KPP Advisory Services LLC Grows Position in Alphabet Inc. $GOOGL

KPP Advisory Services LLC lifted its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 9.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,088 shares of the information services provider’s stock after purchasing an additional 1,832 shares during the quarter. Alphabet accounts for approximately 0.8% of KPP Advisory Services LLC’s investment portfolio, making the stock its 29th largest position. KPP Advisory Services LLC’s holdings in Alphabet were worth $5,126,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Financial Gravity Companies Inc. purchased a new stake in Alphabet in the 2nd quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of Alphabet by 36.4% during the second 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 during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Alphabet in the third quarter worth approximately $53,000. Corsicana & Co. bought a new stake in shares of Alphabet during the 3rd quarter worth approximately $54,000. Finally, Vermillion & White Wealth Management Group LLC lifted its stake 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 last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the sale, the chief executive officer directly owned 2,179,372 shares of the company’s stock, valued at $730,481,906.96. This trade represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer directly owned 9,916 shares in the company, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 2,067,686 shares of company stock worth $105,352,291. Corporate insiders own 11.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $375.00 price target (up from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. HSBC upped their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Wedbush lifted their price target on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Evercore reiterated an “outperform” rating and issued a $400.00 price target (up previously from $325.00) on shares of Alphabet in a report on Thursday. Finally, Robert W. Baird raised their price objective on Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $357.46.

Alphabet Trading Up 0.5%

NASDAQ:GOOGL opened at $324.32 on Tuesday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The firm has a 50 day moving average of $321.80 and a 200 day moving average of $272.22. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $3.91 trillion, a price-to-earnings ratio of 30.00, a PEG ratio of 1.78 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. As a group, sell-side analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Trending Headlines about Alphabet

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

About Alphabet

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.