Alphabet Inc. $GOOGL Position Cut by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lessened its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,523,504 shares of the information services provider’s stock after selling 10,971 shares during the period. Alphabet comprises 1.4% of TD Waterhouse Canada Inc.’s portfolio, making the stock its 20th largest position. TD Waterhouse Canada Inc.’s holdings in Alphabet were worth $515,833,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. WealthBridge Capital Management LLC lifted its position in shares of Alphabet by 19.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 10,552 shares of the information services provider’s stock worth $3,631,000 after buying an additional 1,731 shares during the last quarter. Stronghold Wealth Management L.L.C. boosted its holdings in shares of Alphabet by 13.3% in the 3rd quarter. Stronghold Wealth Management L.L.C. now owns 3,477 shares of the information services provider’s stock valued at $1,196,000 after buying an additional 408 shares during the period. Rise Advisors LLC boosted its holdings in shares of Alphabet by 16.8% in the 3rd quarter. Rise Advisors LLC now owns 1,978 shares of the information services provider’s stock valued at $681,000 after buying an additional 285 shares during the period. James T. Borello RIA boosted its holdings in shares of Alphabet by 1.0% in the 3rd quarter. James T. Borello RIA now owns 3,190 shares of the information services provider’s stock valued at $1,097,000 after buying an additional 33 shares during the period. Finally, Cyr Financial Inc. boosted its holdings in shares of Alphabet by 6.9% in the 3rd quarter. Cyr Financial Inc. now owns 4,810 shares of the information services provider’s stock valued at $1,655,000 after buying an additional 309 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 402,479 shares of company stock valued at $7,946,534 in the last ninety days. Company insiders own 11.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Royal Bank Of Canada reissued an “outperform” rating and issued a $425.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Rosenblatt Securities restated a “buy” rating and issued a $410.00 target price on shares of Alphabet in a research note on Thursday, September 3rd. Wells Fargo & Company restated an “overweight” rating and issued a $417.00 target price (up from $411.00) on shares of Alphabet in a research note on Tuesday, October 6th. Finally, Morgan Stanley set a $400.00 target price on Alphabet and gave the company an “overweight” rating in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $426.04.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
• Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
• Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
• Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
• Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
• Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Alphabet Stock Performance

Shares of GOOGL opened at $344.18 on Tuesday. Alphabet Inc. has a 1 year low of $244.15 and a 1 year high of $408.61. The company has a market cap of $4.21 trillion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a fifty day moving average of $344.00 and a 200-day moving average of $352.27.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.