Journey Advisory Group LLC Acquires 3,778 Shares of Alphabet Inc. $GOOGL

Journey Advisory Group LLC boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,723 shares of the information services provider’s stock after purchasing an additional 3,778 shares during the period. Alphabet makes up approximately 2.1% of Journey Advisory Group LLC’s holdings, making the stock its 7th biggest position. Journey Advisory Group LLC’s holdings in Alphabet were worth $24,650,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. NewEdge Wealth LLC lifted its holdings in shares of Alphabet by 11.8% during the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock valued at $277,696,000 after buying an additional 93,293 shares during the last quarter. PFG Investments LLC increased its holdings in Alphabet by 2.6% in the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock worth $25,679,000 after buying an additional 2,269 shares during the last quarter. World Investment Advisors lifted its stake in Alphabet by 9.2% in the fourth quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock valued at $86,000,000 after acquiring an additional 23,107 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new position in shares of Alphabet during the 4th quarter valued at $28,902,000. Finally, Private Advisory Group LLC increased its position in Alphabet by 12.2% during the fourth quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider’s stock worth $7,736,000 after buying an additional 2,678 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Q2 results showed strong underlying demand, including an 82% surge in Google Cloud revenue and continued growth in Search and YouTube, reinforcing that its core businesses are still expanding. Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
• Positive Sentiment: Analysts at Barclays argued that a TPU-as-a-service offering could materially lift Alphabet’s long-term profitability, suggesting the market may be underestimating future AI monetization. TPU-As-A-Service could boost Google’s 2028 profit by over 15%: Barclays
• Positive Sentiment: Verizon signed a more than $1 billion dark-fiber deal to support Google’s data centers, underscoring ongoing infrastructure demand tied to Alphabet’s AI and cloud expansion. Verizon signs deal with Google worth over $1 billion
• Neutral Sentiment: Alphabet was included in a momentum screen highlighting stocks with strong earnings and favorable price trends, which is supportive but not a major stock-specific catalyst. 3 High-Momentum Stocks to Buy Now Before They Surge
• Neutral Sentiment: Short-interest data showed no meaningful short position, so this does not appear to be a major driver of the move.
• Negative Sentiment: Investors are worried that Alphabet’s AI spending is becoming too large, with the company increasing 2026 capex guidance and reporting negative free cash flow for the first time in years. Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Negative Sentiment: Alphabet also faced fresh regulatory pressure after the European Commission fined Google about $1 billion under the Digital Markets Act. Google hit with $1 billion EU fine, first under landmark rules
• Negative Sentiment: Waymo reportedly may try to end its partnership with Uber, which could create uncertainty around one of Alphabet’s autonomous-driving distribution channels. Waymo reportedly mulling a breakup with Uber

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $319.74 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 1.92. The business’s fifty day moving average price is $362.93 and its two-hundred day moving average price is $338.74. Alphabet Inc. has a fifty-two week low of $187.82 and a fifty-two week high of $408.61. The stock has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 51.32% and a net margin of 54.77%. As a group, analysts predict that Alphabet Inc. will post 17.59 EPS for the current fiscal year.

Alphabet Announces Dividend

The company 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 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Insider Activity

In related news, 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 transaction of $2,077,531.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director directly owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 159,415 shares of company stock worth $7,672,279 over the last ninety days. Corporate insiders own 11.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on GOOGL. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $425.00 target price on shares of Alphabet in a research report on Thursday. Stifel Nicolaus set a $420.00 price target on Alphabet and gave the stock a “buy” rating in a report on Thursday, April 30th. BNP Paribas Exane upped their price objective on shares of Alphabet from $390.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Finally, Bank of America increased their price objective on shares of Alphabet from $370.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average target price of $419.86.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.