Alphabet Inc. $GOOGL Stock Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 448,865 shares of the information services provider’s stock after buying an additional 12,479 shares during the period. Alphabet accounts for 0.8% of D.A. Davidson & CO.’s portfolio, making the stock its 23rd biggest holding. D.A. Davidson & CO.’s holdings in Alphabet were worth $154,446,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its holdings in shares of Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares during the last quarter. Amundi increased its holdings in shares of Alphabet by 4.6% during the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after buying an additional 1,457,371 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Alphabet by 10.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after purchasing an additional 1,631,721 shares in the last quarter. Swiss National Bank raised its position in shares of Alphabet by 7.1% in the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock valued at $4,911,467,000 after buying an additional 1,139,400 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after acquiring an additional 8,112,680 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group reissued a “buy” rating and set a $385.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Yorkville Ives assumed coverage on shares of Alphabet in a research note on Monday, October 5th. They issued an “outperform” rating and a $400.00 price target for the company. Citigroup decreased their target price on shares of Alphabet from $447.00 to $375.00 and set a “buy” rating on the stock in a research report on Friday, October 30th. Barclays reiterated an “overweight” rating and set a $405.00 price objective (down from $425.00) on shares of Alphabet in a report on Thursday, October 29th. Finally, DA Davidson reduced their price objective on Alphabet from $350.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $412.51.

Alphabet Stock Up 0.8%

Shares of Alphabet stock opened at $284.78 on Friday. The business has a 50-day moving average of $332.93 and a 200-day moving average of $338.97. The company has a market capitalization of $3.48 trillion, a PE ratio of 14.86, a P/E/G ratio of 0.84 and a beta of 1.23. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. As a group, equities analysts forecast that Alphabet Inc. will post 19.86 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio is 4.59%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 247 shares of company stock valued at $79,238 over the last quarter. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.