Alphabet Inc. $GOOG Stock Position Raised by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG) by 10.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,035 shares of the information services provider’s stock after purchasing an additional 1,632 shares during the period. Alphabet comprises approximately 1.7% of Cary Street Partners Investment Advisory LLC’s holdings, making the stock its 7th largest holding. Cary Street Partners Investment Advisory LLC’s holdings in Alphabet were worth $4,149,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. University of Illinois Foundation acquired a new position in Alphabet during the 2nd quarter worth $31,000. Manning & Napier Advisors LLC bought a new position in shares of Alphabet during the third quarter worth about $32,000. Horrell Capital Management Inc. grew its stake in Alphabet by 100.0% in the second quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter. Tripletail Wealth Management LLC acquired a new position in Alphabet in the third quarter worth about $40,000. Finally, Decker Retirement Planning Inc. increased its holdings in Alphabet by 60.9% in the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock valued at $45,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is folding robotics‑software maker Intrinsic into Google, consolidating talent and tech from its “Other Bets” unit into the core business — a move that accelerates Google’s push into physical AI and could shorten commercialization timelines for robotics use cases. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding on‑road testing to Chicago and Charlotte, signaling continued scaling of Waymo’s robotaxi commercialization efforts — potential long‑term revenue optionality and clearer path to monetization. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Gemini adoption is broadening: Samsung’s S26 demos show Gemini autonomously operating third‑party apps, underscoring device partnerships that expand distribution and revenue leverage for Google’s AI stack. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google announced a major clean‑power/data‑center push (1.9GW) including a 100‑hour iron‑battery, and related utility deals — improves energy resilience and long‑term margin/cost profile for hyperscale data centers. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Positive Sentiment: Wells Fargo upgraded Alphabet to a stronger rating, supporting bullish analyst sentiment that can attract flows and underwrite higher multiples. Wells Fargo upgrades Alphabet (GOOG)
• Positive Sentiment: Analysis highlighting Alphabet’s hidden assets (stakes in Anthropic and SpaceX) reinforces a view of embedded upside beyond core Search/Cloud performance. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Neutral Sentiment: Reuters reports Google will test showing rivals’ vertical search results more prominently across Europe to try to head off an EU antitrust fine — a pragmatic regulatory response but one that underscores ongoing legal risk in the region. Exclusive: Google to test changes to search results, source says as EU fine looms
• Neutral Sentiment: Google said it disrupted a China‑linked hacking group that targeted dozens of organizations — improves security posture and brand trust but has limited direct near‑term revenue impact. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Negative Sentiment: Russia fined Google ~22 million roubles for distributing VPN services on Google Play — a small hit financially but a reminder of geopolitical/regulatory costs in certain markets. Russia fines Google distributing VPN services, TASS reports
• Negative Sentiment: Headline noise: a report of insider selling and periodic short‑interest chatter has pressured sentiment in recent sessions; these items can weigh near‑term momentum even if fundamentals remain strong. Alphabet (NASDAQ:GOOG) Stock Price Down 1% on Insider Selling

Wall Street Analyst Weigh In

A number of research analysts have commented on GOOG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Rosenblatt Securities set a $279.00 price objective on Alphabet in a research note on Thursday, October 30th. UBS Group reaffirmed a “neutral” rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Guggenheim reissued a “buy” rating and set a $375.00 target price on shares of Alphabet in a report on Monday, December 1st. Finally, Bank of America lifted their price target on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $343.90.

Insider Transactions at Alphabet

In other news, 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,112,482 shares of company stock worth $119,145,289 over the last quarter. Insiders own 12.99% of the company’s stock.

Alphabet Stock Up 0.7%

GOOG stock opened at $313.03 on Thursday. The stock has a market cap of $3.79 trillion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 1.82 and a beta of 1.10. The firm’s 50-day simple moving average is $321.36 and its 200 day simple moving average is $281.87. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the business posted $2.15 EPS. Alphabet’s revenue was up 18.0% on a year-over-year basis. As a group, sell-side analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed 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 yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

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.