Alphabet Inc. $GOOG is Syon Capital LLC’s 6th Largest Position

Syon Capital LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 10.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 142,483 shares of the information services provider’s stock after acquiring an additional 13,348 shares during the period. Alphabet comprises approximately 2.2% of Syon Capital LLC’s portfolio, making the stock its 6th biggest holding. Syon Capital LLC’s holdings in Alphabet were worth $50,343,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Denali Advisors LLC lifted its holdings in Alphabet by 14.8% in the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after buying an additional 13,700 shares during the period. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Alphabet by 1.0% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after acquiring an additional 2,850 shares in the last quarter. Heck Capital Advisors LLC lifted its stake in Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares during the period. Violich Capital Management Inc. lifted its stake in Alphabet by 1.0% in the fourth quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider’s stock worth $106,936,000 after acquiring an additional 3,378 shares during the period. Finally, Montchanin Asset Management LLC bought a new stake in Alphabet in the first quarter valued at $7,075,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on GOOG. Rosenblatt Securities assumed coverage on shares of Alphabet in a research note on Thursday, August 20th. They set a “buy” rating on the stock. Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price objective (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. KeyCorp set a $445.00 target price on Alphabet in a report on Friday, July 10th. Finally, BMO Capital Markets raised their target price on Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $415.55.

Alphabet Price Performance

Shares of GOOG opened at $335.31 on Tuesday. The stock has a market cap of $4.10 trillion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 0.97 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a fifty-two week low of $232.38 and a fifty-two week high of $404.47. The firm’s 50-day simple moving average is $346.64 and its two-hundred day simple moving average is $341.18.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $116.53 billion. During the same period 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 anticipate that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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 paid a dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 451,925 shares of company stock valued at $12,371,544. 12.99% of the stock is currently owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet unveiled Gemini 3.8 Flash and its Fairwind program, developments that could strengthen its position in AI applications and increase monetization opportunities across Google’s ecosystem. Google Unveils Gemini 3.8 Flash and Fairwind Program
• Positive Sentiment: Commentary highlights Google Cloud’s growth reportedly running at roughly twice Azure’s rate while Alphabet trades at a lower valuation multiple, suggesting investors may be underestimating the company’s cloud and AI potential. Alphabet May Be the Mag 7 Stock Investors Are Underestimating
• Positive Sentiment: Reports say Berkshire Hathaway has accumulated a substantial Alphabet position, with Warren Buffett confirming he initiated the investment. The endorsement supports confidence in Alphabet’s long-term earnings power and valuation. Warren Buffett and Berkshire’s Alphabet Bet
• Positive Sentiment: Alphabet is also being presented as a potential “quiet winner” in the AI arms race, because its infrastructure, cloud business, and AI services could benefit even though it is not primarily a chip supplier. Alphabet as a Potential AI Arms-Race Winner
• Neutral Sentiment: Google is expanding an AI trial with Cathay Pacific to reduce aircraft contrails. The project reinforces Alphabet’s applied-AI capabilities but is unlikely to have a material near-term effect on revenue. Cathay Pacific and Google Expand AI Trials
• Negative Sentiment: Bill Ackman’s Pershing Square reportedly sold its entire Alphabet stake and bought Netflix instead, potentially weighing on sentiment. The report cited Alphabet’s aggressive AI infrastructure spending as a source of volatility. Bill Ackman Sells Alphabet Stock
• Negative Sentiment: Analysts see strong revenue growth but a more muted earnings outlook, while massive AI investment is pressuring returns on capital and could raise concerns about profitability and capital efficiency. Alphabet Offers Revenue Growth but Muted Earnings Outlook
• Negative Sentiment: A law firm announced a securities-fraud investigation on behalf of Alphabet shareholders. No wrongdoing has been established, but the announcement creates a potential legal and reputational overhang. Alphabet Shareholder Securities-Fraud Investigation

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.