Alphabet Inc. $GOOG Shares Bought by Callahan Advisors LLC

Callahan Advisors LLC grew its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 274,314 shares of the information services provider’s stock after acquiring an additional 1,884 shares during the period. Alphabet comprises about 5.7% of Callahan Advisors LLC’s holdings, making the stock its 2nd biggest position. Callahan Advisors LLC’s holdings in Alphabet were worth $66,809,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Manning & Napier Advisors LLC purchased a new position in shares of Alphabet during the third quarter valued at approximately $32,000. IFS Advisors LLC increased its holdings in shares of Alphabet by 400.0% during the 2nd quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock worth $27,000 after buying an additional 120 shares during the last quarter. Tripletail Wealth Management LLC purchased a new position in shares of Alphabet in the 3rd quarter worth about $40,000. WestEnd Advisors LLC increased its position in Alphabet by 58.7% during the 2nd quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. Finally, University of Illinois Foundation acquired a new stake in shares of Alphabet in the second quarter worth $31,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Alphabet from $260.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Barclays raised their price objective on shares of Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Pivotal Research reiterated a “buy” rating and issued a $400.00 target price (up previously from $350.00) on shares of Alphabet in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. Finally, BNP Paribas Exane assumed coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating for the company. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $330.83.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud landed a five‑year AI partnership with Liberty Global to deploy Gemini models and cloud tools across the cable operator’s European business — a meaningful commercial win for Cloud and Gemini adoption that supports recurring revenue growth. Google Cloud, Liberty Global strike five-year AI partnership
• Positive Sentiment: Waymo raised $16 billion in a round that values the unit near $126 billion — this large external financing both recognizes Waymo’s standalone value and de‑risks Alphabet’s capital commitment while preserving upside from a high‑value autonomous‑vehicle asset. Waymo announces $16 billion fundraising round
• Positive Sentiment: Alphabet scored a legal win when a judge rejected a bid to force a $2.36B penalty — easing a sizeable regulatory/legal overhang. Google (GOOGL) Dodges $2.36B Class Action Penalty in Major Court Win
• Positive Sentiment: Analysts and commentators continue to point to AI‑driven strength in Search, YouTube and Cloud as the main drivers for expected strong Q4 results, supporting investor optimism heading into earnings. Alphabet (GOOGL) Stock: What Wall Street Expects from Earnings Wednesday
• Neutral Sentiment: Options market pricing and analysts expect a sizable post‑earnings move (the options market is pricing notable volatility), meaning the stock can swing sharply after the Q4 report. Alphabet (GOOGL) Q4 Earnings on Deck: Options Market Braces for a 6.18% Swing
• Neutral Sentiment: Competition in generative AI (reports of an imminent Claude 5 launch) keeps the product landscape dynamic — a potential headwind or stimulus depending on execution and partnerships. Claude 5 Will Probably Launch In Q1
• Neutral Sentiment: Short‑interest data in the latest print is uninformative (shows effectively zero days of short interest), indicating little visible short pressure but also potential data noise — not a clear driver either way.
• Negative Sentiment: Several institutional 13F filings show managers trimming GOOG positions and at least one major shareholder sale was reported (~$35M), signaling some profit‑taking after the stock’s strong run. Fund Update: PROVIDENT TRUST CO Just Disclosed New Holdings Alphabet Major Shareholder Sells
• Negative Sentiment: Critical commentary warns AI could create structural risks for ad models if monetization lags; plus a reported $110M hit to Disney from a YouTube TV carriage dispute underscores distribution/friction risks around media partners. Disney said it took a $110 million hit from its fight with YouTube TV Mag 7’s “Commitment” to Data Centers & GOOGL “Existential Crisis”

Alphabet Trading Up 1.9%

Shares of NASDAQ:GOOG opened at $344.90 on Tuesday. The stock has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 34.01, a PEG ratio of 1.86 and a beta of 1.10. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The company has a 50 day moving average price of $321.44 and a 200 day moving average price of $267.95. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $345.17.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio is currently 8.28%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director directly owned 18,307 shares in the company, valued at approximately $6,224,380. The trade was a 0.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total value of $202,512.00. Following the sale, the director owned 21,224 shares of the company’s stock, valued at $7,163,524.48. The trade was a 2.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,069,531 shares of company stock worth $104,158,826 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

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.