Alphabet Inc. $GOOGL Stock Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,109,272 shares of the information services provider’s stock after selling 13,200 shares during the quarter. Alphabet makes up 2.3% of VIRGINIA RETIREMENT SYSTEMS ET Al’s portfolio, making the stock its 5th largest position. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Alphabet were worth $381,678,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Titleist Asset Management LLC grew its holdings in Alphabet by 6.4% during the 3rd quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock worth $11,909,000 after acquiring an additional 2,096 shares in the last quarter. PFG Investments LLC increased its position in shares of Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock worth $25,679,000 after purchasing an additional 2,269 shares during the last quarter. Elefante Mark B increased its position in shares of Alphabet by 4.5% in the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock worth $15,629,000 after purchasing an additional 1,897 shares during the last quarter. Nwam LLC increased its position in shares of Alphabet by 19.6% in the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock worth $14,127,000 after purchasing an additional 8,055 shares during the last quarter. Finally, WCM Investment Management LLC raised its stake in shares of Alphabet by 287.4% in the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock valued at $1,063,000 after purchasing an additional 2,883 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Up 0.8%

Shares of NASDAQ:GOOGL opened at $284.78 on Friday. The stock has a market capitalization of $3.48 trillion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 0.86 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 company’s fifty day moving average is $332.93 and its two-hundred day moving average is $338.97. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. Equities analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a dividend of $0.22 per share. 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 is 4.59%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. DA Davidson reduced their price target on shares of Alphabet from $350.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $325.00 price target (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Morgan Stanley reissued an “overweight” rating and issued a $375.00 price objective (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Guggenheim restated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and a consensus price target of $412.51.

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 value of $28,257.35. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 247 shares of company stock valued at $79,238 over the last quarter. Company insiders own 11.61% of the company’s stock.

About Alphabet

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.