Aberdeen Group plc Sells 628,311 Shares of Alphabet Inc. $GOOG

Aberdeen Group plc reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 9.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,117,862 shares of the information services provider’s stock after selling 628,311 shares during the quarter. Alphabet comprises approximately 2.2% of Aberdeen Group plc’s holdings, making the stock its 8th largest position. Aberdeen Group plc’s holdings in Alphabet were worth $2,084,600,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the last quarter. State Street Corp boosted its stake in Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after purchasing an additional 5,208,690 shares in the last quarter. Amundi boosted its stake in Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares in the last quarter. Deutsche Bank AG boosted its stake in Alphabet by 5.6% in the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after purchasing an additional 913,666 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in Alphabet by 24.9% during the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock valued at $6,080,616,000 after purchasing an additional 3,432,287 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. HSBC set a $515.00 price objective on shares of Alphabet in a research note on Friday, August 14th. Royal Bank Of Canada reiterated a “buy” rating and issued a $475.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. Bank of America reissued a “buy” rating on shares of Alphabet in a report on Thursday, October 29th. UBS Group restated a “reduce” rating on shares of Alphabet in a research report on Thursday, October 29th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $325.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $413.38.

Latest Alphabet News

Here’s some of the latest news about GOOG:

• Positive Sentiment: Nvidia CEO Jensen Huang’s abrupt departure has investors considering alternatives to Nvidia. Alphabet could benefit through its TPUs; reports say nearly 100 customers use Google’s custom AI chips, and HSBC has set a $360 price target. Any market-share gains remain prospective. Article
• Positive Sentiment: Institutional demand provides support: ETFs bought a reported $78.6 million of GOOG shares on Wednesday, with 42 funds buying and 12 selling. Berkshire Hathaway has also built a substantial Alphabet position, though these holdings data are not a real-time trading signal. Article
• Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was 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 trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 247 shares of company stock valued at $79,238. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 1.0%

Shares of GOOG stock opened at $292.52 on Friday. Alphabet Inc. has a 1 year low of $271.41 and a 1 year high of $404.47. The firm has a fifty day moving average price of $325.11 and a 200-day moving average price of $335.97. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a market cap of $3.60 trillion, a price-to-earnings ratio of 15.27, a PEG ratio of 0.90 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Alphabet’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.87 earnings per share. As a group, equities analysts predict that Alphabet Inc. will post 19.74 earnings per share for the current year.

Alphabet Dividend Announcement

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

About Alphabet

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.