TD Waterhouse Canada Inc. Purchases 68,729 Shares of Alphabet Inc. $GOOGL

TD Waterhouse Canada Inc. raised its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 11.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 666,489 shares of the information services provider’s stock after purchasing an additional 68,729 shares during the period. Alphabet comprises 1.1% of TD Waterhouse Canada Inc.’s portfolio, making the stock its 24th biggest position. TD Waterhouse Canada Inc.’s holdings in Alphabet were worth $163,332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after acquiring an additional 6,733,278 shares in the last quarter. State Street Corp lifted its position in shares of Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after purchasing an additional 4,008,374 shares during the period. Geode Capital Management LLC boosted its stake in shares of Alphabet by 3.1% during the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after purchasing an additional 4,224,497 shares in the last quarter. Norges Bank purchased a new position in Alphabet during the second quarter valued at approximately $21,944,208,000. Finally, Invesco Ltd. raised its stake in Alphabet by 1.2% in the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock worth $7,780,875,000 after buying an additional 503,306 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple firms raised price targets and maintained buy ratings (Arete to $405, New Street to $380, President Capital to $375, Daiwa to $380), which supports upside expectations from analysts. Arete Research price target New Street Research price target
• Positive Sentiment: EU antitrust regulators gave unconditional approval for Google’s $32B Wiz cybersecurity acquisition, removing a major regulatory overhang on the deal. Reuters: Wiz approval
• Positive Sentiment: Google is testing new shopping ad formats inside Search AI mode and Gemini, which could expand high-margin ad inventory and diversify monetization. PYMNTS: Shopping feature
• Positive Sentiment: Google participated in a large funding round for humanoid robotics startup Apptronik, signaling continued strategic investment in robotics/AI ecosystems. Reuters: Apptronik funding
• Neutral Sentiment: JPMorgan reiterated a Buy and other outlets (Zacks, CNBC coverage) continue to highlight Alphabet as a structural AI/cloud beneficiary — supporting longer-term conviction even as near-term volatility persists. JPMorgan reiteration
• Negative Sentiment: Alphabet significantly increased bond issuance (initial $20B, later reports of >$30B) and is pursuing very long-dated debt (reports of 100‑year paper) to fund massive AI infrastructure and acquisitions — investors worry this signals heavy near-term cash burn and margin pressure from capex. Reuters: $20B bonds WSJ: 100-year bond
• Negative Sentiment: High-profile criticism and skepticism surfaced (e.g., Michael Burry commentary, media pieces suggesting 100‑year bonds reflect risk), amplifying investor concern about the financing move. Finbold: Burry comment
• Negative Sentiment: Privacy/regulatory headlines: report that Google handed personal and financial data of a student-journalist to ICE, plus an EU publishers’ complaint over AI Overviews, raise legal/regulatory risk that could pressure reputational and compliance costs. TechCrunch: data to ICE Reuters: publishers complaint

Alphabet Stock Performance

GOOGL opened at $310.96 on Thursday. The company has a market cap of $3.75 trillion, a P/E ratio of 28.77, a price-to-earnings-growth ratio of 1.75 and a beta of 1.09. 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’s 50-day moving average price is $321.68 and its 200-day moving average price is $273.37. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wedbush increased their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Canadian Imperial Bank of Commerce upped their price objective on Alphabet to $315.00 in a research note on Monday, October 20th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a report on Monday. Barclays reiterated an “overweight” rating and issued a $360.00 target price (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Finally, Susquehanna raised their price target on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a report on Thursday, October 30th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $361.64.

Insiders Place Their Bets

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director owned 18,307 shares of the company’s stock, valued at $6,224,380. This represents a 0.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,067,086 shares of company stock worth $105,184,255. Company insiders own 11.64% of the company’s stock.

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.