Hamilton Wealth LLC Decreases Stake in Alphabet Inc. $GOOG

Hamilton Wealth LLC cut its position in Alphabet Inc. (NASDAQ:GOOG) by 17.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,021 shares of the information services provider’s stock after selling 5,009 shares during the period. Alphabet accounts for 1.3% of Hamilton Wealth LLC’s investment portfolio, making the stock its 21st largest holding. Hamilton Wealth LLC’s holdings in Alphabet were worth $6,604,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Basecamp Wealth Advisors LLC boosted its position in shares of Alphabet by 0.6% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 20,238 shares of the information services provider’s stock worth $5,805,000 after acquiring an additional 123 shares in the last quarter. PVG Asset Management Corp raised its position in shares of Alphabet by 180.3% during the 1st quarter. PVG Asset Management Corp now owns 7,498 shares of the information services provider’s stock worth $2,151,000 after acquiring an additional 4,823 shares in the last quarter. Steelhead Wealth Management LLC acquired a new stake in shares of Alphabet during the 1st quarter worth about $220,000. Lombard Odier Asset Management Europe Ltd purchased a new stake in Alphabet during the first quarter worth approximately $324,000. Finally, E Wealth Partners LLC lifted its stake in Alphabet by 6.9% during the first quarter. E Wealth Partners LLC now owns 1,160 shares of the information services provider’s stock worth $333,000 after purchasing an additional 75 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Thursday, May 21st. Roth Capital raised their price objective on shares of Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Barclays restated an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. DA Davidson lowered their target price on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Finally, Wolfe Research set a $460.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $410.09.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth are supporting the stock. Investors are responding to evidence that Alphabet’s large AI investments can drive revenue and profits. Google Cloud continues to be a key valuation driver, while the company’s custom AI chips are increasingly viewed as credible alternatives to Nvidia’s products. Alphabet and Amazon custom AI chips
• Positive Sentiment: Strong fundamentals and bullish positioning remain supportive. Alphabet recently reported quarterly revenue of $119.8 billion, up 24.2% year over year, and exceeded consensus EPS expectations. Analysts remain broadly positive, while investors purchased approximately 275,667 call options Friday—about 33% above average daily call volume.
• Positive Sentiment: Enterprise AI partnerships could expand Google Cloud demand. Alphabet’s Gemini models are being integrated into Oracle’s enterprise software, and the company is reportedly backing financing for an Anthropic data center. These developments could generate additional demand for Alphabet’s cloud infrastructure and AI services.
• Neutral Sentiment: Capital spending remains the central investment debate. Alphabet raised its 2026 capital-expenditure outlook to $195 billion–$205 billion. The spending is intended to capture AI demand, but investors are watching whether future revenue growth will justify the scale of the investment.
• Negative Sentiment: AI spending is weighing on cash flow. A sharp increase in infrastructure investment reportedly pushed free cash flow negative in the latest quarter, while rising memory and data-center costs could increase future depreciation and pressure margins. AI buildout costs
• Negative Sentiment: Google withdrew its Earth AI feature after misinformation concerns. The one-day-old feature allowed fabricated AI images inside Google Earth, and its cancellation highlights reputational and product-governance risks. Google Earth AI feature cancellation

Alphabet Stock Performance

NASDAQ GOOG opened at $356.65 on Monday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52-week low of $188.70 and a 52-week high of $404.47. The business’s 50-day moving average price is $355.82 and its 200 day moving average price is $337.95. The firm has a market cap of $4.36 trillion, a P/E ratio of 17.91, a P/E/G ratio of 1.00 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.31 EPS. On average, equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Insider Activity

In related news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director directly owned 1,481 shares in the company, valued at $545,941.03. This trade represents a 41.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 600,547 shares of company stock valued at $16,255,540. 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.