Integrity Advisory Solutions LLC Purchases 1,355 Shares of Alphabet Inc. $GOOG

Integrity Advisory Solutions LLC increased its position in Alphabet Inc. (NASDAQ:GOOG) by 68.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,332 shares of the information services provider’s stock after acquiring an additional 1,355 shares during the quarter. Integrity Advisory Solutions LLC’s holdings in Alphabet were worth $1,046,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GOOG. Vanguard Group Inc. boosted its position in shares of Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after acquiring an additional 8,128,234 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the period. Danske Bank A S bought a new position in shares of Alphabet in the third quarter valued at approximately $678,198,000. PFA Pension Forsikringsaktieselskab bought a new position in shares of Alphabet in the fourth quarter valued at approximately $869,781,000. Finally, Holocene Advisors LP bought a new position in shares of Alphabet in the second quarter valued at approximately $455,745,000. 27.26% of the stock is currently owned by institutional investors.

Alphabet Stock Up 3.8%

Shares of NASDAQ GOOG opened at $369.27 on Friday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47. The firm’s fifty day moving average is $348.54 and its 200 day moving average is $326.80. The company has a market cap of $4.47 trillion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.57 and a beta of 1.22.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same period in the previous year, the firm earned $2.81 earnings per share. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. On average, equities research analysts expect that Alphabet Inc. will post 14.28 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is presently 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to show strong AI momentum, including a reported expansion of its Google Cloud partnership with Lovable and reports that Apple may use Google Cloud to help power a revamped Siri. Those deals reinforce demand for Alphabet’s cloud and AI infrastructure. Lovable signs multi-year deal with Google Cloud to up usage 5x, source says
• Positive Sentiment: Investor confidence appears to be supported by major backers, with Berkshire Hathaway and ARK-related buying cited alongside strong analyst interest and price targets near the low-to-mid $400s. That institutional support is helping offset some of the recent weakness. Google Stock Lures in Both Cathie Wood and Berkshire Hathaway as Giant Investors Rush for a Discount
• Neutral Sentiment: Alphabet’s AI spending plan and equity raise remain the biggest focus: the company increased its planned capital raise to about $84.75 billion to fund AI infrastructure, while also guiding capital expenditures as high as $190 billion. Investors see this as a sign of ambition and demand, but also of heavy near-term spending needs. Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions
• Neutral Sentiment: Alphabet also reported strong AI usage trends, including Gemini reaching 900 million users, which supports the long-term growth narrative even as the market debates whether AI returns justify the spending surge. Alphabet’s Gemini AI App Surges to 900 Million Users
• Negative Sentiment: Sentiment was pressured by Alphabet’s massive new equity financing, which raised dilution and return-on-capex questions as the company leans harder into AI buildout. Some investors are worried the AI infrastructure race is becoming too expensive. Google Stock Drops on New Data Center Buildout amid $190B Capex Headache
• Negative Sentiment: Alphabet’s AI search business also faces new U.K. conduct requirements that let publishers opt out of AI summaries and training use, which could constrain the company’s search monetization and data access over time. UK regulator enforces new competition requirements for Google search
• Negative Sentiment: Reports of quiet layoffs in Google Cloud added to the cautious tone, suggesting Alphabet is still trimming costs even as it ramps spending elsewhere. Google is quietly laying off staff in its cloud division

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of analyst reports. Truist Financial set a $430.00 price objective on shares of Alphabet in a research report on Monday. TD Cowen reiterated a “buy” rating on shares of Alphabet in a research report on Thursday, May 21st. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. JPMorgan Chase & Co. lifted their target price on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, UBS Group reiterated a “neutral” rating and set a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus price target of $376.00.

Insider Buying and Selling

In related news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the transaction, the director directly owned 2,531 shares of the company’s stock, valued at $995,341.06. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 193,016 shares of company stock valued at $17,282,549 over the last quarter. Company insiders own 12.99% of the company’s stock.

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.