Wilmington Savings Fund Society FSB Sells 5,056 Shares of Alphabet Inc. $GOOG

Wilmington Savings Fund Society FSB cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 325,279 shares of the information services provider’s stock after selling 5,056 shares during the quarter. Alphabet accounts for about 1.3% of Wilmington Savings Fund Society FSB’s holdings, making the stock its 15th biggest holding. Wilmington Savings Fund Society FSB’s holdings in Alphabet were worth $79,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of GOOG. Bleakley Financial Group LLC boosted its stake in shares of Alphabet by 1.4% in the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock worth $30,160,000 after buying an additional 2,304 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after acquiring an additional 3,444 shares during the period. American National Bank of Texas acquired a new position in Alphabet in the third quarter valued at approximately $900,000. Northwestern Mutual Wealth Management Co. boosted its position in Alphabet by 3.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after purchasing an additional 42,028 shares in the last quarter. Finally, Tower View Wealth Management LLC grew its stake in shares of Alphabet by 6.9% during the 2nd quarter. Tower View Wealth Management LLC now owns 27,644 shares of the information services provider’s stock worth $4,904,000 after purchasing an additional 1,776 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

GOOG has been the subject of a number of analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $340.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Mizuho set a $325.00 price objective on Alphabet in a research note on Thursday, October 30th. Morgan Stanley lifted their target price on shares of Alphabet from $210.00 to $270.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Finally, Pivotal Research reaffirmed a “buy” rating and set a $400.00 target price (up previously from $350.00) on shares of Alphabet in a report on Friday, December 5th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $326.13.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: RBC raised its price target on Alphabet, citing AI-driven strength in advertising—this reinforces buy-side confidence that Gemini and AI ad products will boost revenue and margins. RBC Raises Alphabet (GOOGL) Target on AI Advertising Momentum
• Positive Sentiment: Apple reportedly plans to power an upgraded Siri with Google’s Gemini later this year — a large-scale distribution deal that could accelerate Gemini adoption, monetization and defensibility across billions of devices. Apple to Turn Siri Into AI Chatbot Powered by Google’s Gemini
• Positive Sentiment: Reports indicate a surge in sales of Gemini models, suggesting commercial traction for Google Cloud AI offerings and higher cloud/AI revenue mix going forward. This supports expectations for continued top-line upside from AI. Google Sees Surge in Sales of Gemini AI Models
• Positive Sentiment: Berkshire Hathaway’s investment and multiple bullish analyst notes/price-target raises (recent UBS/TD Cowen/Goldman mentions) are lifting sentiment and providing institutional validation for Alphabet’s AI-led growth story. Warren Buffett Sent a Clear Multibillion-Dollar Message About Artificial Intelligence
• Positive Sentiment: New analyst targets/upgrades (multiple firms raising targets into the mid-300s and above) and a consensus “Buy” rating profile are providing near-term price support and justify higher expectations for 2026 earnings. VTI is up 1.1% today, on GOOG stock price movement
• Neutral Sentiment: YouTube CEO flagged “managing AI slop” as a 2026 priority — a reminder that content moderation and product quality will require investment but aren’t an immediate revenue headwind. YouTube chief says ‘managing AI slop’ is a priority for 2026
• Negative Sentiment: Isomorphic Labs (Google-backed) pushed back its clinical trial timeline to late 2026 — a setback for Alphabet’s longer-term ambitions in AI-driven drug discovery and a reminder that non-adjacent AI bets carry execution risk. Google-backed AI drug discovery startup Isomorphic Labs delays clinical trial timeline
• Negative Sentiment: Short-term macro/policy headlines (Trump’s tariff rhetoric, EU tariff proposals) and recent session weakness amplified by broader tech selloffs can pressure momentum-driven names like Alphabet despite strong fundamentals. NVDA, GOOGL, AMZN: Trump’s Greenland Gambit Rattles Big Tech as EU Weighs Salvo
• Negative Sentiment: Recent one-day pullbacks noted by market coverage (Zacks/others) highlight that Alphabet remains sensitive to market rotations and headline risk despite solid earnings and AI momentum. Here’s Why Alphabet Inc. (GOOG) Fell More Than Broader Market

Insider Buying and Selling

In other news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the sale, the chief executive officer directly owned 2,272,119 shares in the company, valued at approximately $725,942,020.50. This trade represents a 1.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 192,687 shares of company stock valued at $58,728,068 in the last three months. 12.99% of the stock is owned by corporate insiders.

Alphabet Stock Performance

NASDAQ GOOG opened at $328.38 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market cap of $3.96 trillion, a P/E ratio of 32.38, a P/E/G ratio of 1.78 and a beta of 1.09. The stock has a 50-day moving average of $314.27 and a two-hundred day moving average of $258.65. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $341.20.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 earnings per share. As a group, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Alphabet Profile

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.