Alphabet Inc. $GOOG Stock: Chicago Partners Investment Group LLC Grows Holdings

Chicago Partners Investment Group LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,845 shares of the information services provider’s stock after buying an additional 2,961 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Alphabet were worth $27,554,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GOOG. Morton Brown Family Wealth LLC lifted its position in Alphabet by 135.5% during the third quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock worth $25,000 after purchasing an additional 42 shares during the period. Castlekeep Investment Advisors LLC bought a new position in Alphabet in the 2nd quarter valued at about $29,000. Livelsberger Financial Advisory acquired a new position in Alphabet during the third quarter valued at approximately $37,000. Toth Financial Advisory Corp bought a new position in shares of Alphabet in the 2nd quarter valued at $41,000. Finally, Timbuktu Capital Management LLC acquired a new position in shares of Alphabet during the 2nd quarter worth $46,000. Institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on GOOG shares. Morgan Stanley restated an “overweight” rating and set a $375.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. Sanford C. Bernstein reissued a “market perform” rating and set a $325.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating and reduced their price target for the company from $450.00 to $425.00 in a research note on Monday, July 27th. Piper Sandler reaffirmed an “overweight” rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, October 29th. Finally, BMO Capital Markets set a $425.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $413.38.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’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 value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 247 shares of company stock worth $79,238. Insiders own 12.99% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

Alphabet Trading Up 0.8%

Alphabet stock traded up $2.19 during trading hours on Friday, hitting $283.93. The stock had a trading volume of 24,574,811 shares, compared to its average volume of 22,294,856. The business’s 50 day simple moving average is $329.78 and its 200-day simple moving average is $337.01. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The stock has a market cap of $3.47 trillion, a price-to-earnings ratio of 14.82, a P/E/G ratio of 0.84 and a beta of 1.21. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. During the same quarter last year, the firm posted $2.87 earnings per share. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. On average, equities analysts predict that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s payout ratio is presently 4.59%.

Alphabet Company Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.