Whalen Wealth Management Inc. Has $2.72 Million Stake in Alphabet Inc. $GOOGL

Posted by Brenda Bartman on Sep 9th, 2026

Whalen Wealth Management Inc. lowered its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 22.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,604 shares of the information services provider’s stock after selling 2,252 shares during the quarter. Alphabet makes up approximately 1.2% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its 15th largest position. Whalen Wealth Management Inc.’s holdings in Alphabet were worth $2,718,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Alphabet by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after purchasing an additional 12,531,695 shares during the last quarter. State Street Corp boosted its position in Alphabet by 1.8% in the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after buying an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Alphabet by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock worth $45,625,595,000 after buying an additional 2,666,676 shares during the last quarter. Norges Bank bought a new stake in shares of Alphabet during the fourth quarter worth $30,534,239,000. Finally, Bank of America Corp DE increased its holdings in shares of Alphabet by 4.9% during the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock worth $21,630,861,000 after buying an additional 3,218,852 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GOOGL. UBS Group dropped their price target on Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Loop Capital lifted their price target on Alphabet from $355.00 to $490.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Five analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $420.19.

Get Our Latest Analysis on Alphabet

Alphabet Stock Down 0.0%

Shares of NASDAQ:GOOGL opened at $338.36 on Wednesday. The firm has a market cap of $4.14 trillion, a P/E ratio of 16.99, a P/E/G ratio of 0.98 and a beta of 1.22. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $233.23 and a 12-month high of $408.61. The business has a fifty day simple moving average of $348.34 and a 200 day simple moving average of $343.37.

Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Insider Activity at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 82 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director directly owned 18,995 shares of the company’s stock, valued at $6,414,801.45. This represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 451,925 shares of company stock worth $12,371,544 over the last ninety days. Insiders own 11.61% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google Cloud expands enterprise AI push: Alphabet and Accenture are launching a joint unit with 1,000 forward-deployed engineers to help businesses implement Google’s AI tools. The partnership could accelerate Cloud adoption, improve monetization and help Alphabet compete more effectively with Microsoft and Amazon. Google Cloud races to catch up in the AI deployment wars with Accenture deal
Positive Sentiment: Potential power support for AI infrastructure: The U.S. government approved a $1.9 billion loan to NextEra Energy to refurbish an Iowa nuclear plant that Google plans to use for power. Reliable, low-carbon electricity could help support Alphabet’s growing data-center demand, although the benefits are longer term. Google’s revived nuclear power plant gets $1.9B loan from US government
Positive Sentiment: Google and Cathay Pacific expanded trials of AI technology designed to reduce aircraft contrail warming, adding a potential sustainability and commercial-use case for Google’s AI capabilities. Cathay Pacific, Google expand AI trials to cut climate-warming aircraft contrails

About Alphabet

(Free Report)

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.