Alphabet Inc. $GOOGL Stock Acquired by MRA Advisory Group

MRA Advisory Group grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 509.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,065 shares of the information services provider’s stock after buying an additional 8,413 shares during the period. Alphabet accounts for approximately 1.3% of MRA Advisory Group’s portfolio, making the stock its 26th largest holding. MRA Advisory Group’s holdings in Alphabet were worth $3,463,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp increased its holdings in Alphabet by 5.6% during the 2nd 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. Diamant Asset Management Inc. grew its position in shares of Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock valued at $2,671,986,000 after purchasing an additional 9,259,940 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Alphabet by 90.9% during the 1st 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 in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Alphabet by 127.9% in the fourth quarter. Corient Private Wealth LLC now owns 11,677,886 shares of the information services provider’s stock worth $3,655,178,000 after purchasing an additional 6,554,842 shares during the period. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of Alphabet by 45.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,737,125 shares of the information services provider’s stock worth $4,299,721,000 after buying an additional 4,313,745 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on GOOGL. Morgan Stanley set a $400.00 target price on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Truist Financial set a $420.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Cantor Fitzgerald reissued an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet has an average rating of “Buy” and an average price target of $425.72.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Unity Software launched an AI-powered game-creation platform that converts natural-language prompts into playable games. The initiative could expand Google’s role in generative AI and attract creators who might otherwise use Roblox, although it also increases competitive pressure in gaming. Alphabet’s Google, Unity Software Launch Playground for Creators to Develop Games Using Prompts
• Positive Sentiment: Google signed long-term nuclear-power agreements with Constellation Energy covering approximately 3,590 megawatts, including 890 megawatts of additional capacity. Securing reliable electricity supports the expansion of AI data centers and signals that Alphabet is addressing power constraints with multi-decade supply commitments. Google Signs Nuclear Deal With Constellation Energy
• Positive Sentiment: Analyst commentary remains constructive: Alphabet’s roughly 17-times earnings valuation, approximately 55% net margin, resilient Search advertising and reported 82% Google Cloud growth are viewed as support for a potential technical breakout. The average analyst target cited is about $426, implying meaningful upside if growth continues. Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
• Neutral Sentiment: Google launched SynthID, a public website for identifying AI-generated images, video and audio. The tool may strengthen Alphabet’s AI-trust and safety credentials, but its direct financial impact is currently unclear. Google’s new SynthID website can identify AI-generated media
• Negative Sentiment: Finland ordered Google to halt construction on two data centers until environmental-impact assessments are completed. The delay could increase project costs or postpone AI capacity additions, though Alphabet said it recognizes the concerns and is addressing them. Google ordered to halt work on two data centers in Finland
• Negative Sentiment: Multiple law firms publicized a securities class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro model after a prior stock decline. Separate reports cite a U.K. Play Store-fee action and a potential $3.2 billion ad-tech damages claim. These remain allegations, but they add litigation and regulatory uncertainty.

Alphabet Price Performance

NASDAQ GOOGL traded down $0.50 on Wednesday, reaching $347.18. 9,621,167 shares of the company’s stock traded hands, compared to its average volume of 30,748,262. The stock has a market cap of $4.25 trillion, a PE ratio of 17.43, a P/E/G ratio of 1.00 and a beta of 1.21. Alphabet Inc. has a 12 month low of $235.84 and a 12 month high of $408.61. The stock has a 50-day simple moving average of $345.42 and a 200 day simple moving average of $348.53. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, research analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current 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 given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio is presently 4.42%.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 441,399 shares of company stock valued at $8,677,053. 11.61% of the stock is currently owned by insiders.

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.