Alphabet Inc. $GOOGL Stock Holdings Lowered by First National Bank of Omaha

First National Bank of Omaha cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 124,268 shares of the information services provider's stock after selling 3,007 shares during the period. Alphabet makes up approximately 1.2% of First National Bank of Omaha's holdings, making the stock its 15th biggest position. First National Bank of Omaha's holdings in Alphabet were worth $44,330,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Alphabet by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock valued at $165,567,398,000 after buying an additional 12,531,695 shares in the last quarter. State Street Corp boosted its stake in shares of Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider's stock valued at $40,524,841,000 after buying an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its position in Alphabet by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider's stock valued at $45,625,595,000 after purchasing an additional 2,666,676 shares during the last quarter. Norges Bank bought a new stake in shares of Alphabet in the 4th quarter valued at approximately $30,534,239,000. Finally, Bank of America Corp DE lifted its stake in Alphabet by 4.9% in the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider's stock valued at $21,630,861,000 after acquiring an additional 3,218,852 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the sale, the director owned 1,481 shares in the company, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the sale, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 451,925 shares of company stock worth $12,371,544 over the last ninety days. Corporate insiders own 11.61% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GOOGL. Jefferies Financial Group reiterated a "buy" rating on shares of Alphabet in a research note on Monday, June 22nd. Loop Capital boosted their target price on Alphabet from $355.00 to $490.00 and gave the stock a "buy" rating in a report on Friday, May 15th. KeyCorp upped their target price on Alphabet from $425.00 to $445.00 and gave the stock an "overweight" rating in a research report on Friday, July 10th. New Street Research increased their price target on Alphabet from $450.00 to $455.00 and gave the company a "buy" rating in a report on Friday, June 5th. Finally, President Capital lifted their price target on shares of Alphabet from $375.00 to $465.00 and gave the company a "buy" rating in a research report on Tuesday, May 5th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $420.19.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Reports indicate Google could release Gemini 3.8 Flash this week. Internal testing reportedly shows meaningful improvement in coding, an area where Alphabet has trailed Anthropic and OpenAI. A stronger model could improve Google’s AI product competitiveness and investor confidence. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo began offering paid autonomous rides in Denver, San Diego and Tampa, expanding its commercial service to 14 U.S. cities. The rollout strengthens Alphabet’s position in the emerging robotaxi market and creates a potential long-term growth opportunity beyond advertising and cloud computing. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google agreed to purchase 396 megawatts of geothermal power from Fervo Energy’s Utah project. The deal supports the electricity needs of Alphabet’s expanding AI data-center infrastructure while providing greater visibility into its strategy for securing reliable, lower-carbon power. Fervo geothermal power deal with Google
• Neutral Sentiment: Alphabet introduced Google Pics, an AI-powered image creation and editing tool for Google Workspace and premium AI subscribers. The product could broaden monetization, but its near-term financial impact is uncertain. Google Pics AI design tool
• Neutral Sentiment: Android accessibility and personalization updates, along with Google Maps’ adoption of the “Lake America” name, increase product visibility but are unlikely to materially affect Alphabet’s earnings.
• Negative Sentiment: Investors remain concerned that OpenAI’s rapidly expanding advertising business could eventually pressure Google Search, Alphabet’s core profit engine. Reports of employee departures and a continuing AI talent race add to uncertainty around execution. OpenAI advertising threat to Google Search
• Negative Sentiment: EU regulators are questioning Google’s proposed AI-search opt-out policy, while recent European concessions and a £260 million U.K. app-store settlement reinforce concerns about regulatory costs and potential damage to search and platform economics. EU regulators question Google AI-search policy

Alphabet Trading Down 1.3%

Shares of Alphabet stock opened at $335.02 on Wednesday. Alphabet Inc. has a 1 year low of $206.20 and a 1 year high of $408.61. The company's fifty day simple moving average is $349.18 and its 200-day simple moving average is $342.18. The company has a market cap of $4.10 trillion, a price-to-earnings ratio of 16.83, a PEG ratio of 0.98 and a beta of 1.24. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. As a group, sell-side analysts expect that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given 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 dividend payout ratio is currently 4.42%.

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.

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