Alphabet Inc. $GOOG is Sei Investments Co.’s 5th Largest Position

Sei Investments Co. boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 29.2% in the first quarter, HoldingsChannel.com reports. The firm owned 5,860,888 shares of the information services provider’s stock after buying an additional 1,325,302 shares during the quarter. Alphabet comprises about 1.6% of Sei Investments Co.’s investment portfolio, making the stock its 5th largest holding. Sei Investments Co.’s holdings in Alphabet were worth $1,681,254,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Imprint Wealth LLC acquired a new position in shares of Alphabet in the 3rd quarter valued at $31,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Alphabet during the 4th quarter worth $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet during the 4th quarter worth $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the 4th quarter worth $41,000. Finally, Towne Trust Company N.A increased its stake in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of Alphabet from $418.00 to $411.00 and set an “overweight” rating for the company in a research note on Thursday. Phillip Securities lowered Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Stifel Nicolaus set a $420.00 price target on Alphabet in a research report on Wednesday, May 20th. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Thursday. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Alphabet in a research note on Thursday. Six investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $410.09.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet posted a strong Q2 beat, with revenue and EPS coming in ahead of expectations, while Google Cloud revenue surged 82% and cloud margins improved sharply.
• Positive Sentiment: AI and product demand remain strong, with management saying AI usage is rising across Search, Cloud, and Gemini, supporting the long-term growth story.
• Positive Sentiment: Several analysts reiterated bullish views or raised targets, and multiple commentary pieces argued the stock looks attractive after the pullback.
• Positive Sentiment: Verizon signed a deal worth more than $1 billion with Google for dark fiber connectivity, adding another sign of infrastructure demand tied to Alphabet’s data-center buildout. Article Title
• Neutral Sentiment: Waymo is reportedly considering ending its Uber partnership, which could affect how quickly Alphabet’s robotaxi business scales, but the direct financial impact is still unclear. Article Title
• Neutral Sentiment: Alphabet also disclosed a large SpaceX stake and saw some institutional holders trim positions, but these items are secondary to the main debate over AI spending and cash flow.
• Negative Sentiment: Investors were unnerved by Alphabet’s higher CapEx guidance and negative free cash flow, which raised concerns that AI spending may be outpacing near-term returns.
• Negative Sentiment: Alphabet was also hit by an EU antitrust fine of about $1 billion, adding another regulatory overhang. Article Title
• Negative Sentiment: Moody’s warned that the industry-wide AI buildout could threaten credit quality at Alphabet and other hyperscalers, reinforcing concerns about balance-sheet strain from heavy infrastructure investment. Article Title

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director owned 1,481 shares in the company, valued at $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director directly owned 18,833 shares of the company’s stock, valued at $6,615,656.24. The trade was a 0.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 159,415 shares of company stock valued at $7,672,279 over the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Alphabet Price Performance

GOOG opened at $319.09 on Monday. Alphabet Inc. has a 52-week low of $188.70 and a 52-week high of $404.47. The company has a 50 day moving average of $360.63 and a two-hundred day moving average of $337.53. The company has a market cap of $3.87 trillion, a P/E ratio of 16.03, a P/E/G ratio of 1.08 and a beta of 1.23. 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 (NASDAQ:GOOG) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.31 EPS. On average, analysts expect that Alphabet Inc. will post 17.25 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a $0.22 dividend. 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 (DPR) is 4.42%.

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.