Alphabet Inc. $GOOG Shares Acquired by Steginsky Capital LLC

Steginsky Capital LLC raised its stake in Alphabet Inc. (NASDAQ:GOOG) by 1.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 680,588 shares of the information services provider’s stock after acquiring an additional 6,523 shares during the quarter. Alphabet makes up 30.4% of Steginsky Capital LLC’s portfolio, making the stock its biggest position. Steginsky Capital LLC’s holdings in Alphabet were worth $165,757,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Magnolia Capital Advisors LLC boosted its position in shares of Alphabet by 0.9% during the 3rd quarter. Magnolia Capital Advisors LLC now owns 8,707 shares of the information services provider’s stock worth $2,121,000 after purchasing an additional 76 shares in the last quarter. Tortoise Investment Management LLC increased its position in Alphabet by 4.4% in the 3rd quarter. Tortoise Investment Management LLC now owns 2,704 shares of the information services provider’s stock valued at $659,000 after buying an additional 114 shares in the last quarter. Elevatus Welath Management increased its position in Alphabet by 4.5% in the 3rd quarter. Elevatus Welath Management now owns 39,657 shares of the information services provider’s stock valued at $9,658,000 after buying an additional 1,702 shares in the last quarter. White Lighthouse Investment Management Inc. raised its stake in Alphabet by 12.4% during the 3rd quarter. White Lighthouse Investment Management Inc. now owns 2,963 shares of the information services provider’s stock worth $722,000 after buying an additional 326 shares during the period. Finally, LFL Advisers LLC raised its stake in Alphabet by 2.7% during the 3rd quarter. LFL Advisers LLC now owns 127,038 shares of the information services provider’s stock worth $30,940,000 after buying an additional 3,400 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet closed its largest-ever acquisition, buying cybersecurity firm Wiz for about $32 billion — a major strategic move to beef up Google Cloud’s security offerings and drive enterprise revenue. Google officially snaps up Wiz as it closes mammoth $32 billion deal
• Positive Sentiment: TPG sold its stake in solar/storage platform Intersect to Google — expanding Alphabet’s clean-energy footprint and potentially supporting longer-term data-center/cloud cost control. TPG Refocuses On Clean Energy With Intersect Exit And IPX Power Launch
• Positive Sentiment: Canal+ signed a multi-year deal to deploy Google Cloud generative AI across production and streaming — a customer win that supports Cloud/AI monetization. Canal+ taps Google’s AI for video production, content recommendation
• Positive Sentiment: Product momentum: Google rolled out Gemini Embedding 2 and integrated Gemini into Workspace apps — these product improvements support ad/Cloud upsell and productivity use cases. Google (GOOGL) Stock Rises after Introducing New Gemini Embedding 2 AI Model
• Positive Sentiment: Analyst/bench strength: brokerages maintain a bullish consensus (majority “Buy”) and several recent price-target raises — supports medium-term upside expectations. Alphabet Inc. (NASDAQ:GOOG) Receives Consensus Recommendation of “Buy” from Brokerages
• Neutral Sentiment: GFiber (Google Fiber) will combine with Astound and be majority owned by Stonepeak; Alphabet keeps a minority stake — monetizes infrastructure but reduces operational control. Google sells partial stake in fiber business, becomes minority owner of new venture
• Neutral Sentiment: DoD/Pentagon deployment: Google is rolling out Gemini AI agents on the Pentagon’s GenAI.mil for unclassified tasks — a large potential enterprise deployment but one that brings political/regulatory complexity. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Neutral Sentiment: Branding note — Google named its new London HQ “Platform 37” (nod to King’s Cross and AlphaGo history). Low direct financial impact. Google names London office ‘Platform 37’ in a nod to railway neighbour, AI ‘Go’ match
• Negative Sentiment: Regulatory risk: UK regulator deadline to better protect children online raises compliance and potential ad-targeting constraints that could pressure ad revenue in Europe. Big tech given warning – and deadline – by UK regulator

Alphabet Trading Up 0.5%

NASDAQ GOOG opened at $308.42 on Thursday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $319.85 and a 200 day simple moving average of $289.01. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The firm has a market capitalization of $3.73 trillion, a P/E ratio of 28.53, a PEG ratio of 1.80 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. During the same period in the previous year, the firm earned $2.15 EPS. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Insider Activity

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares of the company’s stock, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,112,493 shares of company stock valued at $118,605,094 in the last three months. 12.99% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. TD Cowen reissued a “buy” rating and issued a $365.00 price objective (up from $355.00) on shares of Alphabet in a research note on Thursday, February 5th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. Scotiabank reiterated an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. upped their target price on shares of Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $343.90.

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.