Alphabet Inc. $GOOG Holdings Cut by Kelleher Financial Advisors

Kelleher Financial Advisors cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 43.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,379 shares of the information services provider’s stock after selling 40,466 shares during the period. Alphabet makes up 4.7% of Kelleher Financial Advisors’ investment portfolio, making the stock its 6th biggest holding. Kelleher Financial Advisors’ holdings in Alphabet were worth $17,848,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Readystate Asset Management LP acquired a new position in Alphabet in the 2nd quarter valued at $45,352,000. Arrowstreet Capital Limited Partnership raised its position in Alphabet by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider’s stock worth $4,182,952,000 after acquiring an additional 6,300,900 shares in the last quarter. State Street Corp lifted its stake in shares of Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares during the period. BlackRock Inc. lifted its position in shares of Alphabet by 1.4% during the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after acquiring an additional 5,164,200 shares during the period. Finally, Amundi boosted its stake in shares of Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after acquiring an additional 4,083,758 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of NASDAQ GOOG traded up $2.19 during trading on Friday, reaching $283.93. The company had a trading volume of 24,574,811 shares, compared to its average volume of 22,294,856. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The stock has a market capitalization of $3.47 trillion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21. The stock has a 50-day moving average price of $329.78 and a two-hundred day moving average price of $337.01. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm’s revenue was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.87 earnings per share. As a group, sell-side analysts predict that Alphabet Inc. will post 19.80 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio is 4.59%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating and dropped their price objective for the company from $450.00 to $425.00 in a research note on Monday, July 27th. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a report on Thursday, July 23rd. KeyCorp reiterated an “overweight” rating and set a $385.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Bank of America reissued a “buy” rating on shares of Alphabet in a report on Thursday, October 29th. Finally, Tigress Financial raised their price target on Alphabet from $415.00 to $485.00 and gave the company a “strong-buy” rating in a research report on Friday, September 18th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $413.38.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’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 sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.