RIHO Partners LLC Boosts Position in Alphabet Inc. $GOOGL

Posted by Brenda Bartman on Aug 5th, 2026

RIHO Partners LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 19.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,825 shares of the information services provider’s stock after purchasing an additional 6,457 shares during the period. Alphabet comprises 7.1% of RIHO Partners LLC’s investment portfolio, making the stock its 6th largest position. RIHO Partners LLC’s holdings in Alphabet were worth $11,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lifetime Wealth Management P.C. purchased a new position in shares of Alphabet in the fourth quarter worth $32,000. EMC Capital Management purchased a new stake in Alphabet during the 4th quarter valued at $33,000. IFC & Insurance Marketing Inc. bought a new stake in Alphabet in the 4th quarter worth $38,000. Bard Associates Inc. bought a new stake in Alphabet in the 4th quarter worth $52,000. Finally, Kentucky Trust Co increased its position in shares of Alphabet by 142.9% in the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 100 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet Trading Up 1.1%

Shares of GOOGL opened at $377.65 on Wednesday. The firm’s 50-day moving average price is $357.37 and its 200-day moving average price is $339.91. The firm has a market capitalization of $4.62 trillion, a price-to-earnings ratio of 18.97, a PEG ratio of 1.05 and a beta of 1.24. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1-year low of $193.67 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. Sell-side analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have recently commented on GOOGL shares. China Renaissance upped their price objective on shares of Alphabet from $400.00 to $485.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Mizuho raised their target price on Alphabet from $420.00 to $460.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Wolfe Research reduced their price target on Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Barclays reaffirmed an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alphabet in a report on Tuesday, April 28th. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and a consensus price target of $419.86.

View Our Latest Analysis on GOOGL

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: AI and earnings momentum remain the main catalyst. Alphabet’s recent quarterly results substantially exceeded expectations, with revenue of $119.8 billion versus the $117.1 billion consensus estimate. Analysts and investors are increasingly viewing the company’s heavy AI spending as supporting accelerating cloud revenue and future monetization. AI stocks have bottomed
Positive Sentiment: Waymo is showing progress toward commercialization. Alphabet-owned Waymo removed the waitlist for its Dallas robotaxi service, expanding access as it scales across the United States and internationally. Separate analysis reported that Waymo vehicles have materially lower crash rates than human-driven vehicles, strengthening the long-term case for the business. Waymo expands Dallas robotaxi service
Positive Sentiment: Google’s commercial AI reach is broadening. Oracle is deepening its integration with Google Gemini, while Google also secured computing and strategic partnerships involving SpaceX, Paris Saint-Germain and renewable-energy developer RWE. These deals could support enterprise adoption, cloud demand and infrastructure reliability. Oracle deepens Gemini integration
Neutral Sentiment: Alphabet is participating in White House AI discussions. Google, OpenAI and Anthropic met with administration advisers regarding voluntary safety testing and a proposed AI oversight framework. Clearer rules could eventually benefit large platforms, although new compliance requirements remain uncertain. White House AI safety meeting
Negative Sentiment: Legal and regulatory risks are limiting the upside. Pomerantz LLP is investigating potential investor claims, while an advocacy group urged courts to require Google to divest Chrome. Alphabet also faces renewed scrutiny over alleged exclusionary ad-tech practices. These matters could lead to fines, structural remedies or increased operating restrictions. Chrome divestiture advocacy
Negative Sentiment: AI infrastructure commitments create financial risk. Alphabet is among several hyperscalers facing roughly $1.09 trillion in future data-center lease payments, raising concerns about capital intensity and returns if AI demand or monetization slows. Big Tech data-center lease burden

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. The trade was a 41.49% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 600,547 shares of company stock worth $16,255,540. Company insiders own 11.61% of the company’s stock.

Alphabet Profile

(Free Report)

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.