Alphabet Inc. $GOOG is Neville Rodie & Shaw Inc.’s 6th Largest Position

Posted by Francis Steltz on Aug 4th, 2026

Neville Rodie & Shaw Inc. lessened its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 129,074 shares of the information services provider’s stock after selling 4,260 shares during the quarter. Alphabet accounts for approximately 3.0% of Neville Rodie & Shaw Inc.’s portfolio, making the stock its 6th biggest position. Neville Rodie & Shaw Inc.’s holdings in Alphabet were worth $45,606,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Imprint Wealth LLC purchased a new stake in shares of Alphabet in the 3rd quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Alphabet during the 4th quarter worth $38,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet during the 4th quarter worth $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the fourth quarter worth $41,000. Finally, Towne Trust Company N.A grew its stake in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Stock Performance

Shares of GOOG stock opened at $372.47 on Tuesday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock has a 50 day simple moving average of $355.68 and a 200-day simple moving average of $338.20. The company has a market cap of $4.56 trillion, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23. Alphabet Inc. has a 12-month low of $190.92 and a 12-month high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data 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. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. During the same quarter last year, the business earned $2.31 earnings per share. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. On average, equities analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The business 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 is Friday, September 4th. Alphabet’s dividend payout ratio is currently 4.42%.

Insider Buying and Selling

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’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 directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 82 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the transaction, the director directly owned 18,914 shares in the company, valued at $6,305,738.46. The trade was a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 600,547 shares of company stock valued at $16,255,540 over the last three months. Insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GOOG shares. Stifel Nicolaus set a $420.00 price objective on Alphabet in a report on Wednesday, May 20th. The Goldman Sachs Group restated a “buy” rating and set a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. Zacks Research raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Barclays reissued an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $410.09.

Check Out Our Latest Analysis on GOOG

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Strong earnings and AI spending outlook: Alphabet’s latest results showed revenue growth of 24.2% year over year and substantially exceeded analyst expectations. Reports highlighted Google Cloud revenue rising 82% to $24.8 billion, a 35.6% operating margin and a record $514 billion backlog, supporting the argument that AI infrastructure spending is translating into demand. Alphabet’s AI Spending Finally Makes Sense
Positive Sentiment: Growing confidence in AI leadership: Google DeepMind commentary suggested the industry may be entering a new stage of AI development, while broader hyperscaler earnings renewed investor appetite for AI-related stocks, including Alphabet. Analysts and growth-stock commentary remain broadly constructive, with multiple buy or overweight ratings and a reported median price target above current trading levels. Google DeepMind Says the Next Stage of AI May Already Be Starting
Positive Sentiment: Waymo provides an additional growth narrative: An analysis cited by media reports found Waymo robotaxis crashed 68% less often than human drivers. Improved safety could support the long-term commercial expansion and valuation of Alphabet’s autonomous-driving business. Waymo robotaxis found to crash 68% less often than human drivers
Positive Sentiment: Institutional support: Massachusetts Financial Services reportedly increased its Alphabet position by approximately 23%, adding more than five million shares. That purchase reinforced the perception that professional investors view Alphabet’s AI and cloud prospects favorably. Massachusetts Financial Services fund update
Neutral Sentiment: Regulatory discussions ahead: Google representatives are expected to meet with the White House, Anthropic and OpenAI to discuss a proposed AI oversight framework. The meeting could provide clarity but also highlights potential future compliance costs and restrictions. AI giants to meet with White House
Negative Sentiment: Cloud competition remains a risk: Microsoft continues to lead Alphabet in cloud market share, potentially limiting Google Cloud’s ability to convert its strong backlog into sustained market-share gains. Microsoft Races Ahead of Google in the Cloud
Negative Sentiment: AI product-control concerns: Google reportedly rolled back an AI feature in Google Earth after users generated fake satellite imagery, raising questions about product safeguards, reputational risk and the pace of AI deployment. For a Day, Google Made It Easy to Spoof Satellite Imagery

About Alphabet

(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.