Groupe la Francaise Has $118.92 Million Stock Holdings in Alphabet Inc. $GOOG

Groupe la Francaise boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.0% during the 1st quarter, HoldingsChannel reports. The fund owned 415,468 shares of the information services provider’s stock after buying an additional 8,047 shares during the quarter. Alphabet makes up approximately 1.6% of Groupe la Francaise’s investment portfolio, making the stock its 13th biggest holding. Groupe la Francaise’s holdings in Alphabet were worth $118,916,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Providence Wealth Advisors LLC boosted its stake in Alphabet by 0.3% during the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock worth $3,094,000 after buying an additional 29 shares in the last quarter. One Charles Private Wealth Services LLC raised its stake in shares of Alphabet by 0.6% in the first quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock valued at $1,390,000 after acquiring an additional 29 shares during the last quarter. Ring Mountain Capital LLC boosted its holdings in shares of Alphabet by 0.9% in the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after acquiring an additional 30 shares in the last quarter. Cannon Financial Strategists Inc. boosted its holdings in shares of Alphabet by 1.9% in the 4th quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock worth $499,000 after acquiring an additional 30 shares in the last quarter. Finally, Financial Enhancement Group LLC grew its position in Alphabet by 2.3% during the 1st quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock worth $380,000 after acquiring an additional 30 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is expanding its AI capabilities. Google DeepMind introduced Gemini Robotics 2, designed to control the full bodies of humanoid robots, while Google said internal AI tools helped it fix more Chrome security bugs in June than during the previous two years. These developments highlight potential long-term opportunities beyond search and advertising. Gemini Robotics 2
• Positive Sentiment: Analyst support remains favorable. Erste Group raised its FY2026 earnings forecast to $20.50 per share from $14.27, above the roughly $20.15 consensus. Separate reports also cited upgrades and price targets materially above recent trading levels.
• Neutral Sentiment: Google is committing further capital to AI infrastructure. Banks are reportedly discussing up to $15 billion in financing for an Anthropic data center backed by Google, potentially strengthening Google Cloud’s strategic position. However, guarantees for power and lease obligations could increase Alphabet’s financial commitments. Anthropic data center financing
• Negative Sentiment: AI Overviews may be disrupting Google’s referral ecosystem. Reddit’s CEO said AI Overviews have not generated value comparable to the traditional “10 blue links,” while Reddit is receiving less referral traffic. This raises questions about publisher relationships, content supply and the potential effect of AI search on Google’s broader web ecosystem. Reddit CEO comments on AI Overviews
• Negative Sentiment: Microsoft’s stronger market reaction underscored investor concerns. Microsoft’s Azure and Copilot results reinforced its AI leadership, highlighting the competitive challenge to Google Cloud. At the same time, Alphabet insiders and several funds reported share sales, adding to cautious sentiment after the earnings-related pullback.

Insider Transactions at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 600,547 shares of company stock valued at $16,255,540 in the last three months. Company insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on GOOG shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a report on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price objective on Alphabet in a research note on Thursday, July 23rd. UBS Group restated a “neutral” rating and set a $379.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, July 23rd. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a report on Wednesday, July 22nd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $410.09.

Alphabet Stock Down 0.6%

NASDAQ:GOOG opened at $333.68 on Friday. The stock’s fifty day moving average price is $356.27 and its two-hundred day moving average price is $337.78. Alphabet Inc. has a 52-week low of $188.70 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market cap of $4.04 trillion, a price-to-earnings ratio of 16.76, a P/E/G ratio of 0.94 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same period last year, the firm earned $2.31 EPS. On average, analysts anticipate that Alphabet Inc. will post 20.52 EPS for the current 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 given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

About Alphabet

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.