Kelleher Financial Advisors Sells 4,676 Shares of Alphabet Inc. $GOOG

Kelleher Financial Advisors cut its holdings in Alphabet Inc. (NASDAQ:GOOG) by 7.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 55,969 shares of the information services provider’s stock after selling 4,676 shares during the quarter. Alphabet comprises 3.4% of Kelleher Financial Advisors’ holdings, making the stock its 5th biggest position. Kelleher Financial Advisors’ holdings in Alphabet were worth $13,631,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GOOG. Vanguard Group Inc. grew its stake in shares of 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 acquiring an additional 5,182,111 shares in the last quarter. State Street Corp boosted its holdings in Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock worth $33,511,477,000 after purchasing an additional 2,428,266 shares during the last quarter. Geode Capital Management LLC lifted its position in Alphabet by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock worth $19,022,926,000 after buying an additional 441,177 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock worth $24,240,469,000 after buying an additional 7,904,434 shares during the last quarter. Finally, Sanders Capital LLC increased its position in shares of Alphabet by 6.4% in the second 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 last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 0.9%

Shares of Alphabet stock opened at $303.53 on Wednesday. The firm’s 50-day moving average price is $321.14 and its two-hundred day moving average price is $285.34. The company has a market capitalization of $3.67 trillion, a price-to-earnings ratio of 28.08, a PEG ratio of 1.79 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same quarter last year, the business posted $2.15 EPS. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued 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 dividend yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $336.55, for a total value of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. The trade was a 8.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,078,926 shares of company stock worth $108,426,720 over the last quarter. 12.99% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on GOOG shares. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. Piper Sandler restated an “overweight” rating and set a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. UBS Group restated a “neutral” rating and issued a $348.00 price objective (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Finally, BNP Paribas Exane initiated coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating on the stock. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently 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: Google launched a faster, lower-cost Gemini 3.1 Flash‑Lite model and continues heavy AI/cloud investment — a clear revenue and margin growth thesis for Search and Cloud as AI adoption ramps. Google Launches Gemini 3.1 Flash-Lite
• Positive Sentiment: Analysts and modelers are lifting Alphabet’s fair value and price targets as AI and “heavy compute” capex are re‑priced into long‑term cash flow expectations — a bullish fundamental backdrop for multiples. How The Alphabet Investment Story Is Shifting
• Positive Sentiment: Institutional buying and notable stakes (including Berkshire’s disclosed position) reinforce demand and provide a floor to volatility; many firms still carry buy/outperform ratings. Berkshire Holds Alphabet Position
• Neutral Sentiment: Alphabet’s management outreach (recent Morgan Stanley conference presentation/transcript) provides incremental visibility on strategy and capex cadence but contained new guidance. Morgan Stanley Conference Transcript
• Neutral Sentiment: Short‑interest reports in the feed are inconsistent/low‑quality (zeros/NaN), so they’re not a reliable short‑term driver; ignore noisy short‑data anomalies until clearer reports arrive.
• Negative Sentiment: Escalating Middle East conflict has prompted temporary office closures and operational disruptions for tech firms, fueling broad market risk-off flows that pressure large cap tech stocks, including Alphabet. Offices Closed Amid U.S.-Iran War
• Negative Sentiment: Worker pushback and public scrutiny over military AI contracts could create reputational and contract‑execution uncertainty as Google negotiates Pentagon ties for Gemini — potential governance/PR headwinds. Employees Call for Military Limits
• Negative Sentiment: Competitive pressure: OpenAI released a new GPT‑5.3 Instant model on the same day as Google’s Gemini update, increasing the pace of model competition and the need for continued R&D spending. OpenAI Launches GPT-5.3 Instant
• Negative Sentiment: Waymo (Alphabet’s AV unit) is under NTSB investigation for incidents involving stopped school buses, creating regulatory and liability risk that can weigh on investor sentiment for the broader parent. NTSB Investigates Waymo Incidents

Alphabet Profile

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.