Alphabet Inc. $GOOG Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,513 shares of the information services provider’s stock after selling 12,288 shares during the quarter. Alphabet accounts for 0.6% of Segall Bryant & Hamill LLC’s portfolio, making the stock its 19th largest holding. Segall Bryant & Hamill LLC’s holdings in Alphabet were worth $51,495,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of GOOG. Vanguard Group Inc. boosted its position in shares of Alphabet by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after purchasing an additional 8,128,234 shares during the period. State Street Corp raised its holdings in Alphabet by 0.5% during the 4th quarter. State Street Corp now owns 187,102,863 shares of the information services provider’s stock worth $58,712,878,000 after buying an additional 953,790 shares during the period. Auto Owners Insurance Co raised its holdings in 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 worth $5,643,262,000 after buying an additional 179,369,280 shares during the period. J. Stern & Co. LLP lifted its stake 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 valued at $35,174,429,000 after buying an additional 111,699,704 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Alphabet by 1.1% during the fourth quarter. JPMorgan Chase & Co. now owns 100,602,893 shares of the information services provider’s stock valued at $31,569,189,000 after buying an additional 1,073,151 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of GOOG opened at $356.65 on Friday. The business’s 50-day moving average is $355.82 and its 200-day moving average is $337.91. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a market capitalization of $4.36 trillion, a price-to-earnings ratio of 17.91, a P/E/G ratio of 0.94 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $188.70 and a fifty-two week high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, July 22nd. 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 business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. During the same period last year, the company posted $2.31 earnings per share. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. Equities research analysts expect that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared 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 0.2%. Alphabet’s dividend payout ratio is 4.42%.

Analyst Ratings Changes

Several research analysts have recently weighed in on GOOG shares. TD Cowen reissued a “buy” rating and issued a $475.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price objective (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Barclays reaffirmed an “overweight” rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wedbush started coverage on shares of Alphabet in a research note on Thursday, July 16th. They set an “outperform” rating and a $445.00 target price on the stock. Finally, UBS Group restated a “neutral” rating and issued a $379.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $410.09.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth are supporting the stock. Investors are responding to evidence that Alphabet’s large AI investments can drive revenue and profits. Google Cloud continues to be a key valuation driver, while the company’s custom AI chips are increasingly viewed as credible alternatives to Nvidia’s products. Alphabet and Amazon custom AI chips
• Positive Sentiment: Strong fundamentals and bullish positioning remain supportive. Alphabet recently reported quarterly revenue of $119.8 billion, up 24.2% year over year, and exceeded consensus EPS expectations. Analysts remain broadly positive, while investors purchased approximately 275,667 call options Friday—about 33% above average daily call volume.
• Positive Sentiment: Enterprise AI partnerships could expand Google Cloud demand. Alphabet’s Gemini models are being integrated into Oracle’s enterprise software, and the company is reportedly backing financing for an Anthropic data center. These developments could generate additional demand for Alphabet’s cloud infrastructure and AI services.
• Neutral Sentiment: Capital spending remains the central investment debate. Alphabet raised its 2026 capital-expenditure outlook to $195 billion–$205 billion. The spending is intended to capture AI demand, but investors are watching whether future revenue growth will justify the scale of the investment.
• Negative Sentiment: AI spending is weighing on cash flow. A sharp increase in infrastructure investment reportedly pushed free cash flow negative in the latest quarter, while rising memory and data-center costs could increase future depreciation and pressure margins. AI buildout costs
• Negative Sentiment: Google withdrew its Earth AI feature after misinformation concerns. The one-day-old feature allowed fabricated AI images inside Google Earth, and its cancellation highlights reputational and product-governance risks. Google Earth AI feature cancellation

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. The trade was a 10.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 600,547 shares of company stock worth $16,255,540 over the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

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.