Alphabet Inc. $GOOG Shares Acquired by Fairtree Asset Management Pty Ltd

Key Points

• Fairtree Asset Management increased its Alphabet stake by 10.8% in the second quarter to 35,518 shares worth about $12.55 million, making Alphabet its fourth-largest holding. Institutional investors and hedge funds collectively own 27.26% of the stock.
• Alphabet reported quarterly earnings of $9.11 per share, far above 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, implying a 0.3% yield.
• Analysts maintain a consensus “Buy” rating with an average price target of $415.55, though several firms recently reduced targets and one downgraded the stock to “Hold.” Positive AI and cloud developments are balanced by regulatory investigations and a proposed $353 million U.K. settlement.

Fairtree Asset Management Pty Ltd lifted its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 10.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,518 shares of the information services provider's stock after buying an additional 3,460 shares during the quarter. Alphabet makes up 4.8% of Fairtree Asset Management Pty Ltd's holdings, making the stock its 4th largest position. Fairtree Asset Management Pty Ltd's holdings in Alphabet were worth $12,550,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. Providence Wealth Advisors LLC boosted its position in Alphabet by 0.3% in the 1st quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider's stock worth $3,094,000 after purchasing an additional 29 shares in the last quarter. One Charles Private Wealth Services LLC grew its stake in shares of Alphabet by 0.6% during the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider's stock worth $1,390,000 after purchasing an additional 29 shares during the period. Wisconsin Wealth Advisors LLC increased its holdings in shares of Alphabet by 1.3% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider's stock valued at $785,000 after purchasing an additional 29 shares in the last quarter. Cannon Financial Strategists Inc. increased its holdings in shares of Alphabet by 1.9% during the 4th quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider's stock valued at $499,000 after purchasing an additional 30 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its stake in shares of Alphabet by 2.3% in the 1st quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider's stock valued at $380,000 after purchasing an additional 30 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Alphabet stock opened at $337.71 on Friday. The stock has a market capitalization of $4.13 trillion, a P/E ratio of 16.96, a P/E/G ratio of 0.95 and a beta of 1.23. The company's fifty day moving average price is $348.28 and its 200 day moving average price is $339.95. 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 1 year low of $206.96 and a 1 year high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm's revenue for the quarter was up 24.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.31 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google employees are reportedly testing Gemini 3.8 Flash, suggesting a new model could launch soon and strengthen Alphabet’s competitive position in generative AI. The company also hired AI researcher Barret Zoph as a Google DeepMind research vice president. Google employees are already testing the next Gemini Flash AI model
• Positive Sentiment: Wolfe Research named Alphabet a top 2027 stock pick and set a $460 target, citing accelerating Google Cloud growth and expanding AI monetization opportunities. Analysts also highlighted strong advertising performance, including reported 14.4% second-quarter ad-revenue growth. Alphabet is a top 2027 stock pick
• Positive Sentiment: Google expanded AI Mode with tools to track flight prices and help users book hotels, potentially increasing commercial activity and supporting future search-related revenue. Google's AI Mode can now track flight prices, help book hotels, and more
• Neutral Sentiment: Alphabet joined more than 100 technology companies in calling for coordinated defenses against rogue-AI cyber threats. The move may support responsible-AI efforts but also underscores growing scrutiny of the sector. Companies call for action to defend against rogue AI
• Negative Sentiment: The FTC is reportedly in the final stages of investigating whether YouTube violated consumer-protection laws by suspending users’ accounts and may prepare a lawsuit. Potential penalties, compliance costs and restrictions on YouTube’s policies are weighing on sentiment. US FTC probes YouTube over social media policies
• Negative Sentiment: Google agreed to pay approximately $353 million to settle a U.K. class-action lawsuit brought by app developers over fees, creating a direct financial charge and potentially raising concerns about additional platform-related claims. Google agrees to settle UK app developers' lawsuit
• Negative Sentiment: Law firms including Pomerantz and Frank R. Cruz announced investigations into possible securities-law violations. These notices are typically investor-solicitation announcements rather than new findings, but they add to the negative legal-news flow. Pomerantz investor alert

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Cantor Fitzgerald restated an "overweight" rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Zacks Research downgraded shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Wolfe Research reissued an "outperform" rating on shares of Alphabet in a research note on Thursday. JPMorgan Chase & Co. dropped their target price on Alphabet from $460.00 to $420.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Finally, UBS Group restated a "neutral" rating and set a $379.00 target price (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $415.55.

Insider Activity at Alphabet

In related news, 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 sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The SEC filing for this sale provides additional information. Insiders sold 451,843 shares of company stock worth $12,343,852 over the last three months. Company insiders own 12.99% of the company's stock.

Alphabet Profile

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.

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