Alphabet Inc. $GOOGL Stake Lowered by Burling Wealth Partners LLC

Burling Wealth Partners LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 76,214 shares of the information services provider’s stock after selling 3,739 shares during the quarter. Alphabet comprises about 3.5% of Burling Wealth Partners LLC’s investment portfolio, making the stock its 5th largest position. Burling Wealth Partners LLC’s holdings in Alphabet were worth $21,916,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Andra AP fonden lifted its stake in shares of Alphabet by 93.4% in the first quarter. Andra AP fonden now owns 855,135 shares of the information services provider’s stock valued at $245,903,000 after purchasing an additional 413,061 shares during the period. Summit Asset Management LLC boosted its holdings in Alphabet by 33.4% during the first quarter. Summit Asset Management LLC now owns 4,430 shares of the information services provider’s stock worth $1,274,000 after buying an additional 1,108 shares in the last quarter. Wilkerson Advisory Group LLC grew its position in Alphabet by 190.3% during the first quarter. Wilkerson Advisory Group LLC now owns 2,833 shares of the information services provider’s stock worth $815,000 after buying an additional 1,857 shares during the period. Glenview Trust Co grew its position in Alphabet by 1.0% during the first quarter. Glenview Trust Co now owns 670,528 shares of the information services provider’s stock worth $192,817,000 after buying an additional 6,687 shares during the period. Finally, DUTCH ASSET Corp increased its holdings in Alphabet by 23.9% in the first quarter. DUTCH ASSET Corp now owns 12,861 shares of the information services provider’s stock valued at $3,698,000 after buying an additional 2,478 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s custom Tensor Processing Units (TPUs) are increasingly viewed as credible alternatives to Nvidia chips. That could reduce Google’s dependence on external suppliers and create a potential external chip-revenue opportunity. Alphabet and Amazon custom AI chips
• Positive Sentiment: Recent commentary highlights Alphabet’s record quarter, strong Google Cloud growth, Gemini adoption and enterprise AI demand. Analysts and value-focused investors continue to view GOOGL as comparatively inexpensive among large technology and AI companies. Alphabet AI investment and valuation
• Positive Sentiment: Google is reportedly supporting a $15 billion Anthropic data-center project with chips and financial guarantees, while Oracle is expanding its partnership to bring Gemini models to enterprise applications. These initiatives could drive Google Cloud demand and strengthen Alphabet’s AI ecosystem. Anthropic data center backed by Google
• Neutral Sentiment: Alphabet’s reported quarterly earnings and revenue beat consensus estimates by wide margins, supporting the fundamental case, although investors remain focused on whether AI growth will translate into sufficient cash returns.
• Negative Sentiment: Alphabet withdrew its Google Earth AI image-generation feature only one day after launch following criticism that fabricated imagery could spread misinformation. The quick reversal limits immediate product risk but raises questions about AI governance and rollout discipline. Google Earth AI feature withdrawn
• Negative Sentiment: The AI buildout is becoming increasingly expensive. Alphabet is targeting up to $205 billion in 2026 capital expenditures, while rising memory and infrastructure costs are pressuring cash flow and increasing future depreciation. AI buildout costs and cash flow
• Negative Sentiment: Recent insider sales were small relative to the executives’ remaining holdings, but they provide a modest sentiment headwind. Separately, investor-law-firm investigations could create additional legal and reputational overhang. Alphabet director stock sale

Alphabet Price Performance

GOOGL stock opened at $356.13 on Friday. The stock’s 50 day moving average price is $357.79 and its 200 day moving average price is $339.30. The firm has a market cap of $4.36 trillion, a P/E ratio of 17.89, a PEG ratio of 0.94 and a beta of 1.24. 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 1 year low of $187.82 and a 1 year high of $408.61.

Alphabet (NASDAQ:GOOGL) last released 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 company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. On average, sell-side analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Analyst Upgrades and Downgrades

GOOGL has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Zacks Research raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Truist Financial set a $420.00 price objective on Alphabet and gave the stock a “buy” rating in a report on Thursday, July 23rd. Pivotal Research reiterated a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, New Street Research upped their target price on Alphabet from $450.00 to $455.00 and gave the company a “buy” rating in a report on Friday, June 5th. Six 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 data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus price target of $419.86.

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director directly owned 1,481 shares in the company, valued at approximately $545,941.03. This represents a 41.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is owned by insiders.

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.