Wilmington Savings Fund Society, FSB 13F: Cuts GOOGL Stake by $2.3M

Wilmington Savings Fund Society reduced its stake in Alphabet Inc. (GOOGL) by 6,685 shares during the quarter, according to a Form 13F filing with the SEC on October 23, 2026.

GOOGL Alphabet Inc.

$324.22 ▲ +3.08% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Wilmington Savings Fund Society's Alphabet Inc. Position

The fund trimmed its holdings by 6.2% to finish the period with 100,271 shares of the tech giant. That total was down from its previous count of 106,956 shares. The remaining stake carried a reported value of $34,501,246 at the time of the filing.

Other Institutional Activity in Alphabet Inc.

Other institutional managers adjusted their positions in Alphabet during the same filing window. Badgley Phelps Wealth Managers grew its holdings by 3,573 shares, ending with 307,656 shares worth about $105,858,152. BSN Capital Partners sold its entire stake of 271,250 shares. True North Advisors cut its position by 51,781 shares, leaving it with 40,522 shares valued at approximately $13,942,747. Perigon Wealth Management reduced its holdings by 15,808 shares to hold 209,137 shares worth about $71,959,796. Howland Capital Management trimmed its stake by 16,880 shares, wrapping up the period with 477,244 shares valued at roughly $164,210,244.

Alphabet Inc. Stock Down 4.3%

Alphabet shares closed at $320.21 on October 23, 2026, and recently traded at $320.25. The stock sits about 6.8% below its 50-day moving average of $343.47 and roughly 6.2% below its 200-day moving average of $341.32. The share price rests 27.2% above its 52-week low of $251.85 and 21.6% below its 52-week high of $408.61.

Recent Earnings

Alphabet posted robust financial results across the trailing twelve months, generating $445.87 billion in revenue and earnings of $19.93 per share. The business pulled in a net profit margin of 54.8% and achieved a return on equity of 48.7%. Its next earnings report is scheduled for October 28, 2026.

Dividend

Alphabet pays an annual dividend of $0.88 per share, which translates to a dividend yield of 0.27%. The payout ratio sits at a conservative 4.3% of earnings.

Insider Buying and Selling at Alphabet Inc.

Company insiders completed several transactions prior to the filing. Director Kavitark Ram Shriram sold 33,566 shares on July 18, 2025, at an average price of $185.76 for a total value of $6,235,220, followed by a sale of 26,000 shares on August 15, 2025, at $205.00 per share worth $5,330,000. Director John L Hennessy disposed of 600 shares on January 13, 2026, valued at $202,514, and another 600 shares on February 13, 2026, valued at $184,037.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. UBS maintained its Neutral rating with a price target of $380.00 on October 14, 2026. JP Morgan kept an Overweight rating and raised its target to $425.00 on October 15, 2026. Keybanc maintained an Overweight rating with a $410.00 target on October 19, 2026. BMO Capital kept an Outperform rating and lifted its target to $480.00 on October 20, 2026, while Citizens maintained a Market Outperform rating with a $450.00 target on October 22, 2026. Overall, the stock carries a consensus rating of Strong Buy and a mean price target of $429.12 across 54 analyst opinions.

About Alphabet Inc.

Alphabet operates core digital platforms including its Google search engine, Android operating system, YouTube, Gmail, and Google Cloud services. The company connects billions of users worldwide through consumer applications while serving businesses with cloud infrastructure and advertising tools.

Bottom Line

Institutional adjustments in Alphabet highlight shifting portfolio allocations as investors await the upcoming October 28 earnings report. Market participants will monitor the company's cloud growth and advertising revenue for fresh direction.