Alphabet Inc. $GOOGL Stock: Lynx Investment Advisory Reduces Stake

Lynx Investment Advisory trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 19.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,996 shares of the information services provider’s stock after selling 2,884 shares during the quarter. Alphabet makes up 1.4% of Lynx Investment Advisory’s holdings, making the stock its 17th biggest holding. Lynx Investment Advisory’s holdings in Alphabet were worth $4,128,000 at the end of the most recent reporting period.

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

Alphabet Stock Performance

Shares of Alphabet stock opened at $282.57 on Friday. The business has a 50-day moving average price of $334.04 and a two-hundred day moving average price of $339.15. Alphabet Inc. has a 1-year low of $270.70 and a 1-year high of $408.61. 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 cap of $3.46 trillion, a P/E ratio of 14.75, a PEG ratio of 0.87 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (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 business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.96 billion. As a group, analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

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

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’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 transaction, 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 ownership of the stock. The sale was disclosed in a 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 quarter. 11.61% of the stock is currently owned by insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
• Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Barclays reissued an “overweight” rating and issued a $405.00 price objective (down from $425.00) on shares of Alphabet in a research note on Thursday, October 29th. Truist Financial lowered their target price on Alphabet from $420.00 to $410.00 and set a “buy” rating for the company in a research report on Thursday, October 29th. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a report on Thursday, October 1st. Morgan Stanley reiterated an “overweight” rating and issued a $375.00 price target (down from $400.00) on shares of Alphabet in a research report on Thursday, October 29th. Finally, Moffett Nathanson set a $345.00 price target on Alphabet in a research report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $412.51.

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.