Attestor Capital Ltd purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 84,150 shares of the information services provider’s stock, valued at approximately $28,673,000. Alphabet comprises 4.7% of Attestor Capital Ltd’s holdings, making the stock its 5th biggest holding.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in GOOG. Providence Wealth Advisors LLC grew its stake in Alphabet by 0.3% in the 1st quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock valued at $3,094,000 after buying an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC grew its stake in shares of Alphabet by 0.6% in the first quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock worth $1,390,000 after acquiring an additional 29 shares in the last quarter. Wisconsin Wealth Advisors LLC grew its holdings in Alphabet by 1.3% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock valued at $785,000 after buying an additional 29 shares during the last quarter. Cypress Financial Planning LLC raised its position in shares of Alphabet by 1.3% during the 3rd quarter. Cypress Financial Planning LLC now owns 2,198 shares of the information services provider’s stock worth $749,000 after purchasing an additional 29 shares during the period. Finally, Johnson Wealth Management LLC raised its holdings in shares of Alphabet by 1.7% during the 2nd quarter. Johnson Wealth Management LLC now owns 1,842 shares of the information services provider’s stock valued at $651,000 after purchasing an additional 30 shares in the last quarter. 27.26% of the stock is owned by institutional investors.
Alphabet Trading Up 0.8%
Shares of GOOG stock opened at $283.93 on Friday. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47. The stock has a market capitalization of $3.47 trillion, a PE ratio of 14.82, a P/E/G ratio of 0.84 and a beta of 1.21. 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 business has a 50-day moving average of $329.78 and a 200 day moving average of $337.01.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.87 EPS. As a group, sell-side analysts anticipate that Alphabet Inc. will post 19.80 earnings per share for the current year.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.
Analyst Ratings Changes
Several analysts recently commented on the company. Moffett Nathanson reduced their target price on Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, September 16th. Wedbush assumed coverage on shares of Alphabet in a research note on Thursday, July 16th. They set an “outperform” rating and a $445.00 price objective for the company. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $350.00 target price on shares of Alphabet in a report on Thursday, October 29th. Truist Financial set a $410.00 price target on Alphabet in a report on Thursday, October 29th. Finally, Citic Securities raised their price objective on shares of Alphabet from $430.00 to $434.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Six equities research 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 issued a Sell rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $413.38.
View Our Latest Stock Report on Alphabet
Insider Buying and Selling at Alphabet
In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director 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 sale was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders sold 247 shares of company stock worth $79,238. Insiders own 12.99% of the company’s stock.
Alphabet News Summary
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
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.
Further Reading
- Five stocks we like better than Alphabet
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
