TD Private Client Wealth LLC lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,820 shares of the information services provider’s stock after purchasing an additional 9,319 shares during the period. TD Private Client Wealth LLC’s holdings in Alphabet were worth $22,808,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the business. Breakwater Investment Management boosted its position in shares of Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock worth $1,028,000 after acquiring an additional 41 shares in the last quarter. Wealth Alliance Advisory Group LLC lifted its stake in Alphabet by 1.0% during the third quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock worth $983,000 after purchasing an additional 41 shares during the last quarter. Clearview Wealth Advisors LLC boosted its holdings in Alphabet by 3.3% in the third quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after purchasing an additional 41 shares in the last quarter. Kooman & Associates boosted its holdings in Alphabet by 3.3% in the third quarter. Kooman & Associates now owns 1,343 shares of the information services provider’s stock valued at $326,000 after purchasing an additional 43 shares in the last quarter. Finally, Contravisory Investment Management Inc. increased its stake in Alphabet by 2.9% in the third quarter. Contravisory Investment Management Inc. now owns 1,572 shares of the information services provider’s stock valued at $382,000 after purchasing an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
- Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
- Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
- Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
- Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
- Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
- Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search
Insiders Place Their Bets
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. CIBC boosted their price objective on shares of Alphabet to $315.00 in a research report on Monday, October 20th. Robert W. Baird boosted their price target on shares of Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Roth Mkm upped their price objective on shares of Alphabet from $210.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Finally, Morgan Stanley boosted their target price on Alphabet from $270.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $331.40.
Get Our Latest Stock Report on GOOGL
Alphabet Trading Down 0.8%
NASDAQ:GOOGL opened at $328.04 on Monday. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $340.49. 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’s 50 day simple moving average is $315.65 and its 200-day simple moving average is $260.69. The firm has a market cap of $3.96 trillion, a P/E ratio of 32.35, a PEG ratio of 1.81 and a beta of 1.08.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.
Alphabet Profile
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.
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