Blueprint Investment Partners LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 97.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,512 shares of the information services provider's stock after buying an additional 13,118 shares during the quarter. Alphabet comprises about 0.8% of Blueprint Investment Partners LLC's portfolio, making the stock its 18th biggest holding. Blueprint Investment Partners LLC's holdings in Alphabet were worth $9,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also modified their holdings of the company. Chilton Capital Management LLC increased its stake in Alphabet by 3.0% during the second quarter. Chilton Capital Management LLC now owns 430,625 shares of the information services provider's stock worth $152,153,000 after purchasing an additional 12,717 shares during the period. BCGM Wealth Management LLC purchased a new stake in shares of Alphabet during the second quarter worth $252,000. SmartHarvest Portfolios LLC raised its stake in shares of Alphabet by 8.3% in the second quarter. SmartHarvest Portfolios LLC now owns 17,197 shares of the information services provider's stock valued at $6,076,000 after acquiring an additional 1,315 shares in the last quarter. Choreo LLC raised its holdings in shares of Alphabet by 1.2% in the 2nd quarter. Choreo LLC now owns 215,763 shares of the information services provider's stock valued at $76,205,000 after purchasing an additional 2,541 shares in the last quarter. Finally, Symphony Financial Ltd. Co. raised its stake in Alphabet by 5.1% in the second quarter. Symphony Financial Ltd. Co. now owns 32,387 shares of the information services provider's stock valued at $11,384,000 after buying an additional 1,574 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.
Alphabet Price Performance
Shares of GOOG opened at $341.45 on Tuesday. Alphabet Inc. has a 52 week low of $197.46 and a 52 week high of $404.47. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.18 trillion, a price-to-earnings ratio of 17.15, a PEG ratio of 0.96 and a beta of 1.23. The stock has a 50 day moving average of $351.69 and a 200-day moving average of $339.66.
Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business's revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the company posted $2.31 EPS. As a group, analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.
Alphabet Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders 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 yield of 0.3%. Alphabet's dividend payout ratio is 4.42%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on GOOG shares. Citigroup reaffirmed a "market outperform" rating on shares of Alphabet in a report on Friday. DZ Bank upgraded Alphabet to a "strong-buy" rating in a report on Thursday, July 23rd. UBS Group reaffirmed a "neutral" rating and issued a $379.00 target price (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a research report on Friday, July 17th. Finally, DA Davidson cut their price objective on shares of Alphabet from $375.00 to $350.00 and set a "neutral" rating on the stock in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $415.55.
Get Our Latest Stock Analysis on GOOG
Insiders Place Their Bets
In other Alphabet news, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the sale, the director owned 18,914 shares of the company's stock, valued at $6,305,738.46. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 451,945 shares of company stock valued at $12,382,714 in the last quarter. 12.99% of the stock is owned by insiders.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Major investors increased Alphabet holdings. Berkshire Hathaway reportedly added about $17 billion of Alphabet stock in the second quarter, while Stanley Druckenmiller, Seth Klarman, David Tepper, and other prominent investors also initiated or expanded positions. The buying signals confidence in Alphabet’s valuation and long-term AI opportunity. Berkshire Hathaway adds $17 billion to Alphabet stake
- Positive Sentiment: AI and cloud momentum remains a key bullish catalyst. Commentary highlighted Google Cloud’s 82% quarterly growth, a backlog exceeding $514 billion, Gemini’s reported one billion active users, and the potential for externally sold Tensor Processing Units to become a significant revenue stream beginning in 2027. Alphabet external TPU sales likely game changer
- Positive Sentiment: Alphabet is acquiring Spirit Airlines’ anonymized business data for $10 million. Google plans to use the data for product development and AI-model training; the transaction excludes customer records. The deal is financially small but supports Alphabet’s effort to improve AI systems with proprietary datasets. Google to buy Spirit Airlines business data
- Neutral Sentiment: Alphabet’s disclosed SpaceX investment has appreciated substantially. Reports estimate the stake is now worth roughly $94 billion, potentially strengthening investor perceptions of Alphabet’s investment portfolio, although the value is tied to SpaceX’s volatile private-market valuation. Alphabet SpaceX investment gains
- Negative Sentiment: AI infrastructure spending is creating cash-flow and financing concerns. Alphabet plans more than $200 billion in 2026 capital expenditures and is considering a record A$5 billion Australian bond offering to fund expansion. Investors are increasingly focused on whether future AI returns will justify the spending and additional debt. Alphabet Australian bond offering
- Negative Sentiment: Macro and competitive risks are tempering enthusiasm. ECB researchers warned that a sharp AI-stock correction is historically plausible, while some investors argued Alphabet is a materially different—and less attractive—company than it was two years ago. Viking Global also reportedly reduced its Alphabet position. ECB researchers warn of AI selloff
Alphabet Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).
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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