Alphabet Inc. $GOOG is Hamel Associates Inc.’s 6th Largest Position

Posted by Francis Steltz on Jul 24th, 2026

Hamel Associates Inc. reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 4.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,746 shares of the information services provider’s stock after selling 2,062 shares during the period. Alphabet accounts for about 4.1% of Hamel Associates Inc.’s holdings, making the stock its 6th biggest position. Hamel Associates Inc.’s holdings in Alphabet were worth $14,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Human Investing LLC increased its position in Alphabet by 4.7% during the 1st quarter. Human Investing LLC now owns 2,107 shares of the information services provider’s stock worth $605,000 after purchasing an additional 94 shares in the last quarter. Scarborough Advisors LLC lifted its holdings in Alphabet by 1.2% in the 1st quarter. Scarborough Advisors LLC now owns 2,571 shares of the information services provider’s stock valued at $737,000 after purchasing an additional 31 shares in the last quarter. Resolute Wealth Strategies LLC boosted its stake in shares of Alphabet by 0.8% during the 1st quarter. Resolute Wealth Strategies LLC now owns 23,409 shares of the information services provider’s stock worth $6,715,000 after purchasing an additional 193 shares during the last quarter. Planning Alternatives Ltd. ADV boosted its stake in shares of Alphabet by 26.7% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 4,080 shares of the information services provider’s stock worth $1,170,000 after purchasing an additional 860 shares during the last quarter. Finally, Broderick Brian C grew its holdings in shares of Alphabet by 8.4% during the first quarter. Broderick Brian C now owns 10,895 shares of the information services provider’s stock worth $3,125,000 after buying an additional 840 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet posted blockbuster Q2 results, with revenue up 24% to $119.8 billion and EPS of $9.11, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also remained strong.
Positive Sentiment: Management and analysts said AI demand is still outpacing capacity, suggesting Alphabet’s spending is supporting long-term growth rather than just driving costs.
Positive Sentiment: Several Wall Street firms kept bullish ratings or raised targets, saying the pullback may be creating an attractive entry point despite near-term volatility.
Positive Sentiment: Alphabet disclosed a large stake in SpaceX, which some investors view as an additional valuable asset on the balance sheet.
Neutral Sentiment: Alphabet announced a quarterly dividend of $0.22 per share, a modest capital-return move that is unlikely to be a major near-term driver given the stock’s much larger AI investment story.
Neutral Sentiment: Several funds and institutions disclosed portfolio changes in GOOG, with some adding shares and others trimming, reflecting mixed but ongoing institutional interest.
Neutral Sentiment: Google also rolled out small product updates such as selfie-video sign-in and easier iPhone-to-Android switching, which are positive for engagement but not material stock catalysts.
Negative Sentiment: Investors are worried about Alphabet’s sharply higher capital spending guidance for 2026 and a first-ever quarterly negative free cash flow reading, raising concerns that AI investments may take longer to pay off.
Negative Sentiment: Alphabet ended its long-running quarterly buyback pattern, which removes a steady source of support for the shares.
Negative Sentiment: The company also faces fresh regulatory and legal pressure, including an about $1 billion EU antitrust fine and multiple securities-fraud investigations.
Negative Sentiment: Reports of declining Google search traffic from AI overviews and concerns about publisher partnerships add another overhang to the core search business.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GOOG shares. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Wednesday. Wedbush began coverage on shares of Alphabet in a research note on Thursday, July 16th. They issued an “outperform” rating and a $445.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Thursday. Pivotal Research increased their price target on Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Zacks Research upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and a consensus target price of $410.09.

Get Our Latest Analysis on GOOG

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,998 shares of the stock in a transaction 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 transaction, the insider directly owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Friday, June 26th. The shares were sold at an average price of $341.72, for a total value of $153,432.28. Following the completion of the transaction, the chief accounting officer owned 27,348 shares in the company, valued at $9,345,358.56. The trade was a 1.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 159,415 shares of company stock worth $7,672,279. 12.99% of the stock is currently owned by company insiders.

Alphabet Trading Down 6.9%

Shares of GOOG stock opened at $318.34 on Friday. The firm’s 50-day simple moving average is $362.11 and its 200-day simple moving average is $337.51. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a 1-year low of $188.70 and a 1-year high of $404.47. The firm has a market cap of $3.86 trillion, a P/E ratio of 15.99, a PEG ratio of 1.40 and a beta of 1.23.

Alphabet (NASDAQ:GOOG – Get Free Report) last released 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 $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 57.20%. Alphabet’s revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.31 earnings per share. As a group, equities analysts forecast that Alphabet Inc. will post 14.34 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is presently 6.71%.

Alphabet Company 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.