Alliancebernstein L.P. Has $2.41 Billion Holdings in Alphabet Inc. $GOOGL

Alliancebernstein L.P. raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,927,166 shares of the information services provider’s stock after acquiring an additional 54,673 shares during the period. Alphabet makes up approximately 0.8% of Alliancebernstein L.P.’s investment portfolio, making the stock its 17th largest position. Alliancebernstein L.P. owned about 0.08% of Alphabet worth $2,413,294,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in GOOGL. Financial Gravity Companies Inc. acquired a new position in Alphabet in the 2nd quarter valued at $31,000. iSAM Funds UK Ltd bought a new position in Alphabet during the 3rd quarter worth $53,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet during the third quarter worth $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet during the third quarter worth $54,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Alphabet in the third quarter valued at about $63,000. Institutional investors own 40.03% of the company’s stock.

Alphabet Trading Down 0.4%

NASDAQ GOOGL opened at $302.28 on Friday. The company has a market cap of $3.66 trillion, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average is $319.12 and its 200 day moving average is $289.81.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

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 issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is 7.77%.

Insider Transactions at Alphabet

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,112,493 shares of company stock worth $118,605,094. 11.64% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on GOOGL. Wolfe Research upped their price target on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Wedbush boosted their price objective on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. DA Davidson boosted their price objective on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Argus increased their target price on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $367.18.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a “buy” on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet’s earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ “Platform 37” referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

Alphabet Company 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.