N10 Wealth LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 39.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 48,455 shares of the information services provider’s stock after buying an additional 13,749 shares during the period. Alphabet comprises 4.7% of N10 Wealth LLC’s holdings, making the stock its 6th biggest position. N10 Wealth LLC’s holdings in Alphabet were worth $16,672,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GOOGL. State Street Corp raised its position in Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after purchasing an additional 12,718,127 shares during the period. Invesco Ltd. boosted its stake in shares of Alphabet by 0.5% during the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider’s stock worth $14,208,470,000 after purchasing an additional 208,362 shares during the period. Amundi raised its position 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 purchasing an additional 1,457,371 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Alphabet by 10.1% during 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 last quarter. Finally, Hsbc Holdings PLC boosted its holdings in Alphabet by 11.9% during the 4th quarter. Hsbc Holdings PLC now owns 16,466,253 shares of the information services provider’s stock valued at $5,154,034,000 after acquiring an additional 1,749,161 shares during the period. 40.03% of the stock is owned by institutional investors.
Alphabet Stock Down 1.7%
GOOGL stock opened at $347.64 on Thursday. 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 52 week low of $244.15 and a 52 week high of $408.61. The stock has a market capitalization of $4.25 trillion, a P/E ratio of 17.46, a P/E/G ratio of 1.02 and a beta of 1.21. The firm has a 50-day simple moving average of $344.71 and a 200-day simple moving average of $350.87.
Alphabet Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google launched Gemini 4 Argon, a new frontier AI model for developers, businesses and paid users. The model includes expanded coding and knowledge-work capabilities, potentially strengthening Alphabet’s competitive position and supporting future Cloud and subscription revenue. Google launches flagship AI model Gemini 4 Argon for developers and businesses
- Positive Sentiment: UBS raised its Alphabet price target, while BNP Paribas reportedly lifted its target to $450 based partly on the outlook for Alphabet’s in-house Tensor Processing Units. Analysts see potential for the chip business to become a significant revenue opportunity. Alphabet target bumped to $450 at BNP Paribas on TPU outlook
- Positive Sentiment: American Electric Power plans to invest approximately $4 billion in Wyoming fuel-cell generation to serve Google’s growing electricity demand. The project supports Alphabet’s expanding data-center and AI infrastructure capacity, although it also highlights the significant cost of scaling AI. American Electric Power to invest $4 billion fuel-cell project to power Google
- Neutral Sentiment: Alphabet’s Google DeepMind and Google Cloud will give European researchers access to frontier AI models, potentially improving research adoption and ecosystem influence. Meanwhile, the European Commission said it remains in dialogue with Google, leaving regulatory implications unclear.
- Negative Sentiment: Multiple law firms publicized a securities class action covering investors who purchased Alphabet shares between May 19 and July 16, 2026. The lawsuit alleges Alphabet misrepresented delays and training problems involving the Gemini 3.5 Pro launch after a subsequent stock decline. The repeated notices increase headline, litigation and reputational risk, although they do not represent new findings of liability. Alphabet AI issues and subsequent stock drop trigger securities-fraud class action
- Negative Sentiment: Investor commentary also flagged heavy AI capital spending and the gap between operating cash flow and free cash flow, reinforcing concerns that data-center expansion could pressure near-term cash generation despite strong reported earnings.
Analyst Ratings Changes
Several research analysts have commented on GOOGL shares. Tigress Financial restated a “strong-buy” rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Wells Fargo & Company reiterated an “overweight” rating and issued a $417.00 price target (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. Wall Street Zen downgraded Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Wedbush reissued an “outperform” rating and set a $445.00 target price on shares of Alphabet in a research report 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $425.74.
Read Our Latest Report on GOOGL
Insider Buying and Selling at Alphabet
In related news, Director Frances Arnold sold 83 shares of the 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 transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred 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. In the last three months, insiders have sold 441,399 shares of company stock valued at $8,677,053. Insiders own 11.61% of the company’s stock.
Alphabet Profile
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.
See Also
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