Gamco Investors INC. ET AL Has $71.89 Million Holdings in Alphabet Inc. $GOOG

Gamco Investors INC. ET AL lifted its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 8.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,471 shares of the information services provider's stock after buying an additional 15,612 shares during the quarter. Alphabet comprises approximately 0.6% of Gamco Investors INC. ET AL's holdings, making the stock its 29th biggest position. Gamco Investors INC. ET AL's holdings in Alphabet were worth $71,892,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. CFO4Life Group LLC increased its holdings in Alphabet by 1.7% during the second quarter. CFO4Life Group LLC now owns 27,146 shares of the information services provider's stock worth $9,591,000 after buying an additional 453 shares during the last quarter. Madison Wealth Partners Inc lifted its stake in Alphabet by 12.6% in the second quarter. Madison Wealth Partners Inc now owns 5,198 shares of the information services provider's stock valued at $1,836,000 after acquiring an additional 580 shares during the last quarter. Aufman Associates Inc lifted its stake in Alphabet by 38.5% in the second quarter. Aufman Associates Inc now owns 9,822 shares of the information services provider's stock valued at $3,471,000 after acquiring an additional 2,732 shares during the last quarter. Westpac Banking Corp grew its position in shares of Alphabet by 8.7% in the 2nd quarter. Westpac Banking Corp now owns 44,002 shares of the information services provider's stock valued at $15,547,000 after acquiring an additional 3,504 shares during the period. Finally, TRB Wealth Management LLC grew its position in shares of Alphabet by 4.3% in the 2nd quarter. TRB Wealth Management LLC now owns 6,336 shares of the information services provider's stock valued at $2,239,000 after acquiring an additional 261 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI products are broadening Alphabet’s growth story. Google is expanding AI Mode with flight-price tracking, hotel-booking assistance and loyalty-point comparisons, while Gemini’s new “Personal Intelligence” features are making AI assistance more accessible to mainstream users. A potential Gemini 3.8 Flash release and the hiring of former OpenAI executive Barret Zoph further reinforce Alphabet’s competitive AI position. Google AI Mode article
• Positive Sentiment: Cloud momentum and AI infrastructure remain key bullish catalysts. Analysts point to surging Google Cloud revenue, AI adoption and a reported $514 billion backlog as evidence that Alphabet is gaining ground on Microsoft and Amazon. Wolfe Research named Alphabet a top 2027 pick and set a $460 target, citing accelerating cloud growth. Alphabet’s expanded custom-chip relationship with Marvell could also strengthen its TPU ecosystem and reduce reliance on outside suppliers over time. Google Cloud growth article
• Neutral Sentiment: Technical and valuation commentary is broadly supportive but not a new fundamental catalyst. Analysts continue to view GOOG favorably, and technical analysis identifies support near a key moving-average level. However, the stock remains below its 50-day average, suggesting investors are still weighing growth against execution risks. Alphabet technical analysis
• Negative Sentiment: Regulatory and litigation overhangs persist. Google changed its European spam-policy enforcement to avoid a potential antitrust fine, a concession that may reduce near-term financial risk but could constrain search operations. Alphabet also agreed to a roughly $353 million UK Play Store settlement, while the FTC is reportedly considering a lawsuit over YouTube account suspensions. Multiple law firms separately announced securities-fraud investigations, though these notices do not establish wrongdoing. Google EU spam policy article
• Negative Sentiment: Investors remain alert to the cost of the AI race. Reports that major technology companies have approximately $3 trillion in off-balance-sheet AI commitments, alongside Alphabet’s heavy capital spending and negative free cash flow concerns, could pressure future returns if AI monetization lags investment. Big Tech AI spending article

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GOOG shares. Zacks Research cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. Oppenheimer reiterated an "outperform" rating and set a $400.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Pivotal Research boosted their price target on Alphabet from $470.00 to $475.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Citigroup restated a "market outperform" rating on shares of Alphabet in a research note on Friday, August 14th. Finally, Roth Capital raised their price objective on Alphabet from $435.00 to $440.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet has an average rating of "Buy" and an average target price of $415.55.

Alphabet Price Performance

Shares of Alphabet stock opened at $342.88 on Friday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $4.19 trillion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 0.95 and a beta of 1.23. Alphabet Inc. has a twelve month low of $206.96 and a twelve month high of $404.47. The company has a 50-day simple moving average of $347.79 and a two-hundred day simple moving average of $339.97.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $116.53 billion. During the same period last year, the firm earned $2.31 earnings per share. The business's revenue for the quarter was up 24.2% on a year-over-year basis. Analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.

Insider Buying and Selling

In other news, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction 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. This represents a 41.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 451,843 shares of company stock worth $12,343,852 in the last quarter. Insiders own 12.99% of the company's stock.

Alphabet Profile

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.

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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