Alphabet Inc. $GOOG Stock Holdings Lessened by Sanders Capital LLC

Sanders Capital LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.5% in the third quarter, Holdings Channel.com reports. The fund owned 27,347,980 shares of the information services provider’s stock after selling 124,959 shares during the quarter. Alphabet accounts for approximately 9.1% of Sanders Capital LLC’s portfolio, making the stock its 2nd largest position. Sanders Capital LLC’s holdings in Alphabet were worth $9,318,551,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Burke & Herbert Bank & Trust Co. raised its stake in Alphabet by 0.6% during the third quarter. Burke & Herbert Bank & Trust Co. now owns 7,225 shares of the information services provider’s stock worth $2,462,000 after acquiring an additional 46 shares in the last quarter. Joel Adams & Associates Inc. bought a new position in shares of Alphabet during the third quarter valued at $214,000. Alta Advisers Ltd boosted its stake in shares of Alphabet by 64.8% in the 3rd quarter. Alta Advisers Ltd now owns 99,524 shares of the information services provider’s stock valued at $33,912,000 after purchasing an additional 39,135 shares in the last quarter. Steele Capital Management Inc. boosted its stake in shares of Alphabet by 3.1% in the 3rd quarter. Steele Capital Management Inc. now owns 10,435 shares of the information services provider’s stock valued at $3,556,000 after purchasing an additional 312 shares in the last quarter. Finally, Legacies Wealth LLC boosted its stake in shares of Alphabet by 8.8% in the 3rd quarter. Legacies Wealth LLC now owns 4,995 shares of the information services provider’s stock valued at $1,702,000 after purchasing an additional 402 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of GOOG stock opened at $283.93 on Friday. Alphabet Inc. has a 52 week low of $271.41 and a 52 week high of $404.47. The stock has a market capitalization of $3.47 trillion, a PE ratio of 14.82, a PEG ratio of 0.86 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock’s fifty day moving average is $329.78 and its 200-day moving average is $337.01.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business’s quarterly revenue was up 24.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.87 earnings per share. Equities research analysts expect that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business 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. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GOOG shares. 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. Needham & Company LLC reissued a “buy” rating on shares of Alphabet in a report on Tuesday, October 27th. Canaccord Genuity Group set a $450.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. Finally, Wells Fargo & Company set a $365.00 price objective on shares of Alphabet in a research note on Monday, November 2nd. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $413.38.

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

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 value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have sold 247 shares of company stock valued at $79,238. Company insiders own 12.99% of the company’s stock.

About Alphabet

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.