Leo Wealth LLC Makes New Investment in Alphabet Inc. $GOOGL

Leo Wealth LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 15,562 shares of the information services provider’s stock, valued at approximately $5,355,000. Alphabet comprises 1.1% of Leo Wealth LLC’s portfolio, making the stock its 20th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp lifted its stake in shares of Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Alphabet by 90.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after buying an additional 8,112,680 shares during the last quarter. Amundi boosted its holdings in shares of Alphabet by 12.7% in the first quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock worth $9,128,850,000 after buying an additional 3,574,810 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of Alphabet during the 2nd quarter worth $1,058,385,000. Finally, Nykredit A S bought a new stake in shares of Alphabet during the 2nd quarter valued at $1,004,749,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Guggenheim restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. The Goldman Sachs Group reiterated a “buy” rating and set a $385.00 target price on shares of Alphabet in a research report on Thursday. Yorkville Ives started coverage on Alphabet in a report on Monday, October 5th. They set an “outperform” rating and a $400.00 price target for the company. Wells Fargo & Company reduced their price target on Alphabet from $417.00 to $371.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Tigress Financial restated a “strong-buy” rating and issued a $485.00 price target (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $412.51.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI demand remain important growth drivers. Google Cloud revenue reportedly nearly doubled year over year to approximately $30.7 billion, while its backlog approached $561 billion. Analysts and bullish commentators argue that enterprise AI usage could eventually justify Alphabet’s infrastructure spending. Alphabet’s Cloud and AI outlook
• Positive Sentiment: Potential defense and cybersecurity contracts could diversify revenue. Alphabet is reportedly in preliminary discussions related to the Pentagon’s roughly $185 billion Golden Dome initiative. A finalized agreement could help monetize its AI infrastructure through sticky government and enterprise contracts, although no deal has been confirmed. Alphabet and Pentagon discussions
• Positive Sentiment: Debt-market demand suggests lenders remain confident in Alphabet. The company launched a roughly €6 billion bond sale, with reported orders substantially exceeding the amount offered. The financing provides additional capital for data centers, though it also highlights the scale of Alphabet’s spending needs. Alphabet bond sale
• Neutral Sentiment: Analysts and investors are divided. Some view the selloff as a valuation opportunity because Alphabet’s shares appear inexpensive relative to its growth potential, while others prefer to see evidence that AI spending is producing stronger cash returns.
• Negative Sentiment: AI spending is pressuring cash flow. Capital expenditures on chips, data centers and related infrastructure reportedly pushed free cash flow negative by about $9.1 billion for a second consecutive quarter. Management also expects spending to remain elevated, raising concerns about returns on invested capital and the need for external financing. Alphabet AI spending concerns
• Negative Sentiment: Core search growth and quarterly profitability disappointed. Search revenue reportedly grew about 12% to approximately $63 billion, as AI-generated answers threaten traditional advertising and user clicks. Alphabet also reported quarterly EPS of $2.12 versus a $3.02 consensus estimate, reinforcing fears that AI may disrupt its highest-margin business before new revenue streams mature.
• Negative Sentiment: Legal overhang has increased. Several law firms publicized securities class-action deadlines for investors who purchased Alphabet shares between May 19 and July 16, alleging undisclosed adverse information. The announcements may weigh on sentiment, although they do not establish liability. Alphabet securities lawsuit notice

Alphabet Stock Performance

NASDAQ GOOGL opened at $278.99 on Tuesday. The business has a 50-day moving average price of $337.75 and a 200-day moving average price of $339.89. The firm has a market cap of $3.41 trillion, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 0.94 and a beta of 1.21. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. 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 (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 46.63% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. As a group, equities research analysts predict that Alphabet Inc. will post 20.05 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 247 shares of company stock worth $79,238 over the last three months. Company insiders own 11.61% of the company’s stock.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.