Homestead Advisers Corp Has $71.45 Million Holdings in Alphabet Inc. $GOOG

Homestead Advisers Corp boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 148.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 293,360 shares of the information services provider’s stock after acquiring an additional 175,100 shares during the period. Alphabet accounts for 1.7% of Homestead Advisers Corp’s investment portfolio, making the stock its 28th biggest holding. Homestead Advisers Corp’s holdings in Alphabet were worth $71,448,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Titleist Asset Management LLC boosted its stake in Alphabet by 10.6% during the 3rd quarter. Titleist Asset Management LLC now owns 37,042 shares of the information services provider’s stock valued at $9,022,000 after purchasing an additional 3,550 shares during the period. Kondo Wealth Advisors Inc. increased its position in Alphabet by 4.7% in the 3rd quarter. Kondo Wealth Advisors Inc. now owns 2,108 shares of the information services provider’s stock worth $513,000 after buying an additional 95 shares during the period. RMR Wealth Builders lifted its holdings in shares of Alphabet by 27.6% during the third quarter. RMR Wealth Builders now owns 29,577 shares of the information services provider’s stock worth $7,204,000 after buying an additional 6,395 shares during the last quarter. Hobbs Wealth Management LLC boosted its position in shares of Alphabet by 20.1% in the third quarter. Hobbs Wealth Management LLC now owns 2,467 shares of the information services provider’s stock valued at $601,000 after acquiring an additional 413 shares during the period. Finally, ABN AMRO Bank N.V. increased its holdings in shares of Alphabet by 7.1% during the 3rd quarter. ABN AMRO Bank N.V. now owns 396,420 shares of the information services provider’s stock worth $96,233,000 after purchasing an additional 26,298 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Bank of America increased their price objective on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. DA Davidson set a $300.00 price objective on Alphabet in a research note on Tuesday, November 25th. Finally, Piper Sandler reissued an “overweight” rating and issued a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and a consensus price target of $343.47.

Alphabet Price Performance

Alphabet stock opened at $311.32 on Thursday. The business’s fifty day moving average is $322.38 and its two-hundred day moving average is $274.01. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $3.76 trillion, a P/E ratio of 28.80, a P/E/G ratio of 1.89 and a beta of 1.10. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period last year, the company posted $2.15 earnings per share. Equities research analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the transaction, the chief accounting officer owned 9,916 shares in the company, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the sale, the director directly owned 21,224 shares of the company’s stock, valued at $7,163,524.48. This trade represents a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,069,864 shares of company stock valued at $105,985,041 over the last quarter. Company insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Scotiabank reiterated an Outperform and lifted its price target to $400, citing Google’s solid results and AI positioning — a bullish analyst signal that supports upside expectations. Scotiabank Maintains its Outperform Rating on Alphabet Inc. (GOOGL)
• Positive Sentiment: EU regulators cleared Alphabet’s $32B Wiz acquisition unconditionally, removing a major regulatory overhang and making the deal a nearer-term strategic win for Google Cloud/security. Google secures EU antitrust approval for $32 billion Wiz acquisition
• Positive Sentiment: Google is adding shopping/ad formats into AI Search and Gemini, opening a new direct monetization channel for AI answers — potential incremental ad/commerce revenue. Google Weaves New Shopping Feature Into Search and Gemini
• Positive Sentiment: Institutional flows show conviction from some large investors: Egerton opened a ~$338.5M GOOG position and several funds (e.g., TD Asset Management, Homestead) added shares in recent filings — signals of continued institutional demand. Egerton opens new $338.5M GOOG position
• Positive Sentiment: Alphabet participated in a major robotics/AI funding round (Apptronik), underscoring strategic bets and partnerships in robotics and AI ecosystems. Apptronik raises $520M with backing from Google
• Neutral Sentiment: Fund-level portfolio moves are mixed: some managers trimmed GOOG while others added sizeable allocations — useful for tracking flow but mixed near-term directional impact. (Various 13F updates)
• Negative Sentiment: Alphabet’s unusually large debt raise (century bond and >$20–$30B offering) has spooked some investors — analysts and headlines flagged “debt anxiety,” and the fundraising is cited as a key reason for short-term selling despite strong demand for the bonds. Alphabet sells bonds worth $20 billion to fund AI spending
• Negative Sentiment: Privacy/regulatory risk: reporting that Google disclosed a student journalist’s personal/financial data to ICE without a judge-approved subpoena raises reputational and potential regulatory scrutiny risks. Google sent personal and financial information of student journalist to ICE

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.