One Wealth Advisors LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 10.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,730 shares of the information services provider’s stock after purchasing an additional 1,770 shares during the period. One Wealth Advisors LLC’s holdings in Alphabet were worth $4,553,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp lifted its holdings in Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its position in Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after purchasing an additional 4,224,497 shares during the last quarter. Norges Bank purchased a new position in Alphabet in the second quarter worth $21,944,208,000. Finally, Invesco Ltd. grew its stake in Alphabet by 1.2% in the 2nd quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after purchasing an additional 503,306 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Analysts boosted targets and reiterated buys, supporting upside case for growth from AI and cloud — Daiwa lifted its target to $380 and President Capital lifted its target as well. Daiwa raises price target on Alphabet
- Positive Sentiment: EU granted unconditional antitrust approval for Google’s $32B acquisition of Wiz, removing a major regulatory obstacle for the company’s largest deal and supporting cloud/security growth expectations. EU clears Wiz acquisition
- Positive Sentiment: Waymo expanded fully autonomous service in Nashville, signaling progress in commercializing a core long-term growth area beyond advertising. Waymo goes fully autonomous
- Neutral Sentiment: Alphabet increased the size of a multi-part debt sale (reports say the raise topped $30B) as demand strengthened — provides funding for AI infrastructure but raises questions about capital structure and long-duration liabilities. Alphabet boosts debt sale above $30B
- Neutral Sentiment: Company offered voluntary exit packages to some business-unit employees — could reduce costs but also reflects strategic reorganization and execution risk. Google offers buyouts to some staff
- Negative Sentiment: Report that Google handed personal and financial data on a student/journalist to ICE (via subpoena not approved by a judge) raises privacy/regulatory and reputational risk. Google sent student data to ICE
- Negative Sentiment: European Publishers Council filed an EU antitrust complaint about Google’s AI Overviews, adding regulatory pressure around search/AI monetization. Publishers file antitrust complaint
- Negative Sentiment: Autodesk sued Google over alleged trademark infringement for AI video tools and other legal skirmishes/consumer-safety litigation are piling up — added litigation risk. Autodesk sues Google
- Negative Sentiment: High-profile critics and some investors flagged Alphabet’s century‑long debt issuance as worrisome; public comments (e.g., Michael Burry posts) add negative market sentiment. Michael Burry warns on Google
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Alphabet
Alphabet Stock Down 1.8%
Alphabet stock opened at $318.57 on Wednesday. The firm has a 50 day simple moving average of $321.85 and a 200 day simple moving average of $273.11. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00. The firm has a market capitalization of $3.84 trillion, a price-to-earnings ratio of 29.47, a P/E/G ratio of 1.78 and a beta of 1.09.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. On average, analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.
Alphabet Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Insider Buying and Selling
In other news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the sale, the chief executive officer directly owned 2,272,119 shares in the company, valued at $725,942,020.50. This represents a 1.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold 2,067,686 shares of company stock worth $105,352,291 over the last quarter. 11.55% of the stock is owned by corporate insiders.
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.
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