Heritage Investors Management Corp Has $99.73 Million Position in Alphabet Inc. $GOOGL

Heritage Investors Management Corp trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 410,221 shares of the information services provider’s stock after selling 12,378 shares during the period. Alphabet accounts for 3.0% of Heritage Investors Management Corp’s portfolio, making the stock its 5th biggest position. Heritage Investors Management Corp’s holdings in Alphabet were worth $99,725,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Norges Bank bought a new stake in shares of Alphabet in the 2nd quarter worth approximately $21,944,208,000. Laurel Wealth Advisors LLC lifted its stake in Alphabet by 17,667.7% in the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after buying an additional 15,159,273 shares during the last quarter. Franklin Resources Inc. lifted its stake in Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after buying an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Alphabet by 1.3% during 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. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Alphabet by 201.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after acquiring an additional 4,374,542 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction dated Monday, February 2nd. The stock was 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 directly owned 9,916 shares in the company, valued at $3,337,229.80. This represents a 8.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,032,408 shares of company stock valued at $94,926,707 over the last ninety days. Company insiders own 11.55% of the company’s stock.

Alphabet Stock Down 1.2%

NASDAQ GOOGL opened at $302.02 on Wednesday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a market capitalization of $3.65 trillion, a P/E ratio of 27.94, a PEG ratio of 1.79 and a beta of 1.09. The company’s 50 day simple moving average is $320.73 and its 200 day simple moving average is $277.10. 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 earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a $0.21 dividend. 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 payout ratio is presently 7.77%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GOOGL shares. Piper Sandler reissued an “overweight” rating and set a $395.00 target price (up from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein boosted their price objective on Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. HSBC increased their price objective on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday. Finally, Daiwa Securities Group increased their price target on Alphabet from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet currently has a consensus rating of “Moderate Buy” and an average target price of $363.10.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud momentum: reported/covered Cloud revenue growth (surge ~48% Y/Y) that underpins upside in enterprise AI demand and improves near-term monetization outlook. Google (GOOGL) Cloud Revenue Just Surged 48%
• Positive Sentiment: Product roadmap / AI hardware: Google I/O set for May 19–20, with expectations of a 2026 launch for Google’s first smart AI glasses — a potential new consumer product cycle and headline AI device. Google announces I/O developer conference where AI glasses could be rolled out
• Positive Sentiment: Strategic partnership and infrastructure demand: India’s Adani Group plans a large investment in AI data centers alongside Google and Microsoft — signals increased hyperscaler demand and cloud expansion in a major market. India’s Adani Group To Invest $100 Billion In AI Data Centers
• Positive Sentiment: Big investor confidence signal: Berkshire Hathaway’s Q4 filing kept its Alphabet stake steady while trimming Amazon — a high-profile vote of confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Positive Sentiment: Green-energy support for operations: Ormat signed a long-term geothermal PPA to supply Google in Nevada — reduces energy / ESG risk for data center operations. Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada
• Neutral Sentiment: Waymo regulatory/oversight: Waymo defended its use of remote-assistance staff to Congress and said they haven’t been used to drive robotaxis on public roads — reduces some regulatory uncertainty but keeps oversight visible. Waymo defends use of remote assistance workers in robotaxi operations
• Negative Sentiment: High-profile stake reduction: Terry Smith (Fundsmith) reportedly sold about half his Alphabet holding — a headline that can add selling pressure or signal rotation among institutional holders. The ‘English Warren Buffett’ Just Dumped Half His Alphabet Stake
• Negative Sentiment: Regulatory/geopolitical risk in India: New talks of age-based social media restrictions in India could reduce engagement/ads across platforms, representing a regional regulatory risk for ad revenue. India discussing age-based restrictions with social media firms, top minister says
• Negative Sentiment: CapEx & tech-rotation pressure: Analysts and coverage note that Alphabet’s elevated 2026 CapEx plan to scale AI compute (reported guidance cited previously) has contributed to a short-term pullback amid broader megacap profit-taking. Alphabet’s Pullback: A Second Chance for Long-Term Investors?

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.