Advisor OS LLC Increases Position in Alphabet Inc. $GOOG

Key Points

• Advisor OS LLC increased its Alphabet position by 54.8% in the second quarter, purchasing 10,207 additional shares to hold 28,825 shares valued at approximately $10.2 million. Other institutional investors also raised their stakes, with institutional ownership reaching 27.26%.
• Alphabet reported quarterly earnings of $9.11 per share, far exceeding the $2.87 analyst consensus, while revenue rose 24.2% year over year to $119.8 billion. The company also declared a quarterly dividend of $0.22 per share.
• Analysts maintain a generally positive outlook, with a consensus “Buy” rating and a $415.55 price target, although several firms recently lowered their targets. Meanwhile, insiders sold 451,945 shares worth approximately $12.4 million over the past 90 days.

Advisor OS LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 54.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,825 shares of the information services provider's stock after purchasing an additional 10,207 shares during the quarter. Advisor OS LLC's holdings in Alphabet were worth $10,185,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Worldquant Millennium Advisors LLC lifted its position in Alphabet by 76.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider's stock worth $330,886,000 after buying an additional 806,681 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in Alphabet during the second quarter worth $658,000. Financial Advisors Network Inc. boosted its stake in Alphabet by 7.7% during the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider's stock worth $1,409,000 after buying an additional 565 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in Alphabet by 10.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider's stock valued at $6,618,000 after buying an additional 3,616 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.

Insider Activity at Alphabet

In other 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 sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Frances Arnold sold 82 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the transaction, the director directly owned 18,914 shares of the company's stock, valued at $6,305,738.46. The trade was a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 451,945 shares of company stock valued at $12,382,714 over the last 90 days. Insiders own 12.99% of the company's stock.

Alphabet Stock Performance

Shares of Alphabet stock opened at $341.70 on Thursday. Alphabet Inc. has a 52 week low of $197.46 and a 52 week high of $404.47. The business's fifty day simple moving average is $351.04 and its 200-day simple moving average is $339.72. The firm has a market cap of $4.18 trillion, a PE ratio of 17.16, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. 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:GOOG - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share 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 business had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $116.53 billion. During the same period in the prior year, the business posted $2.31 EPS. The company's revenue was up 24.2% compared to the same quarter last year. Equities analysts forecast that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Dividend Announcement

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI chip partnership expands: Marvell issued Alphabet a warrant to purchase up to 58.97 million shares, potentially representing roughly 6.7% of Marvell and valued at approximately $12.2 billion at the exercise price. The agreement deepens cooperation on custom chips supporting Google’s TPU ecosystem, strengthening Alphabet’s control over AI infrastructure and supply. Marvell Google AI chip deal
• Positive Sentiment: Waymo reaches a key commercialization milestone: Alphabet’s autonomous-vehicle unit opened its cheaper, next-generation robotaxi to all riders in Los Angeles, Phoenix, and San Francisco. Lower production and operating costs could improve Waymo’s path toward broader scale and eventual profitability. Waymo next-generation robotaxi expansion
• Positive Sentiment: Cloud momentum remains a major support: Google Cloud revenue reportedly rose 82% year over year to $24.8 billion in the latest quarter, outpacing Microsoft Azure and Amazon Web Services. The acceleration provides tangible evidence that AI demand is translating into revenue growth. Google Cloud growth comparison
• Positive Sentiment: Institutional endorsement: Berkshire Hathaway increased its Alphabet position by 45% during the second quarter, making it one of Berkshire’s largest holdings. The move may reinforce the view that Alphabet’s advertising, cloud, and AI businesses are undervalued relative to their growth prospects. Berkshire Alphabet investment
• Neutral Sentiment: Google introduced new AI-powered study tools across Search and Gemini, including interactive visuals, simulations, practice quizzes, and a student hub. The launches support product engagement and AI monetization, although near-term financial impact is unclear. Google AI study tools
• Negative Sentiment: AI spending is increasing leverage: Alphabet raised A$5.5 billion, or about $3.9 billion, in its first Australian-dollar bond sale as it funds an aggressive AI infrastructure buildout. Additional borrowing preserves cash flexibility but increases interest obligations and highlights investor concerns about whether AI returns will justify capital spending. Alphabet Australian bond sale
• Negative Sentiment: Gemini timing remains uncertain: Prediction-market traders see limited odds of Google releasing its delayed flagship Gemini Pro model before September, raising concerns about product execution and competitive pressure in generative AI. Gemini Pro release delay
• Negative Sentiment: A bankruptcy-court hearing on Google’s proposed $10 million purchase of Spirit Airlines’ internal business data was delayed until September 9 after a flight-attendants’ union objected over confidential information. The financial impact is small, but the dispute creates legal and reputational risk around AI training data. Spirit Airlines data sale court delay

Analysts Set New Price Targets

A number of brokerages have issued reports on GOOG. Oppenheimer reaffirmed an "outperform" rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. The Goldman Sachs Group reissued a "buy" rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. UBS Group reissued a "neutral" rating and issued a $379.00 price objective (down from $400.00) on shares of Alphabet in a report on Thursday, July 23rd. Cantor Fitzgerald restated an "overweight" rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, 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 note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Alphabet has a consensus rating of "Buy" and a consensus price target of $415.55.

About Alphabet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source