Capital Analysts LLC Acquires 17,481 Shares of Alphabet Inc. $GOOGL

Key Points

• Capital Analysts LLC increased its Alphabet stake by 20.4% in the second quarter, acquiring 17,481 additional shares for a total of 102,987 shares valued at approximately $36.8 million.
• Alphabet reported quarterly revenue of $119.8 billion and earnings per share of $9.11, substantially exceeding analyst expectations. The company also pays a quarterly dividend of $0.22, equivalent to a 0.2% annual yield.
• Wall Street maintains a favorable view of Alphabet, with a consensus “Buy” rating and an average price target of $422.16, although the company continues to face regulatory scrutiny, including a €403 million fine from Ireland’s data-protection regulator.

Capital Analysts LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 20.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 102,987 shares of the information services provider's stock after buying an additional 17,481 shares during the quarter. Alphabet accounts for approximately 0.8% of Capital Analysts LLC's portfolio, making the stock its 21st largest holding. Capital Analysts LLC's holdings in Alphabet were worth $36,804,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in GOOGL. Invesco Ltd. raised its position in Alphabet by 0.5% in the fourth quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock worth $14,208,470,000 after acquiring an additional 208,362 shares during the period. Fisher Asset Management LLC increased its stake in shares of Alphabet by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 38,106,033 shares of the information services provider's stock worth $11,927,189,000 after purchasing an additional 583,078 shares during the last quarter. Amundi increased its stake in shares of Alphabet by 4.6% during the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider's stock worth $11,865,809,000 after purchasing an additional 1,457,371 shares during the last quarter. Nuveen LLC raised its holdings in shares of Alphabet by 1.7% in the 4th quarter. Nuveen LLC now owns 29,166,806 shares of the information services provider's stock worth $9,129,210,000 after purchasing an additional 478,848 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock worth $6,334,186,000 after purchasing an additional 1,631,721 shares during the period. Institutional investors own 40.03% of the company's stock.

Alphabet Stock Performance

NASDAQ GOOGL opened at $354.97 on Tuesday. Alphabet Inc. has a 52-week low of $235.84 and a 52-week high of $408.61. The company has a fifty day moving average of $345.25 and a 200-day moving average of $345.54. The company has a market capitalization of $4.34 trillion, a P/E ratio of 17.83, a P/E/G ratio of 1.01 and a beta of 1.22. 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 released its earnings results 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. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. As a group, equities research analysts predict that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet's payout ratio is presently 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet introduced new Gemini voice-AI models, strengthening its push into conversational assistants and potentially expanding Gemini’s consumer and commercial use cases. Alphabet pushes deeper into voice AI with new Gemini models
• Positive Sentiment: Google opened pre-orders for its $899 Googlebook AI laptop, giving Alphabet a potential new hardware channel for Gemini adoption and AI-related revenue growth. Google's $899 Googlebook is a bet that you'll buy a new laptop for Gemini
• Positive Sentiment: Google is lining up additional nuclear power for its AI infrastructure. Georgia Power agreed to upgrades at two nuclear plants that could add about 96 megawatts, while Kairos Power selected Samsung C&T to help build a 50-megawatt demonstration reactor targeted for completion by 2030. These arrangements could improve long-term access to reliable electricity, although the benefits are several years away. Southern Co unit signs deal with Google to add nuclear capacity
• Positive Sentiment: Analyst-related coverage remained supportive, including a higher fiscal-2026 EPS forecast from Erste Group Bank and continued investor interest in Alphabet’s multiple ways to monetize AI across Search, Cloud, and consumer products. Alphabet FY2026 EPS Forecast Increased by Erste Group Bank
• Neutral Sentiment: Alphabet, NVIDIA, and Emerald AI formed an alliance to develop power-flexible AI data centers. The initiative may help address grid constraints, but also highlights the substantial electricity and infrastructure requirements of Alphabet’s AI expansion.
• Neutral Sentiment: Google agreed to report child sexual-abuse material directly to Indian authorities, a compliance change that may improve regulatory relationships but adds to scrutiny of the company’s content-moderation practices. Google to report child abuse content directly to Indian authorities
• Negative Sentiment: Ireland’s Data Protection Commission fined Google €403 million, or approximately $463 million, over the processing of users’ location data. The penalty is manageable relative to Alphabet’s scale but raises ongoing regulatory, privacy, and potential compliance-cost concerns. Irish regulator fines Google €403 million over location data processing

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GOOGL shares. DA Davidson set a $350.00 price objective on Alphabet and gave the company a "neutral" rating in a report on Thursday, July 23rd. Truist Financial set a $420.00 price target on Alphabet and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. HSBC restated a "buy" rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Finally, BMO Capital Markets set a $465.00 target price on shares of Alphabet and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $422.16.

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Arnold sold 82 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $337.71, for a total transaction of $27,692.22. Following the transaction, the director directly owned 18,995 shares in the company, valued at approximately $6,414,801.45. This represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 450,875 shares of company stock worth $11,984,482 in the last quarter. 11.61% of the stock is owned by insiders.

Alphabet Company 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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