Lcnb Corp Has $7.23 Million Holdings in Alphabet Inc. $GOOGL

Lcnb Corp lessened its position in Alphabet Inc. (NASDAQ:GOOGL) by 6.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 20,238 shares of the information services provider’s stock after selling 1,498 shares during the period. Alphabet accounts for about 2.2% of Lcnb Corp’s investment portfolio, making the stock its 12th largest holding. Lcnb Corp’s holdings in Alphabet were worth $7,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Essential Partners LLC boosted its holdings in Alphabet by 10.7% during the second quarter. Essential Partners LLC now owns 1,910 shares of the information services provider’s stock valued at $682,000 after acquiring an additional 185 shares during the period. Freedom Investment Management Inc. boosted its stake in Alphabet by 10.5% during the 2nd quarter. Freedom Investment Management Inc. now owns 1,148 shares of the information services provider’s stock valued at $410,000 after purchasing an additional 109 shares during the period. Empirical Asset Management LLC grew its holdings in Alphabet by 38.9% in the 2nd quarter. Empirical Asset Management LLC now owns 14,815 shares of the information services provider’s stock valued at $5,294,000 after buying an additional 4,149 shares during the last quarter. Catalyst Investment Management LLC increased its position in Alphabet by 61.9% in the 2nd quarter. Catalyst Investment Management LLC now owns 1,004 shares of the information services provider’s stock worth $359,000 after buying an additional 384 shares during the period. Finally, Palmer Knight Co acquired a new stake in shares of Alphabet in the second quarter worth $8,515,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 451,925 shares of company stock worth $12,371,544. Insiders own 11.61% of the company’s stock.

Alphabet Stock Up 0.6%

Shares of GOOGL opened at $337.12 on Thursday. The company has a market capitalization of $4.12 trillion, a P/E ratio of 16.93, a PEG ratio of 0.97 and a beta of 1.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a one year low of $224.79 and a one year high of $408.61. The business’s 50 day simple moving average is $349.02 and its 200-day simple moving average is $342.38.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. As a group, sell-side analysts predict that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A federal judge rejected the U.S. government’s request to force Google to sell its AdX advertising exchange, removing the immediate risk of a disruptive breakup. The ruling still requires Google to change certain ad-tech practices, but the decision preserves the structure of a highly profitable business. Google defeats US bid to force ad-tech sale
• Positive Sentiment: Berkshire Hathaway increased its Alphabet position by roughly $10 billion, with CEO Greg Abel describing Google as a significant AI player. The investment provides a high-profile vote of confidence in Alphabet’s AI capabilities and long-term growth prospects. Berkshire CEO comments on Alphabet AI investment
• Positive Sentiment: Alphabet is securing additional power for its expanding AI infrastructure. Google agreed to purchase approximately 400 megawatts of geothermal electricity from Fervo Energy for a Utah data center, while Eos Energy announced a battery-storage partnership tied to a planned $350 million West Virginia project. These agreements support data-center capacity growth and energy reliability. Google buys geothermal power from Fervo
• Positive Sentiment: Waymo expanded paid robotaxi service to Denver, San Diego and Tampa, bringing its operations to 14 U.S. cities. The rollout offers Alphabet investors evidence of increasing commercialization outside the core advertising business. Waymo expands robotaxi service
• Neutral Sentiment: Reports indicate Google may release Gemini 3.8 Flash this week, with internal testing showing improved coding performance. A stronger model could support Cloud and Workspace monetization, although the financial impact remains unproven. New Google AI model report
• Negative Sentiment: The antitrust ruling was not a complete victory: Google must implement undisclosed operational changes intended to address illegal practices and pressure on publisher ad rates. Regulatory scrutiny therefore remains a continuing risk to ad-tech economics. Federal judge declines to break up Google ad technology business
• Negative Sentiment: Investors continue to weigh Alphabet’s heavy AI infrastructure spending against uncertain returns. Competition from OpenAI and other AI providers, along with reported talent losses, could pressure Google Search and increase the cost of defending its market position. OpenAI advertising competition report

Analyst Ratings Changes

GOOGL has been the topic of several research analyst reports. Wells Fargo & Company set a $411.00 price target on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Roth Capital reaffirmed a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. HSBC reiterated a “buy” rating and issued a $420.00 target price (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Cantor Fitzgerald reissued an “overweight” rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $420.19.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.