OneAscent Financial Services LLC Has $4.12 Million Stock Position in Alphabet Inc. $GOOGL

OneAscent Financial Services LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 30.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,956 shares of the information services provider’s stock after selling 7,281 shares during the quarter. OneAscent Financial Services LLC’s holdings in Alphabet were worth $4,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lorne Steinberg Wealth Management Inc. grew its position in Alphabet by 0.9% during the 3rd quarter. Lorne Steinberg Wealth Management Inc. now owns 61,115 shares of the information services provider’s stock worth $14,857,000 after purchasing an additional 560 shares in the last quarter. EWA LLC grew its holdings in shares of Alphabet by 14.7% during the third quarter. EWA LLC now owns 6,335 shares of the information services provider’s stock valued at $1,540,000 after buying an additional 811 shares in the last quarter. Exchange Bank raised its position in Alphabet by 7.8% during the third quarter. Exchange Bank now owns 9,728 shares of the information services provider’s stock valued at $2,365,000 after buying an additional 700 shares during the period. LBP AM SA lifted its stake in Alphabet by 13.5% in the 3rd quarter. LBP AM SA now owns 547,457 shares of the information services provider’s stock worth $133,087,000 after acquiring an additional 65,244 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in Alphabet by 0.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 170,875 shares of the information services provider’s stock worth $41,924,000 after acquiring an additional 540 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GOOGL. UBS Group set a $348.00 target price on Alphabet and gave the company a “neutral” rating in a report on Thursday. Truist Financial set a $385.00 target price on shares of Alphabet in a research report on Thursday. Loop Capital raised shares of Alphabet from a “hold” rating to a “buy” rating and lifted their target price for the company from $260.00 to $320.00 in a research note on Tuesday, November 18th. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, November 20th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $395.00 price objective (up previously from $346.00) on shares of Alphabet in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $357.46.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet beat Q4 estimates with $113.8B revenue, $2.82 EPS, huge Google Cloud growth (48% y/y) and milestone annual revenue above $400B — evidence that AI and ads are driving durable top‑line momentum. Alphabet Crushes Earnings Again, Reports 48% Cloud Revenue Growth
• Positive Sentiment: Gemini/product adoption and a surging cloud backlog (reported at ~$240B) support longer‑term revenue leverage from AI investments — a structural growth argument investors and many analysts are citing. Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
• Positive Sentiment: Multiple brokers raised price targets and reiterated buy/outperform views after the quarter (e.g., Citigroup, JPMorgan, RBC, Needham, Mizuho), providing analyst support under the share price. Multiple analyst price target raises (Benzinga)
• Neutral Sentiment: Reported short interest data shows no meaningful short position change (reads as negligible/quiet on short‑selling activity), so moves are likely driven by flows and sentiment rather than a short squeeze.
• Neutral Sentiment: ETF/sector flows and inclusion chatter (new Big Tech ETFs) can amplify moves in GOOGL but are not company‑specific catalysts. Big Tech Core: New Burney ETF Packs Apple, Nvidia, Google, Broadcom Punch
• Negative Sentiment: Alphabet guided to $175–$185B of capex for 2026 (aimed at AI compute and cloud), a shockingly large jump that has investors fretting about near‑term free cash flow and returns on incremental AI spend — the dominant proximate cause of recent weakness. Alphabet resets the bar for AI infrastructure spending (CNBC)
• Negative Sentiment: Wider market narrative: fears about excessive AI capex are prompting a tech sell‑off (FactSet noted >$1T wiped from big‑tech), which weighs on Alphabet alongside company‑specific capex concerns. Big Tech sees over $1 trillion wiped from stocks as fears of AI bubble ignite sell-off
• Negative Sentiment: Insider selling was reported after the quarter, adding near‑term pressure on sentiment. Alphabet Shares Down After Insider Selling
• Negative Sentiment: Employee protests over Google Cloud contracts with immigration agencies pose reputational/legal risk that can create headline volatility. Google Workers Demand End to Cloud Services for Immigration Agencies

Alphabet Trading Down 2.5%

Alphabet stock opened at $322.86 on Monday. Alphabet Inc. has a one year low of $140.53 and a one year high of $349.00. The company’s fifty day moving average price is $321.60 and its two-hundred day moving average price is $271.29. The company has a market capitalization of $3.90 trillion, a price-to-earnings ratio of 29.87, a PEG ratio of 1.78 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be given a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the completion of the transaction, the chief accounting officer owned 9,916 shares of the company’s stock, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold 2,067,686 shares of company stock valued at $105,352,291 in the last three months. Company insiders own 11.55% of the company’s stock.

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.