Kurv Investment Management LLC Buys 3,001 Shares of Alphabet Inc. $GOOGL

Key Points

• Kurv Investment Management increased its Alphabet stake by 7.1%, buying 3,001 shares to hold 45,374 shares worth about $15.6 million. Alphabet is the firm’s largest holding, representing 7.8% of its portfolio.
• Alphabet reported quarterly EPS of $2.12, missing analysts’ $3.02 estimate; revenue of $127.58 billion also came in slightly below consensus.
• Analysts maintain a consensus Buy rating and a $412.51 price target. Alphabet also announced a quarterly dividend of $0.22 per share.

Kurv Investment Management LLC grew its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,374 shares of the information services provider's stock after buying an additional 3,001 shares during the quarter. Alphabet accounts for approximately 7.8% of Kurv Investment Management LLC's holdings, making the stock its largest position. Kurv Investment Management LLC's holdings in Alphabet were worth $15,612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Wealth Advisors LLC increased its position in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock valued at $137,000 after purchasing an additional 27 shares during the last quarter. Rockbridge Investment Management LCC lifted its stake in shares of Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock worth $1,570,000 after purchasing an additional 27 shares during the period. Ruggaard & Associates LLC lifted its stake in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock worth $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC lifted its stake in shares of Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock worth $744,000 after purchasing an additional 28 shares during the period. Finally, Evansbrook LLC boosted its holdings 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 buying an additional 28 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the firm's stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 247 shares of company stock valued at $79,238 over the last three months. Corporate insiders own 11.61% of the company's stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $284.78 on Monday. The stock has a 50 day moving average of $332.93 and a 200 day moving average of $338.97. The company has a market cap of $3.50 trillion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.23. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a 12-month low of $270.70 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts' consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, equities research analysts expect that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 4.59%.

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent research reports. Truist Financial cut their target price on shares of Alphabet from $420.00 to $410.00 and set a "buy" rating for the company in a research report on Thursday, October 29th. Freedom Capital upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Susquehanna decreased their price target on shares of Alphabet from $460.00 to $400.00 and set a "positive" rating on the stock in a research report on Thursday, October 29th. UBS Group set a $332.00 price target on shares of Alphabet and gave the stock a "neutral" rating in a research note on Thursday, October 29th. Finally, Sanford C. Bernstein reissued a "market perform" rating and set a $325.00 price objective (down from $385.00) on shares of Alphabet in a research report on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $412.51.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
• Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
• Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
• Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
• Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.

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