Franklin Resources Inc. Sells 1,427,313 Shares of Alphabet Inc. $GOOG

21 Nov 2025, 16:04 by Michael Walen · The Markets Daily

Franklin Resources Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 7.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,976,047 shares of the information services provider’s stock after selling 1,427,313 shares during the period. Alphabet comprises approximately 0.8% of Franklin Resources Inc.’s holdings, making the stock its 16th largest position. Franklin Resources Inc. owned approximately 0.15% of Alphabet worth $3,188,772,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. REDW Wealth LLC raised its stake in shares of Alphabet by 2.3% in the second quarter. REDW Wealth LLC now owns 2,410 shares of the information services provider’s stock worth $428,000 after purchasing an additional 54 shares during the last quarter. GDS Wealth Management boosted its position in shares of Alphabet by 2.4% during the second quarter. GDS Wealth Management now owns 2,325 shares of the information services provider’s stock valued at $412,000 after buying an additional 54 shares during the last quarter. ACT Advisors LLC. increased its holdings in Alphabet by 3.5% in the 2nd quarter. ACT Advisors LLC. now owns 1,625 shares of the information services provider’s stock worth $288,000 after buying an additional 55 shares in the last quarter. Moser Wealth Advisors LLC increased its holdings in Alphabet by 2.2% in the 2nd quarter. Moser Wealth Advisors LLC now owns 2,545 shares of the information services provider’s stock worth $451,000 after buying an additional 55 shares in the last quarter. Finally, LongView Wealth Management raised its position in Alphabet by 1.1% in the 2nd quarter. LongView Wealth Management now owns 5,126 shares of the information services provider’s stock worth $909,000 after buying an additional 56 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on GOOG shares. Oppenheimer raised their price target on shares of Alphabet from $300.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. TD Cowen increased their price objective on shares of Alphabet from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Scotiabank set a $336.00 target price on shares of Alphabet and gave the stock a “sector outperform” rating in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, October 8th. Finally, Wolfe Research boosted their target price on shares of Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $324.81.

Check Out Our Latest Report on GOOG

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total transaction of $8,129,875.00. Following the transaction, the chief executive officer directly owned 2,369,619 shares in the company, valued at approximately $592,760,192.85. The trade was a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total value of $694,638.90. Following the sale, the chief accounting officer directly owned 14,516 shares of the company’s stock, valued at $3,629,725.80. This represents a 16.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 195,452 shares of company stock valued at $49,255,209. 12.99% of the stock is owned by company insiders.

Alphabet Stock Performance

GOOG opened at $289.98 on Friday. The company’s 50 day moving average is $261.82 and its 200 day moving average is $212.97. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07. The company has a market cap of $3.50 trillion, a price-to-earnings ratio of 28.60, a PEG ratio of 1.86 and a beta of 1.05. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $306.89.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its earnings results 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. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 36.08%. The firm’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.12 earnings per share. On average, equities research analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 8th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Alphabet Company Profile

(Free Report)