Strategic Global Advisors LLC Has $32.52 Million Stock Position in Alphabet Inc. $GOOGL

Strategic Global Advisors LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 91,011 shares of the information services provider’s stock after acquiring an additional 3,036 shares during the period. Alphabet accounts for approximately 4.6% of Strategic Global Advisors LLC’s holdings, making the stock its 2nd largest holding. Strategic Global Advisors LLC’s holdings in Alphabet were worth $32,525,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. EMC Capital Management purchased a new position in shares of Alphabet in the 4th quarter worth approximately $33,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet during the 4th quarter valued at approximately $32,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet during the 4th quarter valued at $38,000. Bard Associates Inc. purchased a new stake in Alphabet during the 4th quarter valued at $52,000. Finally, Graney & King LLC lifted its position in Alphabet by 38.5% in the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock worth $64,000 after buying an additional 50 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Alphabet Trading Up 0.6%

GOOGL stock opened at $332.60 on Friday. Alphabet Inc. has a 12 month low of $235.84 and a 12 month high of $408.61. The firm’s 50-day moving average is $347.18 and its 200 day moving average is $343.69. The company has a market capitalization of $4.07 trillion, a PE ratio of 16.71, a P/E/G ratio of 0.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, research analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of analyst reports. Oppenheimer boosted their price objective on shares of Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Rosenblatt Securities restated a “buy” rating and issued a $410.00 target price on shares of Alphabet in a report on Thursday, September 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. UBS Group dropped their price target on shares of Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Finally, HSBC reiterated a “buy” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Tuesday, June 2nd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average target price of $420.19.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google announced plans to invest at least €13 billion (about $15 billion) in AI infrastructure and data centers in Finland over the next two years. The investment should expand capacity for Gemini, Search, Maps and YouTube while positioning Finland as a strategic, cooler-cost data-center hub. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Alphabet agreed to purchase a large share of a Finnish nuclear plant’s output through 2049. The long-term contract could make electricity costs more predictable and strengthen Google’s ability to power energy-intensive AI operations. Google nuclear power agreement
• Positive Sentiment: Accenture and Google Cloud are creating a group with 1,000 engineers to help customers deploy AI agents. The arrangement could accelerate enterprise adoption of Google Cloud and support future cloud revenue growth. Accenture and Google AI partnership
• Positive Sentiment: Analysts and market commentary remain constructive on Alphabet’s AI, cloud and quantum-computing exposure. Recent coverage also points to strong prior earnings and valuation support after the stock pulled back from its highs. Hyperscalers bet on AI and quantum
• Neutral Sentiment: Google introduced an easier Android password-manager migration process and agreed to buy one million rice-methane carbon credits from India’s Mitti Labs. These moves may support ecosystem engagement and sustainability goals but are unlikely to materially affect near-term financial results. Google Android password manager update
• Negative Sentiment: Investors remain concerned that heavy AI infrastructure spending will pressure free cash flow and returns on invested capital, despite strong Google Cloud growth. Alphabet ROIC and AI capital spending
• Negative Sentiment: Meta’s new paid AI agent, Muse, raised concerns that autonomous agents could bypass traditional search pages and reduce search advertising opportunities. Cathie Wood’s ARK Invest also reduced its Alphabet position while buying Meta shares, adding a negative sentiment signal. Meta Muse AI agent and Alphabet shares
• Negative Sentiment: Finnish opposition parties warned that Google’s expansion could strain local power supplies and raise energy prices, creating potential permitting and execution risks for the planned data-center buildout. Finland power-supply concerns

Insider Activity at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 451,925 shares of company stock worth $12,371,544. Company insiders own 11.61% of the company’s stock.

About Alphabet

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.