Alphabet Inc. $GOOG Stock: Kimelman & Baird LLC Reduces Holdings

Kimelman & Baird LLC decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 30.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,415 shares of the information services provider’s stock after selling 3,184 shares during the quarter. Kimelman & Baird LLC’s holdings in Alphabet were worth $2,527,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American State Bank Iowa boosted its stake in shares of Alphabet by 2.8% in the third quarter. American State Bank Iowa now owns 6,135 shares of the information services provider’s stock valued at $2,090,000 after purchasing an additional 167 shares during the period. Cullinan Associates Inc. grew its holdings in shares of Alphabet by 14.3% in the third quarter. Cullinan Associates Inc. now owns 135,378 shares of the information services provider’s stock valued at $46,129,000 after purchasing an additional 16,981 shares in the last quarter. J. Derek Lewis & Associates Inc. increased its stake in Alphabet by 9.7% during the 3rd quarter. J. Derek Lewis & Associates Inc. now owns 6,392 shares of the information services provider’s stock worth $2,178,000 after buying an additional 565 shares during the period. Rayburn West Financial Services LLC increased its stake in Alphabet by 20.2% during the 3rd quarter. Rayburn West Financial Services LLC now owns 1,442 shares of the information services provider’s stock worth $491,000 after buying an additional 242 shares during the period. Finally, Uhlmann Price Securities LLC increased its stake in Alphabet by 2.7% during the 3rd quarter. Uhlmann Price Securities LLC now owns 18,396 shares of the information services provider’s stock worth $6,268,000 after buying an additional 485 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG opened at $286.01 on Tuesday. Alphabet Inc. has a 1 year low of $271.41 and a 1 year high of $404.47. The stock has a market capitalization of $3.50 trillion, a PE ratio of 14.93, a PEG ratio of 0.87 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock has a 50-day simple moving average of $328.65 and a 200-day simple moving average of $336.80.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.97 billion. During the same quarter in the previous year, the company posted $2.87 earnings per share. The firm’s quarterly revenue was up 24.7% on a year-over-year basis. On average, analysts predict that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GOOG. Raymond James Financial reiterated a “strong-buy” rating and set a $350.00 target price on shares of Alphabet in a report on Thursday, October 29th. Wells Fargo & Company set a $365.00 price target on shares of Alphabet in a research note on Monday, November 2nd. Rosenblatt Securities initiated coverage on shares of Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. New Street Research cut their price objective on Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, The Goldman Sachs Group reduced their price objective on Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Six research 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

Insider Buying and Selling

In other Alphabet news, 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 value of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. In the last ninety days, insiders have sold 247 shares of company stock worth $79,238. Insiders own 12.99% of the company’s stock.

Alphabet Profile

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.