Donaldson Capital Management LLC Has $18 Million Stake in Alphabet Inc. $GOOGL

Donaldson Capital Management LLC increased its position in Alphabet Inc. (NASDAQ:GOOGL) by 6.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 74,032 shares of the information services provider’s stock after buying an additional 4,476 shares during the period. Donaldson Capital Management LLC’s holdings in Alphabet were worth $17,997,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Financial Gravity Companies Inc. acquired a new stake in shares of Alphabet in the second quarter worth about $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Corsicana & Co. acquired a new stake in Alphabet in the 3rd quarter worth approximately $54,000. CarsonAllaria Wealth Management Ltd. boosted its position in Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after purchasing an additional 67 shares during the period. Finally, Sellwood Investment Partners LLC acquired a new position in Alphabet during the third quarter valued at approximately $63,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and AI/cloud growth — Alphabet exceeded EPS and revenue expectations, Cloud revenue jumped ~48% and backlog expanded materially, supporting longer-term revenue and monetization from AI products. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Positive Sentiment: Analyst optimism — Several firms raised price targets on GOOGL (noted lifts to $375 and $380), reflecting continued confidence in growth and upside vs. the recent pullback. Price Target Raised to $375 Price Target Raised to $380
• Positive Sentiment: Waymo expansion — Waymo is deploying next‑gen Ojai robotaxis and using gig workers for door-closing operations, signaling commercial progress in autonomous mobility (long-term revenue optionality). Waymo begins deploying next-gen Ojai robotaxis
• Neutral Sentiment: Strong bond demand—but guardrails questioned — Alphabet’s recent global bond sale drew very strong demand (underscoring investor confidence), while commentary noted limited contractual protections for bondholders on a long‑dated issuance. This is liquidity/market-confidence positive but raises structural concerns for fixed‑income holders. Alphabet bonds’ lack of guardrails highlights investor confidence
• Neutral Sentiment: Century‑bond debate — Heavy demand for a 100‑year sterling bond signals long-duration appetite (positive for funding flexibility) but prompts caution about untested long‑dated issuance. Why Alphabet’s 100-year sterling bond is raising new fears Bond investors are betting on another 100 years of Google
• Neutral Sentiment: Short‑interest data appears unreliable — Reports show sudden increases but list zero shares and NaN changes (likely a data glitch); not a confirmed signal of rising short pressure. (internal short‑interest entries)
• Negative Sentiment: EU antitrust probe into search ad auctions — European regulators are investigating Google’s ad-auction practices and pricing, which could lead to fines, operational constraints in Europe, or forced changes to ad platform mechanics. Google targeted by EU over its search advertising auction practices Google hit by fresh EU antitrust probe
• Negative Sentiment: CapEx and AI arms‑race fears — Alphabet’s large 2026 CapEx outlook (~$175–185B) and the broader AI infrastructure spend among hyperscalers have raised investor concern about free‑cash‑flow strain and near‑term margin/return pressures; that theme contributed to short‑term selling after earnings. Alphabet Drops 7% Post Q4 Earnings Mag 7 AI Arms Race: Heavy CapEx, FCF Strain
• Negative Sentiment: Broader tech weakness — Coverage notes that several mega‑cap tech names have softened (Magnificent Seven pressure), which amplifies selloffs in high‑multiple names like GOOGL even when fundamentals remain strong. Amazon Joins Microsoft in Bear Market

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GOOGL. Jefferies Financial Group boosted their price objective on shares of Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Stifel Nicolaus reissued a “buy” rating and set a $395.00 target price (up previously from $346.00) on shares of Alphabet in a research report on Thursday, February 5th. Moffett Nathanson raised their price target on Alphabet from $305.00 to $350.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. The Goldman Sachs Group reiterated a “buy” rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Finally, Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $361.64.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $305.72 on Friday. 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’s fifty day moving average price is $321.19 and its two-hundred day moving average price is $274.95. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The stock has a market capitalization of $3.69 trillion, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 1.79 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. As a group, analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company 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 dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Insider Activity at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $340.00, for a total value of $34,680.00. Following the completion of the transaction, the director directly owned 18,307 shares in the company, valued at approximately $6,224,380. This represents a 0.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,067,086 shares of company stock valued at $105,184,255. Insiders own 11.64% of the company’s stock.

Alphabet Profile

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.