its position in Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares during the period. Corsicana & Co. bought a new stake in Alphabet during the 3rd quarter valued at $54,000. Vermillion & White Wealth Management Group LLC raised its stake in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 89 shares in the last quarter. Finally, Christopher J. Hasenberg Inc boosted its position in Alphabet by 77.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock worth $61,000 after acquiring an additional 152 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: MarketBeat names Alphabet the most-upgraded stock of 2025 with analysts projecting at least ~20% upside (some targets to $385). The upgrades cite Gemini 3 adoption, Google Cloud strength and proprietary chip-driven monetization as the core catalysts. The 5 Most Upgraded Stocks from 2025
• Positive Sentiment: Analyst and market commentary points to a “validation flywheel” for Gemini: rising user traction and partner integrations are accelerating monetization expectations for ads, Workspace and Cloud AI services. That momentum is a near-term earnings and multiple expansion catalyst. Alphabet: Validation Flywheel Accelerating For Gemini
• Positive Sentiment: Alphabet completed a strategic renewable-energy acquisition (Intersect) for $4.75B to secure power for its data centers — reducing long-term energy risk/costs for AI infrastructure and supporting cloud/data-center expansion plans. Google buys renewable energy project developer Intersect
• Neutral Sentiment: Coverage pieces note Alphabet’s broader role as a hyperscaler consuming huge power for AI, highlighting infrastructure and energy demand as both a cost and a growth enabler — informative for capital expenditure and margin modeling. 2 Under-the-Radar Energy Stocks to Watch
• Neutral Sentiment: Product updates (e.g., new Gmail handle option) and positive media commentary (Jim Cramer, other outlets) keep the narrative of user growth and engagement positive but are unlikely to move fundamentals materially on their own. Alphabet gives users new Gmail handle option
• Negative Sentiment: Report says the DOJ is probing Alphabet (and others) over DEI policies under a fraud-law angle — any escalation could introduce regulatory/legal risk and headline volatility even if the business impact is unclear today. Trump’s Justice Department probes Google
• Negative Sentiment: Analysts and commentators are also scrutinizing heavy AI-related capex across the hyperscalers — sustained high spending could pressure near-term free cash flow and margins if revenue/margin conversion lags expectations. Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $313.51 on Tuesday. The stock has a market capitalization of $3.78 trillion, a price-to-earnings ratio of 30.92, a PEG ratio of 1.80 and a beta of 1.07. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $328.83. 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 company has a 50 day moving average price of $296.73 and a 200 day moving average price of $240.58.

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, beating 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 company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. On average, research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced 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. 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%.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $250.05, for a total value of $694,638.90. Following the transaction, the chief accounting officer owned 14,516 shares of the company’s stock, valued at approximately $3,629,725.80. This trade represents a 16.06% decrease in their position. 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 company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 208,209 shares of company stock valued at $58,750,254 in the last quarter. 11.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GOOGL shares. Tigress Financial lifted their price objective on shares of Alphabet from $240.00 to $280.00 and gave the company a “strong-buy” rating in a research note on Friday, September 5th. Arete Research boosted their price target on shares of Alphabet from $300.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. KeyCorp reiterated an “overweight” rating and issued a $300.00 price objective (up from $265.00) on shares of Alphabet in a report on Monday, October 27th. Jefferies Financial Group raised their price objective on shares of Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Daiwa Capital Markets boosted their target price on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Four analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $315.90.

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.