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

Strategic Global Advisors LLC lifted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,011 shares of the information services provider’s stock after purchasing 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 position. Strategic Global Advisors LLC’s holdings in Alphabet were worth $32,525,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after acquiring an additional 4,110 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the period. Matrix Asset Advisors Inc. NY boosted its position in shares of Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after purchasing an additional 581 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Alphabet by 11.2% in the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after purchasing an additional 48,805 shares in the last quarter. Finally, United Bank increased its stake in shares of Alphabet by 6.9% in the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after purchasing an additional 3,120 shares in the last quarter. 40.03% of the stock is owned by institutional investors.

More Alphabet News

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 Transactions at Alphabet

In other news, Director John 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 transaction of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares in the company, valued at $545,941.03. This trade represents a 41.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 451,925 shares of company stock worth $12,371,544. 11.61% of the stock is currently owned by company insiders.

Alphabet Price Performance

GOOGL stock opened at $332.60 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company’s fifty day moving average price is $347.18 and its 200-day moving average price is $343.69. Alphabet Inc. has a one year low of $235.84 and a one year high of $408.61. The company has a market capitalization of $4.07 trillion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 0.96 and a beta of 1.22.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share 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, equities analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Analysts Set New Price Targets

GOOGL has been the topic of several recent analyst reports. Roth Capital restated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. KeyCorp upped their target price on shares of Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Rosenblatt Securities reiterated a “buy” rating and issued a $410.00 price target on shares of Alphabet in a research note on Thursday, September 3rd. Arete Research raised their price target on Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Cantor Fitzgerald restated 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. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus target price of $420.19.

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.