K.J. Harrison & Partners Inc Acquires 14,821 Shares of Alphabet Inc. $GOOG

K.J. Harrison & Partners Inc grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 34.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,434 shares of the information services provider’s stock after buying an additional 14,821 shares during the period. Alphabet accounts for about 2.0% of K.J. Harrison & Partners Inc’s holdings, making the stock its 7th largest holding. K.J. Harrison & Partners Inc’s holdings in Alphabet were worth $14,153,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. University of Illinois Foundation acquired a new position in Alphabet in the second quarter valued at approximately $31,000. Manning & Napier Advisors LLC purchased a new position in shares of Alphabet in the 3rd quarter valued at $32,000. Horrell Capital Management Inc. raised its stake in Alphabet by 100.0% during the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after acquiring an additional 100 shares in the last quarter. Tripletail Wealth Management LLC purchased a new stake in Alphabet in the third quarter valued at $40,000. Finally, Decker Retirement Planning Inc. boosted its stake in Alphabet by 60.9% in the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 95 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the sale, the director directly owned 20,624 shares in the company, valued at $6,325,999.52. The trade was a 2.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Nano Banana 2, an upgraded AI image generator with faster performance and better text handling — reinforces product leadership for Gemini/search integrations and helps drive user engagement across Google services. Google launches Nano Banana 2
• Positive Sentiment: Alphabet reportedly struck a multibillion-dollar deal to rent its AI chips (TPUs) to Meta — a direct revenue and margin-positive outcome from Alphabet’s AI infrastructure investments. Google signs multibillion-dollar AI chip deal with Meta
• Positive Sentiment: Alphabet is securing power supply agreements for data centers (deals with AES and Xcel), which reduces execution risk for its AI/cloud buildout and supports continued capacity expansion. Alphabet Secures Power Deals
• Positive Sentiment: South Korea approved Google’s request to export high‑precision map data, opening commercial opportunities for Google Maps and Waymo in a market previously restricted — potential revenue and product expansion tailwind. South Korea approves Google bid
• Positive Sentiment: Heavy investors continue to add to Alphabet: notable buying by billionaire Stanley Druckenmiller was reported — an endorsement that can support sentiment among long-term institutional investors. Druckenmiller buys Alphabet
• Neutral Sentiment: Analyst coverage and buy ratings remain favorable (recent upgrades and positive notes on cloud/AI), supporting longer-term upside expectations even after concerns about spending. MarketBeat coverage
• Neutral Sentiment: Short-interest updates in available feeds show anomalous/zero reporting and NaN changes — appears to be noisy data and unlikely to be driving today’s move. (Data entries flagged as 0/NaN.)
• Negative Sentiment: Belgian competition authorities opened a probe into Google’s online ad pricing practices — a regulatory risk that could pressure ad margins or lead to fines/operational changes in Europe. Belgian watchdog probe
• Negative Sentiment: Competitive pressure intensified after OpenAI raised massive funding with Amazon/Nvidia/Microsoft as backers — concentrates AI competition and could blunt parts of Google’s enterprise opportunity or pricing power. OpenAI record funding report
• Negative Sentiment: Investor cautions: critics (Michael Burry, some options trade services) have flagged Alphabet’s aggressive AI capex and warned of margin pressure — a reminder of downside risk if spending outpaces near-term monetization. Michael Burry on Google’s AI spending

Alphabet Stock Performance

Shares of GOOG opened at $311.43 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The stock has a market cap of $3.77 trillion, a P/E ratio of 28.81, a PEG ratio of 1.80 and a beta of 1.10. The company has a 50-day moving average of $321.49 and a two-hundred day moving average of $282.81.

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

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. 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 (DPR) is presently 7.77%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on GOOG. Jefferies Financial Group restated a “buy” rating and set a $365.00 price target on shares of Alphabet in a research note on Monday, January 5th. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. DA Davidson set a $300.00 price objective on shares of Alphabet in a research report on Tuesday, November 25th. Finally, Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $315.00 to $400.00 in a research note on Thursday, January 22nd. 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 assigned a Sell rating to the company. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and an average 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.