Alphabet Inc. $GOOG Shares Acquired by Lumbard & Kellner LLC

Lumbard & Kellner LLC increased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 48,594 shares of the information services provider’s stock after acquiring an additional 2,142 shares during the period. Alphabet accounts for about 4.4% of Lumbard & Kellner LLC’s holdings, making the stock its 2nd biggest holding. Lumbard & Kellner LLC’s holdings in Alphabet were worth $11,835,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GOOG. Kingsview Wealth Management LLC raised its position in Alphabet by 0.6% during the third quarter. Kingsview Wealth Management LLC now owns 86,214 shares of the information services provider’s stock worth $20,997,000 after acquiring an additional 540 shares during the period. Astra Wealth Partners LLC increased its stake in shares of Alphabet by 6.3% during the third quarter. Astra Wealth Partners LLC now owns 3,935 shares of the information services provider’s stock worth $958,000 after purchasing an additional 233 shares in the last quarter. 111 Capital raised its position in shares of Alphabet by 35.0% during the 3rd quarter. 111 Capital now owns 29,790 shares of the information services provider’s stock worth $7,255,000 after purchasing an additional 7,716 shares during the last quarter. Rockbridge Investment Management LCC raised its position in shares of Alphabet by 3.6% during the 3rd quarter. Rockbridge Investment Management LCC now owns 2,277 shares of the information services provider’s stock worth $555,000 after purchasing an additional 80 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co lifted its stake in Alphabet by 0.8% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 408,016 shares of the information services provider’s stock valued at $99,372,000 after buying an additional 3,242 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 3.1 Flash‑Lite — billed as its fastest and most affordable Gemini model, which should broaden commercial adoption of Google’s AI stack and help Cloud/Gemini monetization. Google Launches Its Fastest and Most Affordable Gemini 3 AI Model Yet
• Positive Sentiment: Analyst/valuation work is shifting higher as firms bake in AI and heavy‑compute upside — at least one fair‑value update moved materially higher, supporting a longer‑term bullish narrative for Cloud and Gemini monetization. How The Alphabet (GOOGL) Investment Story Is Shifting With AI, Gemini And Heavy Compute
• Neutral Sentiment: Alphabet’s management presented at the Morgan Stanley TMT conference (transcript available) — useful for modeling but no single new guidance that would immediately move the stock. Alphabet Inc. (GOOGL) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Public investor interest signals (Berkshire holdings and analyst coverage) keep Alphabet on institutional radars; Berkshire’s stake is a supportive backdrop but not an immediate catalyst. Berkshire Is Sitting On $819 Million Or More in Google Gains — So Why Won’t The New Boss Talk About It?
• Negative Sentiment: Geopolitical risk: regional conflict prompted tech firms to close Middle East offices and drove risk‑off flows that pressured major tech names, including Alphabet. This macro shock is a near‑term headwind. Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
• Negative Sentiment: Reputational/regulatory risk: Google employees are circulating letters seeking clearer limits on military AI contracts as the company negotiates Pentagon work on Gemini — potential PR and contracting friction. Google employees call for military limits on AI amid Iran strikes, Anthropic fallout
• Negative Sentiment: Competitive threat: OpenAI unveiled GPT‑5.3 the same day Google pushed Gemini updates — heightened competition could pressure differentiation and margins in the short term. OpenAI Strikes Back at Google with Its Own New AI Model
• Negative Sentiment: Regulatory/safety risk: NTSB is probing Waymo robotaxi incidents where vehicles reportedly passed stopped school buses — legal or regulatory scrutiny on Waymo/AV efforts (Alphabet exposure) can create operational and capex uncertainty. NTSB says Waymo robotaxis illegally passed stopped school buses in new incidents

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,078,926 shares of company stock worth $108,426,720. 12.99% of the stock is owned by company insiders.

Alphabet Stock Down 0.9%

Shares of NASDAQ:GOOG opened at $303.53 on Wednesday. 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 business has a fifty day moving average of $321.14 and a two-hundred day moving average of $285.34. The stock has a market cap of $3.67 trillion, a P/E ratio of 28.08, a PEG ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) 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 firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same quarter in the prior year, the firm posted $2.15 earnings per share. Alphabet’s quarterly revenue was up 18.0% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The company 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 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 (DPR) is currently 7.77%.

Analyst Ratings Changes

A number of equities analysts have commented on GOOG shares. JPMorgan Chase & Co. increased their target price on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Piper Sandler reiterated an “overweight” rating and set a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $370.00 price objective on shares of Alphabet in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Finally, Pivotal Research reiterated a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price 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.