VestGen Advisors LLC increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 67.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,823 shares of the information services provider’s stock after purchasing an additional 19,606 shares during the quarter. VestGen Advisors LLC’s holdings in Alphabet were worth $16,799,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Heritage Wealth Management Inc. CA boosted its holdings in Alphabet by 0.5% in the third quarter. Heritage Wealth Management Inc. CA now owns 6,235 shares of the information services provider’s stock worth $2,145,000 after purchasing an additional 32 shares during the period. Vantage Investment Partners LLC increased its stake in Alphabet by 39.2% during the third quarter. Vantage Investment Partners LLC now owns 64,489 shares of the information services provider’s stock valued at $22,189,000 after purchasing an additional 18,148 shares during the last quarter. Financial Insights Inc. raised its holdings in shares of Alphabet by 4.4% during the third quarter. Financial Insights Inc. now owns 4,168 shares of the information services provider’s stock worth $1,434,000 after purchasing an additional 175 shares during the period. Prism Planning Partners LLC raised its holdings in shares of Alphabet by 4.0% during the third quarter. Prism Planning Partners LLC now owns 1,796 shares of the information services provider’s stock worth $618,000 after purchasing an additional 69 shares during the period. Finally, Conning Inc. raised its holdings in shares of Alphabet by 3.1% during the third quarter. Conning Inc. now owns 38,257 shares of the information services provider’s stock worth $13,163,000 after purchasing an additional 1,134 shares during the period. 40.03% of the stock is currently owned by institutional investors.
Alphabet Price Performance
Shares of NASDAQ GOOGL opened at $282.57 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The firm has a market capitalization of $3.46 trillion, a PE ratio of 14.75, a P/E/G ratio of 0.87 and a beta of 1.23. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The business’s fifty day moving average price is $334.04 and its two-hundred day moving average price is $339.15.
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. On average, research analysts expect that Alphabet Inc. will post 19.86 EPS for the current year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
- Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
- Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
- Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
- Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on GOOGL shares. Needham & Company LLC restated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Susquehanna lowered their price objective on shares of Alphabet from $460.00 to $400.00 and set a “positive” rating for the company in a research report on Thursday, October 29th. Wells Fargo & Company dropped their price objective on shares of Alphabet from $417.00 to $371.00 and set an “overweight” rating on the stock in a research note on Friday, October 30th. Royal Bank Of Canada dropped their price objective on shares of Alphabet from $425.00 to $400.00 and set an “outperform” rating on the stock in a research note on Thursday, October 29th. Finally, Guggenheim reissued a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $412.51.
View Our Latest Analysis on Alphabet
Insiders Place Their Bets
In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. Company insiders own 11.61% of the company’s stock.
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.
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