Hamilton Wealth LLC Acquires 206,700 Shares of Alphabet Inc. $GOOGL

Hamilton Wealth LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL) by 196.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 311,673 shares of the information services provider’s stock after buying an additional 206,700 shares during the period. Alphabet makes up approximately 6.4% of Hamilton Wealth LLC’s holdings, making the stock its 4th biggest position. Hamilton Wealth LLC’s holdings in Alphabet were worth $89,625,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Alexander Labrunerie & CO. Inc. increased its holdings in shares of Alphabet by 1.8% during the 1st quarter. Alexander Labrunerie & CO. Inc. now owns 9,303 shares of the information services provider’s stock valued at $2,675,000 after acquiring an additional 165 shares during the last quarter. Financial Insights Inc. acquired a new stake in Alphabet in the 1st quarter worth approximately $932,000. Janus Henderson Group PLC boosted its position in Alphabet by 20.9% during the first quarter. Janus Henderson Group PLC now owns 3,078,924 shares of the information services provider’s stock worth $885,388,000 after purchasing an additional 531,699 shares during the period. Bull Harbor Capital LLC bought a new position in shares of Alphabet in the first quarter valued at approximately $2,136,000. Finally, Strategic Investment Advisors MI boosted its holdings in shares of Alphabet by 23.3% during the 1st quarter. Strategic Investment Advisors MI now owns 52,738 shares of the information services provider’s stock worth $15,206,000 after buying an additional 9,970 shares during the period. Institutional investors own 40.03% of the company’s stock.

Insider Activity

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were 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. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 600,547 shares of company stock valued at $16,255,540 over the last three months. 11.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on GOOGL. China Renaissance boosted their price objective on Alphabet from $400.00 to $485.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Loop Capital lifted their price target on Alphabet from $355.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Pivotal Research restated a “buy” rating and issued a $475.00 price objective (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Barclays reaffirmed an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, HSBC reissued a “buy” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Tuesday, June 2nd. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus target price of $419.86.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $357.75 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The business’s fifty day moving average price is $356.20 and its two-hundred day moving average price is $340.31. Alphabet Inc. has a fifty-two week low of $194.33 and a fifty-two week high of $408.61. The stock has a market capitalization of $4.38 trillion, a price-to-earnings ratio of 17.97, a price-to-earnings-growth ratio of 1.02 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. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. As a group, analysts predict that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is 4.42%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is seeking up to $25 billion through a 10-part U.S. bond offering, with reports indicating orders could exceed $115 billion. The strong demand suggests investors and lenders remain confident in Alphabet’s credit profile, while the funds will support AI data centers, computing capacity and other corporate needs. Alphabet seeks up to $25 billion from its latest bond sale
• Positive Sentiment: AI demand continues to create growth opportunities for Google Cloud. AI lab Mirendil signed a multiyear agreement worth more than $100 million for Google Cloud computing capacity, reinforcing demand for Alphabet’s infrastructure and services. Mirendil signs Google Cloud deal
• Neutral Sentiment: Demis Hassabis is moving from day-to-day leadership of Google DeepMind to become Alphabet’s chief scientist and chair of DeepMind, with a focus on long-term research, artificial general intelligence and Isomorphic Labs. Management says the change is intended to improve coordination between research and commercialization. Demis Hassabis new role
• Negative Sentiment: Investors remain concerned that Hassabis’ reduced operating role, combined with the departure of longtime chief scientist Jeff Dean and other senior researchers, could weaken Alphabet’s ability to retain talent and compete in frontier AI. The leadership changes followed concerns about delays in Google’s next-generation Gemini products. Google AI leadership departures
• Negative Sentiment: The debt offering highlights the scale of Alphabet’s AI spending. Although borrowing can preserve cash for operations, it increases interest obligations and intensifies scrutiny over whether future AI revenue will justify the substantial capital investment. Alphabet bond offering and AI spending
• Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over potential effects on water supplies and wildlife, creating possible permitting, reputational and construction risks. Google India data center environmental concerns

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.