Alphabet Inc. $GOOG Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.7% in 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 purchasing an additional 76,230 shares during the period. Alphabet makes up 2.2% of QRG Capital Management Inc.’s portfolio, making the stock its 8th biggest holding. QRG Capital Management Inc.’s holdings in Alphabet were worth $304,320,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in GOOG. Denali Advisors LLC grew its holdings in shares of Alphabet by 14.8% in the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after acquiring an additional 13,700 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of Alphabet by 1.0% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after purchasing an additional 2,850 shares during the last quarter. Heck Capital Advisors LLC lifted its holdings in shares of Alphabet by 298.2% during the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock valued at $7,854,000 after purchasing an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC acquired a new position in shares of Alphabet in the 1st quarter valued at $7,075,000. Finally, Sax Wealth Advisors LLC boosted its position 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 valued at $10,773,000 after purchasing an additional 3,575 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Down 3.6%

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

Alphabet (NASDAQ:GOOG) last announced 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. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same period last year, the company posted $2.31 EPS. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. On average, research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 450,875 shares of company stock worth $11,984,482. 12.99% of the stock is owned by company insiders.

Trending Headlines about Alphabet

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

Wall Street Analysts Forecast Growth

GOOG has been the topic of several recent analyst reports. BMO Capital Markets boosted their price objective on Alphabet from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. HSBC set a $515.00 target price on shares of Alphabet in a report on Friday, August 14th. Roth Capital lifted their target price on shares of Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley cut their price target on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Finally, Wedbush began coverage on shares of Alphabet in a research report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price target for the company. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $419.94.

About Alphabet

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.