Heritage Investors Management Corp Sells 12,012 Shares of Alphabet Inc. $GOOG

Heritage Investors Management Corp cut its position in Alphabet Inc. (NASDAQ:GOOG) by 3.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 383,074 shares of the information services provider’s stock after selling 12,012 shares during the period. Alphabet makes up about 2.8% of Heritage Investors Management Corp’s investment portfolio, making the stock its 7th largest position. Heritage Investors Management Corp’s holdings in Alphabet were worth $93,298,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock valued at $73,927,821,000 after buying an additional 5,182,111 shares in the last quarter. State Street Corp raised its position in shares of Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares during the last quarter. Geode Capital Management LLC raised its stake in Alphabet by 0.4% during the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock worth $19,022,926,000 after buying an additional 441,177 shares during the last quarter. Sanders Capital LLC lifted its stake in Alphabet by 6.4% in the second quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after buying an additional 2,117,990 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Alphabet by 2.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock worth $5,588,323,000 after purchasing an additional 695,736 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $296.64, for a total value of $9,640,800.00. Following the completion of the sale, the chief executive officer owned 2,304,619 shares of the company’s stock, valued at $683,642,180.16. The trade was a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,070,464 shares of company stock worth $106,153,077 in the last three months. Insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on GOOG shares. UBS Group reissued a “neutral” rating on shares of Alphabet in a research report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. Bank of America boosted their price objective on Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. BMO Capital Markets reissued an “outperform” rating and set a $400.00 price objective on shares of Alphabet in a report on Thursday. Finally, Canaccord Genuity Group raised their price objective on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $343.47.

Alphabet Stock Up 0.4%

Shares of Alphabet stock opened at $324.40 on Tuesday. The company has a 50-day simple moving average of $322.51 and a two-hundred day simple moving average of $272.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The stock has a market capitalization of $3.91 trillion, a PE ratio of 30.01, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the business earned $2.15 EPS. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and Cloud strength — Alphabet’s Q4 results and analyst takeaways highlighted robust revenue, a fast‑growing Google Cloud (high revenue and margin expansion) and bullish analyst upgrades, reinforcing growth expectations. Alphabet Q4 Takeaway: Doubling Down On Cloud And AI Investments Should Pay Off
• Positive Sentiment: Big bond raise to fund AI buildout — Alphabet is tapping the U.S. high‑grade bond market (reported plan ~ $15B) to fund AI infrastructure and capex, which investors view as backing for long‑term AI monetization. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Legal win limits damages — A court ruling trimmed a previously reported $2.36B penalty tied to past data‑collection practices, reducing near‑term legal overhang. Alphabet (GOOGL)’s Legal Ruling Limits Damages, Analysts Remain Constructive
• Positive Sentiment: Waymo autonomous expansion — Waymo announced fully autonomous operations in Nashville, a concrete execution step for its robotaxi business that supports long‑term service/monetization upside. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Long‑term power deal for data centers — TotalEnergies signed long‑term solar supply pacts to power Google’s Texas data centers, helping secure lower‑cost, sustainable power for AI compute growth. TotalEnergies to provide solar power to Google’s Texas data centres
• Neutral Sentiment: Management flags AI risks even as it raises debt — Alphabet added new AI‑related risk disclosures (including potential ad impacts and long‑duration commercial contracts) in annual filings; investors are parsing how these qualitative risks map to longer‑term revenue/cost outcomes. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: New trademark lawsuit over AI video tools — Autodesk sued Google alleging trademark infringement around AI video software branding, adding another legal distraction with unclear but potentially incremental costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider selling headlines — Recent disclosure of CEO and other insider stock sales adds a near‑term headline risk that some traders watch, though such sales have been frequent historically. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $10,893,350.00 in Stock

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.