KTF Investments LLC Makes New $12.89 Million Investment in Alphabet Inc. $GOOG

KTF Investments LLC purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 41,082 shares of the information services provider’s stock, valued at approximately $12,892,000. Alphabet comprises approximately 2.1% of KTF Investments LLC’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds have also recently added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new stake in shares of Alphabet in the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet in the 3rd quarter valued at about $32,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Alphabet in the 4th quarter valued at about $38,000. Towne Trust Company N.A lifted its stake in shares of Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares during the last quarter. Finally, Lynch Asset Management Inc. bought a new stake in shares of Alphabet in the 3rd quarter valued at about $61,000. Institutional investors own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. KeyCorp set a $370.00 target price on Alphabet in a research note on Thursday, February 5th. Needham & Company LLC set a $400.00 target price on Alphabet and gave the company a “buy” rating in a research note on Friday, March 13th. Truist Financial set a $385.00 price target on Alphabet in a report on Wednesday, April 22nd. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, Wells Fargo & Company upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $362.73.

Alphabet Stock Up 0.4%

GOOG stock opened at $397.05 on Friday. Alphabet Inc. has a fifty-two week low of $153.83 and a fifty-two week high of $398.37. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The business’s 50 day moving average price is $317.19 and its two-hundred day moving average price is $311.59. The company has a market capitalization of $4.80 trillion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.81 earnings per share. As a group, analysts forecast that Alphabet Inc. will post 14 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is 6.41%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s recent earnings strength continues to drive optimism, with analysts raising price targets and earnings estimates after a strong Q1 beat that showed faster growth in Search, Cloud, and YouTube. Investors are also reacting to broad bullish coverage and high-profile holders adding to GOOG exposure.
• Positive Sentiment: Google is expanding its AI monetization tools, unveiling AI-powered Search and Shopping bidding/budgeting features that could make ad spending more efficient and support ad revenue growth. Article: Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Alphabet is also leaning into AI and consumer hardware, with new Fitbit Air and AI health-coach launches, plus continued work on smart glasses and broader agentic AI products. These developments reinforce the view that Google is becoming a major AI platform across ads, devices, and subscriptions.
• Neutral Sentiment: Several reports point to continued institutional interest and analyst support, including fund additions and upgraded target prices, but these are largely reinforcement signals rather than immediate catalysts.
• Negative Sentiment: Regulatory overhang remains a concern after Google was given more time to address EU antitrust issues, and a new UK lawsuit over online display ads adds another legal challenge. Article: Google has bit more time to address concerns in EU investigation, EU Commission says
• Negative Sentiment: Google also settled a racial discrimination lawsuit for $50 million, which removes some uncertainty but highlights ongoing reputational and legal risks tied to employment practices. Article: Google settles racial discrimination lawsuit for $50 million

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares in the company, valued at approximately $2,923,235.59. This trade represents a 5.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the transaction, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This trade represents a 22.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 158,553 shares of company stock worth $47,951,856. Insiders own 12.99% of the company’s stock.

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.