Boston Trust Walden Corp lessened its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 727,458 shares of the information services provider’s stock after selling 14,603 shares during the period. Alphabet makes up about 2.0% of Boston Trust Walden Corp’s investment portfolio, making the stock its 4th biggest holding. Boston Trust Walden Corp’s holdings in Alphabet were worth $247,874,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. lifted its holdings in shares of Alphabet by 1.4% in the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares in the last quarter. State Street Corp lifted its stake in Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after acquiring an additional 5,208,690 shares in the last quarter. Amundi lifted its stake in Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after acquiring an additional 4,083,758 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Alphabet by 5.6% in the second quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after purchasing an additional 913,666 shares during the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Alphabet by 24.9% in the second quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock worth $6,080,616,000 after purchasing an additional 3,432,287 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Alphabet
In other news, Director Frances Arnold sold 83 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 247 shares of company stock valued at $79,238 over the last three months. Company insiders own 12.99% of the company’s stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
- Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
- Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
- Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
- Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
- Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt
Wall Street Analysts Forecast Growth
GOOG has been the topic of several analyst reports. Bank of America reissued a “buy” rating on shares of Alphabet in a research report on Thursday, October 29th. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a research report on Thursday, October 29th. TD Cowen reaffirmed a “buy” rating and set a $460.00 price target (down from $485.00) on shares of Alphabet in a research report on Thursday, October 29th. Moffett Nathanson dropped their price objective on Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. Finally, Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.
Get Our Latest Research Report on Alphabet
Alphabet Stock Up 0.8%
Shares of GOOG opened at $283.93 on Friday. The stock’s 50-day moving average price is $329.78 and its two-hundred day moving average price is $337.01. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.47 trillion, a PE ratio of 14.82, a PEG ratio of 0.84 and a beta of 1.21.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same period in the prior year, the firm earned $2.87 earnings per share. The firm’s revenue for the quarter was up 24.7% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 19.80 EPS for the current year.
Alphabet Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.59%.
Alphabet Profile
Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.
Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.
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