Alphabet Inc. $GOOGL is Oregon Public Employees Retirement Fund's 5th Largest Position

Key Points

• Oregon Public Employees Retirement Fund increased its Alphabet stake slightly in the fourth quarter, ending with 666,311 shares valued at about $208.6 million. Alphabet is now its 5th largest holding, accounting for roughly 2.7% of the fund’s portfolio.
• Alphabet’s latest earnings showed strong outperformance, with quarterly EPS of $5.11 versus estimates of $2.64 and revenue of $109.9 billion, above expectations. The company also reported strong profitability, including a 37.92% net margin.
• The company raised its quarterly dividend to $0.22 per share from $0.21, while analysts remain broadly bullish with a consensus rating of Moderate Buy and an average price target of $412.94.

Oregon Public Employees Retirement Fund raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 666,311 shares of the information services provider's stock after buying an additional 1,418 shares during the quarter. Alphabet comprises about 2.7% of Oregon Public Employees Retirement Fund's holdings, making the stock its 5th largest position. Oregon Public Employees Retirement Fund's holdings in Alphabet were worth $208,555,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new position in Alphabet during the fourth quarter worth about $38,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet during the third quarter worth about $53,000. Kentucky Trust Co grew its position in Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after buying an additional 100 shares in the last quarter. iSAM Funds UK Ltd purchased a new position in Alphabet during the third quarter worth about $53,000. Finally, Sellwood Investment Partners LLC purchased a new position in Alphabet during the third quarter worth about $63,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the sale, the director owned 2,531 shares of the company's stock, valued at approximately $995,341.06. The trade was a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business's stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 226,369 shares of company stock worth $27,388,127 in the last 90 days. 11.61% of the stock is currently owned by company insiders.

Alphabet Stock Performance

NASDAQ GOOGL opened at $380.34 on Monday. Alphabet Inc. has a 1-year low of $162.00 and a 1-year high of $408.61. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $345.77 and a 200-day moving average of $325.15. The firm has a market cap of $4.61 trillion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. As a group, sell-side analysts forecast that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here's One Thing To Know.

Analyst Ratings Changes

GOOGL has been the subject of a number of research reports. Daiwa Securities Group upped their price objective on Alphabet from $380.00 to $445.00 and gave the stock a "buy" rating in a report on Tuesday, May 5th. Phillip Securities upped their price objective on Alphabet from $340.00 to $395.00 and gave the stock a "moderate buy" rating in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alphabet in a report on Tuesday, April 28th. Pivotal Research upped their price objective on Alphabet from $400.00 to $420.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Finally, Wolfe Research cut their price objective on Alphabet from $390.00 to $360.00 and set an "outperform" rating for the company in a report on Friday, April 10th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $412.94.

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.

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