IFP Advisors Inc Raises Stock Holdings in Alphabet Inc. $GOOGL

Key Points

• IFP Advisors increased its Alphabet stake by 1.5% in the second quarter to 168,260 shares valued at approximately $60.1 million, making GOOGL its eighth-largest holding. Institutional investors and hedge funds own about 40% of Alphabet’s stock.
• Analyst sentiment remains positive: Alphabet has an average “Buy” rating and a consensus price target of $422.16, with several firms recently raising targets to between $440 and $465.
• Alphabet reported quarterly revenue of $119.8 billion and EPS of $9.11, exceeding consensus estimates, while its AI expansion supports growth but also brings significant infrastructure demands and ongoing regulatory risks, including a $463 million location-data fine in Ireland.

IFP Advisors Inc grew its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 168,260 shares of the information services provider's stock after acquiring an additional 2,486 shares during the quarter. Alphabet accounts for 1.1% of IFP Advisors Inc's holdings, making the stock its 8th biggest position. IFP Advisors Inc's holdings in Alphabet were worth $60,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of GOOGL. One Charles Private Wealth Services LLC lifted its stake in Alphabet by 0.6% in the 2nd quarter. One Charles Private Wealth Services LLC now owns 8,061 shares of the information services provider's stock valued at $2,881,000 after acquiring an additional 48 shares in the last quarter. Mraz Amerine & Associates Inc. grew its stake in shares of Alphabet by 17.7% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 1,503 shares of the information services provider's stock worth $537,000 after acquiring an additional 226 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of Alphabet by 1.3% in the second quarter. Arizona State Retirement System now owns 1,615,493 shares of the information services provider's stock valued at $577,329,000 after purchasing an additional 20,976 shares during the last quarter. Empirical Finance LLC lifted its position in shares of Alphabet by 3.5% in the second quarter. Empirical Finance LLC now owns 204,352 shares of the information services provider's stock worth $73,029,000 after purchasing an additional 6,926 shares in the last quarter. Finally, Nykredit A S bought a new stake in shares of Alphabet in the second quarter worth $797,257,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several analyst reports. Roth Capital reissued a "buy" rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. BMO Capital Markets set a $465.00 target price on Alphabet and gave the company an "outperform" rating in a research report on Thursday, July 23rd. New Street Research upped their target price on Alphabet from $450.00 to $455.00 and gave the stock a "buy" rating in a report on Friday, June 5th. Needham & Company LLC reissued a "buy" rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, June 3rd. Finally, Wall Street Zen downgraded Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Five research 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. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $422.16.

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

Insider Buying and Selling at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares of the company's stock, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 450,875 shares of company stock valued at $11,984,482 over the last ninety days. Company insiders own 11.61% of the company's stock.

Alphabet Stock Performance

NASDAQ GOOGL opened at $354.97 on Tuesday. The stock has a market cap of $4.34 trillion, a PE 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. The firm has a 50-day moving average of $345.25 and a 200-day moving average of $345.54. Alphabet Inc. has a 52-week low of $235.84 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping 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 company had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 4.42%.

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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