Blalock Williams LLC bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,507 shares of the information services provider’s stock, valued at approximately $1,341,000. Alphabet comprises approximately 1.2% of Blalock Williams LLC’s investment portfolio, making the stock its 22nd biggest holding.
Several other hedge funds have also made changes to their positions in the stock. IFS Advisors LLC boosted its holdings in shares of Alphabet by 400.0% during the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock valued at $27,000 after acquiring an additional 120 shares during the period. Robbins Farley lifted its position in Alphabet by 60.0% in the 2nd quarter. Robbins Farley now owns 160 shares of the information services provider’s stock valued at $28,000 after purchasing an additional 60 shares during the last quarter. WestEnd Advisors LLC boosted its stake in Alphabet by 58.7% during the 2nd quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock valued at $29,000 after purchasing an additional 61 shares during the period. Fairman Group LLC grew its position in Alphabet by 121.3% in the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after purchasing an additional 97 shares during the last quarter. Finally, University of Illinois Foundation acquired a new stake in shares of Alphabet in the second quarter valued at approximately $31,000. Institutional investors own 27.26% of the company’s stock.
Alphabet Stock Performance
Alphabet stock opened at $328.38 on Thursday. The company has a market cap of $3.96 trillion, a P/E ratio of 32.38, a price-to-earnings-growth ratio of 1.78 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The firm’s 50 day simple moving average is $314.27 and its 200-day simple moving average is $258.65.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is 8.28%.
Analysts Set New Price Targets
GOOG has been the subject of several analyst reports. Mizuho set a $325.00 price objective on Alphabet in a research report on Thursday, October 30th. BMO Capital Markets reiterated an “outperform” rating and set a $340.00 price target on shares of Alphabet in a research report on Thursday, October 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Rosenblatt Securities set a $279.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Finally, Bank of America increased their target price on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $321.97.
Get Our Latest Stock Report on GOOG
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Apple plans to power an upgraded Siri with Google’s Gemini later this year — a major distribution win that could boost usage, licensing and model revenue for Alphabet if Gemini becomes the default assistant model on iPhones. Apple to Turn Siri Into AI Chatbot Powered by Google’s Gemini
- Positive Sentiment: Reports show a surge in sales of Gemini AI models, signaling stronger commercial adoption and improved monetization of Google Cloud/AI offerings. That supports revenue growth expectations tied to Alphabet’s AI stack. Google Sees Surge in Sales of Gemini AI Models
- Positive Sentiment: RBC and several sell-side firms have nudged targets/ratings higher on AI-driven ad and cloud momentum; fresh analyst price-target increases are supporting sentiment and likely contributing to the rally. RBC Raises Alphabet (GOOGL) Target on AI Advertising Momentum
- Positive Sentiment: Investor commentary and strategy pieces highlight Alphabet as a top AI beneficiary (Gemini, TPUs, cloud), and Berkshire Hathaway’s stake continues to be cited as a long-term confidence vote. These narratives underpin inflows and multiple expansion. Alphabet: Q4 Earnings Surprises May Not Be Just About AI
- Neutral Sentiment: YouTube leadership highlights the need to manage AI-generated content (“AI slop”) — an operational priority that may increase moderation costs or require product changes but also reflects responsible scaling of AI features. YouTube chief says ‘managing AI slop’ is a priority for 2026
- Neutral Sentiment: Isomorphic Labs (Google-backed) pushed clinical trials later in 2026 — a setback for that drug-discovery timeline but limited near-term impact on Alphabet’s core revenue. Google-backed AI drug discovery startup Isomorphic Labs delays clinical trial timeline
- Neutral Sentiment: Market-flow coverage noted that GOOG contributed to ETF (VTI) gains today — a sign institutional weight is helping performance but not a company-specific fundamental change. VTI is up 1.1% today, on GOOG stock price movement
- Negative Sentiment: Macro/headline risk: recent geopolitical/tariff rhetoric and broader tech pullbacks have knocked big-cap tech at times, creating short-term volatility that can offset positive fundamental news. America’s Biggest Tech Stocks Lead Tuesday’s Selloff as Trump’s Greenland Rhetoric Rattles Markets
- Negative Sentiment: Recent data show episodic larger intraday dips vs. the market and heavy insider selling disclosures in prior quarters—factors investors watch as potential near-term headwinds to sentiment. Here’s Why Alphabet Inc. (GOOG) Fell More Than Broader Market
Insider Transactions at Alphabet
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction 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 in the company, valued at $13,531,453.08. This represents a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 192,687 shares of company stock valued at $58,728,068. Insiders own 12.99% of the company’s stock.
About Alphabet
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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