KMG Fiduciary Partners LLC Increases Stock Position in Alphabet Inc. $GOOGL

KMG Fiduciary Partners LLC boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 196,300 shares of the information services provider’s stock after buying an additional 3,084 shares during the quarter. Alphabet accounts for 3.2% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 5th largest holding. KMG Fiduciary Partners LLC’s holdings in Alphabet were worth $47,721,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC boosted its position in Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the last quarter. United Bank increased its position in shares of Alphabet by 2.1% during the first quarter. United Bank now owns 45,084 shares of the information services provider’s stock worth $6,972,000 after purchasing an additional 910 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of Alphabet by 32.2% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 1,932,813 shares of the information services provider’s stock valued at $298,890,000 after purchasing an additional 470,367 shares during the last quarter. Finally, Clarkston Capital Partners LLC boosted its position in shares of Alphabet by 1.1% in the 1st quarter. Clarkston Capital Partners LLC now owns 169,656 shares of the information services provider’s stock worth $26,236,000 after purchasing an additional 1,846 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect for $4.75 billion (cash + assumed debt) to secure data‑center projects and clean energy capacity — a strategic move to bypass grid bottlenecks and accelerate AI compute build‑out, which supports Google Cloud and AI growth expectations. Alphabet agrees to buy Intersect for $4.75bn
• Positive Sentiment: Coverage and sentiment pieces frame Alphabet’s recent pullback as consolidation within a multi‑year uptrend—citing strong revenue, Google Cloud momentum, large institutional inflows, and continued analyst bullishness — reinforcing the buy thesis for many investors. Alphabet’s Pullback After a Big Year—Is This the Dip to Buy?
• Neutral Sentiment: Motive, a fleet‑management company backed by Alphabet’s GV, filed for an IPO — a reminder Alphabet’s venture arm continues to monetize ecosystem gains, but the direct impact on GOOG is limited. Motive files for IPO
• Neutral Sentiment: Multiple commentary pieces compare Alphabet to Nvidia as AI leaders; these narratives help sentiment and valuation multiples but also set high growth expectations that investors will watch into 2026. Nvidia vs Alphabet analysis
• Negative Sentiment: A New York Times reporter sued Google (and others) alleging copyrighted works were used to train chatbots — potential legal and settlement risk that could increase compliance costs and regulatory scrutiny around AI training data. NYT reporter sues Google over chatbot training
• Negative Sentiment: California regulators are reviewing an incident in which Waymo vehicles stalled during a San Francisco power outage — a potential regulatory and reputational headwind for Alphabet’s AV unit. Waymo review after power outage

Insider Activity

In related news, Director Frances Arnold sold 102 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director owned 18,104 shares of the company’s stock, valued at approximately $5,750,916.64. This represents a 0.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the sale, the director directly owned 3,916 shares in the company, valued at approximately $1,206,872.04. The trade was a 13.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 226,128 shares of company stock valued at $63,183,331. Insiders own 11.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on GOOGL. The Goldman Sachs Group increased their price target on Alphabet from $288.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Cantor Fitzgerald increased their price objective on shares of Alphabet from $265.00 to $310.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. UBS Group restated a “neutral” rating and set a $306.00 price target (up previously from $255.00) on shares of Alphabet in a research note on Thursday, October 30th. Barclays reaffirmed an “overweight” rating and issued a $315.00 price target (up previously from $250.00) on shares of Alphabet in a report on Thursday, October 30th. Finally, Moffett Nathanson boosted their price objective on shares of Alphabet from $305.00 to $315.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $315.90.

Alphabet Trading Up 1.5%

Shares of NASDAQ:GOOGL opened at $314.35 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $328.83. The business has a 50 day moving average of $291.88 and a two-hundred day moving average of $236.72. The company has a market capitalization of $3.79 trillion, a PE ratio of 31.00, a PEG ratio of 1.78 and a beta of 1.07.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. As a group, analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is presently 8.28%.

Alphabet Company 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.