Alphabet Inc. $GOOGL Position Boosted by American National Bank & Trust

American National Bank & Trust increased its stake in Alphabet Inc. (NASDAQ:GOOGLFree Report) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 238,472 shares of the information services provider’s stock after acquiring an additional 3,237 shares during the period. Alphabet comprises about 5.7% of American National Bank & Trust’s holdings, making the stock its largest holding. American National Bank & Trust’s holdings in Alphabet were worth $57,973,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. bought a new position in Alphabet during the 2nd quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. boosted its position in shares of Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares in the last quarter. Corsicana & Co. purchased a new stake in Alphabet in the third quarter worth $54,000. Vermillion & White Wealth Management Group LLC lifted its position in Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares during the period. Finally, Christopher J. Hasenberg Inc boosted its holdings in shares of Alphabet by 77.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after buying an additional 152 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent research reports. China Renaissance upped their price objective on shares of Alphabet from $207.00 to $330.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Stifel Nicolaus set a $333.00 target price on shares of Alphabet in a report on Thursday, October 30th. Susquehanna increased their price target on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a report on Thursday, October 30th. Piper Sandler reissued an “overweight” rating and issued a $365.00 target price (up previously from $330.00) on shares of Alphabet in a report on Thursday, December 11th. Finally, DA Davidson restated a “neutral” rating and issued a $300.00 price target on shares of Alphabet in a research note on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $324.77.

Read Our Latest Research Report on Alphabet

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider owned 42,972 shares of the company’s stock, valued at $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the completion of the transaction, the director owned 3,916 shares of the company’s stock, valued at approximately $1,206,872.04. The trade was a 13.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 224,587 shares of company stock worth $66,549,284 in the last ninety days. Corporate insiders own 11.55% of the company’s stock.

Alphabet Stock Up 1.0%

Shares of GOOGL stock opened at $331.86 on Tuesday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $334.04. The company has a 50 day simple moving average of $307.15 and a two-hundred day simple moving average of $250.98. The stock has a market cap of $4.00 trillion, a P/E ratio of 32.73, a P/E/G ratio of 1.81 and a beta of 1.08. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGLGet Free Report) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. On average, research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is 8.28%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Apple announced a multi‑year deal to base its next generation of Apple Foundation Models (including a revamped Siri) on Google’s Gemini models and cloud — a large, visible commercial win for Alphabet’s AI platform that expands Gemini’s reach into iPhone ecosystems and could drive cloud and model-revenue upside. Google and Apple enter into multi-year AI deal for Gemini models
  • Positive Sentiment: Market reaction to Alphabet’s AI progress and commercial wins lifted the stock to a record and pushed the company’s market capitalization above $4 trillion — a signaling event that amplifies institutional interest and momentum chasing. Alphabet Becomes Newest $4 Trillion Company, Joining Nvidia and Apple
  • Positive Sentiment: Google is expanding Gemini’s commercial footprint in retail (Walmart, Shopify, Wayfair partnerships, Universal Commerce Protocol), which supports growth of agent‑led commerce and monetization opportunities for Gemini and Google Cloud. These deals reinforce the narrative of Gemini as a platform with multiple monetization paths. Google bolsters bet on AI-powered commerce with new platform for shopping agents
  • Neutral Sentiment: Reported short‑interest data for January shows effectively zero days of short interest in the recent snapshot — the entry is noisy and adds little immediate informational value for price direction. Investors should treat this as non‑consequential until clearer short‑interest reporting emerges. Market data snapshot
  • Negative Sentiment: High‑profile criticism from rivals can add headline volatility: Elon Musk publicly called the Apple‑Google deal an “unreasonable concentration of power,” which may draw regulatory scrutiny or negative sentiment among some investors — though such comments don’t change the underlying commercial implications immediately. Elon Musk Slams Google, Apple Deal: ‘Unreasonable Concentration Of Power’

About Alphabet

(Free Report)

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

Featured Articles

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGLFree Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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.