Ethos Financial Group LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 16.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,317 shares of the information services provider’s stock after acquiring an additional 7,147 shares during the quarter. Alphabet makes up 1.0% of Ethos Financial Group LLC’s investment portfolio, making the stock its 24th largest position. Ethos Financial Group LLC’s holdings in Alphabet were worth $12,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. Vanguard Group Inc. increased its stake in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after buying an additional 5,182,111 shares during the period. State Street Corp grew its holdings in Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its position in shares of Alphabet by 580,897.4% in the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock valued at $23,963,208,000 after acquiring an additional 135,064,454 shares during the period. Geode Capital Management LLC increased its position in shares of Alphabet by 0.4% in the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after acquiring an additional 441,177 shares during the period. Finally, Sanders Capital LLC raised its stake in shares of Alphabet by 6.4% during the second quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after acquiring an additional 2,117,990 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.
Alphabet Trading Up 1.1%
GOOG opened at $336.43 on Wednesday. The stock has a market cap of $4.06 trillion, a PE ratio of 33.18, a PEG ratio of 1.84 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average of $309.04 and a 200-day moving average of $252.82. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $341.20.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the company. Sanford C. Bernstein boosted their price target on Alphabet from $260.00 to $305.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Canaccord Genuity Group lifted their price objective on Alphabet from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Scotiabank reissued an “outperform” rating and set a $375.00 target price (up from $336.00) on shares of Alphabet in a research note on Friday. Robert W. Baird raised their price target on Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, September 22nd. Finally, Mizuho set a $325.00 price target on shares of Alphabet in a report on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $318.36.
Insider Transactions at Alphabet
In related news, Director Frances Arnold sold 102 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $313.45, for a total value of $31,971.90. Following the sale, the director owned 18,205 shares in the company, valued at $5,706,357.25. This represents a 0.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value 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 position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 192,087 shares of company stock worth $58,525,556. Company insiders own 12.99% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Apple chose Google’s Gemini to power next‑generation Siri, creating a multi‑year licensing relationship that provides Google a large, high‑margin cloud customer and distribution into ~2bn Apple devices—an immediate revenue and strategic moat boost. Google and Apple enter into multi-year AI deal for Gemini models
- Positive Sentiment: Market optimism around AI and stronger cloud execution pushed Alphabet into the $4 trillion valuation club, reinforcing investor confidence that Gemini and Google Cloud can materially reshape growth and margins. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
- Positive Sentiment: Analysts and sell‑side shops are raising targets and reiterating the bull case (TD Cowen raised its target to $355 and Jefferies highlighted the company’s data moat and cloud upside), supporting near‑term buy interest. TD Cowen raises price target Jefferies: data moat & cloud growth
- Neutral Sentiment: Market positioning and option flows show some traders view GOOG as still relatively undervalued to analyst targets; short‑dated put selling has been productive, which can moderate volatility but also signals crowded bullish positioning. Put yields and undervaluation note
- Neutral Sentiment: Alphabet plans to develop and manufacture high‑end smartphones in Vietnam this year—a strategic supply‑chain/production move that diversifies hardware execution but is not an immediate earnings driver. Google to develop, manufacture phones in Vietnam
- Negative Sentiment: Some investors and analysts warn valuation is stretched after a strong 2025 rally; several notes have shifted from “strong buy” to “buy” citing compressed upside and that much of the AI upside may already be priced in. Seeking Alpha: downgrade to Buy on valuation
- Negative Sentiment: Some funds trimmed GOOGL holdings in recent filings (reported reductions by a few managers), which could add selling pressure if larger managers follow suit; public criticism from industry figures (e.g., Elon Musk) adds headline noise but is unlikely to change fundamentals. Fund filing: Davenport trims GOOGL Musk criticizes Apple‑Google deal
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.
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