E Fund Management Hong Kong Co. Ltd. Buys 8,280 Shares of Alphabet Inc. $GOOGL

E Fund Management Hong Kong Co. Ltd. lifted its position in Alphabet Inc. (NASDAQ:GOOGL) by 745.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,391 shares of the information services provider’s stock after purchasing an additional 8,280 shares during the period. Alphabet comprises approximately 1.4% of E Fund Management Hong Kong Co. Ltd.’s portfolio, making the stock its 16th biggest holding. E Fund Management Hong Kong Co. Ltd.’s holdings in Alphabet were worth $2,283,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in GOOGL. Brighton Jones LLC raised its stake in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the period. Financiere des Professionnels Fonds d investissement inc. increased its holdings in Alphabet by 32.2% during the 2nd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 51,507 shares of the information services provider’s stock valued at $9,077,000 after purchasing an additional 12,547 shares during the period. Jackson Square Capital LLC raised its position in Alphabet by 38.9% during the 2nd quarter. Jackson Square Capital LLC now owns 52,494 shares of the information services provider’s stock valued at $9,251,000 after purchasing an additional 14,704 shares during the last quarter. Finally, Chickasaw Capital Management LLC lifted its holdings in Alphabet by 6.2% in the 2nd quarter. Chickasaw Capital Management LLC now owns 24,938 shares of the information services provider’s stock worth $4,395,000 after buying an additional 1,450 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Trading Down 0.8%

Shares of NASDAQ GOOGL opened at $330.00 on Friday. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a 50-day moving average of $311.33 and a 200 day moving average of $254.85. The stock has a market cap of $3.98 trillion, a P/E ratio of 32.54, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. As a group, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent analyst reports. Moffett Nathanson lifted their price objective on Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group reiterated a “buy” rating and issued a $375.00 price target (up previously from $330.00) on shares of Alphabet in a report on Tuesday. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Thursday, November 20th. Citigroup reaffirmed an “outperform” rating on shares of Alphabet in a research report on Wednesday, December 31st. Finally, Citic Securities boosted their price target on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Three analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $326.31.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the completion of the sale, the chief executive officer directly owned 2,337,119 shares in the company, valued at approximately $662,526,494.12. This represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 189,909 shares of company stock worth $57,927,282. 11.64% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Big AI monetization wins — Apple’s decision to build next‑gen Siri on Google’s Gemini (a central catalyst behind Alphabet topping a ~$4 trillion valuation) implies licensing revenue and much broader Gemini distribution, which supports revenue and margins. Read More.
• Positive Sentiment: Analyst backing — recent upgrades and a higher price target (e.g., Bank of America raised its GOOGL target) are propping sentiment and provide near‑term buy‑side support. Read More.
• Positive Sentiment: New commercial partnerships — Google announced a Woolworths pilot to add agentic AI to its Olive chatbot in Australia, expanding potential retail use cases and distribution for Google’s AI services. Read More.
• Neutral Sentiment: Competitive positioning — DeepMind leadership and comments that Chinese models are “months” behind support Alphabet’s technical edge, but competition remains intense and will keep investment cycles high. Read More.
• Negative Sentiment: Antitrust fallout — Google asked a judge to defer an order forcing it to share search data while it appeals a ruling that found an illegal monopoly in search; ongoing remedies or eventual enforcement could materially affect the core search business and ad economics. Read More.
• Negative Sentiment: Copyright litigation risk — major publishers are seeking to join a class action alleging Google used copyrighted material to train its AI, creating potential licensing costs, damages or restrictions on training data. Read More.
• Negative Sentiment: Infrastructure headwinds — Google warns U.S. transmission system constraints are slowing data‑center hookups and could raise capex and delay cloud/AI capacity expansion, pressuring near‑term margins. Read More.
• Negative Sentiment: Insider selling — a disclosed director sale (600 shares) is small but adds to mixed sentiment amid other headwinds. Read More.

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.