Titleist Asset Management LLC Raises Stock Position in Alphabet Inc. $GOOG

Titleist Asset Management LLC boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 10.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,042 shares of the information services provider’s stock after purchasing an additional 3,550 shares during the period. Titleist Asset Management LLC’s holdings in Alphabet were worth $9,022,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Fairman Group LLC increased its position in Alphabet by 121.3% during the second quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock valued at $31,000 after acquiring an additional 97 shares during the last quarter. University of Illinois Foundation purchased a new position in Alphabet in the second quarter worth about $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at about $32,000. Horrell Capital Management Inc. grew its stake in shares of Alphabet by 100.0% during the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 100 shares during the period. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Alphabet during the 2nd quarter valued at about $37,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: EU regulators gave unconditional approval to Alphabet’s proposed $32B acquisition of Wiz, removing a major regulatory overhang on that deal. Google secures EU antitrust approval for $32 billion Wiz acquisition
• Positive Sentiment: Investor demand for the debt was strong — the offering was increased and reports say total take exceeded $30B — signaling appetite for high‑quality corporate debt and Alphabet’s credit. Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
• Positive Sentiment: Several institutional filings show portfolio additions to GOOG in recent 13F updates, indicating continued long‑term buyer interest from some funds. HOMESTEAD ADVISERS CORP added GOOG shares
• Neutral Sentiment: The 100‑year, 6.125% bond is a rare, strategic move: it locks long‑term funding for AI capex but introduces unique duration and inflation risks that investors must price differently than normal corporate debt. Alphabet to sell rare 100-year bond to fund AI expansion, memo
• Neutral Sentiment: Fundamental backdrop remains solid: strong Q4 results and robust Google Cloud growth support the capex plan, but heavier spending guidance raises near‑term cash‑flow questions. Alphabet Q4 takeaway: Doubling down on cloud and AI investments
• Negative Sentiment: Market reaction skewed negative as some investors interpret the massive debt raise and century bond as “sticker shock,” prompting selling and short‑term anxiety about leverage and capital allocation. Google Stock Stalls as $20B Century Bond Sale Sparks Debt Anxiety
• Negative Sentiment: Reputational and legal headlines (a TechCrunch report about data handed to ICE, trademark suit by Autodesk, ongoing trials) add regulatory/PR risk that can pressure sentiment. Google sent personal and financial information of student journalist to ICE
• Negative Sentiment: Notable insider selling and some fund reductions were reported this week, which can exacerbate downward pressure when combined with the debt headlines. Mawer Investment Management decreased GOOG holdings

Insider Activity

In other news, CAO Amie Thuener O’toole sold 933 shares of Alphabet stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer owned 9,916 shares in the company, valued at $3,337,229.80. This trade represents a 8.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the transaction, the director directly owned 18,307 shares in the company, valued at $6,224,380. This trade represents a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,070,464 shares of company stock valued at $106,153,077 in the last three months. 12.99% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on GOOG. DA Davidson set a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Guggenheim reiterated a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research report on Monday, December 1st. Piper Sandler reiterated an “overweight” rating and set a $395.00 price target on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp set a $370.00 price objective on Alphabet in a research note on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $370.00 target price on shares of Alphabet in a report on Tuesday, January 20th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $343.47.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $318.63 on Wednesday. The stock has a market cap of $3.84 trillion, a PE ratio of 29.48, a price-to-earnings-growth ratio of 1.92 and a beta of 1.10. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The firm has a fifty day moving average price of $322.56 and a 200-day moving average price of $273.75. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the previous year, the company earned $2.15 EPS. Alphabet’s revenue for the quarter was up 18.0% on a year-over-year basis. Equities analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. 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 dividend payout ratio is 7.77%.

Alphabet Company 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.