Alphabet Inc. $GOOG Stock Position Lessened by Pioneer Trust Bank N A OR

Posted by George Bondi on Jul 11th, 2026

Pioneer Trust Bank N A OR cut its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 8.9% during the 1st quarter, Holdings Channel reports. The firm owned 74,997 shares of the information services provider’s stock after selling 7,320 shares during the period. Alphabet comprises approximately 5.2% of Pioneer Trust Bank N A OR’s investment portfolio, making the stock its 4th biggest holding. Pioneer Trust Bank N A OR’s holdings in Alphabet were worth $21,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of GOOG. Imprint Wealth LLC acquired a new stake in Alphabet during the 3rd quarter valued at $31,000. Nvest Wealth Strategies Inc. purchased a new position in Alphabet during the fourth quarter worth $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet in the fourth quarter worth $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet in the fourth quarter worth $41,000. Finally, Towne Trust Company N.A lifted its position in shares of Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Zacks Research raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. JPMorgan Chase & Co. raised their price target on shares of Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Pivotal Research reaffirmed a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Finally, TD Cowen lifted their price target on shares of Alphabet from $450.00 to $475.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $378.53.

View Our Latest Stock Analysis on GOOG

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Several pieces highlighted Alphabet’s durable AI and cloud execution, including commentary that its distribution across Search, Android, YouTube, and Google Cloud gives it an edge in monetizing AI better than many rivals.
Positive Sentiment: Analysts and market commentary remained constructive, with Zacks upgrading Alphabet to “strong-buy,” and multiple reports saying the stock still looks undervalued after its strong rally and may have further upside from current levels.
Positive Sentiment: Alphabet’s cloud and AI ecosystem continues to draw positive coverage, including a new agentic AI collaboration with Accenture and reports that digital demand and data-center growth could support the business in the second half of 2026.
Positive Sentiment: Long-term confidence also got a boost from comments that Alphabet could be a winner in the AI race due to its massive distribution footprint and ability to turn AI spending into real returns.
Neutral Sentiment: Alphabet’s search product set a record for queries per second during the World Cup, reinforcing the strength of its core franchise, though this is more of a usage signal than a direct earnings catalyst.
Neutral Sentiment: Waymo’s plan to expand driverless rides to more cities supports Alphabet’s optionality in autonomous vehicles, but the impact on near-term stock performance is likely limited.
Negative Sentiment: News that Google and OpenAI provided AI model access to Singapore-based affiliates of Chinese firms has renewed policy and export-control concerns, which could raise regulatory risk around AI distribution.
Negative Sentiment: Alphabet is also facing more scrutiny abroad, including the UK bringing Google cloud services under direct oversight and an ongoing legal fight in India over its ads platform.
Negative Sentiment: Some traders remain cautious about competition, with reports suggesting Meta could challenge Google’s AI leadership and that Alphabet’s recent price action has lagged broader tech at times.

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 8,998 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 160,465 shares of company stock worth $8,020,511 over the last ninety days. Insiders own 12.99% of the company’s stock.

Alphabet Trading Down 0.3%

Shares of GOOG stock traded down $1.21 during mid-day trading on Friday, hitting $355.03. 11,607,032 shares of the company’s stock were exchanged, compared to its average volume of 21,891,652. Alphabet Inc. has a fifty-two week low of $177.54 and a fifty-two week high of $404.47. The stock has a 50-day simple moving average of $369.81 and a two-hundred day simple moving average of $335.21. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.30 trillion, a price-to-earnings ratio of 27.08, a PEG ratio of 1.52 and a beta of 1.23.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.81 earnings per share. Equities analysts expect that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Alphabet Profile

(Free Report)

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.