Mitsubishi UFJ Trust & Banking Corp Sells 9,270 Shares of Alphabet Inc. $GOOGL

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,241,156 shares of the information services provider’s stock after selling 9,270 shares during the period. Alphabet accounts for about 2.5% of Mitsubishi UFJ Trust & Banking Corp’s holdings, making the stock its 5th biggest holding. Mitsubishi UFJ Trust & Banking Corp’s holdings in Alphabet were worth $1,158,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. NewEdge Wealth LLC raised its holdings in shares of Alphabet by 11.8% during the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock worth $277,696,000 after purchasing an additional 93,293 shares during the period. PFG Investments LLC boosted its holdings in shares of Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after buying an additional 2,269 shares during the period. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new stake in shares of Alphabet during the 4th quarter valued at about $28,902,000. W.G. Shaheen & Associates DBA Whitney & Co grew its position in shares of Alphabet by 17.1% during the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider’s stock valued at $37,236,000 after buying an additional 17,415 shares during the last quarter. Finally, KLCM Advisors Inc. raised its stake in Alphabet by 66.1% during the fourth quarter. KLCM Advisors Inc. now owns 22,877 shares of the information services provider’s stock worth $7,161,000 after acquiring an additional 9,105 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Performance

Shares of GOOGL opened at $340.65 on Friday. 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 stock has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a P/E/G ratio of 0.96 and a beta of 1.24. Alphabet Inc. has a 12-month low of $206.20 and a 12-month high of $408.61. The firm’s 50 day moving average is $350.06 and its 200-day moving average is $341.71.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Equities research analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared 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 is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Analyst Ratings Changes

Several equities analysts have recently commented on GOOGL shares. Loop Capital upped their target price on Alphabet from $355.00 to $490.00 and gave the company a “buy” rating in a report on Friday, May 15th. Daiwa Securities Group boosted their price objective on Alphabet from $380.00 to $445.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Guggenheim restated a “buy” rating and set a $450.00 price objective (up from $375.00) on shares of Alphabet in a research note on Thursday, April 30th. Robert W. Baird increased their target price on Alphabet from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Finally, DA Davidson set a $350.00 target price on Alphabet and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $420.19.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is testing Gemini 3.8 Flash internally, suggesting a near-term launch of a faster, lower-cost AI model that could strengthen Alphabet’s competitive position and improve AI product monetization. Google employees are already testing the next Gemini Flash AI model
• Positive Sentiment: Google expanded AI Mode with flight-price tracking, hotel booking assistance and loyalty-point comparisons. The additions could increase user engagement and protect Google’s role in travel-related advertising and transactions. Google’s AI Mode can now track flight prices, help book hotels, and more
• Positive Sentiment: Analyst commentary remains favorable, citing approximately 14.4% advertising growth in the second quarter, AI-enhanced Search and YouTube tools, diversified revenue and a lower valuation than some large technology peers. GOOGL Rides on Strong Advertising Revenues
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position by 83% to about $37.8 billion, providing a high-profile vote of confidence in Alphabet’s search, cloud and AI growth prospects. Berkshire Boosts Its Bet
• Positive Sentiment: Barret Zoph, a prominent AI researcher and Thinking Machines co-founder, is joining Google as a research vice president. The hire may help address concerns about Google’s recent loss of senior AI talent. Barret Zoph is now at Google
• Neutral Sentiment: Google joined more than 100 technology companies calling for coordinated defenses against AI-related cyber threats. The initiative supports responsible AI adoption but has limited immediate financial impact. Companies call for action against rogue AI
• Negative Sentiment: The FTC is reportedly nearing a potential lawsuit over YouTube account suspensions and alleged consumer-protection violations, adding regulatory uncertainty around the platform. FTC probes YouTube over social media policies
• Negative Sentiment: Google agreed to pay £260 million, or about $353 million, to settle a UK lawsuit brought by app developers, highlighting continuing legal exposure related to its app-distribution practices. Google agrees to settle UK app developers’ lawsuit
• Negative Sentiment: Multiple law firms announced investigations into possible securities-law violations involving Alphabet, which could increase headline risk despite the notices containing no finding of wrongdoing. Pomerantz investor alert
• Negative Sentiment: Alphabet’s AI infrastructure spending remains a concern: servers represented roughly 60% of technical infrastructure investment, while Nvidia-based server prices may rise more than 15%, potentially pressuring capital efficiency and free cash flow. Alphabet infrastructure spending and Nvidia server prices

Insider Activity

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 451,843 shares of company stock valued at $12,343,852 in the last 90 days. Company insiders own 11.61% of the company’s stock.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.