Alphabet Inc. $GOOGL Shares Sold by Generation Investment Management LLP

Key Points

• Generation Investment Management reduced its Alphabet stake by 1.8%, selling 36,079 shares and retaining 1,997,385 shares worth approximately $713.8 million. Alphabet remains the firm’s sixth-largest holding and represents 6.9% of its portfolio.
• Alphabet reported strong quarterly results, with earnings of $9.11 per share and revenue of $119.8 billion, exceeding analyst expectations. The company also declared a quarterly dividend of $0.22 per share, equivalent to a 0.3% yield.
• Analysts remain broadly bullish, with Alphabet carrying a consensus “Buy” rating and an average price target of $420.19 versus a recent share price of $337.12. Investors continue to monitor regulatory remedies and the costs and uncertain returns associated with Alphabet’s heavy AI infrastructure spending.

Generation Investment Management LLP lessened its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,997,385 shares of the information services provider's stock after selling 36,079 shares during the quarter. Alphabet accounts for about 6.9% of Generation Investment Management LLP's holdings, making the stock its 6th biggest position. Generation Investment Management LLP's holdings in Alphabet were worth $713,805,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Essential Partners LLC grew its holdings in shares of Alphabet by 10.7% during the 2nd quarter. Essential Partners LLC now owns 1,910 shares of the information services provider's stock valued at $682,000 after acquiring an additional 185 shares in the last quarter. Freedom Investment Management Inc. raised its holdings in Alphabet by 10.5% during the second quarter. Freedom Investment Management Inc. now owns 1,148 shares of the information services provider's stock valued at $410,000 after buying an additional 109 shares in the last quarter. Empirical Asset Management LLC boosted its stake in shares of Alphabet by 38.9% during the 2nd quarter. Empirical Asset Management LLC now owns 14,815 shares of the information services provider's stock worth $5,294,000 after acquiring an additional 4,149 shares in the last quarter. Catalyst Investment Management LLC increased its holdings in shares of Alphabet by 61.9% during the 2nd quarter. Catalyst Investment Management LLC now owns 1,004 shares of the information services provider's stock valued at $359,000 after acquiring an additional 384 shares during the last quarter. Finally, Palmer Knight Co acquired a new position in shares of Alphabet during the 2nd quarter valued at about $8,515,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet Price Performance

NASDAQ:GOOGL opened at $337.12 on Thursday. The company has a 50-day moving average of $349.02 and a 200-day moving average of $342.38. The company has a market capitalization of $4.12 trillion, a price-to-earnings ratio of 16.93, a PEG ratio of 0.97 and a beta of 1.22. Alphabet Inc. has a 52 week low of $224.79 and a 52 week high of $408.61. 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 (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping 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 business had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Activity at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the transaction, the director directly owned 1,481 shares in the company, valued at $545,941.03. This trade represents a 41.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 451,925 shares of company stock worth $12,371,544 in the last 90 days. Corporate insiders own 11.61% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A federal judge rejected the U.S. government’s request to force Google to sell its AdX advertising exchange, removing the immediate risk of a disruptive breakup. The ruling still requires Google to change certain ad-tech practices, but the decision preserves the structure of a highly profitable business. Google defeats US bid to force ad-tech sale
• Positive Sentiment: Berkshire Hathaway increased its Alphabet position by roughly $10 billion, with CEO Greg Abel describing Google as a significant AI player. The investment provides a high-profile vote of confidence in Alphabet’s AI capabilities and long-term growth prospects. Berkshire CEO comments on Alphabet AI investment
• Positive Sentiment: Alphabet is securing additional power for its expanding AI infrastructure. Google agreed to purchase approximately 400 megawatts of geothermal electricity from Fervo Energy for a Utah data center, while Eos Energy announced a battery-storage partnership tied to a planned $350 million West Virginia project. These agreements support data-center capacity growth and energy reliability. Google buys geothermal power from Fervo
• Positive Sentiment: Waymo expanded paid robotaxi service to Denver, San Diego and Tampa, bringing its operations to 14 U.S. cities. The rollout offers Alphabet investors evidence of increasing commercialization outside the core advertising business. Waymo expands robotaxi service
• Neutral Sentiment: Reports indicate Google may release Gemini 3.8 Flash this week, with internal testing showing improved coding performance. A stronger model could support Cloud and Workspace monetization, although the financial impact remains unproven. New Google AI model report
• Negative Sentiment: The antitrust ruling was not a complete victory: Google must implement undisclosed operational changes intended to address illegal practices and pressure on publisher ad rates. Regulatory scrutiny therefore remains a continuing risk to ad-tech economics. Federal judge declines to break up Google ad technology business
• Negative Sentiment: Investors continue to weigh Alphabet’s heavy AI infrastructure spending against uncertain returns. Competition from OpenAI and other AI providers, along with reported talent losses, could pressure Google Search and increase the cost of defending its market position. OpenAI advertising competition report

Analyst Ratings Changes

Several research firms recently weighed in on GOOGL. Wedbush restated an "outperform" rating and issued a $445.00 target price on shares of Alphabet in a report on Thursday, July 23rd. HSBC reissued a "buy" rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Tuesday, June 2nd. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 27th. Truist Financial set a $420.00 target price on shares of Alphabet and gave the company a "buy" rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company set a $411.00 target price on shares of Alphabet and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $420.19.

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.

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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