Alphabet Inc. $GOOGL Stock: Plancorp LLC Increases Position

Plancorp LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 8.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,560 shares of the information services provider’s stock after buying an additional 2,598 shares during the period. Plancorp LLC’s holdings in Alphabet were worth $11,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. May Hill Capital LLC raised its stake in Alphabet by 9.0% in the third quarter. May Hill Capital LLC now owns 11,637 shares of the information services provider’s stock valued at $4,004,000 after buying an additional 956 shares during the last quarter. Bradyco Inc. acquired a new stake in Alphabet in the third quarter worth about $4,415,000. Carmel Capital Partners LLC grew its stake in shares of Alphabet by 8.7% during the third quarter. Carmel Capital Partners LLC now owns 1,959 shares of the information services provider’s stock worth $674,000 after acquiring an additional 156 shares during the last quarter. Waycross Partners LLC grew its stake in shares of Alphabet by 8.4% during the third quarter. Waycross Partners LLC now owns 275,822 shares of the information services provider’s stock worth $94,905,000 after acquiring an additional 21,473 shares during the last quarter. Finally, LightSquare Wealth Management LLC grew its stake in shares of Alphabet by 4.4% during the third quarter. LightSquare Wealth Management LLC now owns 3,063 shares of the information services provider’s stock worth $1,054,000 after acquiring an additional 130 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Summary

Investors following GOOGL have been watching these news items:

• Positive Sentiment: Nvidia CEO Jensen Huang’s abrupt departure could encourage cloud customers to diversify AI-chip suppliers. Alphabet’s TPUs may benefit from that shift; Google Cloud also uses AMD processors in TPU infrastructure. Read More.
• Negative Sentiment: Alphabet co-founder Larry Page reportedly plans to sell another $148 million in shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Read More.
• Negative Sentiment: A securities class action covering investors who bought Alphabet shares from May 19 to July 16, 2026, is prompting new law-firm notices. The lawsuit adds legal and reputational risk; the allegations have not been established in court. Read More.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GOOGL. Yorkville Ives started coverage on shares of Alphabet in a report on Monday, October 5th. They set an “outperform” rating and a $400.00 price objective on the stock. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Citizens Jmp downgraded shares of Alphabet from a “market outperform” rating to a “hold” rating in a research report on Thursday, October 29th. Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Thursday, October 15th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $412.51.

Alphabet Stock Performance

Alphabet stock traded down $2.93 during trading hours on Friday, hitting $295.77. 30,682,111 shares of the stock traded hands, compared to its average volume of 40,687,932. The firm’s 50 day moving average price is $328.18 and its 200-day moving average price is $338.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The stock has a market capitalization of $3.64 trillion, a price-to-earnings ratio of 15.44, a P/E/G ratio of 0.90 and a beta of 1.23. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. As a group, equities analysts expect that Alphabet Inc. will post 19.81 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 4.59%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Company Profile

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.