Rheos Capital Works Inc. Invests $25.57 Million in Alphabet Inc. $GOOG

Rheos Capital Works Inc. bought a new stake in Alphabet Inc. (NASDAQ:GOOG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 105,000 shares of the information services provider’s stock, valued at approximately $25,573,000. Alphabet accounts for 1.4% of Rheos Capital Works Inc.’s portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of GOOG. Tribridge Partners Financial LLC raised its stake in Alphabet by 62.2% in the 3rd quarter. Tribridge Partners Financial LLC now owns 2,058 shares of the information services provider’s stock worth $507,000 after purchasing an additional 789 shares in the last quarter. CoreCap Advisors LLC increased its holdings in shares of Alphabet by 6.8% during the third quarter. CoreCap Advisors LLC now owns 30,477 shares of the information services provider’s stock worth $7,423,000 after purchasing an additional 1,935 shares during the period. Grandview Asset Management LLC increased its holdings in shares of Alphabet by 7.3% during the third quarter. Grandview Asset Management LLC now owns 28,076 shares of the information services provider’s stock worth $6,838,000 after purchasing an additional 1,914 shares during the period. Cordatus Wealth Management LLC raised its position in shares of Alphabet by 0.6% in the third quarter. Cordatus Wealth Management LLC now owns 50,520 shares of the information services provider’s stock valued at $12,304,000 after buying an additional 287 shares in the last quarter. Finally, North Star Investment Management Corp. boosted its stake in shares of Alphabet by 0.3% in the third quarter. North Star Investment Management Corp. now owns 31,164 shares of the information services provider’s stock valued at $7,590,000 after buying an additional 97 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on GOOG shares. Raymond James Financial set a $275.00 price objective on Alphabet and gave the stock an “outperform” rating in a research note on Friday, October 24th. JPMorgan Chase & Co. raised their price target on Alphabet from $260.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Morgan Stanley upped their price objective on shares of Alphabet from $210.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Finally, UBS Group reissued a “neutral” rating on shares of Alphabet in a report on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average price target of $318.18.

Alphabet Price Performance

Shares of GOOG stock opened at $329.29 on Monday. The business has a fifty day simple moving average of $306.90 and a 200 day simple moving average of $250.59. The company has a market cap of $3.97 trillion, a P/E ratio of 32.47, a P/E/G ratio of 1.82 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $331.48.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. The firm had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.12 earnings per share. On average, sell-side analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 8.28%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets boost upside expectations for GOOG, with Canaccord and others lifting targets well above prior levels — a direct catalyst for buying interest. Canaccord Raises PT to $390
• Positive Sentiment: AI product momentum: reports show Gemini gaining share versus ChatGPT and Gemini-powered features rolling into Gmail at scale — this supports stronger ad/search monetization and cloud expectations. Gemini Gains Market Share
• Positive Sentiment: Market-cap milestone: Alphabet briefly overtook Apple as the world’s No.2 public company — a sign of investor confidence that can attract index/ETF flows and reinforce momentum. Alphabet Surpasses Apple
• Neutral Sentiment: Wiz acquisition pending EU approval by Feb.10 — approval would remove a large M&A overhang; rejection would be a setback. Outcome is material but binary. EU to Decide on Wiz Deal
• Neutral Sentiment: Waymo branding/product updates signal long-term autonomy growth but limited near-term EPS impact; watch commercialization cadence. Waymo Rebrands Robotaxi
• Negative Sentiment: Regulatory/reputational pressure: three Democratic senators urged Apple and Google to suspend X and Grok from their app stores over sexualized images of minors created via AI — a headline that raises moderation/regulatory scrutiny for app stores and Google’s ecosystem. Senators Call to Suspend X and Grok
• Negative Sentiment: Legal exposure from AI products: Alphabet and Character.AI settled suits alleging AI chatbots harmed minors (including a teen suicide), underscoring potential costs, regulation and reputational risk. AI Lawsuit Settlements
• Negative Sentiment: Insider selling and talent movement: CEO Sundar Pichai disclosed a multi-million-dollar share sale; separately, Nvidia hired a Google marketing veteran — both can weigh on near-term sentiment and raise questions about insider cashing and talent retention. Pichai Share Sale

Insider Activity at Alphabet

In other Alphabet news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider owned 42,972 shares in the company, valued at $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer owned 11,739 shares of the company’s stock, valued at $3,383,884.14. This trade represents a 19.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 227,365 shares of company stock valued at $67,350,070 in the last quarter. Insiders own 12.99% of the company’s stock.

Alphabet Profile

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.