Deuterium Capital Management LLC trimmed its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 16.7% during the third quarter, Holdings Channel.com reports. The firm owned 51,510 shares of the information services provider’s stock after selling 10,302 shares during the period. Alphabet accounts for approximately 18.8% of Deuterium Capital Management LLC’s holdings, making the stock its largest position. Deuterium Capital Management LLC’s holdings in Alphabet were worth $17,552,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. increased its holdings in 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 buying an additional 5,164,200 shares during the last quarter. State Street Corp raised its stake in Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after buying an additional 5,208,690 shares in the last quarter. Amundi raised its stake in Alphabet by 22.9% in the first quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after buying an additional 4,083,758 shares in the last quarter. Deutsche Bank AG raised its stake in 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 buying an additional 913,666 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Alphabet by 24.9% during the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock worth $6,080,616,000 after buying an additional 3,432,287 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Alphabet News Roundup
Investors following GOOG have been watching these news items:
- Positive Sentiment: Google unveiled two new Tensor Processing Units aimed at agentic AI and confidential enterprise computing. The chips broaden Alphabet’s in-house hardware offering and could reduce reliance on outside processors. Article: Alphabet Edged Higher After Revealing New TPUs
- Neutral Sentiment: Alphabet is exploring up to $3 billion in its first Hong Kong- and Singapore-dollar bond offerings. The financing could diversify funding sources, though it adds debt obligations. Article: Alphabet explores first Hong Kong and Singapore dollar bond sales
- Negative Sentiment: Several law firms publicized an existing securities class action against Alphabet, alleging investor harm during May 19–July 16, 2026, with a December 1 lead-plaintiff deadline. The notices add reputational and potential legal risk; they cite claims involving Gemini 3.5 Pro delays and alleged disclosure failures, which remain allegations. Article: Kaplan Fox reminds Alphabet investors of securities class action deadline
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Roth Capital upped their price objective on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Guggenheim reiterated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Oppenheimer reissued an “outperform” rating and set a $400.00 target price (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Finally, JPMorgan Chase & Co. lowered their price target on Alphabet from $425.00 to $375.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. Six 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 issued a Sell rating to the company. According to data from MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average price target of $413.38.
View Our Latest Research Report on Alphabet
Alphabet Price Performance
Shares of NASDAQ:GOOG opened at $290.63 on Thursday. The company’s fifty day moving average price is $326.81 and its 200 day moving average price is $336.38. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The firm has a market capitalization of $3.57 trillion, a P/E ratio of 15.17, a P/E/G ratio of 0.86 and a beta of 1.21.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share 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 company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. During the same period last year, the firm earned $2.87 earnings per share. Alphabet’s revenue was up 24.7% on a year-over-year basis. As a group, sell-side analysts predict that Alphabet Inc. will post 19.74 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is 4.59%.
Insider Activity at Alphabet
In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 247 shares of company stock worth $79,238 in the last 90 days. 12.99% of the stock is currently owned by insiders.
About Alphabet
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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