KPP Advisory Services LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,088 shares of the information services provider’s stock after buying an additional 1,832 shares during the period. Alphabet accounts for about 0.8% of KPP Advisory Services LLC’s portfolio, making the stock its 29th largest holding. KPP Advisory Services LLC’s holdings in Alphabet were worth $5,126,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new position in Alphabet during the second quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. grew its holdings in Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Alphabet in the 3rd quarter worth $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet in the 3rd quarter worth $54,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on GOOGL shares. Wall Street Zen raised shares of Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Piper Sandler restated an “overweight” rating and set a $395.00 price target (up previously from $365.00) on shares of Alphabet in a report on Thursday. Wedbush upped their price objective on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Citigroup increased their price objective on Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $375.00 target price (up previously from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $357.46.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Launched large U.S. investment‑grade bond program (~$15B) including very long‑dated tranches (reports of 50‑ and 100‑year paper), giving Alphabet cheap, long‑term funding to accelerate AI data‑center buildout and signaling strong credit demand. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
- Positive Sentiment: Waymo (Alphabet unit) expanded operations, going fully autonomous in Nashville — a tangible commercialization milestone that supports the long‑term growth story beyond advertising. Waymo goes fully autonomous in Nashville
- Positive Sentiment: Signed long‑term renewables deals: TotalEnergies will supply ~1 GW of solar to Google’s Texas data centers, supporting sustainability goals and predictable power costs for AI compute workloads. TotalEnergies to provide solar power to Google’s Texas data centres
- Positive Sentiment: Analyst support remains constructive — JPMorgan reaffirmed a buy rating and several outlets report raised price targets, which can bolster investor confidence after last week’s volatility. MarketScreener: JPMorgan maintains a buy rating
- Neutral Sentiment: Macro/sector context — Big Tech had a sharp pullback last week (>$1T erased), leaving stocks treading water; Alphabet’s debt move and analyst notes are being read against that volatile backdrop. Big Tech stocks are treading water after $1 trillion sell-off week
- Negative Sentiment: Alphabet added new AI‑related risk language to its filings, flagging potential impacts on ad revenue and risks from large, long‑duration commercial AI contracts — a reminder investors may face execution and revenue‑mix risks as the company scales AI offerings. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
- Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools (the “Flow” name), adding legal uncertainty around some AI product branding and potential litigation costs. Google sued by Autodesk over AI-powered movie-making software
- Negative Sentiment: Insider sale: reports show the CEO sold roughly $10.9M of stock, which can be interpreted by some investors as a mild negative signal even if occasional executive sales are routine. Insider Selling: Alphabet CEO Sells Stock
Alphabet Stock Up 0.5%
Shares of NASDAQ GOOGL opened at $324.32 on Tuesday. The stock has a market cap of $3.91 trillion, a P/E ratio of 30.00, a PEG ratio of 1.78 and a beta of 1.09. The business’s fifty day simple moving average is $321.80 and its 200-day simple moving average is $272.22. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. As a group, equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Insider Activity at Alphabet
In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the sale, the chief executive officer owned 2,272,119 shares in the company, valued at approximately $725,942,020.50. The trade was a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 2,067,686 shares of company stock worth $105,352,291. Insiders own 11.55% of the company’s stock.
Alphabet Profile
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.
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