Alphabet Inc. $GOOG is Knuff & Co LLC’s 6th Largest Position

Knuff & Co LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 18.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,471 shares of the information services provider’s stock after acquiring an additional 7,670 shares during the quarter. Alphabet makes up 4.3% of Knuff & Co LLC’s investment portfolio, making the stock its 6th biggest holding. Knuff & Co LLC’s holdings in Alphabet were worth $17,126,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Denali Advisors LLC raised its position in shares of Alphabet by 14.8% during the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after acquiring an additional 13,700 shares in the last quarter. NewEdge Wealth LLC lifted its stake in Alphabet by 9.2% during the second quarter. NewEdge Wealth LLC now owns 131,520 shares of the information services provider’s stock worth $46,470,000 after purchasing an additional 11,120 shares during the last quarter. Flossbach Von Storch SE boosted its holdings in Alphabet by 4.4% in the second quarter. Flossbach Von Storch SE now owns 2,338 shares of the information services provider’s stock valued at $826,000 after purchasing an additional 99 shares in the last quarter. Patrick Mauro Investment Advisor INC. boosted its holdings in Alphabet by 0.8% in the second quarter. Patrick Mauro Investment Advisor INC. now owns 7,144 shares of the information services provider’s stock valued at $2,524,000 after purchasing an additional 55 shares in the last quarter. Finally, Essential Partners LLC boosted its holdings in Alphabet by 8.4% in the second quarter. Essential Partners LLC now owns 1,824 shares of the information services provider’s stock valued at $644,000 after purchasing an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Enterprise AI expansion: Google launched Gemini Enterprise solutions for financial-services companies and law firms, including specialized agents, workflow tools, data connectors and third-party integrations. The products could support Google Cloud growth and deepen Alphabet’s competition with Microsoft, OpenAI and Anthropic in high-value enterprise markets. Google expands Gemini AI platform for law firms and lawyers
• Positive Sentiment: Waymo moves into Europe: Alphabet’s autonomous-driving unit will begin testing vehicles in Munich and plans to launch commercial driverless rides in Germany in 2027. Germany would be Waymo’s first European market and its third international market, expanding a potential long-term growth business. Waymo to launch driverless rides in Germany in 2027
• Positive Sentiment: AI infrastructure optimism: Reports that Google’s TPU shipments could nearly triple to 8.8 million by 2027 reinforce expectations that Alphabet can reduce reliance on Nvidia and potentially expand Google Cloud’s AI capacity and margins. Analysts and investment commentary also highlighted strong Cloud growth, improving profitability and continued Search and YouTube momentum. Google TPU volume could triple to 8.8 million by 2027
• Neutral Sentiment: Mixed market signals: U.S. consumer-confidence and new-home-sales misses pressured the broader market, while reports of billionaire and institutional interest in Alphabet provided a counterweight. A reported increase in short interest was not meaningful because the filing showed zero shares in both periods.
• Negative Sentiment: Investor investigation: Pomerantz LLP said it is investigating potential claims on behalf of Alphabet investors. The notice provided no substantive allegations, but securities-law investigations can add headline and litigation risk. Pomerantz investor alert
• Negative Sentiment: Capital-allocation concerns: Commentary flagged potentially negative free cash flow as Alphabet spends heavily on AI infrastructure. Separately, Virginia Retirement Systems reportedly reduced its GOOGL position by about 33%, an isolated institutional-selling signal that may weigh on sentiment.

Alphabet Trading Down 0.4%

GOOG opened at $343.34 on Wednesday. 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 Inc. has a 52 week low of $206.39 and a 52 week high of $404.47. The business’s 50 day moving average is $349.34 and its two-hundred day moving average is $339.79. The firm has a market cap of $4.20 trillion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 0.97 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion during 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 company’s revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.31 earnings per share. On average, research analysts predict that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The firm 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 dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 4.42%.

Analysts Set New Price Targets

GOOG has been the topic of a number of research analyst reports. Wolfe Research set a $460.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Thursday, May 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Wedbush assumed coverage on shares of Alphabet in a research note on Thursday, July 16th. They set an “outperform” rating and a $445.00 price target on the stock. Finally, JPMorgan Chase & Co. reduced their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $415.55.

Insider Buying and Selling at Alphabet

In other news, 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 value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 451,945 shares of company stock worth $12,382,714 in the last quarter. 12.99% of the stock is currently owned by company 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.