Meeder Advisory Services Inc. Boosts Stock Holdings in Alphabet Inc. $GOOG

Meeder Advisory Services Inc. grew its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 117,008 shares of the information services provider’s stock after buying an additional 2,659 shares during the quarter. Alphabet accounts for approximately 1.4% of Meeder Advisory Services Inc.’s portfolio, making the stock its 17th largest holding. Meeder Advisory Services Inc.’s holdings in Alphabet were worth $33,565,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Imprint Wealth LLC bought a new position in Alphabet during the 3rd quarter worth approximately $31,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet in the fourth quarter valued at approximately $38,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the fourth quarter valued at approximately $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet during the fourth quarter valued at approximately $41,000. Finally, Towne Trust Company N.A boosted its stake in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $341.72, for a total value of $153,432.28. Following the completion of the transaction, the chief accounting officer owned 27,348 shares of the company’s stock, valued at approximately $9,345,358.56. The trade was a 1.62% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 159,415 shares of company stock worth $7,672,279. Insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on GOOG. Stifel Nicolaus set a $420.00 target price on shares of Alphabet in a research note on Wednesday, May 20th. BMO Capital Markets increased their price target on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays reissued an “overweight” rating and issued a $425.00 price target (up from $405.00) on shares of Alphabet in a report on Thursday. Rosenblatt Securities set a $393.00 price objective on shares of Alphabet in a research note on Thursday. Finally, Zacks Research upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $410.09.

Alphabet Stock Performance

NASDAQ:GOOG opened at $318.34 on Friday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm’s fifty day simple moving average is $362.11 and its 200 day simple moving average is $337.51. The stock has a market cap of $3.86 trillion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 1.40 and a beta of 1.23. Alphabet Inc. has a twelve month low of $188.70 and a twelve month high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 57.20%. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period last year, the company posted $2.31 EPS. As a group, research analysts predict that Alphabet Inc. will post 14.34 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet posted blockbuster Q2 results, with revenue up 24% to $119.8 billion and EPS of $9.11, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also remained strong.
• Positive Sentiment: Management and analysts said AI demand is still outpacing capacity, suggesting Alphabet’s spending is supporting long-term growth rather than just driving costs.
• Positive Sentiment: Several Wall Street firms kept bullish ratings or raised targets, saying the pullback may be creating an attractive entry point despite near-term volatility.
• Positive Sentiment: Alphabet disclosed a large stake in SpaceX, which some investors view as an additional valuable asset on the balance sheet.
• Neutral Sentiment: Alphabet announced a quarterly dividend of $0.22 per share, a modest capital-return move that is unlikely to be a major near-term driver given the stock’s much larger AI investment story.
• Neutral Sentiment: Several funds and institutions disclosed portfolio changes in GOOG, with some adding shares and others trimming, reflecting mixed but ongoing institutional interest.
• Neutral Sentiment: Google also rolled out small product updates such as selfie-video sign-in and easier iPhone-to-Android switching, which are positive for engagement but not material stock catalysts.
• Negative Sentiment: Investors are worried about Alphabet’s sharply higher capital spending guidance for 2026 and a first-ever quarterly negative free cash flow reading, raising concerns that AI investments may take longer to pay off.
• Negative Sentiment: Alphabet ended its long-running quarterly buyback pattern, which removes a steady source of support for the shares.
• Negative Sentiment: The company also faces fresh regulatory and legal pressure, including an about $1 billion EU antitrust fine and multiple securities-fraud investigations.
• Negative Sentiment: Reports of declining Google search traffic from AI overviews and concerns about publisher partnerships add another overhang to the core search business.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.