Root Financial Partners LLC Acquires 2,164 Shares of Alphabet Inc. $GOOG

Posted by Jessica Moore on Jul 6th, 2026

Root Financial Partners LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 15.4% during the first quarter, Holdings Channel.com reports. The firm owned 16,254 shares of the information services provider’s stock after acquiring an additional 2,164 shares during the quarter. Root Financial Partners LLC’s holdings in Alphabet were worth $4,663,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Twin City Private Wealth LLC grew its stake in shares of Alphabet by 3.1% during the first quarter. Twin City Private Wealth LLC now owns 5,812 shares of the information services provider’s stock valued at $1,667,000 after buying an additional 175 shares during the last quarter. Jacobsen Capital Management increased its holdings in shares of Alphabet by 0.6% in the first quarter. Jacobsen Capital Management now owns 7,793 shares of the information services provider’s stock worth $2,236,000 after buying an additional 43 shares during the period. Horizon Wealth Management LLC lifted its stake in shares of Alphabet by 1.3% in the 1st quarter. Horizon Wealth Management LLC now owns 6,012 shares of the information services provider’s stock valued at $1,725,000 after acquiring an additional 78 shares during the last quarter. EJMK Ventures LLC boosted its holdings in Alphabet by 2.4% during the 1st quarter. EJMK Ventures LLC now owns 3,769 shares of the information services provider’s stock valued at $1,081,000 after acquiring an additional 88 shares during the period. Finally, CHICAGO TRUST Co NA boosted its holdings in Alphabet by 24.1% during the 1st quarter. CHICAGO TRUST Co NA now owns 46,814 shares of the information services provider’s stock valued at $13,429,000 after acquiring an additional 9,096 shares during the period. 27.26% of the stock is owned by institutional investors.

Alphabet Price Performance

GOOG opened at $356.18 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market capitalization of $4.32 trillion, a PE ratio of 27.17, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23. The stock’s 50 day moving average price is $368.31 and its 200-day moving average price is $333.49. Alphabet Inc. has a 52-week low of $173.88 and a 52-week high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. During the same quarter in the previous year, the business posted $2.81 earnings per share. The firm’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, equities research analysts predict that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is presently 6.71%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet continues to benefit from bullish investor and analyst sentiment, with several recent reports highlighting strong earnings momentum, favorable price targets, and optimism around its AI and cloud growth. Zacks: Top-Performing ETF Areas of 1H 2026
Positive Sentiment: Google Cloud is gaining enterprise traction, including a new Reuters report that Italy’s Intesa Sanpaolo moved core IT systems to Google’s cloud, supporting the case for faster cloud revenue growth. Reuters: Italy’s Intesa shifts core IT banking systems to Google’s cloud technology
Positive Sentiment: Walmart’s partnership with Google on a Gemini-powered shopping experience reinforces Alphabet’s position in applied AI and could open future commerce-related revenue opportunities. 247WallSt: Which Stocks Win When Google AI Powers Walmart’s Checkout?
Neutral Sentiment: Alphabet was mentioned in connection with an Open USD stablecoin partnership list, but the report says some companies deny signing on, making the impact unclear. TipRanks: Open USD Stablecoin Lists Major Partners, But Some Say They Never Signed On
Neutral Sentiment: Alphabet insider John Kent Walker sold shares, but the transaction appears routine and is unlikely by itself to change the company’s outlook. InsiderTrades: John Kent Walker Alphabet transaction
Negative Sentiment: The EU’s top court upheld a record €4.1 billion antitrust fine against Google over Android practices, a meaningful legal setback that keeps regulatory pressure on Alphabet. Reuters: EU top court dismisses Google fight against record €4.1 billion EU antitrust fine
Negative Sentiment: Several articles flagged investor concern over Alphabet’s heavy AI infrastructure spending, with scrutiny growing around whether capex will pressure margins before it boosts returns. Yahoo Finance: Alphabet Drops 6% Despite $4.3 Trillion Valuation as AI Spending Draws Scrutiny

Wall Street Analysts Forecast Growth

GOOG has been the topic of a number of analyst reports. Truist Financial set a $430.00 price target on Alphabet in a research note on Monday, June 1st. Scotiabank restated an “outperform” rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Pivotal Research reaffirmed a “buy” rating and issued a $470.00 target price (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $376.19.

Check Out Our Latest Stock Analysis on GOOG

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the transaction, the chief accounting officer owned 27,348 shares in the company, valued at approximately $9,345,358.56. This represents a 1.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 8,998 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 160,465 shares of company stock worth $8,020,511. Insiders own 12.99% of the company’s stock.

Alphabet Profile

(Free Report)

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.