Segall Bryant & Hamill LLC Has $51.49 Million Holdings in Alphabet Inc. $GOOG

Posted by Francis Steltz on Aug 1st, 2026

Segall Bryant & Hamill LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,513 shares of the information services provider’s stock after selling 12,288 shares during the period. Alphabet makes up 0.6% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 19th biggest holding. Segall Bryant & Hamill LLC’s holdings in Alphabet were worth $51,495,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GOOG. Montchanin Asset Management LLC bought a new position in Alphabet during the first quarter valued at about $7,075,000. Essential Partners LLC lifted its position in shares of Alphabet by 6.7% in the first quarter. Essential Partners LLC now owns 1,682 shares of the information services provider’s stock worth $482,000 after buying an additional 106 shares during the last quarter. Vestor Capital LLC boosted its stake in shares of Alphabet by 153.9% during the 1st quarter. Vestor Capital LLC now owns 189,847 shares of the information services provider’s stock worth $54,460,000 after acquiring an additional 115,069 shares in the last quarter. J. Derek Lewis & Associates Inc. boosted its stake in shares of Alphabet by 9.5% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 5,932 shares of the information services provider’s stock worth $1,701,000 after acquiring an additional 517 shares in the last quarter. Finally, BankChampaign National Association acquired a new position in shares of Alphabet during the 1st quarter valued at about $119,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: AI and cloud growth are supporting the stock. Investors are responding to evidence that Alphabet’s large AI investments can drive revenue and profits. Google Cloud continues to be a key valuation driver, while the company’s custom AI chips are increasingly viewed as credible alternatives to Nvidia’s products. Alphabet and Amazon custom AI chips
Positive Sentiment: Strong fundamentals and bullish positioning remain supportive. Alphabet recently reported quarterly revenue of $119.8 billion, up 24.2% year over year, and exceeded consensus EPS expectations. Analysts remain broadly positive, while investors purchased approximately 275,667 call options Friday—about 33% above average daily call volume.
Positive Sentiment: Enterprise AI partnerships could expand Google Cloud demand. Alphabet’s Gemini models are being integrated into Oracle’s enterprise software, and the company is reportedly backing financing for an Anthropic data center. These developments could generate additional demand for Alphabet’s cloud infrastructure and AI services.
Neutral Sentiment: Capital spending remains the central investment debate. Alphabet raised its 2026 capital-expenditure outlook to $195 billion–$205 billion. The spending is intended to capture AI demand, but investors are watching whether future revenue growth will justify the scale of the investment.
Negative Sentiment: AI spending is weighing on cash flow. A sharp increase in infrastructure investment reportedly pushed free cash flow negative in the latest quarter, while rising memory and data-center costs could increase future depreciation and pressure margins. AI buildout costs
Negative Sentiment: Google withdrew its Earth AI feature after misinformation concerns. The one-day-old feature allowed fabricated AI images inside Google Earth, and its cancellation highlights reputational and product-governance risks. Google Earth AI feature cancellation

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research note on Wednesday, July 22nd. BMO Capital Markets upped their target price on Alphabet from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Raymond James Financial reiterated a “strong-buy” rating on shares of Alphabet in a report on Thursday, July 23rd. DA Davidson dropped their price target on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $410.09.

Read Our Latest Stock Analysis on Alphabet

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $356.65 on Friday. The business has a 50 day moving average price of $355.82 and a 200 day moving average price of $337.91. Alphabet Inc. has a twelve month low of $188.70 and a twelve month high of $404.47. The company has a market cap of $4.36 trillion, a price-to-earnings ratio of 17.91, a PEG ratio of 0.94 and a beta of 1.23. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

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 for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the firm posted $2.31 EPS. Research analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio is currently 4.42%.

Insider Activity at Alphabet

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

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.