Duncker Streett & Co. Inc. Has $17.46 Million Stock Holdings in Alphabet Inc. $GOOGL

Duncker Streett & Co. Inc. lessened its position in Alphabet Inc. (NASDAQ:GOOGL) by 2.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,726 shares of the information services provider’s stock after selling 1,544 shares during the quarter. Alphabet accounts for 3.3% of Duncker Streett & Co. Inc.’s portfolio, making the stock its 3rd largest position. Duncker Streett & Co. Inc.’s holdings in Alphabet were worth $17,462,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. EMC Capital Management purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $33,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet during the fourth quarter valued at approximately $32,000. PMV Capital Advisers LLC purchased a new stake in shares of Alphabet in the fourth quarter worth approximately $38,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Alphabet in the fourth quarter worth approximately $38,000. Finally, Bard Associates Inc. bought a new stake in shares of Alphabet during the 4th quarter worth approximately $52,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Down 4.4%

Shares of NASDAQ:GOOGL opened at $354.46 on Friday. The business’s 50 day moving average is $369.97 and its 200 day moving average is $337.91. The stock has a market cap of $4.29 trillion, a P/E ratio of 27.04, a price-to-earnings-growth ratio of 1.58 and a beta of 1.24. Alphabet Inc. has a 52-week low of $180.48 and a 52-week high of $408.61. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Sell-side analysts predict that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, June 8th. Alphabet’s payout ratio is 6.71%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Bank of America said Alphabet could beat second-quarter expectations, citing strength in Google Cloud and a potential boost from its Anthropic stake; the firm raised estimates and kept a bullish view. Alphabet could crush estimates on Cloud strength, Anthropic windfall: BofA
• Positive Sentiment: Multiple analysts reiterated constructive views on Alphabet ahead of earnings, with reports highlighting earnings growth, price strength, and a favorable setup for the upcoming results. Alphabet Set for Solid Quarterly Results on Cloud Strength, BofA Says
• Positive Sentiment: Warren Buffett’s comments that he initiated Berkshire Hathaway’s Alphabet investment added a sentiment boost, reinforcing confidence in the stock’s long-term appeal. Warren Buffett tells CNBC he initiated Berkshire Hathaway’s investment in Alphabet
• Positive Sentiment: Google also unveiled product updates in AI Mode and Google Vids, which support the view that Alphabet is still expanding its AI ecosystem and monetization opportunities. Google’s AI Mode now lets you link and interact with select apps
• Neutral Sentiment: Alphabet remains a major earnings watch name ahead of next week’s report, with investors focused on Cloud growth, Search resilience, and capital spending trends.
• Negative Sentiment: Bloomberg reported that Google’s Gemini 3.5 Pro AI model is months behind schedule and has fallen short of internal coding goals, raising questions about execution in a key AI product area. Google Gemini launch delayed as tech falls short of internal goals, Bloomberg News reports
• Negative Sentiment: The European Union issued new rules requiring Google to share more search data and open Android to rival AI companies, adding to Alphabet’s regulatory overhang in Europe. Google required to open up to AI, search engine rivals under EU-mandated changes
• Negative Sentiment: Law firms also announced a securities fraud investigation tied to the AI delay report, which can increase investor caution and volatility around the stock. Securities Fraud Investigation Into Alphabet Inc. (GOOG) Announced

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the transaction, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 159,415 shares of company stock valued at $7,672,279 over the last three months. 11.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Arete Research boosted their price objective on Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a report on Monday, May 18th. Wells Fargo & Company reduced their target price on Alphabet from $435.00 to $416.00 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd. Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Piper Sandler reiterated an “overweight” rating and set a $445.00 target price (up from $425.00) on shares of Alphabet in a research report on Monday, June 1st. Finally, Morgan Stanley reissued an “overweight” rating and set a $415.00 target price (up from $375.00) on shares of Alphabet in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Alphabet has an average rating of “Moderate Buy” and an average price target of $413.73.

Alphabet 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.