Mindset Wealth Management LLC Grows Stock Position in Alphabet Inc. $GOOG

Mindset Wealth Management LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOG) by 41.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 9,115 shares of the information services provider’s stock after buying an additional 2,663 shares during the period. Alphabet makes up 0.6% of Mindset Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Mindset Wealth Management LLC’s holdings in Alphabet were worth $3,221,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after purchasing an additional 8,128,234 shares during the period. State Street Corp raised its stake in shares of Alphabet by 0.5% in the fourth quarter. State Street Corp now owns 187,102,863 shares of the information services provider’s stock worth $58,712,878,000 after purchasing an additional 953,790 shares during the last quarter. Auto Owners Insurance Co lifted its holdings in shares of Alphabet by 38,409.2% during the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after purchasing an additional 179,369,280 shares during the period. J. Stern & Co. LLP lifted its holdings in shares of Alphabet by 28,482.8% during the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after purchasing an additional 111,699,704 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Alphabet by 1.1% in the fourth quarter. JPMorgan Chase & Co. now owns 100,602,893 shares of the information services provider’s stock valued at $31,569,189,000 after buying an additional 1,073,151 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Friday. Scotiabank reaffirmed an “outperform” rating and issued a $450.00 price objective (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Stifel Nicolaus set a $420.00 price objective on shares of Alphabet in a report on Wednesday, May 20th. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, TD Cowen reissued a “buy” rating and set a $475.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus target price of $415.55.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction 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. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 451,945 shares of company stock worth $12,382,714 in the last ninety days. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 0.6%

Alphabet stock opened at $341.45 on Tuesday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $197.46 and a 12 month high of $404.47. The stock’s 50 day simple moving average is $351.69 and its two-hundred day simple moving average is $339.66. The firm has a market cap of $4.18 trillion, a PE ratio of 17.15, a P/E/G ratio of 0.96 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping 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 business’s revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the company earned $2.31 EPS. Analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

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 given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major investors increased Alphabet holdings. Berkshire Hathaway reportedly added about $17 billion of Alphabet stock in the second quarter, while Stanley Druckenmiller, Seth Klarman, David Tepper, and other prominent investors also initiated or expanded positions. The buying signals confidence in Alphabet’s valuation and long-term AI opportunity. Berkshire Hathaway adds $17 billion to Alphabet stake
• Positive Sentiment: AI and cloud momentum remains a key bullish catalyst. Commentary highlighted Google Cloud’s 82% quarterly growth, a backlog exceeding $514 billion, Gemini’s reported one billion active users, and the potential for externally sold Tensor Processing Units to become a significant revenue stream beginning in 2027. Alphabet external TPU sales likely game changer
• Positive Sentiment: Alphabet is acquiring Spirit Airlines’ anonymized business data for $10 million. Google plans to use the data for product development and AI-model training; the transaction excludes customer records. The deal is financially small but supports Alphabet’s effort to improve AI systems with proprietary datasets. Google to buy Spirit Airlines business data
• Neutral Sentiment: Alphabet’s disclosed SpaceX investment has appreciated substantially. Reports estimate the stake is now worth roughly $94 billion, potentially strengthening investor perceptions of Alphabet’s investment portfolio, although the value is tied to SpaceX’s volatile private-market valuation. Alphabet SpaceX investment gains
• Negative Sentiment: AI infrastructure spending is creating cash-flow and financing concerns. Alphabet plans more than $200 billion in 2026 capital expenditures and is considering a record A$5 billion Australian bond offering to fund expansion. Investors are increasingly focused on whether future AI returns will justify the spending and additional debt. Alphabet Australian bond offering
• Negative Sentiment: Macro and competitive risks are tempering enthusiasm. ECB researchers warned that a sharp AI-stock correction is historically plausible, while some investors argued Alphabet is a materially different—and less attractive—company than it was two years ago. Viking Global also reportedly reduced its Alphabet position. ECB researchers warn of AI selloff

Alphabet Company 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.