Howland Capital Management 13F: Cuts GOOGL Stake by $5.8M

Alphabet Inc. (GOOGL) business photo

Key Points

  • Howland Capital Management trimmed its Alphabet Inc. GOOGL holdings by 16,880 shares to end with 477,244 shares valued at $164.21 million in an October 22, 2026 filing.
  • Alphabet brings in $445.87 billion in trailing twelve month revenue with a net profit margin of 54.8% and heads toward its next earnings report on October 28, 2026.
  • Wall Street maintains a consensus strong buy rating on the tech giant with a mean target price of $430.33 across 54 analyst opinions.

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Howland Capital Management trimmed its stake in Alphabet Inc. (GOOGL) during the quarter, cutting its holdings by 16,880 shares according to a Form 13F filed with the SEC on October 22, 2026.

GOOGL Alphabet Inc.
$324.22 +3.08% year to date
Daily close · Oct 22, 2026

What Changed in Howland Capital Management's Alphabet Position

The fund lowered its investment by 3.4%, moving from 494,124 shares down to 477,244 shares. The remaining stake carried a reported value of $164,210,244 at the time of the filing. Alphabet shares closed at $324.22 on the filing date.

Other Institutional Activity in Alphabet

Other institutional investors also adjusted their positions in the search giant during the period. True North Advisors reduced its holdings by 51,781 shares, ending with 405,222 shares valued at $13,942,747 after a 56.1% cut. Perigon Wealth Management shed 15,808 shares, a 7.0% reduction that left it with 209,137 shares worth $71,959,796.

Alphabet Inc. Stock Down 3.2%

Alphabet shares recently traded around $324.21 as of October 23, 2026, sitting about equal to its closing price on the filing date. The stock trades roughly 20.7% below its 52-week high of $408.61 and about 30.1% above its 52-week low of $249.29.

Recent Earnings

Alphabet generates $445,865,984,000 in trailing twelve-month revenue alongside trailing earnings of $19.93 per share. The business posts a net profit margin of 54.8% and a return on equity of 48.7%, backed by a year-over-year revenue growth rate of 24.2%. Investors await the company's next financial results release scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $0.88 per share, which gives it a dividend yield of 0.26% alongside a payout ratio of 4.3%.

Insider Buying and Selling at Alphabet Inc.

Company insiders executed several transactions prior to the filing. Directors sold shares across multiple dates, including transactions by Kavitark Ram Shriram and John L Hennessy.

Analysts Set New Price Targets

Analyst firms updated their outlooks on the stock through October 2026. UBS, JP Morgan, Keybanc, BMO Capital, and Citizens issued ratings and targets ranging from $380.00 to $480.00.

About Alphabet

Alphabet Inc. operates major digital platforms and online services worldwide, spanning search engines, cloud computing, operating systems, and online advertising networks. Its primary businesses connect billions of users with information, media, and tools while driving enterprise technology solutions.

Bottom Line

Institutional adjustments in Alphabet highlight shifting portfolio strategies as market participants monitor upcoming financial results. Watch for the company's next earnings report on October 28, 2026, for further insight into revenue and profit trends.

Source: Howland Capital Management's 13F filing on $GOOGL (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts

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