KKM Financial LLC Has $5.49 Million Stake in Alphabet Inc. $GOOGL

KKM Financial LLC grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 9.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,575 shares of the information services provider’s stock after acquiring an additional 2,006 shares during the period. Alphabet accounts for 1.7% of KKM Financial LLC’s portfolio, making the stock its 14th largest holding. KKM Financial LLC’s holdings in Alphabet were worth $5,488,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brooktree Capital Management acquired a new position in Alphabet during the 2nd quarter worth about $352,000. Griffin Asset Management Inc. increased its position in Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after acquiring an additional 7,180 shares in the last quarter. Sovran Advisors LLC raised its stake in shares of Alphabet by 23.6% in the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after acquiring an additional 4,241 shares during the last quarter. Birchcreek Wealth Management LLC raised its stake in shares of Alphabet by 2.9% in the second quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after acquiring an additional 223 shares during the last quarter. Finally, Centerpoint Advisory Group lifted its position in shares of Alphabet by 21.0% during the second quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock worth $424,000 after purchasing an additional 418 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GOOGL shares. Arete Research increased their price target on shares of Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Mizuho upped their price objective on Alphabet from $400.00 to $410.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $400.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Stifel Nicolaus reissued a “buy” rating and issued a $395.00 target price (up from $346.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, KeyCorp set a $370.00 target price on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Market perception that Alphabet has shifted from being “hunted” to a “hunter” in the AI race — investors interpret this as improved competitive positioning for search, ads and cloud monetization, supporting near‑to‑midterm growth expectations. Alphabet (GOOG) gained from its shift in the AI race from being ‘hunted’ to being a ‘hunter’
• Positive Sentiment: Google closed its ~$32B acquisition of Wiz — strengthens cloud security capabilities and enterprise positioning, which should help diversify revenue and deepen enterprise cloud relationships over time. Wiz investor unpacks Google’s $32B acquisition
• Positive Sentiment: Analyst support: Needham reiterated a Buy on GOOGL, which can buoy investor sentiment and act as a near‑term catalyst for buying interest. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Neutral Sentiment: Heavy retail/investor attention and trending stock coverage (Zacks) — increased searches can raise volatility and volume, but are not a direct signal of fundamentals. Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Reported short‑interest data shows zero reported short shares and a 0.0 days‑to‑cover — likely a reporting anomaly; not meaningful evidence of decreased bearish positioning.
• Negative Sentiment: EU regulatory risk: European publishers and tech firms are urging the EU to conclude a long antitrust probe and impose a fine on Google over alleged search favoritism — a faster or larger penalty could pressure revenue from search and create operational constraints. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search

Alphabet Price Performance

Shares of GOOGL stock opened at $305.56 on Tuesday. The firm’s 50 day moving average price is $318.90 and its two-hundred day moving average price is $291.05. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The stock has a market cap of $3.70 trillion, a PE ratio of 28.27, a PEG ratio of 1.77 and a beta of 1.10.

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

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Insiders Place Their Bets

In other news, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the transaction, the director directly owned 20,624 shares in the company, valued at approximately $6,325,999.52. The trade was a 2.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,076,615 shares of company stock valued at $107,809,111 in the last ninety days. 11.55% of the stock is currently owned by insiders.

Alphabet 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.