Orographic Financial Advisors LLC Invests $3 Million in Alphabet Inc. $GOOGL

Orographic Financial Advisors LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOGL) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,425 shares of the information services provider’s stock, valued at approximately $2,997,000. Alphabet comprises 2.1% of Orographic Financial Advisors LLC’s investment portfolio, making the stock its 15th largest position.

A number of other large investors have also recently made changes to their positions in GOOGL. NewEdge Wealth LLC boosted its stake in shares of Alphabet by 11.8% during the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock worth $277,696,000 after buying an additional 93,293 shares during the period. PFG Investments LLC raised its stake in Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after acquiring an additional 2,269 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new stake in Alphabet during the 4th quarter worth approximately $28,902,000. W.G. Shaheen & Associates DBA Whitney & Co grew its stake in shares of Alphabet by 17.1% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider’s stock valued at $37,236,000 after purchasing an additional 17,415 shares during the last quarter. Finally, Victory Financial Group LLC increased its holdings in shares of Alphabet by 29.8% in the fourth quarter. Victory Financial Group LLC now owns 17,632 shares of the information services provider’s stock valued at $5,519,000 after purchasing an additional 4,048 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent research reports. Rothschild & Co Redburn increased their price target on Alphabet from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Wednesday, June 3rd. Dbs Bank upped their price objective on shares of Alphabet from $400.00 to $460.00 in a research report on Thursday, May 7th. Wolfe Research lowered their target price on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Finally, Robert W. Baird boosted their price target on shares of Alphabet from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $419.86.

Alphabet Stock Down 1.3%

GOOGL stock opened at $357.75 on Friday. The company has a market cap of $4.38 trillion, a P/E ratio of 17.97, a P/E/G ratio of 1.02 and a beta of 1.24. Alphabet Inc. has a 52 week low of $194.33 and a 52 week high of $408.61. The company’s 50-day moving average price is $356.20 and its 200 day moving average price is $340.31. 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 (NASDAQ:GOOGL) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. On average, research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed 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. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is seeking up to $25 billion through a 10-part U.S. bond offering, with reports indicating orders could exceed $115 billion. The strong demand suggests investors and lenders remain confident in Alphabet’s credit profile, while the funds will support AI data centers, computing capacity and other corporate needs. Alphabet seeks up to $25 billion from its latest bond sale
• Positive Sentiment: AI demand continues to create growth opportunities for Google Cloud. AI lab Mirendil signed a multiyear agreement worth more than $100 million for Google Cloud computing capacity, reinforcing demand for Alphabet’s infrastructure and services. Mirendil signs Google Cloud deal
• Neutral Sentiment: Demis Hassabis is moving from day-to-day leadership of Google DeepMind to become Alphabet’s chief scientist and chair of DeepMind, with a focus on long-term research, artificial general intelligence and Isomorphic Labs. Management says the change is intended to improve coordination between research and commercialization. Demis Hassabis new role
• Negative Sentiment: Investors remain concerned that Hassabis’ reduced operating role, combined with the departure of longtime chief scientist Jeff Dean and other senior researchers, could weaken Alphabet’s ability to retain talent and compete in frontier AI. The leadership changes followed concerns about delays in Google’s next-generation Gemini products. Google AI leadership departures
• Negative Sentiment: The debt offering highlights the scale of Alphabet’s AI spending. Although borrowing can preserve cash for operations, it increases interest obligations and intensifies scrutiny over whether future AI revenue will justify the substantial capital investment. Alphabet bond offering and AI spending
• Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over potential effects on water supplies and wildlife, creating possible permitting, reputational and construction risks. Google India data center environmental concerns

Alphabet 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.