Kahn Brothers Group Inc. purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 120,906 shares of the information services provider's stock, valued at approximately $42,720,000. Alphabet makes up about 0.1% of Kahn Brothers Group Inc.'s investment portfolio, making the stock its 15th biggest holding.
Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. Vanguard Group Inc. increased its holdings in shares of Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock worth $132,114,125,000 after acquiring an additional 8,128,234 shares in the last quarter. BlackRock Inc. raised its position in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the period. State Street Corp lifted its holdings in shares of Alphabet by 0.5% during the 4th quarter. State Street Corp now owns 187,102,863 shares of the information services provider's stock valued at $58,712,878,000 after purchasing an additional 953,790 shares in the last quarter. Auto Owners Insurance Co lifted its holdings in shares of Alphabet by 38,409.2% during the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider's stock valued at $5,643,262,000 after purchasing an additional 179,369,280 shares in the last quarter. Finally, J. Stern & Co. LLP grew its position in shares of Alphabet by 28,482.8% in the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider's stock valued at $35,174,429,000 after purchasing an additional 111,699,704 shares during the period. Institutional investors and hedge funds own 27.26% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Oppenheimer reiterated an "outperform" rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Freedom Capital raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. KeyCorp set a $445.00 price objective on shares of Alphabet in a report on Friday, July 10th. Finally, Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $415.55.
Check Out Our Latest Analysis on Alphabet
Insiders Place Their Bets
In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated 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 owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 451,925 shares of company stock valued at $12,371,544 in the last three months. 12.99% of the stock is currently owned by corporate insiders.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google DeepMind is reportedly preparing to release Gemini 3.8 Flash as early as this week. Internal testing suggests the model narrows Google’s coding-performance gap with OpenAI and Anthropic, potentially improving Alphabet’s position in enterprise AI and software development. New Google AI Model Said to Narrow Gap on Coding Ability
- Positive Sentiment: Alphabet-owned Waymo launched public robotaxi service in Denver, San Diego and Tampa, expanding its commercial operations to 14 U.S. cities. The rollout strengthens Alphabet’s long-term autonomous-driving opportunity as competition with Amazon’s Zoox and Tesla intensifies. Waymo accelerates robotaxi expansion
- Positive Sentiment: Google signed a 396-megawatt geothermal power agreement with Fervo Energy, supporting reliable, carbon-free electricity for data-center growth and its AI infrastructure strategy. Fervo signs geothermal power deal with Google
- Neutral Sentiment: Berkshire Hathaway made Alphabet its third-largest holding after reducing Bank of America exposure. The move provides a high-profile vote of confidence, but commentary questioning whether Alphabet is fully valued limits its immediate impact. Alphabet becomes Berkshire’s third-largest holding
- Negative Sentiment: Investors remain concerned that Meta’s AI advertising products and OpenAI’s rapidly growing ad business could threaten Google Search’s advertising dominance and future ad growth. Competition threatens Google Search advertising
- Negative Sentiment: Alphabet’s planned AI infrastructure spending—reportedly potentially reaching $205 billion this year—is raising concerns about depreciation, free cash flow and operating margins despite strong cloud and AI-driven revenue growth. Big Tech AI spending and depreciation concerns
- Negative Sentiment: EU regulators are examining Google’s proposed AI-search publisher opt-out, while a reported £260 million U.K. app-store settlement underscores continuing antitrust and regulatory exposure. EU regulators examine Google AI-search opt-out
Alphabet Trading Down 1.0%
NASDAQ:GOOG opened at $332.03 on Wednesday. The company has a market cap of $4.06 trillion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 0.97 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 business has a 50 day moving average price of $347.23 and a two-hundred day moving average price of $340.34. 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:GOOG - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm's revenue was up 24.2% compared to the same quarter last year. During the same period last year, the company earned $2.31 earnings per share. As a group, analysts expect that Alphabet Inc. will post 20.5 EPS for the current fiscal year.
Alphabet Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet's payout ratio is presently 4.42%.
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.
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