Douglas Lane & Associates LLC Has $212.12 Million Stock Holdings in Alphabet Inc. $GOOG

Douglas Lane & Associates LLC decreased its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 870,937 shares of the information services provider’s stock after selling 14,591 shares during the quarter. Alphabet accounts for approximately 3.0% of Douglas Lane & Associates LLC’s holdings, making the stock its 2nd biggest holding. Douglas Lane & Associates LLC’s holdings in Alphabet were worth $212,117,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Red Door Wealth Management LLC grew its stake in shares of Alphabet by 2.1% in the 3rd quarter. Red Door Wealth Management LLC now owns 119,901 shares of the information services provider’s stock valued at $29,202,000 after purchasing an additional 2,454 shares during the period. Pathway Financial Advisors LLC bought a new stake in Alphabet in the third quarter valued at $255,000. Natural Investments LLC raised its stake in Alphabet by 351.4% during the third quarter. Natural Investments LLC now owns 45,629 shares of the information services provider’s stock worth $11,096,000 after acquiring an additional 35,520 shares in the last quarter. Corsicana & Co. bought a new position in shares of Alphabet during the third quarter valued at $854,000. Finally, Flputnam Investment Management Co. lifted its holdings in shares of Alphabet by 67.2% during the third quarter. Flputnam Investment Management Co. now owns 260,083 shares of the information services provider’s stock valued at $63,343,000 after acquiring an additional 104,517 shares during the period. 27.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on GOOG shares. Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. DA Davidson set a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Jefferies Financial Group lifted their target price on shares of Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Robert W. Baird increased their price target on Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a research report on Monday, September 22nd. Finally, BNP Paribas began coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating for the company. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $313.04.

Alphabet Price Performance

Shares of GOOG opened at $311.33 on Tuesday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market cap of $3.76 trillion, a P/E ratio of 30.70, a price-to-earnings-growth ratio of 1.78 and a beta of 1.07. The stock’s 50-day moving average price is $291.16 and its two-hundred day moving average price is $236.49. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $328.67.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. During the same quarter last year, the business posted $2.12 EPS. The firm’s revenue was up 15.9% compared to the same quarter last year. On average, equities analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect, a data‑center and clean‑energy developer, for $4.75 billion to lock in power and accelerate AI data‑center builds — a strategic move to remove an energy bottleneck for cloud/AI growth. Alphabet to buy Intersect
• Positive Sentiment: Wedbush raised its price target on Alphabet to $350 (from $320) and kept an Outperform rating — a clear signal that some sell‑side analysts are valuing Alphabet higher amid its AI/infra push. Wedbush Raises PT
• Positive Sentiment: Market commentary highlights Gemini 3’s impact on the AI landscape in 2025 (product momentum that supports Cloud and search monetization expectations). Strong product momentum helps justify higher growth assumptions. Gemini 3 market reaction
• Positive Sentiment: Analyst bullishness on Google Cloud and enterprise AI adoption (BMO and others recently raised outlooks), reinforcing expectations for higher recurring revenue from cloud/AI services. BMO Boosts Outlook
• Neutral Sentiment: Waymo briefly paused and then resumed San Francisco service after a citywide power outage — a short‑term operational disruption that is unlikely to change long‑term expectations for Waymo’s valuation but draws attention to grid resilience issues relevant to autonomous fleets. Waymo resumes service
• Negative Sentiment: The New York Times reporter filed a lawsuit alleging major AI developers (including Google) used copyrighted books without permission to train chatbots — a legal risk that could create future liabilities, injunctions, or force changes to training practices. NYT reporter sues Google and others

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Monday, December 1st. The shares were sold at an average price of $317.66, for a total value of $32,401.32. Following the sale, the director directly owned 18,104 shares in the company, valued at approximately $5,750,916.64. The trade was a 0.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $299.80, for a total value of $9,743,500.00. Following the completion of the sale, the chief executive officer directly owned 2,239,619 shares in the company, valued at approximately $671,437,776.20. This represents a 1.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 228,906 shares of company stock valued at $63,984,117 over the last ninety days. 12.99% of the stock is currently owned by company insiders.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.