AGF Management Ltd. Has $675.95 Million Stock Holdings in Alphabet Inc. $GOOGL

AGF Management Ltd. reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,780,541 shares of the information services provider’s stock after selling 37,043 shares during the quarter. Alphabet makes up approximately 3.0% of AGF Management Ltd.’s holdings, making the stock its 3rd largest holding. AGF Management Ltd.’s holdings in Alphabet were worth $675,950,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC increased its position in Alphabet by 2.6% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 47,601 shares of the information services provider’s stock valued at $11,572,000 after acquiring an additional 1,226 shares in the last quarter. Greykasell Wealth Strategies Inc. lifted its position in shares of Alphabet by 6.6% during the third quarter. Greykasell Wealth Strategies Inc. now owns 31,157 shares of the information services provider’s stock worth $7,574,000 after purchasing an additional 1,934 shares in the last quarter. United Community Bank grew its stake in shares of Alphabet by 1.6% during the third quarter. United Community Bank now owns 11,276 shares of the information services provider’s stock valued at $2,741,000 after purchasing an additional 182 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Alphabet by 13.7% in the third quarter. Jones Financial Companies Lllp now owns 2,608,376 shares of the information services provider’s stock valued at $642,066,000 after purchasing an additional 315,187 shares in the last quarter. Finally, Retirement Solution LLC bought a new position in Alphabet in the 3rd quarter worth approximately $253,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JMP Securities reiterated a “market outperform” rating and issued a $290.00 price objective on shares of Alphabet in a research report on Wednesday, October 22nd. Truist Financial set a $385.00 price target on Alphabet in a report on Thursday, February 5th. Barclays reiterated an “overweight” rating and issued a $360.00 price objective (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Royal Bank Of Canada upped their target price on shares of Alphabet from $375.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company set a $354.00 price target on shares of Alphabet and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $361.64.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported a 48% year‑over‑year revenue surge, highlighting strong enterprise demand and accelerating monetization of AI — a major fundamental tailwind for long‑term revenue growth. Google (GOOGL) Cloud Revenue Just Surged 48% And May Have Delivered Knockout Blow To OpenAI
• Positive Sentiment: Some analysts remain constructive — a recent note set a $348 price target for Google, signaling analyst confidence that the pullback could be temporary and implying meaningful upside from current levels. Analysts Set $348 Target for Google After February Dip
• Positive Sentiment: DZ Bank reiterated a “buy” rating, adding institutional endorsement to the view that Alphabet’s AI and cloud investments justify a buy‑and‑hold stance. Alphabet C: DZ Bank Reiterates Its ‘Buy’ Rating
• Neutral Sentiment: MarketBeat frames the recent share pullback as a potential buying opportunity: fundamentals (ad/search strength, cloud momentum, Gemini user growth) remain intact, but technical/support levels near $300–$280 will be watched for confirmation. Alphabet’s Pullback: A Second Chance for Long-Term Investors?
• Neutral Sentiment: Alphabet leadership (CEO Sundar Pichai) is scheduled to attend a major AI summit in India alongside other industry CEOs — visibility at the event supports long‑term strategic positioning but is unlikely to move near‑term stock direction by itself. Huang and Pichai among tech CEOs heading to India for major AI summit in a key market
• Neutral Sentiment: Reported short‑interest data in February is noisy/ambiguous (reported as zero/inconsistent), so there’s no clear sign that a significant short‑squeeze dynamic is influencing today’s move.
• Negative Sentiment: U.K. officials announced tougher online‑safety rules aimed at protecting children that could increase compliance costs and constrain how chatbots and AI products are deployed in Europe — a regulatory risk for AI product rollout and monetization. AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
• Negative Sentiment: Competitive product launches (e.g., Claude Cowork) have been cited in some coverage as a short‑term headwind for sentiment, dragging shares as investors assess market share and monetization risks for Gemini vs. rival models. 1 Artificial Intelligence (AI) Stock Investors Are Buying on the Dip

Alphabet Price Performance

Alphabet stock opened at $305.72 on Tuesday. The stock has a 50-day moving average price of $321.03 and a two-hundred day moving average price of $276.31. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a market capitalization of $3.70 trillion, a PE ratio of 28.28, a P/E/G ratio of 1.79 and a beta of 1.09. 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 (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (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 during the quarter, compared to the consensus estimate of $111.24 billion. Analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

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

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director directly owned 18,307 shares of the company’s stock, valued at approximately $6,224,380. The trade was a 0.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the sale, the director owned 21,224 shares in the company, valued at $7,163,524.48. This trade represents a 2.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,064,308 shares of company stock valued at $104,383,469 over the last quarter. 11.55% of the stock is currently owned by company insiders.

Alphabet Company 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.