Alphabet Inc. $GOOGL Stock: Weaver Capital Management LLC Boosts Holdings

Weaver Capital Management LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL) by 76.8% during the third quarter, HoldingsChannel reports. The firm owned 25,183 shares of the information services provider’s stock after buying an additional 10,937 shares during the quarter. Alphabet accounts for about 1.6% of Weaver Capital Management LLC’s investment portfolio, making the stock its 16th largest holding. Weaver Capital Management LLC’s holdings in Alphabet were worth $8,665,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EMC Capital Management bought a new position in Alphabet in the 4th quarter valued at approximately $33,000. Lifetime Wealth Management P.C. acquired a new stake in Alphabet in the fourth quarter valued at approximately $32,000. Core Capital Management & Research inc. acquired a new stake in Alphabet in the second quarter valued at approximately $41,000. Premier Financial Group bought a new stake in shares of Alphabet during the second quarter worth $45,000. Finally, Graney & King LLC grew its stake in shares of Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock worth $64,000 after buying an additional 50 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. DA Davidson set a $350.00 price objective on Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Citizens Jmp reiterated a “market outperform” rating and issued a $515.00 target price on shares of Alphabet in a research report on Wednesday, July 22nd. BMO Capital Markets set a $465.00 target price on Alphabet and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Roth Capital reissued a “buy” rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, KeyCorp boosted their price target on Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $425.04.

Insider Buying and Selling at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 420,865 shares of company stock valued at $8,293,477. 11.61% of the stock is currently owned by company insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $340.59 on Friday. The company has a market capitalization of $4.17 trillion, a PE ratio of 17.11, a P/E/G ratio of 0.99 and a beta of 1.21. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $244.15 and a twelve month high of $408.61. The firm has a fifty day simple moving average of $344.26 and a 200 day simple moving average of $351.32.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.