New Hampshire Trust Cuts Position in Alphabet Inc. $GOOG

New Hampshire Trust decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,945 shares of the information services provider’s stock after selling 1,774 shares during the quarter. Alphabet makes up about 2.3% of New Hampshire Trust’s investment portfolio, making the stock its 8th biggest holding. New Hampshire Trust’s holdings in Alphabet were worth $11,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. RDA Financial Network grew its stake in Alphabet by 5.3% in the second quarter. RDA Financial Network now owns 11,094 shares of the information services provider’s stock valued at $1,968,000 after purchasing an additional 554 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Alphabet by 1.4% in the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after buying an additional 2,304 shares in the last quarter. American National Bank of Texas acquired a new position in Alphabet during the third quarter worth $900,000. Northwestern Mutual Wealth Management Co. increased its holdings in Alphabet by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after buying an additional 42,028 shares during the last quarter. Finally, Tower View Wealth Management LLC raised its position in Alphabet by 6.9% during the second quarter. Tower View Wealth Management LLC now owns 27,644 shares of the information services provider’s stock worth $4,904,000 after acquiring an additional 1,776 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q3/Q4 earnings and company results flagged resiliency and upside vs. expectations — analysts point to strong ad and cloud performance that underpin near‑term earnings. Alphabet (GOOG) Reported Strong Results Despite AI Disruption
• Positive Sentiment: Google Gemini adoption is surging (massive YoY growth and market‑share gains vs. ChatGPT), a direct revenue/engagement tailwind for Search, YouTube and Cloud monetization. Google Gemini & YouTube: GOOGL Digital Fortresses to Fend Off ChatGPT
• Positive Sentiment: Cloud momentum and AI infrastructure (including custom chips) are driving >30% cloud growth and improving unit economics versus peers — supports longer‑term margin expansion. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026. Here’s My No.
• Positive Sentiment: Street sentiment is warming: heavy analyst upgrades and bullish price targets (MarketBeat/TipRanks highlight double‑digit upside and a consensus lift in coverage). The 5 Most Upgraded Stocks from 2025: Double-Digit Upside in 2026 (Alphabet coverage)
• Positive Sentiment: Corporate development win — SandboxAQ (Alphabet spin‑off) landed a major Bahrain cyber contract, showing diversification into government/security revenue streams. Alphabet (GOOGL) Spin Off SandboxAQ Wins Major Government Cyber Deal in Bahrain
• Neutral Sentiment: Market commentary notes Alphabet’s re‑rating into an AI growth multiple — supports higher targets but raises valuation sensitivity to AI execution and capex. Alphabet Isn’t a Search and Ad Company Anymore. Now It’s Valued Like an AI Stock
• Negative Sentiment: Regulatory/legal risk: reports indicate a DOJ probe tied to company DEI policies — an added political/regulatory overhang that could amplify volatility or lead to enforcement headlines. Trump’s Justice Department probes Google, Verizon over DEI policies, citing fraud law: report

Wall Street Analyst Weigh In

GOOG has been the subject of a number of analyst reports. Bank of America lifted their price objective on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Morgan Stanley boosted their price target on Alphabet from $210.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Guggenheim reaffirmed a “buy” rating and issued a $375.00 price objective on shares of Alphabet in a research report on Monday, December 1st. Finally, Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $313.04.

Alphabet Stock Performance

NASDAQ:GOOG opened at $314.54 on Wednesday. The stock has a 50 day simple moving average of $298.73 and a 200 day simple moving average of $242.31. The stock has a market cap of $3.80 trillion, a P/E ratio of 31.02, a PEG ratio of 1.81 and a beta of 1.07. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $328.67. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. During the same period in the prior year, the firm posted $2.12 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. Research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the sale, the director owned 3,916 shares of the company’s stock, valued at $1,206,872.04. The trade was a 13.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 17,829 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider owned 42,972 shares in the company, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 195,363 shares of company stock worth $57,024,525. 12.99% of the stock is currently owned by insiders.

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.