Alphabet Inc. $GOOG Shares Acquired by Beacon Financial Group

Beacon Financial Group boosted its position in Alphabet Inc. (NASDAQ:GOOG) by 22.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,168 shares of the information services provider’s stock after purchasing an additional 2,969 shares during the period. Beacon Financial Group’s holdings in Alphabet were worth $4,638,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. Vanguard Group Inc. raised its stake in shares of Alphabet by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after buying an additional 8,128,234 shares during the last quarter. State Street Corp grew its stake in Alphabet by 0.5% in the 4th quarter. State Street Corp now owns 187,102,863 shares of the information services provider’s stock valued at $58,712,878,000 after acquiring an additional 953,790 shares during the last quarter. Auto Owners Insurance Co increased its holdings in Alphabet by 38,409.2% during the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock valued at $5,643,262,000 after acquiring an additional 179,369,280 shares in the last quarter. J. Stern & Co. LLP increased its holdings in Alphabet by 28,482.8% during the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock valued at $35,174,429,000 after acquiring an additional 111,699,704 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Alphabet by 1.1% during the fourth quarter. JPMorgan Chase & Co. now owns 100,602,893 shares of the information services provider’s stock worth $31,569,189,000 after acquiring an additional 1,073,151 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 160,465 shares of company stock valued at $8,020,511. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Performance

Shares of GOOG opened at $350.67 on Tuesday. Alphabet Inc. has a 1 year low of $180.71 and a 1 year high of $404.47. The company’s 50 day simple moving average is $369.19 and its 200 day simple moving average is $335.63. The company has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.52 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

Alphabet (NASDAQ:GOOG) last released 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. The firm had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.81 EPS. On average, sell-side analysts predict that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were given a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet received a fresh boost from analyst commentary and upgrades, including a Zacks Rank #1 (Strong Buy) and Bank of America’s view that Google search remains in an “expansionary moment,” which supports the case for continued earnings strength. Article: Alphabet (GOOG) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Reports highlighted continued user and traffic gains for Google, while new AI chip initiatives suggest Alphabet could expand its TPU business and strengthen its position in cloud AI infrastructure. Article: Google holds steady as Claude, Gemini surge in June user growth
• Positive Sentiment: Several articles framed Alphabet as a key AI beneficiary with custom chips, hyperscaler scale, and potential upside into its July 22 earnings report, which may be helping support the shares. Article: Google (GOOGL) Wants a Bigger Piece of Nvidia’s AI Chip Market – Here’s Its Plan
• Neutral Sentiment: Investors are also watching Alphabet closely because it is a heavily followed “trending stock,” with attention building ahead of earnings rather than on a single new fundamental catalyst. Article: Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Despite the bullish AI narrative, multiple reports point to a large and rising capex burden—analysts expect roughly $44.9 billion in Q2 capital spending—raising concerns that heavy AI investment could pressure near-term margins and cash flow. Article: Big Tech’s Massive AI Spending Is Just Starting. Earnings Will Show It.
• Negative Sentiment: Alphabet also faces broader investor concern that its ad dominance could come under threat and that the market may be discounting the payoff from its spending surge until earnings confirm the growth story. Article: Alphabet’s $1 Trillion Ad Dominance Is Facing New Threats

Wall Street Analyst Weigh In

Several research firms have recently commented on GOOG. Phillip Securities lowered shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Oppenheimer lifted their price objective on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. KeyCorp set a $445.00 target price on Alphabet in a research note on Friday. Zacks Research upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Finally, Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Monday, June 22nd. Five analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average target price of $378.53.

Alphabet Profile

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.