KTF Investments LLC Buys New Position in Alphabet Inc. $GOOG

Key Points

• KTF Investments LLC opened a new position in Alphabet, buying 41,082 shares valued at about $12.89 million in the fourth quarter. Alphabet now makes up roughly 2.1% of the firm’s portfolio.
• Alphabet’s latest quarterly results were strong, with EPS of $5.11 beating estimates by a wide margin and revenue of $109.9 billion topping expectations. Revenue rose 21.8% year over year, and analysts now expect continued earnings growth this year.
• The company also raised its quarterly dividend to $0.22 per share from $0.21, though the yield remains low at about 0.2%. Meanwhile, Wall Street sentiment is broadly positive, with multiple analysts lifting price targets and maintaining Buy or Strong Buy ratings.

KTF Investments LLC bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 41,082 shares of the information services provider's stock, valued at approximately $12,892,000. Alphabet makes up approximately 2.1% of KTF Investments LLC's investment portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at about $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at about $32,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Alphabet during the 4th quarter valued at about $38,000. Towne Trust Company N.A boosted its position in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. bought a new stake in shares of Alphabet during the 3rd quarter valued at about $61,000. Institutional investors own 27.26% of the company's stock.

Alphabet Stock Performance

Shares of GOOG opened at $397.05 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.80 trillion, a price-to-earnings ratio of 30.29, a PEG ratio of 1.65 and a beta of 1.25. The stock has a 50 day moving average of $317.19 and a 200 day moving average of $311.59. Alphabet Inc. has a 12 month low of $153.83 and a 12 month high of $398.37.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet's revenue was up 21.8% on a year-over-year basis. During the same period last year, the business posted $2.81 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 14 earnings per share for the current year.

Alphabet Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This is an increase from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet's dividend payout ratio is 6.41%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s recent earnings strength continues to drive optimism, with analysts raising price targets and earnings estimates after a strong Q1 beat that showed faster growth in Search, Cloud, and YouTube. Investors are also reacting to broad bullish coverage and high-profile holders adding to GOOG exposure.
• Positive Sentiment: Google is expanding its AI monetization tools, unveiling AI-powered Search and Shopping bidding/budgeting features that could make ad spending more efficient and support ad revenue growth. Article: Google AI Automates Ad Bidding and Budget Pacing
• Positive Sentiment: Alphabet is also leaning into AI and consumer hardware, with new Fitbit Air and AI health-coach launches, plus continued work on smart glasses and broader agentic AI products. These developments reinforce the view that Google is becoming a major AI platform across ads, devices, and subscriptions.
• Neutral Sentiment: Several reports point to continued institutional interest and analyst support, including fund additions and upgraded target prices, but these are largely reinforcement signals rather than immediate catalysts.
• Negative Sentiment: Regulatory overhang remains a concern after Google was given more time to address EU antitrust issues, and a new UK lawsuit over online display ads adds another legal challenge. Article: Google has bit more time to address concerns in EU investigation, EU Commission says
• Negative Sentiment: Google also settled a racial discrimination lawsuit for $50 million, which removes some uncertainty but highlights ongoing reputational and legal risks tied to employment practices. Article: Google settles racial discrimination lawsuit for $50 million

Insider Buying and Selling

In other news, CAO Amie Thuener O'toole sold 955 shares of the firm's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company's stock, valued at $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider directly owned 13,227 shares of the company's stock, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 158,553 shares of company stock valued at $47,951,856 over the last three months. Insiders own 12.99% of the company's stock.

Wall Street Analysts Forecast Growth

GOOG has been the topic of several recent research reports. DZ Bank upgraded Alphabet to a "strong-buy" rating in a report on Monday, February 16th. Pivotal Research reiterated a "buy" rating and issued a $470.00 price target (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price target on Alphabet from $395.00 to $460.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Scotiabank reiterated an "outperform" rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Finally, Cantor Fitzgerald reiterated a "neutral" rating on shares of Alphabet in a report on Tuesday, January 20th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $362.73.

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.

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