3G Capital Partners LP Purchases New Position in Alphabet Inc. $GOOGL

3G Capital Partners LP purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 100,000 shares of the information services provider’s stock, valued at approximately $24,310,000. Alphabet comprises 5.8% of 3G Capital Partners LP’s investment portfolio, making the stock its 6th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooktree Capital Management purchased a new position in Alphabet in the 2nd quarter valued at approximately $352,000. Griffin Asset Management Inc. lifted its position in shares of Alphabet by 13.9% during the third quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after acquiring an additional 7,180 shares in the last quarter. Sovran Advisors LLC lifted its position in shares of Alphabet by 23.6% during the third quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after acquiring an additional 4,241 shares in the last quarter. Birchcreek Wealth Management LLC boosted its holdings in shares of Alphabet by 2.9% in the second quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after acquiring an additional 223 shares during the period. Finally, Centerpoint Advisory Group boosted its holdings in shares of Alphabet by 21.0% in the second quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock worth $424,000 after acquiring an additional 418 shares during the period. 40.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Argus lifted their price target on Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Arete Research increased their price objective on Alphabet from $380.00 to $405.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Canaccord Genuity Group set a $415.00 target price on Alphabet in a research note on Thursday, February 5th. Robert W. Baird lifted their target price on Alphabet from $375.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Finally, BNP Paribas Exane assumed coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $367.18.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $302.28 on Friday. The stock’s 50-day simple moving average is $319.12 and its two-hundred day simple moving average is $289.81. 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 P/E ratio of 27.96, a P/E/G ratio of 1.77 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

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

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider owned 13,227 shares of the company’s stock, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the sale, the chief executive officer owned 1,674,560 shares in the company, valued at approximately $508,028,012.80. This trade represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,112,493 shares of company stock valued at $118,605,094 over the last quarter. Company insiders own 11.64% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a “buy” on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet’s earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ “Platform 37” referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

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.