Alphabet Inc. $GOOGL is Cooper Investors PTY Ltd.'s 9th Largest Position

Key Points

• Cooper Investors increased its Alphabet stake by 74.3% in the second quarter to 25,553 shares worth approximately $9.13 million, making Alphabet its ninth-largest holding and 4.2% of its portfolio.
• Alphabet reported quarterly EPS of $9.11, far exceeding the $2.89 consensus estimate, while revenue reached $119.8 billion. Analysts maintain an overall “Buy” rating with an average price target of $419.86.
• Alphabet’s AI momentum—including Gemini’s growth and expanding Google Cloud adoption—supports its outlook, but investors face risks from heavy data-center spending, infrastructure constraints, regulatory disputes and youth-addiction litigation.

Cooper Investors PTY Ltd. boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 74.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,553 shares of the information services provider's stock after acquiring an additional 10,889 shares during the quarter. Alphabet comprises 4.2% of Cooper Investors PTY Ltd.'s investment portfolio, making the stock its 9th biggest holding. Cooper Investors PTY Ltd.'s holdings in Alphabet were worth $9,132,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the 4th quarter valued at $32,000. EMC Capital Management purchased a new position in Alphabet during the 4th quarter worth $33,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet during the 4th quarter worth $38,000. Bard Associates Inc. purchased a new position in Alphabet during the 4th quarter worth $52,000. Finally, Kentucky Trust Co lifted its stake in shares of Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after acquiring an additional 100 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Trading Down 3.8%

NASDAQ:GOOGL opened at $343.80 on Wednesday. Alphabet Inc. has a 52-week low of $196.60 and a 52-week 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. The stock has a fifty day simple moving average of $354.94 and a 200-day simple moving average of $340.84. The company has a market capitalization of $4.20 trillion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.00 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders 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 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 4.42%.

Analyst Ratings Changes

GOOGL has been the topic of several analyst reports. Morgan Stanley set a $400.00 target price on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. HSBC reissued a "buy" rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Tuesday, June 2nd. Canaccord Genuity Group lifted their price objective on Alphabet from $415.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, April 30th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Alphabet in a research report on Monday, May 4th. Finally, Wells Fargo & Company set a $411.00 price target on Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $419.86.

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director owned 1,481 shares of the company's stock, valued at approximately $545,941.03. This represents a 41.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 600,547 shares of company stock valued at $16,255,540 in the last ninety days. Corporate insiders own 11.61% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Gemini app surpassed 1 billion monthly active users, marking a major distribution milestone that could strengthen Alphabet’s AI ecosystem, user engagement and monetization potential. Google's Gemini app surges to one billion users
• Positive Sentiment: Ryanair signed a five-year Google Cloud agreement to deploy Gemini and DeepMind models for crew scheduling and operational decisions, providing evidence of enterprise demand for Alphabet’s AI and cloud offerings. Ryanair signs five-year Google Cloud deal
• Positive Sentiment: Alphabet’s increased AI investment continues to attract investor interest, with analysts highlighting the company’s momentum and potential beneficiaries of its planned data-center spending. However, the scale of investment remains a key debate. Alphabet's Higher AI Spending Could Boost These ETFs
• Neutral Sentiment: Alphabet’s earnings influence on broader S&P 500 growth underscores its importance to market performance, but it also makes the stock more sensitive to shifts in technology-sector sentiment and portfolio positioning. Tech Stocks Have Stumbled
• Negative Sentiment: Alphabet remains exposed to more than 3,000 youth-addiction lawsuits alleging that social-media platforms were designed to harm young users. The litigation could create financial liability and increase regulatory pressure. Social media platforms still facing thousands of user addiction lawsuits
• Negative Sentiment: A French newspaper group asked regulators to investigate Google’s AI-generated search summaries, arguing they divert traffic from publishers. Similar disputes could raise compliance costs and threaten parts of Google’s search economics. French media asks French anti-trust watchdog to act on Google's AI
• Negative Sentiment: AI data centers face significant power and infrastructure constraints, adding execution risk to Alphabet’s large capital-spending plans and raising questions about returns on AI investment. AI's Next Bottleneck Isn't Chips, It's Power Infrastructure

About Alphabet

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.

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.

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