Curated Wealth Partners LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 87.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,545 shares of the information services provider’s stock after selling 203,886 shares during the quarter. Alphabet comprises 0.9% of Curated Wealth Partners LLC’s portfolio, making the stock its 15th biggest holding. Curated Wealth Partners LLC’s holdings in Alphabet were worth $10,510,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. WealthPlan Investment Management LLC boosted its stake in shares of Alphabet by 6.5% during the third quarter. WealthPlan Investment Management LLC now owns 94,601 shares of the information services provider’s stock valued at $32,550,000 after purchasing an additional 5,742 shares in the last quarter. SBE LLC DBA Cedar Cove Wealth Partners lifted its holdings in shares of Alphabet by 3.0% in the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 2,337 shares of the information services provider’s stock valued at $804,000 after purchasing an additional 68 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in Alphabet by 3.4% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 12,240 shares of the information services provider’s stock worth $4,212,000 after purchasing an additional 408 shares in the last quarter. Nvwm LLC boosted its holdings in shares of Alphabet by 1.6% in the 3rd quarter. Nvwm LLC now owns 46,587 shares of the information services provider’s stock worth $16,030,000 after buying an additional 727 shares during the last quarter. Finally, Colorado Capital Management Inc. raised its stake in shares of Alphabet by 3.3% in the third quarter. Colorado Capital Management Inc. now owns 6,194 shares of the information services provider’s stock valued at $2,131,000 after buying an additional 198 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.
Alphabet Price Performance
Shares of Alphabet stock opened at $340.59 on Friday. Alphabet Inc. has a one year low of $244.15 and a one year high of $408.61. The stock has a 50 day moving average price of $344.26 and a 200-day moving average price of $351.32. The stock has a market cap of $4.17 trillion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Equities analysts expect that Alphabet Inc. will post 20.54 EPS for the current year.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued 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 was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Thursday. Freedom Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Wall Street Zen lowered shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Alphabet in a research report on Monday, June 22nd. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $425.04.
Check Out Our Latest Report on GOOGL
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
- Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
- Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
- Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
- Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
- Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
- Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
- Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.
Insider Buying and Selling at Alphabet
In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 420,865 shares of company stock worth $8,293,477. 11.61% of the stock is owned by insiders.
About Alphabet
Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.
Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.
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