Alphabet Inc. $GOOG is Blue Chip Partners LLC’s 3rd Largest Position

Blue Chip Partners LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 187,872 shares of the information services provider’s stock after selling 5,737 shares during the period. Alphabet accounts for approximately 3.9% of Blue Chip Partners LLC’s holdings, making the stock its 3rd largest holding. Blue Chip Partners LLC’s holdings in Alphabet were worth $53,893,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Everest Financial Group LLC raised its holdings in shares of Alphabet by 346.9% during the 1st quarter. Everest Financial Group LLC now owns 20,414 shares of the information services provider’s stock valued at $5,856,000 after buying an additional 15,846 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its stake in Alphabet by 28.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 235,834 shares of the information services provider’s stock worth $67,651,000 after buying an additional 51,530 shares in the last quarter. 44 Wealth Management LLC grew its position in Alphabet by 16.4% during the first quarter. 44 Wealth Management LLC now owns 10,489 shares of the information services provider’s stock valued at $3,009,000 after acquiring an additional 1,481 shares during the last quarter. Union Square Park Capital Management LLC bought a new position in Alphabet during the first quarter valued at approximately $1,434,000. Finally, Van Diest Capital LLC raised its stake in shares of Alphabet by 62.1% during the first quarter. Van Diest Capital LLC now owns 5,853 shares of the information services provider’s stock worth $1,679,000 after acquiring an additional 2,243 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong fundamentals are supporting the rebound. Alphabet’s latest quarter featured 24.2% revenue growth, an EPS beat, and an 82% year-over-year increase in Google Cloud revenue. Analysts and investors argue that AI adoption, Search resilience, YouTube growth, and improving cloud profitability can eventually justify the company’s large infrastructure investments. Alphabet: Buy The Capex-Caused Decline
• Positive Sentiment: Analyst and institutional backing remains constructive. Phillip Securities upgraded Alphabet to “strong buy,” while KeyCorp modestly raised its FY2028 EPS estimate. Asset Management One also added approximately 117,000 GOOGL shares, signaling continued institutional confidence despite recent volatility. Alphabet upgrade
• Positive Sentiment: YouTube expanded its monetization ecosystem. A multiyear agreement will bring Peacock content, including sports and entertainment programming, to YouTube Premium subscribers in the United States, potentially strengthening engagement and subscription value. YouTube and Peacock deal
• Neutral Sentiment: AI remains both the growth engine and the central debate. More than 1,100 technology employees urged governments to establish stronger AI-safety rules. The issue could increase compliance costs, but coordinated regulation may also benefit large, well-funded platforms such as Google over smaller competitors. AI safety plan
• Negative Sentiment: Capital-spending concerns continue to cap enthusiasm. Alphabet’s roughly $195 billion–$205 billion 2026 capex forecast has pushed free cash flow negative and raised questions about returns on AI infrastructure. Investors are looking for evidence that Cloud growth and AI monetization will outpace the spending burden.
• Negative Sentiment: European legal risks are escalating. Following a $1 billion Digital Markets Act fine, rivals could pursue as much as $10 billion in private damages claims, creating potential financial and operational pressure on Google’s European business. Google European damages claims

Wall Street Analyst Weigh In

GOOG has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday. Roth Capital lifted their target price on shares of Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Raymond James Financial reissued a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Pivotal Research upped their price target on shares of Alphabet from $470.00 to $475.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus target price of $410.09.

Alphabet Stock Performance

Shares of GOOG stock opened at $332.60 on Wednesday. The company has a market capitalization of $4.03 trillion, a P/E ratio of 16.71, a PEG ratio of 0.95 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $188.70 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a 50 day moving average price of $358.25 and a two-hundred day moving average price of $337.68.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. During the same quarter last year, the business earned $2.31 earnings per share. The business’s revenue was up 24.2% on a year-over-year basis. Analysts expect that Alphabet Inc. will post 19.79 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.42%.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total transaction of $39,343.36. Following the completion of the transaction, the director directly owned 18,833 shares of the company’s stock, valued at approximately $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the sale, the chief accounting officer owned 27,348 shares of the company’s stock, valued at approximately $9,345,358.56. This represents a 1.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 285,049 shares of company stock worth $10,051,351 over the last ninety days. 12.99% of the stock is owned by company insiders.

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.