Te Ahumairangi Investment Management Ltd Has $8.53 Million Holdings in Alphabet Inc. $GOOG

Te Ahumairangi Investment Management Ltd lifted its stake in Alphabet Inc. (NASDAQ:GOOG) by 15.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 24,130 shares of the information services provider’s stock after buying an additional 3,193 shares during the period. Alphabet comprises approximately 1.4% of Te Ahumairangi Investment Management Ltd’s portfolio, making the stock its 22nd biggest holding. Te Ahumairangi Investment Management Ltd’s holdings in Alphabet were worth $8,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mission Financial Group LLC bought a new position in Alphabet during the second quarter worth $1,186,000. Pinnacle Holdings LLC bought a new stake in Alphabet in the 2nd quarter valued at $3,808,000. LM Advisors LLC grew its position in Alphabet by 246.3% in the 2nd quarter. LM Advisors LLC now owns 135,276 shares of the information services provider’s stock worth $47,750,000 after purchasing an additional 96,215 shares during the last quarter. Davis Asset Management L.P. grew its position in Alphabet by 5.0% in the 2nd quarter. Davis Asset Management L.P. now owns 1,049,574 shares of the information services provider’s stock worth $370,846,000 after purchasing an additional 49,574 shares during the last quarter. Finally, First Nebraska Trust Co increased its holdings in shares of Alphabet by 0.5% during the 2nd quarter. First Nebraska Trust Co now owns 13,680 shares of the information services provider’s stock worth $4,834,000 after purchasing an additional 70 shares during the period. Institutional investors own 27.26% of the company’s stock.

Key Stories Impacting Alphabet

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

Alphabet Price Performance

NASDAQ:GOOG opened at $342.88 on Friday. The company has a 50-day moving average of $347.79 and a 200-day moving average of $339.97. The company has a market capitalization of $4.19 trillion, a price-to-earnings ratio of 17.22, a PEG ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 52 week low of $206.96 and a 52 week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The business 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 firm’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.31 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business 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 dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

Insider Buying and Selling

In other news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction that occurred 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 approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 451,843 shares of company stock valued at $12,343,852 over the last ninety days. Company insiders own 12.99% of the company’s stock.

Analysts Set New Price Targets

GOOG has been the subject of a number of research analyst reports. Rosenblatt Securities assumed coverage on shares of Alphabet in a research report on Thursday, August 20th. They set a “buy” rating for the company. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Oppenheimer restated an “outperform” rating and set a $400.00 price target (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a report on Thursday, July 23rd. Finally, KeyCorp set a $445.00 price objective on Alphabet in a report on Friday, July 10th. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $415.55.

Alphabet 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.