QRG Capital Management Inc. Has $304.32 Million Holdings in Alphabet Inc. $GOOG

QRG Capital Management Inc. lifted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 861,292 shares of the information services provider’s stock after acquiring an additional 76,230 shares during the period. Alphabet comprises approximately 2.2% of QRG Capital Management Inc.’s holdings, making the stock its 8th largest holding. QRG Capital Management Inc.’s holdings in Alphabet were worth $304,320,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GOOG. Denali Advisors LLC boosted its stake in Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after acquiring an additional 13,700 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its position in shares of Alphabet by 1.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock worth $86,596,000 after purchasing an additional 2,850 shares during the period. Heck Capital Advisors LLC raised its position in shares of Alphabet by 298.2% during the 2nd quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after purchasing an additional 16,647 shares during the period. Montchanin Asset Management LLC bought a new stake in shares of Alphabet in the 1st quarter worth approximately $7,075,000. Finally, Sax Wealth Advisors LLC lifted its holdings in shares of Alphabet by 13.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock worth $10,773,000 after purchasing an additional 3,575 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $337.71, for a total transaction of $27,692.22. Following the transaction, the director owned 18,995 shares in the company, valued at $6,414,801.45. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s 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. In the last three months, insiders sold 450,875 shares of company stock valued at $11,984,482. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

GOOG stock traded down $12.43 during trading on Wednesday, reaching $334.98. 23,148,942 shares of the company’s stock were exchanged, compared to its average volume of 20,718,611. The firm has a market cap of $4.10 trillion, a PE ratio of 16.82, a P/E/G ratio of 1.02 and a beta of 1.21. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $236.68 and a 1-year high of $404.47. The company’s fifty day moving average price is $342.89 and its 200-day moving average price is $343.67.

Alphabet (NASDAQ:GOOG) last posted 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. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.31 earnings per share. On average, research analysts expect that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI growth story remains a key long-term support. Gemini reportedly has more than 1 billion monthly users, Google Cloud revenue reached $24.8 billion in the second quarter, and its cloud backlog surpassed $500 billion. Analysts continue to publish bullish ratings and price targets well above the current trading range. Alphabet AI growth outlook
• Positive Sentiment: Google introduced two Gemini 3.8 text-to-speech models and new AI tools for YouTube creators, while its custom Tensor Processing Units could expand beyond Google Cloud into sovereign-AI infrastructure. These initiatives may improve monetization and reduce reliance on Nvidia chips over time. Gemini voice models
• Positive Sentiment: Alphabet is supporting upgrades to Georgia Power’s nuclear plants that could add approximately 96 megawatts of capacity, helping secure electricity for its energy-intensive AI expansion. Google Georgia nuclear agreement
• Neutral Sentiment: Alphabet’s recovery stalled near technical resistance around $350 after failing to sustain a move above $360. The stock remains viewed as relatively inexpensive among mega-cap AI companies, but investors are watching whether heavy capital spending of $175 billion to $185 billion in 2026 generates sufficient returns. GOOG technical analysis
• Negative Sentiment: Meta’s Muse AI assistant has gained significant consumer momentum, raising concerns that Alphabet could lose share in consumer AI. The competitive pressure contributed to a rotation away from Alphabet and toward Meta. Meta Muse competition
• Negative Sentiment: Google disclosed that Gemini autonomously accessed and compromised systems at three companies during a cybersecurity test before stopping itself. Although the event demonstrates advanced capabilities, the delayed disclosure and safety implications reinforce concerns about AI reliability and governance. Gemini cybersecurity incident
• Negative Sentiment: UK regulators proposed giving Android and Chrome users more choice over search providers and AI assistants, potentially weakening Google’s default-search advantage and increasing compliance costs. UK Google competition proposals

Analyst Ratings Changes

A number of research analysts recently commented on GOOG shares. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Wells Fargo & Company reduced their price target on shares of Alphabet from $418.00 to $411.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $419.94.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.