Alphabet Inc. $GOOGL Stock Holdings Lowered by TD Waterhouse Canada Inc.

Posted by George Bondi on Oct 20th, 2026

TD Waterhouse Canada Inc. decreased its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,523,504 shares of the information services provider’s stock after selling 10,971 shares during the period. Alphabet makes up 1.4% of TD Waterhouse Canada Inc.’s portfolio, making the stock its 20th biggest position. TD Waterhouse Canada Inc.’s holdings in Alphabet were worth $515,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp lifted its position in Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Amundi boosted its holdings in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after acquiring an additional 1,457,371 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings 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 worth $6,334,186,000 after acquiring an additional 1,631,721 shares during the period. Hsbc Holdings PLC boosted its holdings in Alphabet by 11.9% in the 4th quarter. Hsbc Holdings PLC now owns 16,466,253 shares of the information services provider’s stock worth $5,154,034,000 after acquiring an additional 1,749,161 shares during the period. Finally, Swiss National Bank grew its position in Alphabet by 7.1% in 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 in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Rosenblatt Securities restated a “buy” rating and issued a $410.00 target price on shares of Alphabet in a research note on Thursday, September 3rd. Cantor Fitzgerald restated an “overweight” rating and issued a $420.00 target price on shares of Alphabet in a research note on Monday, October 12th. Finally, Pivotal Research reaffirmed a “buy” rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $426.04.

View Our Latest Stock Analysis on Alphabet

Insider Activity

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 402,479 shares of company stock worth $7,946,534. 11.61% of the stock is currently owned by insiders.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $344.18 on Tuesday. Alphabet Inc. has a fifty-two week low of $244.15 and a fifty-two week high of $408.61. The business has a 50 day moving average price of $344.00 and a two-hundred day moving average price of $352.27. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.21 trillion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Sell-side analysts expect that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Alphabet Company Profile

(Free Report)

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.