Glen Eagle Advisors LLC Has $2.66 Million Holdings in Alphabet Inc. $GOOG

Glen Eagle Advisors LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG) by 26.4% in the 1st quarter, HoldingsChannel reports. The fund owned 9,259 shares of the information services provider’s stock after buying an additional 1,933 shares during the quarter. Glen Eagle Advisors LLC’s holdings in Alphabet were worth $2,656,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Excelsior Advisor Network LLC lifted its position in shares of Alphabet by 5.5% during the first quarter. Excelsior Advisor Network LLC now owns 3,241 shares of the information services provider’s stock worth $930,000 after purchasing an additional 168 shares in the last quarter. Quantinno Capital Management LP increased its holdings in shares of Alphabet by 26.4% in the first quarter. Quantinno Capital Management LP now owns 3,153,752 shares of the information services provider’s stock valued at $904,686,000 after purchasing an additional 659,020 shares in the last quarter. Clough Capital Partners L P increased its holdings in shares of Alphabet by 22.0% in the first quarter. Clough Capital Partners L P now owns 211,491 shares of the information services provider’s stock valued at $60,668,000 after purchasing an additional 38,173 shares in the last quarter. SummitTX Capital L.P. raised its position in Alphabet by 102.0% in the 1st quarter. SummitTX Capital L.P. now owns 8,255 shares of the information services provider’s stock worth $2,368,000 after purchasing an additional 4,168 shares during the last quarter. Finally, Lazard Asset Management LLC raised its position in Alphabet by 19.7% in the 1st quarter. Lazard Asset Management LLC now owns 3,441,182 shares of the information services provider’s stock worth $987,137,000 after purchasing an additional 565,168 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong fundamentals are supporting the rebound. Alphabet’s latest quarter featured 24.2% revenue growth, an EPS beat, and an 82% year-over-year increase in Google Cloud revenue. Analysts and investors argue that AI adoption, Search resilience, YouTube growth, and improving cloud profitability can eventually justify the company’s large infrastructure investments. Alphabet: Buy The Capex-Caused Decline
• Positive Sentiment: Analyst and institutional backing remains constructive. Phillip Securities upgraded Alphabet to “strong buy,” while KeyCorp modestly raised its FY2028 EPS estimate. Asset Management One also added approximately 117,000 GOOGL shares, signaling continued institutional confidence despite recent volatility. Alphabet upgrade
• Positive Sentiment: YouTube expanded its monetization ecosystem. A multiyear agreement will bring Peacock content, including sports and entertainment programming, to YouTube Premium subscribers in the United States, potentially strengthening engagement and subscription value. YouTube and Peacock deal
• Neutral Sentiment: AI remains both the growth engine and the central debate. More than 1,100 technology employees urged governments to establish stronger AI-safety rules. The issue could increase compliance costs, but coordinated regulation may also benefit large, well-funded platforms such as Google over smaller competitors. AI safety plan
• Negative Sentiment: Capital-spending concerns continue to cap enthusiasm. Alphabet’s roughly $195 billion–$205 billion 2026 capex forecast has pushed free cash flow negative and raised questions about returns on AI infrastructure. Investors are looking for evidence that Cloud growth and AI monetization will outpace the spending burden.
• Negative Sentiment: European legal risks are escalating. Following a $1 billion Digital Markets Act fine, rivals could pursue as much as $10 billion in private damages claims, creating potential financial and operational pressure on Google’s European business. Google European damages claims

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the stock in a transaction dated 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 transaction, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The SEC filing for this sale provides additional information. Insiders have sold 285,049 shares of company stock valued at $10,051,351 over the last 90 days. Company insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of recent research reports. TD Cowen reiterated a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Scotiabank restated an “outperform” rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Rosenblatt Securities set a $393.00 target price on Alphabet in a research report on Thursday, July 23rd. Stifel Nicolaus set a $420.00 price target on Alphabet in a research note on Wednesday, May 20th. Finally, Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus target price of $410.09.

Alphabet Trading Up 1.8%

Shares of NASDAQ GOOG opened at $332.60 on Wednesday. The company’s 50 day simple moving average is $358.25 and its 200 day simple moving average is $337.68. Alphabet Inc. has a fifty-two week low of $188.70 and a fifty-two week high of $404.47. The firm has a market capitalization of $4.03 trillion, a P/E ratio of 16.71, a P/E/G ratio of 0.95 and a beta of 1.23. 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 (NASDAQ:GOOG) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.31 EPS. On average, analysts predict that Alphabet Inc. will post 19.79 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

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.