Montrusco Bolton Investments 13F: Cuts GOOGL Stake by $49M

Montrusco Bolton Investments has cut its position in Alphabet Inc. (GOOGL) as of its latest 13F filing, reducing its stake by 141,633 shares. This leaves the fund with 951,981 shares valued at approximately $327.6 million. The filing reflects holdings as of the reporting period ended June 30, 2026, and may not represent the investor's current position. This cut represents a 12.95% decrease in their overall stake.

Other Institutional Activity in Alphabet Inc.

Several other large institutional investors have been active with Alphabet in the same quarter. BlackRock Inc. grew its holdings by 13,990,545 shares, ending with 460,972,803 shares worth about $156.8 billion. Vanguard Capital Management LLC added 4,690,439 shares, increasing its total to 382,951,664 shares valued at around $130.2 billion. Meanwhile, FMR, LLC increased its stake by 14,169,043 shares to reach 250,714,005 shares worth approximately $85.3 billion. State Street Corporation also raised its holdings by 12,715,889 shares, totaling 238,977,259 shares valued at about $81.3 billion. In contrast, Geode Capital Management, LLC trimmed its position by 1,807,439 shares, leaving it with 150,078,198 shares worth approximately $51.0 billion.

Alphabet Inc. Stock Down 2.2%

Alphabet shares are currently trading at $339.95, down from the previous close of $347.64. The stock is hovering near its 50-day moving average of $344.92 and well above its 52-week low of $244.15. The recent price movement is an important factor to consider as institutional investors adjust their positions.

Recent Earnings

In its most recent earnings report for the quarter ended June 30, 2026, Alphabet posted revenue of $445.9 billion, representing a 24.2% growth. The company achieved earnings per share of $19.93, with a net margin of 54.77%. The next earnings report is expected on October 28, 2026.

Dividend

Alphabet Inc. pays a dividend with an annual rate of $1.00, which gives it a yield of 0.25%. This marks a low payout ratio of about 4.26%, indicating that the company retains most of its earnings for growth.

Insider Buying and Selling at Alphabet Inc.

Recent insider trades include John L. Hennessy, a Director, who sold 600 shares on February 13, 2026, for a value of approximately $184,037. Hennessy sold another 600 shares on January 13, 2026, valued at around $202,514. Director Kavitark Ram Shriram sold 26,000 shares on August 15, 2025, for about $5.33 million and 33,566 shares on July 18, 2025, for approximately $6.23 million.

Analysts Set New Price Targets

Analysts have updated their price targets for Alphabet Inc. recently. On October 15, 2026, JP Morgan maintained an Overweight rating with a target of $425.00. UBS also maintained a Neutral rating with a target of $380.00 on October 14, 2026. Cantor Fitzgerald reiterated its Overweight rating with a target of $420.00 on October 12, 2026. Needham maintained a Buy rating with a target of $450.00 on October 8, 2026. Wells Fargo upheld an Overweight rating with a target of $417.00 on October 6, 2026. The consensus among analysts suggests a strong buy recommendation, with a mean price target of $430.51 from 54 opinions.

About Alphabet Inc.

Alphabet Inc. is a major player in the technology sector, primarily known for its Google Services, which include products like Google Search, YouTube, and Google Cloud. The company has a significant global presence and continues to innovate across various platforms and services.

Bottom Line

Investors should keep an eye on Alphabet as it prepares for its upcoming earnings report on October 28, 2026. The recent 13F filing from Montrusco Bolton Investments shows a strategic reduction in its holdings, while other institutions are increasing theirs. This dynamic could reflect differing outlooks on the company's future performance.