Hyperion Capital Advisors LP Has $13.47 Million Stock Position in Alphabet Inc. $GOOG

Hyperion Capital Advisors LP trimmed its position in Alphabet Inc. (NASDAQ:GOOG) by 27.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,128 shares of the information services provider’s stock after selling 14,414 shares during the quarter. Alphabet accounts for 6.1% of Hyperion Capital Advisors LP’s holdings, making the stock its 6th biggest holding. Hyperion Capital Advisors LP’s holdings in Alphabet were worth $13,472,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of Alphabet in the third quarter valued at about $31,000. Nvest Wealth Strategies Inc. acquired a new stake in Alphabet in the 4th quarter worth about $38,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the 4th quarter valued at about $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the 4th quarter worth approximately $41,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Alphabet during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on GOOG shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. DA Davidson lowered their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research note on Thursday, July 23rd. TD Cowen reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Wolfe Research reiterated an “outperform” rating on shares of Alphabet in a research report on Thursday. Finally, BMO Capital Markets increased their target price on Alphabet from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Six 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. According to MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and a consensus price target of $415.55.

Alphabet Stock Performance

Shares of Alphabet stock opened at $342.88 on Monday. The company has a 50 day moving average of $347.79 and a 200-day moving average of $340.08. Alphabet Inc. has a 1-year low of $206.96 and a 1-year high of $404.47. 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 company has a market cap of $4.19 trillion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23.

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

Alphabet Dividend Announcement

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

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI products are broadening Alphabet’s growth story. Google is expanding AI Mode with flight-price tracking, hotel-booking assistance and loyalty-point comparisons, while Gemini’s new “Personal Intelligence” features are making AI assistance more accessible to mainstream users. A potential Gemini 3.8 Flash release and the hiring of former OpenAI executive Barret Zoph further reinforce Alphabet’s competitive AI position. Google AI Mode article
• Positive Sentiment: Cloud momentum and AI infrastructure remain key bullish catalysts. Analysts point to surging Google Cloud revenue, AI adoption and a reported $514 billion backlog as evidence that Alphabet is gaining ground on Microsoft and Amazon. Wolfe Research named Alphabet a top 2027 pick and set a $460 target, citing accelerating cloud growth. Alphabet’s expanded custom-chip relationship with Marvell could also strengthen its TPU ecosystem and reduce reliance on outside suppliers over time. Google Cloud growth article
• Neutral Sentiment: Technical and valuation commentary is broadly supportive but not a new fundamental catalyst. Analysts continue to view GOOG favorably, and technical analysis identifies support near a key moving-average level. However, the stock remains below its 50-day average, suggesting investors are still weighing growth against execution risks. Alphabet technical analysis
• Negative Sentiment: Regulatory and litigation overhangs persist. Google changed its European spam-policy enforcement to avoid a potential antitrust fine, a concession that may reduce near-term financial risk but could constrain search operations. Alphabet also agreed to a roughly $353 million UK Play Store settlement, while the FTC is reportedly considering a lawsuit over YouTube account suspensions. Multiple law firms separately announced securities-fraud investigations, though these notices do not establish wrongdoing. Google EU spam policy article
• Negative Sentiment: Investors remain alert to the cost of the AI race. Reports that major technology companies have approximately $3 trillion in off-balance-sheet AI commitments, alongside Alphabet’s heavy capital spending and negative free cash flow concerns, could pressure future returns if AI monetization lags investment. Big Tech AI spending article

Insiders Place Their Bets

In related 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 value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 451,843 shares of company stock worth $12,343,852. 12.99% of the stock is currently owned by company insiders.

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.