Alphabet Inc. $GOOG Stake Raised by China Universal Asset Management Co. Ltd.

Key Points

• China Universal Asset Management Co. Ltd. increased its stake in Alphabet by 4.5% in Q4 to 73,966 shares, valued at about $23.21 million, making GOOG its 10th-largest holding (~1.8% of its portfolio).
• Alphabet posted a strong quarter—Q1 EPS $5.11 vs. $2.68 expected and revenue of $109.9B—and raised its quarterly dividend to $0.22 per share.
• Analysts remain broadly positive (consensus "Buy" with an average target near $362.73), but recent insider selling (191,053 shares in the last 90 days) and some institutional trimming add near-term caution.

China Universal Asset Management Co. Ltd. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 73,966 shares of the information services provider's stock after purchasing an additional 3,168 shares during the quarter. Alphabet comprises about 1.8% of China Universal Asset Management Co. Ltd.'s holdings, making the stock its 10th biggest holding. China Universal Asset Management Co. Ltd.'s holdings in Alphabet were worth $23,211,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of GOOG. Imprint Wealth LLC bought a new stake in shares of Alphabet in the third quarter worth approximately $31,000. Manning & Napier Advisors LLC bought a new position in Alphabet in the 3rd quarter worth $32,000. Nvest Wealth Strategies Inc. purchased a new position in shares of Alphabet during the 4th quarter valued at about $38,000. Towne Trust Company N.A lifted its holdings in Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after purchasing an additional 34 shares in the last quarter. Finally, Lynch Asset Management Inc. purchased a new position in shares of Alphabet during the 3rd quarter valued at $61,000. Institutional investors own 27.26% of the company's stock.

Alphabet Trading Down 0.9%

Shares of NASDAQ GOOG opened at $379.64 on Tuesday. Alphabet Inc. has a 1-year low of $149.49 and a 1-year high of $384.18. The stock has a market capitalization of $4.59 trillion, a P/E ratio of 28.96, a price-to-earnings-growth ratio of 1.81 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The business has a fifty day moving average price of $312.44 and a 200 day moving average price of $308.65.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company's quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 EPS. Equities research analysts expect that Alphabet Inc. will post 12.78 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, June 8th. This is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet's payout ratio is presently 6.41%.

Insider Activity at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the company's stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider owned 51,808 shares in the company, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Frances Arnold sold 102 shares of the firm's stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $371.00, for a total value of $37,842.00. Following the completion of the transaction, the director owned 18,621 shares of the company's stock, valued at $6,908,391. This trade represents a 0.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 191,053 shares of company stock worth $58,845,206 in the last 90 days. 12.99% of the stock is owned by insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 beat and Cloud strength — Alphabet reported far‑above‑consensus EPS and revenue and disclosed a Google Cloud backlog near ~$468B, driving optimistic analyst revisions and momentum after the quarter. Read More.
• Positive Sentiment: Analyst upgrades & higher price targets — Several firms raised targets and reiterated buy/outperform views (examples include JPMorgan, 24/7 Wall St. models projecting material upside, and a Citizens upgrade). These lifts support medium‑term upside expectations. Read More.
• Positive Sentiment: Large buyer activity — Mirae Asset reported a sizable addition to its GOOGL stake in recent 13F filings, signaling institutional demand. Read More.
• Neutral Sentiment: Strategic/geo-political relevance — Coverage notes Washington is increasingly focused on Google for national AI compute capacity, which could translate to long‑term government/business opportunities but also regulatory/oversight scrutiny. Read More.
• Neutral Sentiment: Waymo & mobility investments — Continued large funding and VC interest in Waymo highlight growth optionality beyond ads, but returns are long‑dated. Read More.
• Neutral Sentiment: AI ecosystem lift for semis and payments — Alphabet’s $190B AI buildout and agentic‑commerce themes boost broader AI infrastructure demand (beneficial for Google, but also benefits peers). Read More.
• Negative Sentiment: Institutional trimming & profit‑taking — Some funds cut GOOG/GOOGL positions (State of Michigan reduced GOOGL; Manning & Napier and Yacktman trimmed stakes), consistent with profit‑taking after a big run. That pressure can cap near‑term gains. Read More. Read More.Read More.
• Negative Sentiment: Rising capex guidance — Alphabet warned of a significant increase in 2027 capital spending tied to AI infrastructure, which can compress near‑term free cash flow and prompt some investors to take profits. Read More.
• Negative Sentiment: Insider selling — A director sale was reported (small amount), a reminder some insiders are trimming exposure; typically immaterial alone but contributes to the day's negative tape. Read More.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Truist Financial set a $385.00 price target on Alphabet in a report on Wednesday, April 22nd. Scotiabank reiterated an "outperform" rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research report on Monday, April 20th. KeyCorp set a $370.00 price target on Alphabet in a report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Six research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of "Buy" and an average price target of $362.73.

Alphabet Profile

Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.

Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.

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