Mackenzie Financial Corp Has $184.74 Million Stock Holdings in Alphabet Inc. $GOOG

Mackenzie Financial Corp lifted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 758,537 shares of the information services provider’s stock after purchasing an additional 40,221 shares during the quarter. Mackenzie Financial Corp’s holdings in Alphabet were worth $184,742,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Ignite Planners LLC boosted its stake in Alphabet by 1.0% during the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after buying an additional 144 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Alphabet by 7.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock valued at $105,540,000 after acquiring an additional 41,132 shares during the last quarter. LFA Lugano Financial Advisors SA grew its stake in Alphabet by 15.7% in the 2nd quarter. LFA Lugano Financial Advisors SA now owns 3,447 shares of the information services provider’s stock worth $611,000 after buying an additional 467 shares in the last quarter. Finally, Midwest Trust Co bought a new position in Alphabet in the second quarter valued at $68,801,000. 27.26% of the stock is currently owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is rolling out Gemini AI “Agent Designer” on the Pentagon’s GenAI.mil portal, making custom AI agents available to the Pentagon’s ~3 million personnel — a meaningful enterprise reference customer and validation of Google’s government AI strategy. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Positive Sentiment: Alphabet introduced Gemini Embedding 2, a new AI embedding model; market coverage noted an immediate positive reaction to the product release, supporting near-term demand and AI positioning. Google (GOOGL) Stock Rises after Introducing New Gemini Embedding 2 AI Model
• Positive Sentiment: Cloud-commercial momentum: expanded Waystar–Google Cloud partnership and continued deals (e.g., CVS Health AI-enabled platform) point to recurring cloud revenue and cross?sell opportunities for Google Cloud. Alphabet Inc. (GOOG) Announced Expanded Partnership Between Waystar and Google Cloud
• Positive Sentiment: Short interest fell meaningfully in late February (down ~29% to ~31.9M shares), reducing immediate downside pressure from short sellers and lowering days-to-cover — a modest technical positive for the stock.
• Neutral Sentiment: Some short-interest reporting for early March shows anomalous zero/NaN values — treat those data points with caution; the underlying trend through late Feb was lower short interest.
• Neutral Sentiment: Meta will add advertiser location fees to cover digital taxes, following Google/Amazon precedent — an industry-level change that may normalize advertiser pass-throughs but doesn’t uniquely move Alphabet’s core fundamentals. Meta to charge advertisers a fee to offset Europe’s digital taxes
• Negative Sentiment: Nvidia’s high-bandwidth memory (HBM) shortage and rising HBM costs could raise infrastructure expenses for AI deployments and cloud providers, potentially increasing Google’s AI compute costs and capex. Nvidia’s (NVDA) Memory Shortage Could Cause Google (GOOGL) Billions
• Negative Sentiment: Regulatory risk: Indonesia’s plan to restrict high?risk digital platforms for under?16s could reduce engagement/monetization in that market if implemented broadly. Update: Indonesia Plans to Ban High-Risk Digital Platforms for Children Under 16
• Negative Sentiment: Insider activity: a recent CEO stock sale (~$9.86M) is a small negative signal investors sometimes watch; note this is routine for executives and not necessarily indicative of company health. Alphabet (NASDAQ:GOOG) CEO Sells $9,859,850.00 in Stock

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on GOOG shares. BMO Capital Markets reissued an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Piper Sandler reaffirmed an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price target on shares of Alphabet in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $343.90.

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the sale, the chief executive officer directly owned 1,674,560 shares in the company, valued at $508,028,012.80. This trade represents a 1.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,112,493 shares of company stock worth $118,605,094 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Price Performance

NASDAQ GOOG opened at $306.93 on Wednesday. The company has a 50-day moving average price of $319.96 and a 200-day moving average price of $288.87. 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 firm has a market capitalization of $3.71 trillion, a P/E ratio of 28.39, a PEG ratio of 1.79 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the business earned $2.15 earnings per share. The business’s revenue was up 18.0% on a year-over-year basis. Equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

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.