GLOBALT Investments LLC / GA 13F: Cuts GOOGL Stake by $945K

On October 27, 2026, GLOBALT Investments LLC trimmed its position in Alphabet Inc. (GOOGL), reducing its shares by 2,747 to a total of 95,620. This move is valued at approximately $32.9 million, according to the fund's latest Form 13F filing with the SEC.

GOOGL Alphabet Inc.

$316.80 ▲ +0.72% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in GLOBALT Investments' Alphabet Position

GLOBALT Investments reduced its stake in Alphabet by 2,747 shares, which is about a 2.79% decrease from its previous holding of 98,367 shares. This adjustment reflects a reported value of $32,901,078 in the fund's overall portfolio, which totals approximately $1.68 billion.

Where Alphabet Fits in GLOBALT Investments' Portfolio

Alphabet now represents about 1.95% of GLOBALT's total reported portfolio, ranking 11th among the 212 positions the fund holds.

Other Institutional Activity in Alphabet

Several other funds have also adjusted their positions in Alphabet. Local Pensions Partnership Investment reduced its holdings by 163,100 shares, ending with 1,185,147 shares worth about $407.9 million. Lanark Financial trimmed its stake by 7,304 shares, bringing its total to 49,260 shares valued at approximately $16.9 million. Highland Capital Management decreased its position by 21,699 shares, now holding 172,885 shares worth about $59.5 million.

Alphabet Inc. Stock Up 0.1%

Alphabet's stock closed at $320.58 on October 27, 2026, which is about equal to its recent trading price of $320.56. The shares are currently trading below their 50-day and 200-day moving averages, which are 6.4% and 6.1% lower, respectively. Additionally, the stock is down about 21.5% from its 52-week high of $408.61.

Recent Earnings

In its most recent earnings report, Alphabet reported a trailing twelve-month revenue of approximately $445.9 billion and an EPS of $19.93. The next earnings report is expected on October 28, 2026.

Dividend

Alphabet pays an annual dividend of $0.88 per share, which translates to a yield of 0.28%. The payout ratio is 4.3%.

Insider Buying and Selling at Alphabet Inc.

Several insiders have sold shares recently. Kavitark Ram Shriram, a director, sold 33,566 shares on July 18, 2025, for about $6.2 million. He also sold 26,000 shares on August 15, 2025, valued at approximately $5.3 million. Additionally, John L. Hennessy, another director, sold 600 shares on January 13, 2026, and again on February 13, 2026, for a total value of about $386,551.

Analysts Set New Price Targets

On October 14, 2026, UBS maintained a Neutral rating on Alphabet with a price target of $380.00. On October 15, JP Morgan also maintained an Overweight rating with a target of $425.00. Keybanc maintained an Overweight rating with a target of $410.00 on October 19, while BMO Capital set a target of $480.00 on October 20, maintaining an Outperform rating.

About Alphabet Inc.

Alphabet Inc. is a leading technology company based in Mountain View, California, that offers a wide range of products and services, including Google Search, YouTube, and Google Cloud. This recent position adjustment by GLOBALT Investments reflects ongoing changes in the market and investor sentiment towards the tech sector.

Bottom Line

Investors will want to watch for Alphabet's upcoming earnings report on October 28, 2026, for further insights into its performance. As several other funds have also adjusted their positions recently, market reactions may vary based on the earnings results.