University of Texas Texas AM Investment Management Co. Purchases 3,332 Shares of Alphabet Inc. $GOOG

Key Points

• University of Texas Texas AM Investment Management Co. increased its Alphabet stake by 279.8% in the second quarter, acquiring 3,332 additional shares for a total holding valued at approximately $1.6 million. Institutional investors collectively own 27.26% of Alphabet.
• Alphabet exceeded quarterly expectations, reporting $9.11 in earnings per share versus the $2.87 consensus estimate and $119.8 billion in revenue, up 24.2% year over year. Analysts have an overall “Buy” rating and an average price target of $415.55.
• Alphabet declared a quarterly dividend of $0.22 per share, equivalent to an annualized $0.88 payout and a 0.3% yield. Shares recently opened at $343.54, compared with a 12-month range of $197.46 to $404.47.

University of Texas Texas AM Investment Management Co. raised its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 279.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,523 shares of the information services provider's stock after acquiring an additional 3,332 shares during the quarter. University of Texas Texas AM Investment Management Co.'s holdings in Alphabet were worth $1,598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Auto Owners Insurance Co lifted its stake in Alphabet by 38,409.2% in 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 during the last quarter. J. Stern & Co. LLP grew its holdings in Alphabet by 28,482.8% during the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider's stock worth $35,174,429,000 after purchasing an additional 111,699,704 shares during the period. Norges Bank acquired a new position in Alphabet during the fourth quarter worth approximately $18,093,665,000. Cardano Risk Management B.V. increased its position in Alphabet by 850.3% during the fourth quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider's stock worth $5,551,938,000 after buying an additional 15,830,754 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock valued at $132,114,125,000 after buying an additional 8,128,234 shares during the period. Institutional investors own 27.26% of the company's stock.

Alphabet Stock Performance

Shares of GOOG stock opened at $343.54 on Monday. Alphabet Inc. has a 12-month low of $197.46 and a 12-month high of $404.47. The company has a market capitalization of $4.20 trillion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. The firm has a 50 day moving average price of $352.09 and a two-hundred day moving average price of $339.62. 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 earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate 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 return on equity of 51.32% and a net margin of 54.77%.The firm's revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.31 earnings per share. As a group, analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet's payout ratio is 4.42%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GOOG. DZ Bank raised Alphabet to a "strong-buy" rating in a research report on Thursday, July 23rd. KeyCorp set a $445.00 target price on Alphabet in a report on Friday, July 10th. Morgan Stanley dropped their price target on Alphabet from $415.00 to $400.00 and set an "overweight" rating on the stock in a research note on Thursday, July 23rd. UBS Group reaffirmed a "neutral" rating and set a $379.00 price target (down from $400.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Rosenblatt Securities set a $393.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, Alphabet has an average rating of "Buy" and an average target price of $415.55.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 8,998 shares of the business's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider owned 75,290 shares of the company's stock, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $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. In the last 90 days, insiders sold 451,945 shares of company stock valued at $12,382,714. Corporate insiders own 12.99% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Berkshire Hathaway significantly increased its Alphabet position. Berkshire owned approximately 106 million shares worth $37.9 billion at the end of June after raising its stake by 83% during the second quarter. Alphabet is now Berkshire’s third-largest U.S.-listed equity holding, a notable vote of confidence under CEO Greg Abel. Berkshire Hathaway boosts Alphabet to a top three holding
• Positive Sentiment: Digital advertising estimates improved. July advertiser spending exceeded consensus expectations, supporting the outlook for Alphabet’s core advertising business. Alphabet also launched Gemini 3.7 Flash for coding and automated business workflows, potentially expanding monetization opportunities in enterprise AI. Internet stock advertising estimate revisions
• Positive Sentiment: Alphabet’s SpaceX investment has become a major unrealized asset. The company disclosed that its roughly $900 million investment in SpaceX is now worth about $94 billion, highlighting the value of Alphabet’s venture portfolio, although the gain does not directly represent operating revenue or cash flow. Alphabet’s SpaceX bet grows 100-fold
• Positive Sentiment: Other institutions also added exposure. UniSuper increased its GOOG and GOOGL holdings, while several major funds reported purchases, reinforcing the perception that Alphabet remains attractively valued after its recent pullback.
• Neutral Sentiment: Google expanded Gemini access in schools and introduced tools allowing users to remove visible watermarks from AI-generated content while retaining invisible SynthID protections. These moves could improve adoption but have uncertain near-term financial effects. Google turns on Gemini AI for students
• Negative Sentiment: Gemini lost chatbot-visit share to ChatGPT in July. Although Gemini surpassed one billion monthly active users, its share of chatbot visits fell to 28.8%, raising concerns about competitive momentum in consumer AI.
• Negative Sentiment: AI investment is pressuring cash flow. Analysts continue to flag Alphabet’s very high data-center and chip spending, with some estimates showing weaker free-cash-flow generation than Microsoft and Meta in 2027.
• Negative Sentiment: Several funds reduced Alphabet positions. Barclays, Franklin Resources, Magellan and other managers reported trimming GOOG or GOOGL holdings, partially offsetting Berkshire’s large purchase. Alphabet also faces reputational risk from a reported Google-ad phishing scam and a law-firm investigation of investor claims.

Alphabet Company 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.

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