KMG Fiduciary Partners LLC Has $50.03 Million Stock Position in Alphabet Inc. $GOOGL

KMG Fiduciary Partners LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 22.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,991 shares of the information services provider’s stock after selling 40,058 shares during the period. Alphabet makes up 4.6% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 3rd biggest position. KMG Fiduciary Partners LLC’s holdings in Alphabet were worth $50,028,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOGL. Strategic Wealth Advisors LLC grew its holdings in shares of Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares during the last quarter. Rockbridge Investment Management LCC grew its position in Alphabet by 0.5% in the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after acquiring an additional 27 shares in the last quarter. Ruggaard & Associates LLC boosted its stake in shares of Alphabet by 0.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after acquiring an additional 27 shares in the last quarter. Cadia Private Client LLC lifted its stake in shares of Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after buying an additional 28 shares during the last quarter. Finally, Evansbrook LLC increased its stake in shares of Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after purchasing an additional 28 shares during the period. Institutional investors own 40.03% of the company’s stock.

Insider Activity

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. Insiders sold 451,945 shares of company stock valued at $12,382,714 in the last 90 days. 11.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Dbs Bank lifted their target price on shares of Alphabet from $400.00 to $460.00 in a research report on Thursday, May 7th. UBS Group dropped their target price on Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Mizuho boosted their price target on Alphabet from $420.00 to $460.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Stifel Nicolaus set a $420.00 price target on Alphabet and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, China Renaissance increased their price objective on Alphabet from $400.00 to $485.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $419.86.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several prominent investors increased their Alphabet positions in the second quarter. Berkshire Hathaway raised its stake substantially, while Stanley Druckenmiller, Seth Klarman, David Tepper, Dan Loeb, and others also bought shares—potentially reinforcing confidence in Alphabet’s valuation and long-term outlook. Berkshire Hathaway Alphabet stake article
• Positive Sentiment: Google’s Gemini reportedly reached 1 billion active users, supporting the case that Alphabet can build a large consumer AI business alongside its core search franchise. Alphabet’s valuation—about 17 times trailing earnings in the cited analysis—may also appear reasonable relative to its growth prospects. Gemini active users article
• Positive Sentiment: Alphabet is buying anonymized Spirit Airlines business data for $10 million to support product development and AI-model training. The relatively small deal highlights efforts to obtain proprietary data without acquiring customer records. Google Spirit Airlines data acquisition article
• Positive Sentiment: Google Cloud’s accelerating growth and reported $514 billion backlog remain major bullish arguments, indicating sustained enterprise demand for Alphabet’s AI infrastructure and cloud services. Alphabet Google Cloud growth article
• Neutral Sentiment: Alphabet reportedly hired banks for a debut Australian-dollar bond offering. The financing could diversify its funding base, although investors may focus on whether additional borrowing is needed to fund AI investment. Alphabet Australian dollar bond article
• Neutral Sentiment: AI automation startup Relay is shutting down, with some employees joining Google’s Chrome team. The talent acquisition could strengthen Chrome’s AI capabilities, but it is not expected to materially affect near-term earnings. Relay shutdown and Google hiring article
• Negative Sentiment: Alphabet’s planned 2026 capital spending of more than $200 billion is pressuring free cash flow. Commentary about an AI “debt ledger” and potential bond issuance adds to concerns that the AI buildout could require heavier financing before returns are proven. Alphabet AI capital spending article
• Negative Sentiment: Some investors said they are less bullish on Alphabet than two years ago, citing the company’s transformation and increased execution risks. Viking Global also reduced or exited its Alphabet position, offsetting the more widely reported institutional buying. Investor concerns about Alphabet article

Alphabet Stock Down 0.5%

NASDAQ GOOGL opened at $344.00 on Tuesday. The stock has a market capitalization of $4.21 trillion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 0.97 and a beta of 1.24. Alphabet Inc. has a 52 week low of $196.60 and a 52 week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a fifty day moving average of $353.27 and a 200-day moving average of $341.22.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. On average, equities research analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

About Alphabet

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.