Kintra Wealth LLC Has $10.88 Million Position in Alphabet Inc. $GOOG

Kintra Wealth LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 14.1% during the 2nd quarter, Holdings Channel reports. The fund owned 31,632 shares of the information services provider’s stock after acquiring an additional 3,904 shares during the period. Kintra Wealth LLC’s holdings in Alphabet were worth $10,880,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of GOOG. Endeavor Private Wealth Inc. increased its stake in Alphabet by 35.8% in the second quarter. Endeavor Private Wealth Inc. now owns 8,100 shares of the information services provider’s stock valued at $2,862,000 after purchasing an additional 2,134 shares in the last quarter. Yarger Wealth Strategies LLC boosted its position in shares of Alphabet by 5.1% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 9,384 shares of the information services provider’s stock worth $3,332,000 after purchasing an additional 452 shares in the last quarter. Operose Advisors LLC boosted its position in shares of Alphabet by 5.7% during the 2nd quarter. Operose Advisors LLC now owns 3,934 shares of the information services provider’s stock worth $1,390,000 after purchasing an additional 213 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of Alphabet by 3.5% in the 2nd quarter. HB Wealth Management LLC now owns 358,086 shares of the information services provider’s stock valued at $126,523,000 after buying an additional 12,007 shares during the period. Finally, Mid American Wealth Advisory Group Inc. increased its position in Alphabet by 112.9% in the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 2,046 shares of the information services provider’s stock valued at $723,000 after buying an additional 1,085 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Down 2.1%

GOOG stock opened at $328.38 on Thursday. The stock has a market cap of $4.02 trillion, a P/E ratio of 16.49, a P/E/G ratio of 0.97 and a beta of 1.21. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock’s fifty day simple moving average is $345.69 and its two-hundred day simple moving average is $341.58. Alphabet Inc. has a 1-year low of $236.58 and a 1-year high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business’s revenue was up 24.2% compared to the same quarter last year. During the same period last year, the firm posted $2.31 EPS. Analysts expect that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet announced at least €13 billion (about $15.1 billion) for AI data centers and digital infrastructure in Finland during 2027–2028. The investment will support Gemini, Search, Maps and YouTube, while a 22-year agreement with Fortum for nuclear power could provide reliable, lower-carbon electricity for energy-intensive AI operations. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Google Cloud and Accenture are creating a group of 1,000 engineers to help customers deploy AI agents. The initiative may accelerate enterprise adoption of Google’s cloud, AI software and custom chips, strengthening the growth outlook for the Cloud segment. Accenture and Google are teaming up to send 1,000 engineers into the field
• Positive Sentiment: Bank of America and other commentary pointed to resilient web traffic despite rising AI competition, offering reassurance that Google’s core search business has not yet been materially displaced. Bank of America Spots Reassuring Signal for Google Stock
• Neutral Sentiment: Google, Microsoft, Amazon, Meta and Anthropic joined a Canadian data-center development pledge. The agreement supports broader AI infrastructure expansion, although it does not immediately change Alphabet’s earnings outlook. HIVE joins Google, Microsoft and Amazon in new Canada data center pledge
• Negative Sentiment: The Finland commitment reinforces concerns that surging AI capital expenditures could pressure free cash flow before revenue and profits fully scale. Investors are increasingly focused on whether Alphabet can earn attractive returns on its massive infrastructure buildout. Alphabet’s ROIC Is Strong, but Is GOOGL Stock a Buy Now?
• Negative Sentiment: Alphabet warned that changes to European search results required by the Digital Markets Act could reduce search quality and increase costs for businesses, creating potential pressure on user engagement, monetization and regulatory expenses. Google warns of lower quality as it revamps Europe search results
• Negative Sentiment: Meta’s launch of its paid Muse AI agent heightened fears that autonomous assistants could bypass traditional search pages and weaken Alphabet’s search advertising model. Separately, delays affecting Alphabet and Blackstone’s Project Braid data-center venture underscore execution risks in the AI expansion. Meta rises as Muse AI agent arrives

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 82 shares of Alphabet 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 owned 18,995 shares of the company’s stock, valued at approximately $6,414,801.45. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 451,925 shares of company stock worth $12,371,544. Insiders own 12.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Rosenblatt Securities assumed coverage on Alphabet in a research note on Thursday, August 20th. They set a “buy” rating on the stock. Stifel Nicolaus set a $420.00 price objective on Alphabet in a report on Wednesday, May 20th. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $395.00 price target (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, BMO Capital Markets boosted their price target on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average price target of $415.55.

About Alphabet

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.