Alphabet Inc. $GOOG is Welch Capital Partners LLC NY’s 3rd Largest Position

Welch Capital Partners LLC NY lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 17.6% in the first quarter, HoldingsChannel.com reports. The fund owned 91,102 shares of the information services provider’s stock after selling 19,492 shares during the quarter. Alphabet comprises about 5.9% of Welch Capital Partners LLC NY’s investment portfolio, making the stock its 3rd biggest holding. Welch Capital Partners LLC NY’s holdings in Alphabet were worth $26,134,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Imprint Wealth LLC purchased a new position in shares of Alphabet during the 3rd quarter worth approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Bard Associates Inc. acquired a new stake in Alphabet during the 4th quarter valued at $41,000. Finally, Towne Trust Company N.A grew its holdings in Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after buying an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Activity

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,415 shares of company stock valued at $7,672,279 in the last three months. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Down 6.9%

GOOG stock opened at $318.34 on Friday. The company has a 50 day moving average price of $362.11 and a two-hundred day moving average price of $337.51. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market capitalization of $3.86 trillion, a P/E ratio of 15.99, a PEG ratio of 1.40 and a beta of 1.23. Alphabet Inc. has a one year low of $188.70 and a one year high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 57.20% and a net margin of 54.77%.The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same quarter in the prior year, the company posted $2.31 EPS. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. As a group, sell-side analysts expect that Alphabet Inc. will post 14.34 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet posted blockbuster Q2 results, with revenue up 24% to $119.8 billion and EPS of $9.11, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also remained strong.
• Positive Sentiment: Management and analysts said AI demand is still outpacing capacity, suggesting Alphabet’s spending is supporting long-term growth rather than just driving costs.
• Positive Sentiment: Several Wall Street firms kept bullish ratings or raised targets, saying the pullback may be creating an attractive entry point despite near-term volatility.
• Positive Sentiment: Alphabet disclosed a large stake in SpaceX, which some investors view as an additional valuable asset on the balance sheet.
• Neutral Sentiment: Alphabet announced a quarterly dividend of $0.22 per share, a modest capital-return move that is unlikely to be a major near-term driver given the stock’s much larger AI investment story.
• Neutral Sentiment: Several funds and institutions disclosed portfolio changes in GOOG, with some adding shares and others trimming, reflecting mixed but ongoing institutional interest.
• Neutral Sentiment: Google also rolled out small product updates such as selfie-video sign-in and easier iPhone-to-Android switching, which are positive for engagement but not material stock catalysts.
• Negative Sentiment: Investors are worried about Alphabet’s sharply higher capital spending guidance for 2026 and a first-ever quarterly negative free cash flow reading, raising concerns that AI investments may take longer to pay off.
• Negative Sentiment: Alphabet ended its long-running quarterly buyback pattern, which removes a steady source of support for the shares.
• Negative Sentiment: The company also faces fresh regulatory and legal pressure, including an about $1 billion EU antitrust fine and multiple securities-fraud investigations.
• Negative Sentiment: Reports of declining Google search traffic from AI overviews and concerns about publisher partnerships add another overhang to the core search business.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GOOG. Roth Capital boosted their price target on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday. DA Davidson dropped their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a research report on Thursday. BMO Capital Markets boosted their target price on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Wolfe Research set a $460.00 target price on shares of Alphabet in a research note on Thursday. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $410.09.

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.