WealthBridge Capital Management LLC Acquires 1,731 Shares of Alphabet Inc. $GOOGL

WealthBridge Capital Management LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 19.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,552 shares of the information services provider’s stock after buying an additional 1,731 shares during the quarter. WealthBridge Capital Management LLC’s holdings in Alphabet were worth $3,631,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after acquiring an additional 12,718,127 shares during the period. Amundi raised its stake in shares of Alphabet by 4.6% in the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Alphabet by 10.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock valued at $6,334,186,000 after purchasing an additional 1,631,721 shares during the period. Swiss National Bank boosted its holdings in Alphabet by 7.1% in the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock valued at $4,911,467,000 after purchasing an additional 1,139,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Alphabet by 90.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after purchasing an additional 8,112,680 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud’s 82% second-quarter growth remains the key catalyst. Investors expect another strong performance, potentially exceeding 100% revenue growth, as demand for AI computing capacity remains high. Google Cloud revenue outlook
• Positive Sentiment: Analysts and market commentators continue to highlight Alphabet’s AI advantages, including Gemini, internally developed tensor processing units (TPUs), strong cash generation and a lower valuation relative to some large technology peers. KeyCorp maintained an “overweight” rating despite lowering its price target to $410 from $435. Alphabet AI strategy
• Positive Sentiment: Google reported a major quantum-computing error-reduction breakthrough, while its carbon-removal and lower-carbon power initiatives could strengthen Alphabet’s long-term technology and infrastructure positioning. Quantum computing breakthrough
• Neutral Sentiment: Former Google CEO Eric Schmidt reportedly owns a 1% stake in Anthropic. The investment underscores the competitive AI landscape but does not directly change Alphabet’s financial results. Schmidt Anthropic stake
• Negative Sentiment: Investors remain concerned that a reported delay to Google’s next TPU could postpone revenue and profit benefits from Alphabet’s custom-chip strategy. Upcoming results will need to show that TPU demand is translating into meaningful earnings. Google TPU delay
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The complaints allege Alphabet failed to disclose adverse information related to the delayed Gemini 3.5 Pro launch; the lead-plaintiff deadline is December 1, 2026. Alphabet shareholder lawsuit alert
• Negative Sentiment: The U.S. Supreme Court rejected Google’s challenge to a patent-agency review policy, leaving the company exposed to potentially less favorable patent-review procedures. Supreme Court patent ruling

Analysts Set New Price Targets

GOOGL has been the subject of several analyst reports. Yorkville Ives initiated coverage on Alphabet in a research note on Monday, October 5th. They set an “outperform” rating and a $400.00 target price for the company. Wall Street Zen lowered Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 price objective on shares of Alphabet in a research note on Monday, October 12th. KeyCorp decreased their price objective on Alphabet from $435.00 to $410.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research report on Monday, June 22nd. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $426.04.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders sold 402,479 shares of company stock valued at $7,946,534 in the last ninety days. Insiders own 11.61% of the company’s stock.

Alphabet Price Performance

Alphabet stock opened at $344.18 on Tuesday. The stock has a market cap of $4.21 trillion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. The company has a fifty day simple moving average of $344.00 and a 200-day simple moving average of $352.27. Alphabet Inc. has a 12-month low of $244.15 and a 12-month high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Equities analysts expect that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.