Lockheed Martin Investment Management Co. Buys 36,900 Shares of Alphabet Inc. $GOOG

Lockheed Martin Investment Management Co. raised its position in Alphabet Inc. (NASDAQ:GOOG) by 658.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 42,500 shares of the information services provider’s stock after acquiring an additional 36,900 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Alphabet were worth $10,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Teacher Retirement System of Texas raised its stake in shares of Alphabet by 48.1% during the 3rd quarter. Teacher Retirement System of Texas now owns 1,382,269 shares of the information services provider’s stock valued at $336,652,000 after purchasing an additional 448,986 shares during the period. Investment Management Corp VA ADV increased its position in shares of Alphabet by 2.5% in the third quarter. Investment Management Corp VA ADV now owns 2,576 shares of the information services provider’s stock worth $627,000 after purchasing an additional 63 shares during the last quarter. Grandfield & Dodd LLC raised its position in shares of Alphabet by 29.9% during the 3rd quarter. Grandfield & Dodd LLC now owns 28,813 shares of the information services provider’s stock valued at $7,018,000 after buying an additional 6,625 shares in the last quarter. ERn Financial LLC raised its position in Alphabet by 3.5% during the third quarter. ERn Financial LLC now owns 2,506 shares of the information services provider’s stock valued at $610,000 after purchasing an additional 85 shares in the last quarter. Finally, Northstar Asset Management Inc. raised its holdings in shares of Alphabet by 2.1% during the 3rd quarter. Northstar Asset Management Inc. now owns 4,075 shares of the information services provider’s stock valued at $992,000 after buying an additional 82 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Down 0.0%

GOOG opened at $338.53 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $342.29. The stock has a market cap of $4.09 trillion, a PE ratio of 33.39, a PEG ratio of 1.86 and a beta of 1.09. The business has a 50 day moving average of $320.91 and a 200-day moving average of $265.66.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. During the same quarter in the prior year, the company earned $2.12 earnings per share. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. Equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet’s payout ratio is presently 8.28%.

Analyst Ratings Changes

A number of equities analysts recently commented on GOOG shares. UBS Group reiterated a “neutral” rating on shares of Alphabet in a research report on Thursday, October 30th. JPMorgan Chase & Co. upped their price objective on shares of Alphabet from $260.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $315.00 to $400.00 in a research note on Thursday, January 22nd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a research report on Tuesday, January 20th. Finally, TD Cowen reiterated a “buy” rating on shares of Alphabet in a research report on Tuesday, January 13th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $330.83.

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $340.00, for a total value of $34,680.00. Following the completion of the sale, the director directly owned 18,307 shares in the company, valued at approximately $6,224,380. This represents a 0.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 2,070,485 shares of company stock valued at $104,428,169. Insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s new Project Genie AI model — which can turn short prompts into fully rendered, playable 3D worlds and characters — is being viewed as a strategic win for Alphabet’s AI leadership and platform reach; the announcement spooked game developers but signals a new product avenue for Google that could expand ads, cloud consumption and developer tools. Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
• Positive Sentiment: An analyst note expects Alphabet to beat Q4 revenue and EPS as AI lifts ads and cloud demand — a direct fundamental rationale for upside to near-term earnings and investor estimates. Alphabet Could Power Past Forecasts As AI Lifts Ads, Cloud: Analyst
• Positive Sentiment: Large institutional buying: Vanguard reportedly added material GOOGL exposure in its latest filing, which supports demand for the shares from big passive/active holders. Fund Update: VANGUARD GROUP INC Just Disclosed New Holdings
• Positive Sentiment: Google disrupted a major residential proxy network used by bad actors, a security move that reduces abuse risk across its ecosystem and is a modest reputational/operational positive. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Neutral Sentiment: Wall Street is focused on Q4 guidance and key metric estimates ahead of earnings; expectations and guidance will likely drive short-term moves more than some headlines. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Profile/endorsement notes: coverage pieces and fund letters (e.g., Giverny Capital mention, Tim Cook comments on partnership) keep sentiment visible but are unlikely to move the tape materially on their own. Alphabet (GOOG) Contributed 4.7% to Giverny Capital Asset Management’s 2025 Growth
• Negative Sentiment: A former Google engineer was convicted of stealing AI trade secrets and uploading internal materials to personal cloud accounts — a legal/security headwind that raises concerns about IP protection and could prompt tighter controls and scrutiny. Former Google engineer found guilty of espionage and theft of AI tech
• Negative Sentiment: Waymo involvement in a pedestrian incident has triggered an NHTSA probe; regulatory/safety risks around Waymo’s rollout remain a potential liability and source of short-term volatility for Alphabet. A Waymo hit a child near an elementary school. The NHTSA is investigating

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.