Alphabet Inc. $GOOG Shares Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOGFree Report) by 40.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,616 shares of the information services provider’s stock after acquiring an additional 7,713 shares during the period. Alphabet comprises 1.1% of Fiduciary Financial Group LLC’s holdings, making the stock its 22nd biggest position. Fiduciary Financial Group LLC’s holdings in Alphabet were worth $9,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GOOG. City Holding Co. raised its holdings in shares of Alphabet by 2.1% during the second quarter. City Holding Co. now owns 3,399 shares of the information services provider’s stock worth $1,201,000 after purchasing an additional 70 shares during the last quarter. Spinnaker Investment Group LLC lifted its stake in shares of Alphabet by 54.3% in the 2nd quarter. Spinnaker Investment Group LLC now owns 3,197 shares of the information services provider’s stock valued at $1,129,000 after purchasing an additional 1,125 shares during the period. Highland Financial Advisors LLC boosted its holdings in Alphabet by 9.8% during the second quarter. Highland Financial Advisors LLC now owns 1,391 shares of the information services provider’s stock worth $491,000 after buying an additional 124 shares in the last quarter. Fulcrum Equity Management acquired a new stake in Alphabet during the second quarter valued at $343,000. Finally, Constitution Capital LLC acquired a new stake in Alphabet during the second quarter valued at $2,000,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $343.00 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1 year low of $197.46 and a 1 year high of $404.47. The firm has a market capitalization of $4.19 trillion, a PE ratio of 17.23, a P/E/G ratio of 1.00 and a beta of 1.23. The business’s 50 day moving average price is $353.30 and its 200-day moving average price is $339.36.

Alphabet (NASDAQ:GOOGGet Free Report) last posted its quarterly earnings data 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 firm 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 firm’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 EPS. As a group, equities research analysts expect that Alphabet Inc. will post 20.51 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 issued a dividend of $0.22 per share. 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 0.3%. Alphabet’s dividend payout ratio is presently 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google’s Gemini app surpassed 1 billion monthly active users, marking the 14th Google product to reach that milestone. The figure supports Alphabet’s argument that its AI products are gaining meaningful consumer traction. Google’s Gemini app surges to one billion users
  • Positive Sentiment: Ryanair agreed to a five-year Google Cloud partnership covering Gemini and DeepMind models, including crew scheduling and operational decisions. The deal offers another example of enterprise demand for Google Cloud’s AI capabilities. Ryanair signs five-year Google Cloud deal
  • Positive Sentiment: Several analysts remain bullish, with reported buy or equivalent ratings and a median GOOGL price target of $422.50. Recent institutional filings also showed purchases by Vanguard Personalized Indexing, BlackRock, State Street and Berkshire Hathaway, although the filings reflect earlier reporting periods.
  • Neutral Sentiment: Alphabet will meet White House officials alongside Meta, Anthropic and OpenAI to discuss voluntary safety testing for advanced AI models. Cooperation could improve industry credibility, but the meeting highlights increasing scrutiny of AI risks. Alphabet, Meta and AI safety discussions
  • Negative Sentiment: The main pressure appears to be concern over Alphabet’s elevated AI infrastructure spending—reported capital-expenditure guidance of roughly $195 billion to $205 billion for 2026—and its effect on margins, free cash flow and investment returns. A broader decline in large-cap technology stocks added to the selling.
  • Negative Sentiment: French news organizations asked regulators to intervene over Google’s AI-generated search summaries, arguing that they reduce traffic to publishers. Alphabet also faces thousands of social-media addiction lawsuits and broader concerns about AI safety and misinformation. French media asks watchdog to act on Google’s AI

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of Alphabet in a research report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. dropped their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Finally, Citigroup reissued a “market outperform” rating on shares of Alphabet in a report on Wednesday, July 22nd. Six research 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. According to data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $410.09.

Read Our Latest Stock Report on GOOG

Insider Buying and Selling at Alphabet

In related 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 transaction of $3,142,911.42. Following the transaction, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’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. Insiders have sold 600,547 shares of company stock valued at $16,255,540 over the last ninety days. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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