Osmosis Investment Management UK Ltd Decreases Stock Position in Alphabet Inc. $GOOGL

Osmosis Investment Management UK Ltd reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 51.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 173,008 shares of the information services provider's stock after selling 180,489 shares during the period. Alphabet makes up 2.9% of Osmosis Investment Management UK Ltd's investment portfolio, making the stock its 5th biggest position. Osmosis Investment Management UK Ltd's holdings in Alphabet were worth $61,828,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strategic Wealth Advisors LLC grew its holdings in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock valued at $137,000 after buying an additional 27 shares during the last quarter. Rockbridge Investment Management LCC raised its holdings in Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock worth $1,570,000 after acquiring an additional 27 shares during the last quarter. Ruggaard & Associates LLC raised its holdings in Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock worth $840,000 after acquiring an additional 27 shares during the last quarter. Cadia Private Client LLC lifted its position in Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock valued at $744,000 after acquiring an additional 28 shares in the last quarter. Finally, Evansbrook LLC lifted its position in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider's stock valued at $2,738,000 after acquiring an additional 28 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google expanded its partnership with Cathay Pacific to test AI designed to reduce aircraft contrail warming. Early real-world testing reportedly cut contrail-related warming by 40%, highlighting potential environmental applications for Google’s AI technology. Cathay Pacific, Google expand AI trials to cut climate-warming aircraft contrails
• Positive Sentiment: Pixxel, an Indian satellite startup backed by Google, raised $100 million in new funding. The deal strengthens Alphabet’s exposure to Earth observation, space software and sovereign space systems, although the financial effect on Alphabet itself is likely limited. Google-backed Indian space startup raises $100 million in latest funding round
• Positive Sentiment: Several investment articles argue Alphabet is underappreciated within the “Magnificent Seven,” citing its search and cloud cash flows, AI opportunities and a valuation viewed as reasonable relative to growth. Berkshire Hathaway’s continued Alphabet purchases also provide a prominent vote of confidence.
• Neutral Sentiment: Warren Buffett reportedly initiated Berkshire’s Alphabet investment, while Greg Abel is expected to maintain significant influence over the portfolio. The development is sentiment-positive but does not change Alphabet’s operating outlook.
• Neutral Sentiment: Alphabet’s partnerships with AI companies, including CrowdStrike, reinforce its role in enterprise AI and cybersecurity, but the commercial impact remains uncertain. CrowdStrike unveiled a broad AI security platform push
• Negative Sentiment: Bill Ackman’s fund fully exited Alphabet in the second quarter and bought Netflix instead, citing concern that aggressive AI infrastructure spending could pressure profitability and increase volatility.
• Negative Sentiment: Commentary warns that rising AI capital expenditures are reducing returns on capital and could challenge Alphabet’s traditionally strong financial profile.
• Negative Sentiment: A law firm announced a securities-fraud investigation seeking Alphabet investors, but the announcement provides no finding of wrongdoing and appears primarily to solicit shareholders.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $338.46 on Tuesday. The stock has a 50 day moving average of $348.72 and a 200 day moving average of $343.12. The company has a market cap of $4.14 trillion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 0.98 and a beta of 1.22. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $231.90 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, equities research analysts expect that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a $0.22 dividend. 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 4.42%.

Insider Activity

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction 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 hyperlink. Also, Director Frances Arnold sold 82 shares of the firm's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $337.71, for a total value of $27,692.22. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 451,925 shares of company stock worth $12,371,544 in the last three months. Company insiders own 11.61% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on GOOGL. Citizens Jmp reissued a "market outperform" rating and issued a $515.00 target price on shares of Alphabet in a report on Wednesday, July 22nd. Morgan Stanley set a $400.00 price target on Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Oppenheimer increased their price objective on Alphabet from $425.00 to $445.00 and gave the company an "outperform" rating in a research report on Friday, May 15th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Finally, Wedbush reiterated an "outperform" rating and issued a $445.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of "Buy" and an average target price of $420.19.

About Alphabet

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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