OMERS ADMINISTRATION Corp Has $243.60 Million Position in Alphabet Inc. $GOOG

OMERS ADMINISTRATION Corp lifted its position in Alphabet Inc. (NASDAQ:GOOG) by 192.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 689,431 shares of the information services provider’s stock after acquiring an additional 453,597 shares during the period. Alphabet makes up approximately 1.5% of OMERS ADMINISTRATION Corp’s holdings, making the stock its 16th biggest holding. OMERS ADMINISTRATION Corp’s holdings in Alphabet were worth $243,597,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Leigh Baldwin & CO. LLC increased its stake in Alphabet by 4.5% in the second quarter. Leigh Baldwin & CO. LLC now owns 11,476 shares of the information services provider’s stock valued at $4,055,000 after purchasing an additional 497 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of Alphabet by 2.4% during the second quarter. Sanctuary Advisors LLC now owns 545,107 shares of the information services provider’s stock worth $192,603,000 after purchasing an additional 12,767 shares in the last quarter. Biondo Investment Advisors LLC increased its position in shares of Alphabet by 17.7% in the 2nd quarter. Biondo Investment Advisors LLC now owns 3,246 shares of the information services provider’s stock valued at $1,147,000 after buying an additional 489 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in Alphabet by 0.7% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 38,398 shares of the information services provider’s stock worth $13,567,000 after buying an additional 269 shares during the period. Finally, Arete Wealth Advisors LLC lifted its holdings in Alphabet by 41.2% during the second quarter. Arete Wealth Advisors LLC now owns 35,705 shares of the information services provider’s stock worth $12,616,000 after acquiring an additional 10,422 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI products are broadening Alphabet’s growth story. Google is expanding AI Mode with flight-price tracking, hotel-booking assistance and loyalty-point comparisons, while Gemini’s new “Personal Intelligence” features are making AI assistance more accessible to mainstream users. A potential Gemini 3.8 Flash release and the hiring of former OpenAI executive Barret Zoph further reinforce Alphabet’s competitive AI position. Google AI Mode article
• Positive Sentiment: Cloud momentum and AI infrastructure remain key bullish catalysts. Analysts point to surging Google Cloud revenue, AI adoption and a reported $514 billion backlog as evidence that Alphabet is gaining ground on Microsoft and Amazon. Wolfe Research named Alphabet a top 2027 pick and set a $460 target, citing accelerating cloud growth. Alphabet’s expanded custom-chip relationship with Marvell could also strengthen its TPU ecosystem and reduce reliance on outside suppliers over time. Google Cloud growth article
• Neutral Sentiment: Technical and valuation commentary is broadly supportive but not a new fundamental catalyst. Analysts continue to view GOOG favorably, and technical analysis identifies support near a key moving-average level. However, the stock remains below its 50-day average, suggesting investors are still weighing growth against execution risks. Alphabet technical analysis
• Negative Sentiment: Regulatory and litigation overhangs persist. Google changed its European spam-policy enforcement to avoid a potential antitrust fine, a concession that may reduce near-term financial risk but could constrain search operations. Alphabet also agreed to a roughly $353 million UK Play Store settlement, while the FTC is reportedly considering a lawsuit over YouTube account suspensions. Multiple law firms separately announced securities-fraud investigations, though these notices do not establish wrongdoing. Google EU spam policy article
• Negative Sentiment: Investors remain alert to the cost of the AI race. Reports that major technology companies have approximately $3 trillion in off-balance-sheet AI commitments, alongside Alphabet’s heavy capital spending and negative free cash flow concerns, could pressure future returns if AI monetization lags investment. Big Tech AI spending article

Analysts Set New Price Targets

GOOG has been the subject of a number of research analyst reports. Raymond James Financial reissued a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 27th. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. 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. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $415.55.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. The trade was a 41.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders sold 451,843 shares of company stock valued at $12,343,852 over the last three months. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Alphabet stock opened at $342.88 on Monday. 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 firm has a 50-day moving average of $347.79 and a 200-day moving average of $340.08. The company has a market cap of $4.19 trillion, a price-to-earnings ratio of 17.22, a P/E/G ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a one year low of $206.96 and a one year high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same period in the previous year, the business earned $2.31 EPS. Alphabet’s revenue for the quarter was up 24.2% compared to the same quarter last year. On average, equities analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 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.