Alphabet Inc. $GOOGL Stock Position Cut by Heritage Investors Management Corp

Posted by George Bondi on Nov 10th, 2026

Heritage Investors Management Corp reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 367,098 shares of the information services provider’s stock after selling 7,438 shares during the period. Alphabet accounts for about 3.6% of Heritage Investors Management Corp’s portfolio, making the stock its 5th largest holding. Heritage Investors Management Corp’s holdings in Alphabet were worth $126,311,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GOOGL. Titleist Asset Management LLC lifted its stake in shares of Alphabet by 6.4% in the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock worth $11,909,000 after buying an additional 2,096 shares in the last quarter. Elefante Mark B grew its stake in Alphabet by 4.5% during the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock valued at $15,629,000 after acquiring an additional 1,897 shares in the last quarter. Nwam LLC grew its stake in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock valued at $14,127,000 after acquiring an additional 8,055 shares in the last quarter. WCM Investment Management LLC raised its holdings in Alphabet by 287.4% in the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock valued at $1,063,000 after acquiring an additional 2,883 shares during the last quarter. Finally, Spinnaker Investment Group LLC raised its holdings in Alphabet by 51.4% in the 2nd quarter. Spinnaker Investment Group LLC now owns 4,759 shares of the information services provider’s stock valued at $1,701,000 after acquiring an additional 1,616 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $288.15 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock has a market capitalization of $3.52 trillion, a P/E ratio of 15.04, a PEG ratio of 0.87 and a beta of 1.23. The company has a 50 day moving average price of $331.76 and a 200 day moving average price of $338.77. Alphabet Inc. has a fifty-two week low of $270.70 and a fifty-two week high of $408.61.

Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its earnings results 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). The firm had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Equities research analysts forecast that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 4.59%.

Analysts Set New Price Targets

GOOGL has been the topic of a number of research reports. BMO Capital Markets reissued an “outperform” rating and issued a $480.00 target price (up from $465.00) on shares of Alphabet in a research note on Tuesday, October 20th. Rosenblatt Securities dropped their price target on Alphabet from $410.00 to $380.00 and set a “buy” rating for the company in a research report on Thursday, October 29th. Guggenheim reaffirmed a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Thursday, October 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $385.00 price target on shares of Alphabet in a report on Thursday, October 29th. Finally, Wedbush decreased their price objective on Alphabet from $445.00 to $387.00 and set an “outperform” rating on the stock in a report on Thursday, October 29th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $412.51.

Check Out Our Latest Stock Analysis on GOOGL

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction 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 sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction 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 ninety days. Insiders own 11.61% of the company’s stock.

Alphabet Company Profile

(Free Report)

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.