Waterloo Capital L.P. Increases Holdings in Alphabet Inc. $GOOGL

Waterloo Capital L.P. increased its position in Alphabet Inc. (NASDAQ:GOOGL) by 12.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,868 shares of the information services provider’s stock after acquiring an additional 2,897 shares during the period. Waterloo Capital L.P.’s holdings in Alphabet were worth $6,532,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new stake in Alphabet in the 2nd quarter valued at approximately $21,944,208,000. Laurel Wealth Advisors LLC increased its position in Alphabet by 17,667.7% during the second quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock worth $2,686,640,000 after buying an additional 15,159,273 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Alphabet by 51.7% in the second quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after acquiring an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after acquiring an additional 6,733,278 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Alphabet by 201.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock valued at $1,153,824,000 after acquiring an additional 4,374,542 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Apple are adding music-focused generative-AI features to core apps, showing Alphabet’s AI tech is moving into mainstream consumer experiences that can drive engagement and ad/licensing opportunities. Google Gemini, Apple add music-focused generative AI features
• Positive Sentiment: Google will develop AI tools with Sea Ltd for e-commerce and gaming in Southeast Asia — a tie-up that expands Google Cloud and AI reach in high-growth markets, boosting potential cloud revenue. Google, Shopee-owner Sea to develop AI tools for e-commerce, gaming
• Positive Sentiment: Industry mega-deals like the NVIDIA–Meta expansion reinforce massive, multiyear demand for AI compute — a tailwind for Google Cloud (inference/deployment demand) as hyperscalers lock in infrastructure spending. NVIDIA and Meta Deepen Their AI Alliance
• Positive Sentiment: Big investors remain supportive: Berkshire Hathaway kept its Alphabet stake in recent filings and other high-profile investors (e.g., David Tepper) have increased exposure — signals of institutional confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Neutral Sentiment: Booking Holdings’ stock-split/earnings story spotlights Google’s Travel/AI booking capabilities — the piece underscores competitive dynamics (Google can disintermediate travel booking) but it’s more relevant as industry context than an immediate revenue swing for Alphabet. Booking Holdings Split: The Catalyst Wall Street Didn’t See Coming
• Negative Sentiment: Insider selling: Director John Hennessy sold 600 shares (filed in mid-February) — a small but visible insider sale that can amplify short-term selling narratives. Alphabet Director John Hennessy Sells 600 Shares
• Negative Sentiment: Waymo/regulatory and operational noise: New York regulatory shifts and scrutiny around remote-assistance in robotaxis constrain Waymo’s expansion and keep a regulatory overhang on Alphabet’s AV ambitions. New York Gov. Hochul drops robotaxi service proposal for outside NYC
• Negative Sentiment: Service reliability and cost concerns: A YouTube outage and commentary about Alphabet’s heavy CapEx for AI compute contribute to short-term profit-taking and worries about near-term margins. YouTube outage hits over 32,000 users

Alphabet Stock Performance

NASDAQ:GOOGL opened at $302.85 on Friday. The firm’s fifty day simple moving average is $320.20 and its 200 day simple moving average is $277.46. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00. The firm has a market capitalization of $3.66 trillion, a price-to-earnings ratio of 28.02, a PEG ratio of 1.78 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data 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 return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. As a group, equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Analyst Ratings Changes

A number of research firms have issued reports on GOOGL. DA Davidson upped their target price on shares of Alphabet from $300.00 to $310.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Piper Sandler reissued an “overweight” rating and set a $395.00 price objective (up previously from $365.00) on shares of Alphabet in a research note on Thursday, February 5th. KeyCorp set a $370.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Daiwa Securities Group boosted their price target on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Barclays restated an “overweight” rating and set a $360.00 price objective (up previously from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.86.

Insider Buying and Selling

In other news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were 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 SEC, which is available through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,079,982 shares of company stock worth $109,267,889 in the last 90 days. 11.64% of the stock is owned by insiders.

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.