DJE Kapital AG Decreases Stock Holdings in Alphabet Inc. $GOOG

DJE Kapital AG lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 28.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 399,540 shares of the information services provider’s stock after selling 156,129 shares during the period. Alphabet makes up 2.5% of DJE Kapital AG’s portfolio, making the stock its 14th biggest position. DJE Kapital AG’s holdings in Alphabet were worth $111,723,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GOOG. Nvest Wealth Strategies Inc. acquired a new stake in Alphabet in the 4th quarter valued at $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet during the fourth quarter worth about $38,000. Imprint Wealth LLC acquired a new position in shares of Alphabet during the third quarter worth about $31,000. Bard Associates Inc. purchased a new stake in shares of Alphabet in the fourth quarter worth about $41,000. Finally, Towne Trust Company N.A boosted its position in shares of Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after buying an additional 34 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Up 0.2%

Shares of NASDAQ GOOG opened at $319.09 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 2.72. Alphabet Inc. has a 1 year low of $188.70 and a 1 year high of $404.47. The stock’s 50-day simple moving average is $360.63 and its 200-day simple moving average is $337.38. The firm has a market cap of $3.87 trillion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.31 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same quarter last year, the firm earned $2.31 EPS. Alphabet’s quarterly revenue was up 24.2% on a year-over-year basis. As a group, equities analysts anticipate that Alphabet Inc. will post 14.34 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Phillip Securities downgraded Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. DA Davidson decreased their price target on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday. Barclays reaffirmed an “overweight” rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a research report on Thursday. Oppenheimer reiterated an “outperform” rating and set a $400.00 price objective (down from $445.00) on shares of Alphabet in a research note on Thursday. Finally, BMO Capital Markets boosted their target price on shares of Alphabet from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Thursday. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $410.09.

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $341.72, for a total value of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at $9,345,358.56. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the transaction, the director directly owned 18,833 shares of the company’s stock, valued at approximately $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 159,415 shares of company stock worth $7,672,279. 12.99% of the stock is currently owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet posted a strong Q2 beat, with revenue and EPS coming in ahead of expectations, while Google Cloud revenue surged 82% and cloud margins improved sharply.
• Positive Sentiment: AI and product demand remain strong, with management saying AI usage is rising across Search, Cloud, and Gemini, supporting the long-term growth story.
• Positive Sentiment: Several analysts reiterated bullish views or raised targets, and multiple commentary pieces argued the stock looks attractive after the pullback.
• Positive Sentiment: Verizon signed a deal worth more than $1 billion with Google for dark fiber connectivity, adding another sign of infrastructure demand tied to Alphabet’s data-center buildout. Article Title
• Neutral Sentiment: Waymo is reportedly considering ending its Uber partnership, which could affect how quickly Alphabet’s robotaxi business scales, but the direct financial impact is still unclear. Article Title
• Neutral Sentiment: Alphabet also disclosed a large SpaceX stake and saw some institutional holders trim positions, but these items are secondary to the main debate over AI spending and cash flow.
• Negative Sentiment: Investors were unnerved by Alphabet’s higher CapEx guidance and negative free cash flow, which raised concerns that AI spending may be outpacing near-term returns.
• Negative Sentiment: Alphabet was also hit by an EU antitrust fine of about $1 billion, adding another regulatory overhang. Article Title
• Negative Sentiment: Moody’s warned that the industry-wide AI buildout could threaten credit quality at Alphabet and other hyperscalers, reinforcing concerns about balance-sheet strain from heavy infrastructure investment. Article Title

About Alphabet

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.