Alphabet Inc. $GOOG Shares Sold by Route One Investment Company L.P.

Route One Investment Company L.P. lowered its stake in Alphabet Inc. (NASDAQ:GOOG) by 15.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 584,050 shares of the information services provider’s stock after selling 105,030 shares during the quarter. Alphabet makes up 8.3% of Route One Investment Company L.P.’s investment portfolio, making the stock its 4th largest holding. Route One Investment Company L.P.’s holdings in Alphabet were worth $206,362,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kinetic Partners Management LP lifted its holdings in shares of Alphabet by 319.8% in the second quarter. Kinetic Partners Management LP now owns 166,260 shares of the information services provider’s stock valued at $58,745,000 after purchasing an additional 126,660 shares in the last quarter. American Trust grew its holdings in shares of Alphabet by 15.9% during the second quarter. American Trust now owns 7,319 shares of the information services provider’s stock valued at $2,586,000 after buying an additional 1,002 shares in the last quarter. Cable Car Capital LP grew its holdings in shares of Alphabet by 24.4% during the second quarter. Cable Car Capital LP now owns 1,458 shares of the information services provider’s stock valued at $515,000 after buying an additional 286 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Alphabet by 8.5% during the second quarter. Canada Pension Plan Investment Board now owns 8,956,115 shares of the information services provider’s stock valued at $3,164,464,000 after buying an additional 701,050 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC acquired a new position in Alphabet during the second quarter valued at $29,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Down 1.0%

Alphabet stock opened at $332.03 on Wednesday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $206.96 and a 1-year high of $404.47. The firm’s fifty day simple moving average is $347.23 and its 200-day simple moving average is $340.34. The company has a market capitalization of $4.06 trillion, a P/E ratio of 16.68, a P/E/G ratio of 0.97 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Alphabet’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.31 earnings per share. Sell-side analysts forecast that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders 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 dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google DeepMind is reportedly preparing to release Gemini 3.8 Flash as early as this week. Internal testing suggests the model narrows Google’s coding-performance gap with OpenAI and Anthropic, potentially improving Alphabet’s position in enterprise AI and software development. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo launched public robotaxi service in Denver, San Diego and Tampa, expanding its commercial operations to 14 U.S. cities. The rollout strengthens Alphabet’s long-term autonomous-driving opportunity as competition with Amazon’s Zoox and Tesla intensifies. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google signed a 396-megawatt geothermal power agreement with Fervo Energy, supporting reliable, carbon-free electricity for data-center growth and its AI infrastructure strategy. Fervo signs geothermal power deal with Google
• Neutral Sentiment: Berkshire Hathaway made Alphabet its third-largest holding after reducing Bank of America exposure. The move provides a high-profile vote of confidence, but commentary questioning whether Alphabet is fully valued limits its immediate impact. Alphabet becomes Berkshire’s third-largest holding
• Negative Sentiment: Investors remain concerned that Meta’s AI advertising products and OpenAI’s rapidly growing ad business could threaten Google Search’s advertising dominance and future ad growth. Competition threatens Google Search advertising
• Negative Sentiment: Alphabet’s planned AI infrastructure spending—reportedly potentially reaching $205 billion this year—is raising concerns about depreciation, free cash flow and operating margins despite strong cloud and AI-driven revenue growth. Big Tech AI spending and depreciation concerns
• Negative Sentiment: EU regulators are examining Google’s proposed AI-search publisher opt-out, while a reported £260 million U.K. app-store settlement underscores continuing antitrust and regulatory exposure. EU regulators examine Google AI-search opt-out

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on GOOG shares. Raymond James Financial reissued a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. DZ Bank raised Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Friday, August 14th. Oppenheimer reissued an “outperform” rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Canaccord Genuity Group set a $450.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $415.55.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 82 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the completion of the sale, the director directly owned 18,995 shares in the company, valued at approximately $6,414,801.45. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 451,925 shares of company stock worth $12,371,544. 12.99% of the stock is owned by corporate insiders.

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.