Alphabet Inc. $GOOG is DCF Advisers LLC’s 2nd Largest Position

DCF Advisers LLC lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 5.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 54,000 shares of the information services provider’s stock after selling 3,000 shares during the quarter. Alphabet accounts for about 3.4% of DCF Advisers LLC’s holdings, making the stock its 2nd biggest position. DCF Advisers LLC’s holdings in Alphabet were worth $19,080,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. West Family Investments Inc. acquired a new position in shares of Alphabet during the 2nd quarter worth $2,248,000. Knuff & Co LLC lifted its stake in shares of Alphabet by 18.8% in the second quarter. Knuff & Co LLC now owns 48,471 shares of the information services provider’s stock valued at $17,126,000 after purchasing an additional 7,670 shares during the period. Denali Advisors LLC lifted its stake in shares of Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after purchasing an additional 13,700 shares during the period. NewEdge Wealth LLC boosted its holdings in Alphabet by 9.2% during the second quarter. NewEdge Wealth LLC now owns 131,520 shares of the information services provider’s stock worth $46,470,000 after buying an additional 11,120 shares in the last quarter. Finally, Flossbach Von Storch SE boosted its holdings in Alphabet by 4.4% during the second quarter. Flossbach Von Storch SE now owns 2,338 shares of the information services provider’s stock worth $826,000 after buying an additional 99 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Roth Capital increased their target price on shares of Alphabet from $435.00 to $440.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Scotiabank reissued an “outperform” rating and set a $450.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. KeyCorp set a $445.00 price target on Alphabet in a report on Friday, July 10th. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, HSBC set a $515.00 price objective on Alphabet in a report on Friday, August 14th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $415.55.

Insider Buying and Selling

In other news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 451,945 shares of company stock valued at $12,382,714. 12.99% of the stock is owned by insiders.

Alphabet Stock Down 0.4%

GOOG stock opened at $343.34 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company’s 50 day simple moving average is $349.34 and its 200-day simple moving average is $339.79. Alphabet Inc. has a 12 month low of $206.39 and a 12 month high of $404.47. The firm has a market capitalization of $4.20 trillion, a PE ratio of 17.24, a P/E/G ratio of 0.97 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the previous year, the firm posted $2.31 EPS. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. Equities analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Enterprise AI expansion: Google launched Gemini Enterprise solutions for financial-services companies and law firms, including specialized agents, workflow tools, data connectors and third-party integrations. The products could support Google Cloud growth and deepen Alphabet’s competition with Microsoft, OpenAI and Anthropic in high-value enterprise markets. Google expands Gemini AI platform for law firms and lawyers
• Positive Sentiment: Waymo moves into Europe: Alphabet’s autonomous-driving unit will begin testing vehicles in Munich and plans to launch commercial driverless rides in Germany in 2027. Germany would be Waymo’s first European market and its third international market, expanding a potential long-term growth business. Waymo to launch driverless rides in Germany in 2027
• Positive Sentiment: AI infrastructure optimism: Reports that Google’s TPU shipments could nearly triple to 8.8 million by 2027 reinforce expectations that Alphabet can reduce reliance on Nvidia and potentially expand Google Cloud’s AI capacity and margins. Analysts and investment commentary also highlighted strong Cloud growth, improving profitability and continued Search and YouTube momentum. Google TPU volume could triple to 8.8 million by 2027
• Neutral Sentiment: Mixed market signals: U.S. consumer-confidence and new-home-sales misses pressured the broader market, while reports of billionaire and institutional interest in Alphabet provided a counterweight. A reported increase in short interest was not meaningful because the filing showed zero shares in both periods.
• Negative Sentiment: Investor investigation: Pomerantz LLP said it is investigating potential claims on behalf of Alphabet investors. The notice provided no substantive allegations, but securities-law investigations can add headline and litigation risk. Pomerantz investor alert
• Negative Sentiment: Capital-allocation concerns: Commentary flagged potentially negative free cash flow as Alphabet spends heavily on AI infrastructure. Separately, Virginia Retirement Systems reportedly reduced its GOOGL position by about 33%, an isolated institutional-selling signal that may weigh on sentiment.

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.