Telos Capital Management Inc. Trims Stock Position in Alphabet Inc. $GOOG

Posted by Brenda Bartman on Jun 25th, 2026

Telos Capital Management Inc. decreased its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 5.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,471 shares of the information services provider’s stock after selling 3,060 shares during the period. Alphabet accounts for 1.5% of Telos Capital Management Inc.’s investment portfolio, making the stock its 16th largest holding. Telos Capital Management Inc.’s holdings in Alphabet were worth $15,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Financial Management Network Inc. boosted its stake in Alphabet by 1.8% in the first quarter. Financial Management Network Inc. now owns 17,755 shares of the information services provider’s stock valued at $5,617,000 after acquiring an additional 307 shares in the last quarter. Kure Advisory LLC increased its position in shares of Alphabet by 3.7% during the first quarter. Kure Advisory LLC now owns 902 shares of the information services provider’s stock worth $259,000 after purchasing an additional 32 shares in the last quarter. Hanson & Doremus Investment Management increased its position in shares of Alphabet by 11.5% during the first quarter. Hanson & Doremus Investment Management now owns 28,012 shares of the information services provider’s stock worth $8,035,000 after purchasing an additional 2,880 shares in the last quarter. Greenbush Financial Group LLC lifted its holdings in shares of Alphabet by 2.4% in the 1st quarter. Greenbush Financial Group LLC now owns 16,541 shares of the information services provider’s stock valued at $4,745,000 after purchasing an additional 381 shares during the last quarter. Finally, Kaufman Rossin Wealth LLC lifted its holdings in shares of Alphabet by 5.7% in the 1st quarter. Kaufman Rossin Wealth LLC now owns 1,496 shares of the information services provider’s stock valued at $429,000 after purchasing an additional 81 shares during 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 brokerages recently issued reports on GOOG. Raymond James Financial reissued a “strong-buy” rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, April 30th. Oppenheimer boosted their price objective on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Truist Financial set a $430.00 price objective on Alphabet in a report on Monday, June 1st. The Goldman Sachs Group restated a “buy” rating and set a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Finally, Phillip Securities cut shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $376.78.

View Our Latest Stock Analysis on GOOG

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet will replace Verizon in the Dow, a move that can trigger index-related buying and highlights the company’s importance in large-cap tech. WSJ article
Positive Sentiment: Analysts continue to point to Alphabet’s strong AI and cloud position, including rapid Google Cloud growth and rising enterprise demand for AI infrastructure. Zacks article
Neutral Sentiment: YouTube settled a youth mental health lawsuit ahead of a broader social media trial, removing one legal overhang but not changing the core investment story. Reuters article
Negative Sentiment: Several reports say key Gemini researchers are leaving Google for rivals like Anthropic, reinforcing investor concerns about AI talent retention. TechCrunch article
Negative Sentiment: Google reportedly delayed the Gemini 3.5 Pro release to July, which may raise questions about execution in the AI race. TipRanks article
Negative Sentiment: Some commentary also points to broader pressure on Alphabet from an AI selloff and worries that Google’s core search dominance could face more competition in the AI era. CNBC article

Alphabet Price Performance

Shares of GOOG opened at $344.91 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a fifty-two week low of $168.56 and a fifty-two week high of $404.47. The firm has a 50-day simple moving average of $366.09 and a 200-day simple moving average of $331.78. The company has a market capitalization of $4.18 trillion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 1.48 and a beta of 1.22.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.81 EPS. On average, equities research analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. This is an increase 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 dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Friday, May 29th. The shares were sold at an average price of $381.00, for a total transaction of $38,862.00. Following the completion of the transaction, the director owned 18,721 shares in the company, valued at approximately $7,132,701. This trade represents a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 160,516 shares of company stock valued at $7,344,604. 12.99% of the stock is owned by company insiders.

About Alphabet

(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.