Alphabet Inc. $GOOGL Shares Bought by Rothschild Capital Partners LLC

Key Points

• Rothschild Capital Partners increased its Alphabet position by 1.5% in the second quarter, purchasing 1,570 shares to hold 109,289 shares valued at approximately $39.1 million. Alphabet represents 9.6% of the firm’s portfolio and is its second-largest holding.
• Alphabet reported a strong latest quarter, with $9.11 in earnings per share and $119.8 billion in revenue, exceeding analyst estimates of $2.89 and $117.07 billion, respectively. Analysts maintain a consensus “Buy” rating with an average price target of $420.19.
• Investor interest is supported by Alphabet’s AI and cloud expansion, including a long-term nuclear-power agreement and the acquisition of AI startup Mechanize, although the company faces scrutiny over AI infrastructure spending, energy demand and a securities-law investigation.

Rothschild Capital Partners LLC lifted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,289 shares of the information services provider's stock after purchasing an additional 1,570 shares during the quarter. Alphabet comprises about 9.6% of Rothschild Capital Partners LLC's holdings, making the stock its 2nd biggest holding. Rothschild Capital Partners LLC's holdings in Alphabet were worth $39,057,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new stake in Alphabet during the 4th quarter worth approximately $32,000. EMC Capital Management acquired a new stake in shares of Alphabet in the fourth quarter valued at $33,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Alphabet in the fourth quarter valued at $38,000. Bard Associates Inc. purchased a new position in Alphabet in the fourth quarter valued at $52,000. Finally, iSAM Funds UK Ltd purchased a new position in Alphabet in the third quarter valued at $53,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google agreed to secure nuclear power for 22 years, reportedly locking in roughly half of a plant’s output through 2049. The deal could provide more predictable electricity costs and reliable power for energy-intensive AI data centers, strengthening Alphabet’s infrastructure position. Alphabet Jumps 2.5% After Locking In 22 Years of Nuclear Power
• Positive Sentiment: Google completed its acquisition of AI startup Mechanize in a deal reportedly valued at more than $1.5 billion. Mechanize’s former CEO and other employees are joining Google, potentially adding talent focused on AI agents and automation. Google just completed its $1.5 billion-plus deal for AI startup Mechanize
• Positive Sentiment: Investor commentary highlighted Alphabet’s strong AI and cloud outlook. Google Cloud is reportedly growing 82% year over year, while Alphabet’s Gemini technology is expanding into professional video-editing software, supporting the case that AI can broaden enterprise revenue beyond search advertising. Microsoft Vs. Alphabet: The Enterprise Fight No One Saw Coming
• Positive Sentiment: Recent coverage continues to present Alphabet as attractively valued relative to its growth prospects. The company’s latest reported quarter exceeded expectations, with earnings of $9.11 per share versus a $2.89 consensus estimate and revenue of $119.8 billion versus $117.07 billion expected.
• Neutral Sentiment: Alphabet’s inclusion among major AI and cloud beneficiaries, along with Berkshire Hathaway’s reported position in the company, may support investor interest but does not represent a new operating catalyst. Berkshire Hathaway Has a New Top Holding, and It Dominates Its Market
• Negative Sentiment: A law firm said it is continuing an investigation into possible federal securities-law violations involving Alphabet. The announcement does not establish wrongdoing, but it introduces a potential legal and reputational overhang. Securities Fraud Investigation Into Alphabet Continues
• Negative Sentiment: Alphabet faces scrutiny over the scale of AI infrastructure spending, potential financing pressure across the AI industry, and electricity-demand concerns related to new data centers. Finland opposition parties have warned that Google’s expansion could strain local power supplies and raise energy costs. Finland Risks Strained Power Supply After Google AI Deal

Alphabet Stock Performance

Shares of GOOGL stock opened at $338.50 on Friday. The stock's 50-day moving average price is $346.75 and its 200 day moving average price is $343.66. 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 market capitalization of $4.14 trillion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 0.98 and a beta of 1.22. Alphabet Inc. has a 52-week low of $235.84 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. 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 the consensus estimate of $117.07 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 20.52 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared 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. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet's payout ratio is 4.42%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. KeyCorp upped their price target on Alphabet from $425.00 to $445.00 and gave the stock an "overweight" rating in a report on Friday, July 10th. Wedbush reaffirmed an "outperform" rating and issued a $445.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Cantor Fitzgerald reaffirmed 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, DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $420.19.

Insider Activity

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 451,925 shares of company stock valued at $12,371,544. Company insiders own 11.61% of the company's stock.

Alphabet Profile

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet's largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.

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