Alphabet Inc. $GOOG Shares Purchased by KCM Investment Advisors LLC

KCM Investment Advisors LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,147 shares of the information services provider’s stock after acquiring an additional 3,128 shares during the period. Alphabet comprises approximately 1.2% of KCM Investment Advisors LLC’s portfolio, making the stock its 24th largest position. KCM Investment Advisors LLC’s holdings in Alphabet were worth $36,812,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in GOOG. Vanguard Group Inc. grew its stake in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after buying an additional 5,182,111 shares during the last quarter. State Street Corp lifted its stake in Alphabet by 1.3% in the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Alphabet by 0.4% in the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock valued at $19,022,926,000 after acquiring an additional 441,177 shares during the period. JPMorgan Chase & Co. grew its position in shares of Alphabet by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after acquiring an additional 7,904,434 shares during the last quarter. Finally, Sanders Capital LLC increased its holdings in shares of Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after acquiring an additional 2,117,990 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total transaction of $33,934.88. Following the transaction, the director owned 18,418 shares of the company’s stock, valued at $5,580,469.82. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,079,993 shares of company stock valued at $108,745,244. 12.99% of the stock is owned by company insiders.

Alphabet Trading Down 0.8%

Shares of Alphabet stock opened at $300.91 on Friday. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. 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 company’s 50-day simple moving average is $320.61 and its 200-day simple moving average is $285.58. The firm has a market cap of $3.64 trillion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter last year, the firm earned $2.15 earnings per share. The firm’s revenue was up 18.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm 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 $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Wedbush reiterated an “outperform” rating and issued a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. JPMorgan Chase & Co. upped their target price on shares of Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Truist Financial set a $350.00 target price on shares of Alphabet in a research note on Friday, December 5th. KeyCorp set a $370.00 price target on Alphabet in a research report on Thursday, February 5th. Finally, Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $343.90.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large enterprise deals and product momentum support revenue and TPU/cloud demand — Google Cloud wins (CVS AI health platform) and ongoing Gemini product updates reinforce the company’s commercial AI growth story. CVS taps Google Cloud to roll out AI-powered health platform
• Positive Sentiment: Large infrastructure demand signaled by Meta leasing Google TPUs — multibillion?dollar TPU agreements point to durable cloud revenue from AI training customers. Meta leases Google AI chips
• Positive Sentiment: Strategic partnerships (reported Apple tie?up) could deepen Gemini / cloud integration into iOS ecosystem, raising long?term monetization potential. Gemini lawsuit and Apple deal reframe AI risk/reward
• Positive Sentiment: Analyst support remains constructive — Bank of America reaffirmed a Buy and $370 target, helping underpin bullish expectations for medium?term upside. Bank of America maintains $370 PT
• Neutral Sentiment: Insider selling observed (small share disposals by a director and the CAO) — routine filings show modest reductions that investors monitor but that don’t indicate strategic distress. Insider sale filing
• Neutral Sentiment: Regulatory/legal uncertainty partly settles gameplay — Fortnite returns to Google Play worldwide, but with changed economics from the Epic settlement. That removes distribution uncertainty while altering long?term service revenue. Fortnite returns to Google Play
• Negative Sentiment: Play Store commission cut — Google’s settlement with Epic reduces Play Store fees to roughly 20%, which could lower app?store revenue and margins versus prior assumptions. Google lowers Play Store commissions
• Negative Sentiment: High?profile Gemini lawsuit raises liability and regulatory risk — a wrongful?death claim alleging harmful chatbot guidance increases uncertainty around consumer AI oversight and potential litigation costs. Gemini wrongful?death lawsuit
• Negative Sentiment: Waymo safety/regulatory scrutiny and AI capex concerns — NTSB probes and reminders of heavy AI capital spending weigh on near?term margins and sentiment. Waymo NTSB scrutiny AI capex pressure article

About Alphabet

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.