Focus Partners Advisor Solutions LLC Increases Stock Holdings in Alphabet Inc. $GOOGL

Focus Partners Advisor Solutions LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,186 shares of the information services provider's stock after acquiring an additional 1,774 shares during the quarter. Alphabet accounts for approximately 0.3% of Focus Partners Advisor Solutions LLC's holdings, making the stock its 23rd largest holding. Focus Partners Advisor Solutions LLC's holdings in Alphabet were worth $32,945,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of GOOGL. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the 4th quarter worth $32,000. EMC Capital Management purchased a new position in shares of Alphabet in the fourth quarter worth about $33,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. acquired a new stake in shares of Alphabet during the fourth quarter worth about $52,000. Finally, iSAM Funds UK Ltd acquired a new position in Alphabet in the 3rd quarter worth approximately $53,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on GOOGL. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Wedbush reaffirmed an "outperform" rating and set a $445.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Pivotal Research reiterated a "buy" rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a research note on Monday, June 22nd. Six research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet has a consensus rating of "Buy" and an average target price of $420.19.

Alphabet Stock Performance

GOOGL opened at $346.59 on Friday. The firm's fifty day simple moving average is $349.62 and its two-hundred day simple moving average is $341.74. Alphabet Inc. has a 52-week low of $206.20 and a 52-week high of $408.61. The company has a market cap of $4.24 trillion, a price-to-earnings ratio of 17.41, a PEG ratio of 0.96 and a beta of 1.24. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released 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. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Equities analysts anticipate that Alphabet Inc. will post 20.5 earnings per share for the current fiscal 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 issued 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 presently 4.42%.

Insider Transactions at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director directly owned 1,481 shares in the company, valued at approximately $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction 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 transaction, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 451,843 shares of company stock worth $12,343,852. 11.61% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI remain the main growth drivers. Rising Cloud revenue, AI adoption and a reported $514 billion backlog strengthen Alphabet’s competitive position against Microsoft and Amazon, although capacity constraints could limit near-term execution. Rising Cloud Revenue Strengthens Alphabet Against MSFT & AMZN
• Positive Sentiment: New Gemini and AI Mode features could increase user engagement and monetization. Google is expanding AI Mode to track flight prices and assist with hotel bookings, while reviews of its personal-intelligence tools suggest broader consumer adoption. Employees are also reportedly testing a next-generation Gemini Flash model. Google's AI Mode can now track flight prices, help book hotels, and more
• Positive Sentiment: Analyst sentiment and technical momentum remain favorable. Brokerages maintain an average “Buy” recommendation, while technical commentary points to support above approximately $340. Alphabet’s valuation, margins and cash generation are viewed as attractive relative to many AI peers. Alphabet Receives Average Recommendation of Buy
• Positive Sentiment: Alphabet’s custom-chip strategy is creating demand for AI infrastructure. Marvell’s large Google-related AI-chip opportunity highlights Alphabet’s willingness to invest in proprietary computing capacity, potentially supporting long-term performance and reducing reliance on outside suppliers. Marvell’s Google AI-chip opportunity
• Neutral Sentiment: Google changed its European spam and site-reputation policy. The adjustment is intended to address European Commission concerns and reduce the risk of an antitrust fine, but it may affect how Google ranks publisher content and reflects ongoing regulatory pressure. Google changes spam policy in EU to avert antitrust fine
• Negative Sentiment: Legal risks continue to weigh on the investment case. Multiple law firms announced securities-fraud investigations, while Google agreed to a $353 million settlement with UK app developers. These announcements do not establish wrongdoing but could create financial and reputational costs. Google agrees to settle UK app developers’ lawsuit
• Negative Sentiment: The FTC is reportedly considering action involving YouTube. The investigation concerns account suspensions and possible consumer-protection violations, adding another regulatory overhang for Alphabet. US FTC probes YouTube over social media policies

Alphabet 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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