Commerzbank Aktiengesellschaft FI raised its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 5.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,528 shares of the information services provider’s stock after acquiring an additional 2,692 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Alphabet were worth $16,216,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Imprint Wealth LLC acquired a new stake in shares of Alphabet during the 3rd quarter valued at $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet during the fourth quarter worth about $38,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. purchased a new position in Alphabet in the fourth quarter valued at about $41,000. Finally, Towne Trust Company N.A raised its stake in Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after purchasing an additional 34 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.
Alphabet Stock Down 6.9%
GOOG opened at $318.34 on Friday. The firm has a 50 day moving average price of $362.11 and a 200-day moving average price of $337.51. The stock has a market capitalization of $3.86 trillion, a price-to-earnings ratio of 15.99, a PEG ratio of 1.40 and a beta of 1.23. 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 twelve month low of $188.70 and a twelve month high of $404.47.
Alphabet Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on GOOG shares. UBS Group reissued a “neutral” rating and issued a $379.00 price target (down from $400.00) on shares of Alphabet in a report on Thursday. Wolfe Research set a $460.00 price target on shares of Alphabet in a research report on Thursday. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research note on Wednesday. Cantor Fitzgerald restated an “overweight” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a report on Thursday. Finally, DA Davidson reduced their target price on Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $410.09.
Get Our Latest Stock Analysis on GOOG
Insider Activity at Alphabet
In other Alphabet news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the sale, the director directly owned 18,833 shares in the company, valued at approximately $6,615,656.24. The trade was a 0.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This trade represents a 41.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,415 shares of company stock valued at $7,672,279 in the last ninety days. Corporate insiders own 12.99% of the company’s stock.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet posted blockbuster Q2 results, with revenue up 24% to $119.8 billion and EPS of $9.11, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also remained strong.
- Positive Sentiment: Management and analysts said AI demand is still outpacing capacity, suggesting Alphabet’s spending is supporting long-term growth rather than just driving costs.
- Positive Sentiment: Several Wall Street firms kept bullish ratings or raised targets, saying the pullback may be creating an attractive entry point despite near-term volatility.
- Positive Sentiment: Alphabet disclosed a large stake in SpaceX, which some investors view as an additional valuable asset on the balance sheet.
- Neutral Sentiment: Alphabet announced a quarterly dividend of $0.22 per share, a modest capital-return move that is unlikely to be a major near-term driver given the stock’s much larger AI investment story.
- Neutral Sentiment: Several funds and institutions disclosed portfolio changes in GOOG, with some adding shares and others trimming, reflecting mixed but ongoing institutional interest.
- Neutral Sentiment: Google also rolled out small product updates such as selfie-video sign-in and easier iPhone-to-Android switching, which are positive for engagement but not material stock catalysts.
- Negative Sentiment: Investors are worried about Alphabet’s sharply higher capital spending guidance for 2026 and a first-ever quarterly negative free cash flow reading, raising concerns that AI investments may take longer to pay off.
- Negative Sentiment: Alphabet ended its long-running quarterly buyback pattern, which removes a steady source of support for the shares.
- Negative Sentiment: The company also faces fresh regulatory and legal pressure, including an about $1 billion EU antitrust fine and multiple securities-fraud investigations.
- Negative Sentiment: Reports of declining Google search traffic from AI overviews and concerns about publisher partnerships add another overhang to the core search business.
Alphabet Company 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.
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