Impax Asset Management Group plc Boosts Stock Holdings in Alphabet Inc. $GOOG

Impax Asset Management Group plc boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 5.0% during the second quarter, Holdings Channel.com reports. The firm owned 79,368 shares of the information services provider’s stock after buying an additional 3,797 shares during the period. Impax Asset Management Group plc’s holdings in Alphabet were worth $28,043,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. KilterHowling LLC grew its holdings in shares of Alphabet by 1.5% in the second quarter. KilterHowling LLC now owns 4,970 shares of the information services provider’s stock worth $1,756,000 after purchasing an additional 75 shares during the last quarter. Fairtree Asset Management Pty Ltd raised its holdings in Alphabet by 10.8% during the 2nd quarter. Fairtree Asset Management Pty Ltd now owns 35,518 shares of the information services provider’s stock valued at $12,550,000 after buying an additional 3,460 shares during the last quarter. Fischer Financial Services Inc. boosted its position in Alphabet by 7.6% during the 2nd quarter. Fischer Financial Services Inc. now owns 3,379 shares of the information services provider’s stock valued at $1,194,000 after buying an additional 238 shares during the period. Ninepoint Partners LP purchased a new stake in Alphabet during the 2nd quarter valued at $2,839,000. Finally, Advisors Capital Management LLC grew its holdings in Alphabet by 0.3% in the 2nd quarter. Advisors Capital Management LLC now owns 437,578 shares of the information services provider’s stock worth $154,610,000 after acquiring an additional 1,285 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction that occurred on 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 sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 451,843 shares of company stock worth $12,343,852 in the last ninety days. 12.99% of the stock is owned by company insiders.

Alphabet Price Performance

Shares of GOOG stock opened at $337.71 on Friday. The business’s fifty day moving average is $348.28 and its 200 day moving average is $339.95. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.13 trillion, a price-to-earnings ratio of 16.96, a PEG ratio of 0.95 and a beta of 1.23. Alphabet Inc. has a twelve month low of $206.96 and a twelve month high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.31 EPS. Research analysts expect that Alphabet Inc. will post 20.51 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 issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google employees are reportedly testing Gemini 3.8 Flash, suggesting a new model could launch soon and strengthen Alphabet’s competitive position in generative AI. The company also hired AI researcher Barret Zoph as a Google DeepMind research vice president. Google employees are already testing the next Gemini Flash AI model
• Positive Sentiment: Wolfe Research named Alphabet a top 2027 stock pick and set a $460 target, citing accelerating Google Cloud growth and expanding AI monetization opportunities. Analysts also highlighted strong advertising performance, including reported 14.4% second-quarter ad-revenue growth. Alphabet is a top 2027 stock pick
• Positive Sentiment: Google expanded AI Mode with tools to track flight prices and help users book hotels, potentially increasing commercial activity and supporting future search-related revenue. Google’s AI Mode can now track flight prices, help book hotels, and more
• Neutral Sentiment: Alphabet joined more than 100 technology companies in calling for coordinated defenses against rogue-AI cyber threats. The move may support responsible-AI efforts but also underscores growing scrutiny of the sector. Companies call for action to defend against rogue AI
• Negative Sentiment: The FTC is reportedly in the final stages of investigating whether YouTube violated consumer-protection laws by suspending users’ accounts and may prepare a lawsuit. Potential penalties, compliance costs and restrictions on YouTube’s policies are weighing on sentiment. US FTC probes YouTube over social media policies
• Negative Sentiment: Google agreed to pay approximately $353 million to settle a U.K. class-action lawsuit brought by app developers over fees, creating a direct financial charge and potentially raising concerns about additional platform-related claims. Google agrees to settle UK app developers’ lawsuit
• Negative Sentiment: Law firms including Pomerantz and Frank R. Cruz announced investigations into possible securities-law violations. These notices are typically investor-solicitation announcements rather than new findings, but they add to the negative legal-news flow. Pomerantz investor alert

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Truist Financial reduced their price target on Alphabet from $430.00 to $420.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Roth Capital lifted their price objective on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. TD Cowen reissued a “buy” rating and set a $475.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Cantor Fitzgerald restated an “overweight” rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, DZ Bank raised Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $415.55.

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.