Precision Wealth Strategies LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 106.3% during the first quarter, Holdings Channel.com reports. The firm owned 17,913 shares of the information services provider’s stock after buying an additional 9,229 shares during the period. Alphabet makes up 1.7% of Precision Wealth Strategies LLC’s holdings, making the stock its 12th biggest holding. Precision Wealth Strategies LLC’s holdings in Alphabet were worth $5,151,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Lifetime Wealth Management P.C. bought a new stake in Alphabet during the 4th quarter valued at $32,000. EMC Capital Management bought a new position in shares of Alphabet in the 4th quarter worth $33,000. IFC & Insurance Marketing Inc. bought a new position in shares of Alphabet in the 4th quarter worth $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet during the 4th quarter worth $52,000. Finally, Kentucky Trust Co lifted its stake in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after purchasing an additional 100 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
- Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
- Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
- Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
- Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
- Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk
Insider Activity at Alphabet
Alphabet Trading Up 0.9%
Shares of NASDAQ:GOOGL opened at $336.71 on Thursday. The business’s 50-day moving average is $359.40 and its 200 day moving average is $339.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1 year low of $187.82 and a 1 year high of $408.61. The firm has a market capitalization of $4.08 trillion, a P/E ratio of 16.91, a P/E/G ratio of 0.95 and a beta of 1.24.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. On average, research analysts predict that Alphabet Inc. will post 20.15 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a $0.22 dividend. 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 dividend payout ratio (DPR) is 4.42%.
Analyst Upgrades and Downgrades
GOOGL has been the topic of a number of recent research reports. Citizens Jmp reaffirmed a “market outperform” rating and set a $515.00 price objective on shares of Alphabet in a research report on Wednesday, July 22nd. Rosenblatt Securities reiterated a “neutral” rating and issued a $393.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Zacks Research upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $425.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $419.86.
Get Our Latest Stock Analysis on Alphabet
Alphabet Company Profile
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
Further Reading
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