1,743 Alphabet Inc. $GOOGL Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc lowered its stake in Alphabet Inc. (NASDAQ:GOOGL) by 2.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,284 shares of the information services provider’s stock after selling 1,743 shares during the quarter. Alphabet makes up approximately 1.2% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 17th largest position. Fragasso Financial Advisors Inc’s holdings in Alphabet were worth $24,013,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. State Street Corp boosted its holdings in shares of Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Invesco Ltd. grew its position in Alphabet by 0.5% during the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider’s stock worth $14,208,470,000 after acquiring an additional 208,362 shares during the last quarter. Amundi increased its holdings in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after purchasing an additional 1,457,371 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after purchasing an additional 1,631,721 shares in the last quarter. Finally, Swiss National Bank raised its position 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 last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Evercore reissued an “outperform” rating and set a $450.00 price target on shares of Alphabet in a research note on Wednesday, September 16th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $417.00 price objective (up from $411.00) on shares of Alphabet in a research note on Tuesday, October 6th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $515.00 price objective on shares of Alphabet in a research note on Wednesday, July 22nd. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Tigress Financial reiterated a “strong-buy” rating and set a $485.00 target price (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and a consensus target price of $425.72.

Alphabet Trading Up 0.7%

Shares of NASDAQ GOOGL traded up $2.52 during trading on Tuesday, reaching $355.24. The company had a trading volume of 12,372,842 shares, compared to its average volume of 30,546,947. The company’s fifty day moving average price is $345.48 and its 200-day moving average price is $349.96. Alphabet Inc. has a 12 month low of $240.51 and a 12 month high of $408.61. The stock has a market cap of $4.34 trillion, a P/E ratio of 17.83, a PEG ratio of 1.02 and a beta of 1.21. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. As a group, research analysts expect that Alphabet Inc. will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio is presently 4.42%.

Insider Activity at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the 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 sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 441,399 shares of company stock worth $8,677,053 over the last ninety days. Insiders own 11.61% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s long-term investment case remains supported by rapid Google Cloud expansion, a reported $514 billion cloud backlog, and growing adoption of AI Mode. Analysts and investors continue to view the company as offering significant upside, with Cantor Fitzgerald reaffirming an “Overweight” rating and a $420 price target. Alphabet could be worth $700 by 2030
• Positive Sentiment: Google’s agreement with Constellation to secure approximately 3.6 gigawatts of nuclear power could provide reliable electricity for energy-intensive AI data centers, reinforcing Alphabet’s infrastructure strategy and potentially improving long-term capacity planning. Google and Constellation nuclear power deal
• Positive Sentiment: New consumer initiatives, including the $180 Fitbit Edge and a Function Health partnership combining wearable data with more than 160 lab tests, could expand Google’s subscription-based health ecosystem and strengthen engagement across its devices and services. Google health data partnership
• Neutral Sentiment: Alphabet and Amazon are each committing roughly $200 billion to AI data centers. Alphabet’s spending may accelerate cloud and AI revenue, but investors are monitoring whether returns justify the enormous capital requirements. Alphabet and Amazon AI data center spending
• Negative Sentiment: Multiple law firms are promoting a securities-fraud class action covering investors who purchased Alphabet securities from May 19 through July 16, 2026. The allegations concern claims that Alphabet misrepresented development progress for its Gemini 3.5 Pro model; the lead-plaintiff deadline is December 1, 2026. Alphabet Gemini securities-fraud lawsuit
• Negative Sentiment: Some investors question the quality of Alphabet’s recent earnings growth: reported EPS of $9.11 benefited substantially from a non-operating paper gain, while data-center spending exceeded cash generated by operations. That raises concerns about free-cash-flow pressure despite strong headline results. Alphabet cloud growth and paper EPS gain

Alphabet Company Profile

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.