Alphabet Inc. $GOOGL is Teacher Retirement System of Texas’ 8th Largest Position

Teacher Retirement System of Texas decreased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 30.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,682,252 shares of the information services provider’s stock after selling 744,653 shares during the period. Alphabet makes up 1.6% of Teacher Retirement System of Texas’ investment portfolio, making the stock its 8th largest holding. Teacher Retirement System of Texas’ holdings in Alphabet were worth $408,955,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Alphabet during the second quarter worth about $21,944,208,000. Laurel Wealth Advisors LLC raised its position in shares of Alphabet by 17,667.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock worth $2,686,640,000 after purchasing an additional 15,159,273 shares during the last quarter. Franklin Resources Inc. lifted its stake in 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 buying an additional 10,843,853 shares in the last quarter. Vanguard Group Inc. grew its holdings in Alphabet by 1.3% during 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 buying an additional 6,733,278 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Alphabet by 201.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock valued at $1,153,824,000 after acquiring 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 Buying and Selling

In other news, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total value of $10,637,250.00. Following the sale, the chief executive officer owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. The trade was a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,035,186 shares of company stock valued at $94,458,941. 11.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GOOGL shares. New Street Research lifted their price target on shares of Alphabet from $275.00 to $295.00 in a report on Friday, October 24th. Citic Securities raised their price objective on Alphabet from $230.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Citizens Jmp reiterated a “market outperform” rating and issued a $385.00 target price on shares of Alphabet in a research note on Thursday. Barclays restated an “overweight” rating and issued a $360.00 price target (up previously from $315.00) on shares of Alphabet in a report on Thursday. Finally, KeyCorp set a $370.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Four 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $354.86.

Alphabet Trading Down 0.5%

NASDAQ GOOGL opened at $331.25 on Friday. The firm has a market capitalization of $4.00 trillion, a price-to-earnings ratio of 30.64, a PEG ratio of 2.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The company’s 50 day moving average price is $321.54 and its 200 day moving average price is $269.25.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 36.21%. On average, sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be 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 is Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and milestone revenue — Alphabet reported EPS of $2.82 and $113.8B revenue, topped estimates, pushed full‑year revenue past $400B, and Google Cloud grew ~48% (strong fundamentals supporting long‑term growth). Alphabet Crushes Earnings Again, Reports 48% Cloud Revenue Growth
• Positive Sentiment: Heavy analyst optimism — Multiple firms raised price targets and reiterated buy/outperform calls after the quarter (JPMorgan, Deutsche, RBC, Mizuho, Needham, etc.), signaling continued institutional confidence. Analyst Price Target Coverage
• Positive Sentiment: AI traction and partner demand — Gemini MAUs and API token volumes, plus a surging cloud backlog ($240B), validate the company’s AI roadmap and create durable enterprise demand that should support revenue and monetization over time. Earnings Report Summary
• Neutral Sentiment: Dividend announced — Alphabet set a quarterly dividend of $0.21/share (small yield ~0.3%); a signal of capital return but not material to valuation. Dividend Announcement
• Neutral Sentiment: Marketing push for AI products — Google and peers are paying big to creators to promote AI offerings; helps awareness but short‑term ROI is uncertain. Google and Microsoft offer lucrative deals to promote AI
• Neutral Sentiment: Filing wording flagged by Michael Burry — A noted investor flagged language changes in Alphabet filings; impact is unclear and likely more headline than fundamental at this point. Michael Burry flags wording …
• Negative Sentiment: Massive 2026 capex spooked investors — Alphabet guided $175–$185B capex for 2026 (near‑doubling), which triggered a sharp post‑earnings selloff as markets fret about near‑term cash use and margin impacts despite long‑term strategic rationale. Alphabet forecasts sharp surge in 2026 capex
• Negative Sentiment: Insider selling — Reports of insider sales have added to near‑term selling pressure and investor caution. Shares Down After Insider Selling

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.