Norden Group LLC Acquires 6,022 Shares of Alphabet Inc. $GOOGL

Norden Group LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 10.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 62,260 shares of the information services provider’s stock after acquiring an additional 6,022 shares during the period. Alphabet makes up about 1.5% of Norden Group LLC’s holdings, making the stock its 8th largest holding. Norden Group LLC’s holdings in Alphabet were worth $15,136,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Alphabet by 1.3% during 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. State Street Corp lifted its position in Alphabet by 1.8% in the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after buying an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC boosted its stake in Alphabet by 3.1% during the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after buying an additional 4,224,497 shares during the period. Norges Bank acquired a new stake in shares of Alphabet during the second quarter valued at about $21,944,208,000. Finally, Invesco Ltd. increased its position in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after acquiring an additional 503,306 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on GOOGL shares. Rosenblatt Securities increased their price objective on shares of Alphabet from $224.00 to $279.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Loop Capital upgraded Alphabet from a “hold” rating to a “buy” rating and upped their price target for the stock from $260.00 to $320.00 in a research note on Tuesday, November 18th. New Street Research raised their price target on Alphabet from $275.00 to $295.00 in a research report on Friday, October 24th. President Capital lifted their price objective on Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Sanford C. Bernstein boosted their price objective on Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $315.90.

Alphabet Stock Up 0.1%

Shares of NASDAQ GOOGL opened at $313.85 on Wednesday. The stock has a market cap of $3.79 trillion, a P/E ratio of 30.95, a PEG ratio of 1.80 and a beta of 1.07. The business’s fifty day simple moving average is $298.00 and its 200-day simple moving average is $241.56. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $328.83. 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 (NASDAQ:GOOGL) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping 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 firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. As a group, equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: Analysts and commentators point to a renewed AI-led growth story (Gemini adoption, model upgrades) that strengthens search economics and monetization pathways. This narrative is driving investor enthusiasm. Google’s AI Renaissance (Growth Story is Far from Over)
• Positive Sentiment: Cloud strength and fundamentals: Google Cloud reported >30% growth in recent commentary and continues to accelerate, supporting revenue diversification beyond ads. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026
• Positive Sentiment: Analyst upgrades / momentum: MarketBeat and others flagged Alphabet as one of the most-upgraded names with mean price-target upside (~20% at some bulls), which tends to draw flows and support the stock. The 5 Most Upgraded Stocks from 2025
• Neutral Sentiment: Valuation / positioning narrative: Coverage notes Alphabet has outperformed peers in 2025 and is being re-priced as an AI/cloud play; some see recent dips as buying opportunities while others warn upside may be partially priced in. Alphabet Stock is Starting to Get Cheap Again After Dipping in December
• Neutral Sentiment: Infrastructure/energy considerations: Reports highlight Alphabet’s growing data‑center power needs and recent moves to secure renewable energy and projects—important operationally but longer‑dated for direct EPS impact. Google buys renewable energy project developer Intersect
• Negative Sentiment: High AI CapEx scrutiny: Several pieces warn hyperscaler spending on AI infrastructure is large and could pressure free cash flow and margins in the near term, a risk investors are watching. Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?
• Negative Sentiment: Regulatory/legal noise: Reports about DOJ probes and other policy scrutiny add an element of regulatory risk that can weigh on sentiment if escalated. Trump’s Justice Department probes Google

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer directly owned 2,239,619 shares of the company’s stock, valued at approximately $671,437,776.20. This represents a 1.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the sale, the director directly owned 3,916 shares of the company’s stock, valued at approximately $1,206,872.04. This trade represents a 13.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 192,585 shares of company stock valued at $56,223,739. 11.55% of the stock is owned by corporate insiders.

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.