Envestnet Portfolio Solutions Inc. Has $89.58 Million Stock Holdings in Alphabet Inc. $GOOGL

Envestnet Portfolio Solutions Inc. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 14.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,500 shares of the information services provider’s stock after selling 63,533 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Alphabet were worth $89,582,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after acquiring an additional 6,733,278 shares during the last quarter. State Street Corp lifted its stake in Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC boosted its position in Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after buying an additional 4,224,497 shares in the last quarter. Norges Bank bought a new stake in shares of Alphabet during the second quarter worth $21,944,208,000. Finally, Invesco Ltd. grew its stake in shares of Alphabet by 1.2% during the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after buying an additional 503,306 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet reported another beat: Q4 EPS and revenue topped estimates, Google Cloud grew ~48% Y/Y and annual revenue exceeded $400B—clear fundamental drivers for longer‑term growth. Read More.
• Positive Sentiment: Multiple Wall Street firms raised price targets and reiterated buy/outperform views after the results, supporting upside case (examples include Deutsche Bank, RBC, Needham and others). Read More.
• Positive Sentiment: Commercial traction for AI and subscriptions continues (Gemini user metrics, YouTube/Google One paid subs), reinforcing monetization of AI investments over time. Read More.
• Neutral Sentiment: Alphabet announced a small quarterly dividend ($0.21/share)—signal of returning capital but limited near‑term impact on valuation. Read More.
• Neutral Sentiment: Insider selling (CAO sold ~933 shares) and mixed analyst notes (some neutral ratings) create potential short‑term noise; institutional positioning remains large. Read More.
• Negative Sentiment: The 2026 capex outlook—$175B–$185B—shocked markets; investors fear near‑term margin/earnings dilution and a multi‑year heavy cash outflow, prompting an after‑hours/pre‑market selloff. Read More.
• Negative Sentiment: Market reaction: shares fell sharply in pre‑market/early trading as tech indexes pulled back, reflecting short‑term risk aversion to large AI spending even as fundamentals remain solid. Read More.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 17,829 shares of the 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 directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,035,186 shares of company stock valued at $94,458,941 over the last 90 days. 11.64% of the stock is currently owned by corporate insiders.

Alphabet Price Performance

GOOGL stock opened at $331.25 on Friday. 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 firm has a market cap of $4.00 trillion, a price-to-earnings ratio of 30.64, a PEG ratio of 2.01 and a beta of 1.09. The company’s fifty day simple moving average is $321.54 and its 200 day simple moving average is $269.25. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 36.21% and a net margin of 32.81%. On average, analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Daiwa Capital Markets upped their target price on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a research note on Thursday. HSBC lifted their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. Needham & Company LLC upped their price target on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Robert W. Baird raised their price target on shares of Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Four analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $354.86.

About Alphabet

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.