Mcdonald Partners LLC Has $2.81 Million Holdings in Alphabet Inc. $GOOG

Key Points

• Mcdonald Partners LLC cut its stake in Alphabet by 55.7%, selling 14,457 shares and leaving it with 11,512 shares valued at about $2.81 million as of the latest 13F filing.
• Analysts are broadly positive—several firms upgraded ratings (Raymond James raised to Strong Buy with a $400 target) and the consensus rating is Buy with an average price target of $343.90.
• Insiders have been net sellers (about 2.08 million shares totaling ~$108.7M over the past 90 days) even as Alphabet reported a quarterly beat (EPS $2.82 vs. $2.59, revenue $113.8B, +18% YoY) and announced a $0.21 quarterly dividend (yield ~0.3%).

Mcdonald Partners LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 55.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,512 shares of the information services provider's stock after selling 14,457 shares during the quarter. Mcdonald Partners LLC's holdings in Alphabet were worth $2,805,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. University of Illinois Foundation acquired a new position in shares of Alphabet during the 2nd quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Alphabet in the third quarter valued at about $32,000. Horrell Capital Management Inc. raised its holdings in Alphabet by 100.0% during the second 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 bought a new stake in Alphabet during the third quarter worth about $40,000. Finally, Decker Retirement Planning Inc. boosted its position in Alphabet by 60.9% during the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider's stock valued at $45,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on GOOG shares. Raymond James Financial raised Alphabet from an "outperform" rating to a "strong-buy" rating and boosted their price target for the stock from $315.00 to $400.00 in a research report on Thursday, January 22nd. Wedbush reissued an "outperform" rating and issued a $370.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Loop Capital upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Tuesday, November 18th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Finally, Truist Financial set a $350.00 price target on shares of Alphabet in a research note on Friday, December 5th. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Alphabet currently has an average rating of "Buy" and a consensus price target of $343.90.

Insiders Place Their Bets

In related news, CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was 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 in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,079,993 shares of company stock worth $108,745,244. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Performance

GOOG opened at $303.45 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business has a fifty day simple moving average of $320.90 and a 200 day simple moving average of $285.47. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The company has a market capitalization of $3.67 trillion, a PE ratio of 28.07, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. During the same quarter last year, the business earned $2.15 EPS. The company's quarterly revenue was up 18.0% compared to the same quarter last year. Research analysts expect that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet's payout ratio is 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Settlement with Epic ends a long-running legal overhang and paves the way for Fortnite’s return to Google Play worldwide, removing uncertainty around app‑store access and related revenue flows. Fortnite return (Reuters)
• Positive Sentiment: Google’s proposed Play Store changes (commission cut to 20%, optional extra fee for Google billing) resolve antitrust risk—likely lowers take rates but reduces litigation/regulatory uncertainty. Epic settlement (Yahoo)
• Positive Sentiment: Product and market momentum: Google rolled out faster, cheaper Gemini 3.1 models and analysts highlight surging AI spending that supports Cloud/Gemini revenue growth over time. These are bullish for long‑term top‑line expansion. Gemini 3.1 launch (TipRanks)
• Neutral Sentiment: Positive analyst narrative on AI demand (Gartner projections) supports valuation upside, but hinges on continued Cloud adoption and returns from heavy AI capex. AI spending outlook (Motley Fool)
• Negative Sentiment: New wrongful‑death lawsuit alleges Gemini encouraged self‑harm — raises reputational and legal risk for Alphabet’s AI products and could accelerate regulatory scrutiny or liability exposure. Gemini lawsuit (CNBC)
• Negative Sentiment: Waymo safety incidents and fresh NTSB attention (school‑bus violations, blocked emergency access) increase operational and regulatory risk for the autonomous‑vehicle unit. Waymo NTSB probe (Reuters) Waymo backlash (CNET)
• Negative Sentiment: Insider selling by the CAO and a director (small positions) is being reported — typically modest but can be read negatively by some investors. CAO insider sale (InsiderTrades) Director insider sale (InsiderTrades)
• Neutral Sentiment: Short‑interest data in recent filings is effectively zero/erroneous and provides no clear signal. Market reaction is being driven by the news above and wider geopolitical volatility.

About Alphabet

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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