Alphabet Inc. $GOOGL Shares Purchased by Daiichi Life Insurance Co. Ltd.

Key Points

• Daiichi Life Insurance increased its Alphabet stake by 4.1% in the second quarter, adding 12,500 shares for a total of 318,060 shares valued at approximately $113.7 million. Institutional investors own about 40% of Alphabet’s stock.
• Alphabet reported quarterly earnings of $9.11 per share on revenue of $119.8 billion, exceeding analyst expectations. The company will also pay a quarterly dividend of $0.22 per share, representing a 0.3% yield.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $420.19, though concerns remain over sharply higher AI-related capital spending, legal scrutiny and execution risks.

Daiichi Life Insurance Co. Ltd. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,060 shares of the information services provider's stock after purchasing an additional 12,500 shares during the period. Alphabet makes up 2.7% of Daiichi Life Insurance Co. Ltd.'s holdings, making the stock its 6th biggest holding. Daiichi Life Insurance Co. Ltd.'s holdings in Alphabet were worth $113,665,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new position in Alphabet in the fourth quarter valued at about $32,000. EMC Capital Management acquired a new stake in shares of Alphabet during the fourth quarter valued at about $33,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Alphabet during the fourth quarter valued at about $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet in the 4th quarter valued at approximately $52,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Alphabet in the 3rd quarter valued at approximately $53,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet Price Performance

GOOGL stock opened at $338.46 on Monday. The stock has a market cap of $4.14 trillion, a P/E ratio of 17.00, a PEG ratio of 0.98 and a beta of 1.22. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $231.90 and a twelve month high of $408.61. The company's 50 day moving average is $349.02 and its two-hundred day moving average is $342.87.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. Research analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet's dividend payout ratio is presently 4.42%.

Insiders Place Their Bets

In related news, Director John Hennessy sold 1,050 shares of the company's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company's stock, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. 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 196,931 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 451,925 shares of company stock valued at $12,371,544. Company insiders own 11.61% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue growth and expanding margins continue to support Alphabet’s AI investment strategy. Supporters argue that cloud growth—reportedly up 82% year over year—could eventually justify the company’s much higher spending. Google Cloud growth article
• Positive Sentiment: A federal judge rejected a forced breakup of Google’s ad-tech business, limiting the immediate structural risk to Alphabet. The company will instead face behavioral remedies, although the ad-network business recently contracted. Google ad-business ruling
• Positive Sentiment: New AI features in Gmail, Docs and Keep, along with continued Gemini development, could improve user engagement and strengthen Alphabet’s competitive position in generative AI. Rosenblatt also reaffirmed a buy rating with a $410 price target. Google AI product launch
• Neutral Sentiment: Alphabet will pay a quarterly dividend of $0.22 per share on September 14 to shareholders of record on September 4, providing a modest income component but unlikely to materially change the investment case. Alphabet dividend article
• Negative Sentiment: Alphabet raised 2026 capital-spending guidance to approximately $195 billion–$205 billion. Second-quarter free cash flow turned negative as capital expenditures reached $44.9 billion, raising concerns that AI infrastructure spending may take years to generate adequate returns. Alphabet cloud margins and AI spending
• Negative Sentiment: Investors are also concerned about execution: Gemini 3.5 Pro reportedly remained delayed, while the company faces multiple securities-fraud investigations and continued scrutiny over its ad-tech practices. These issues add legal and competitive risk to an already expensive AI buildout. Gemini delay article

Analysts Set New Price Targets

A number of research analysts have commented on GOOGL shares. HSBC restated a "buy" rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Truist Financial set a $420.00 price objective on Alphabet and gave the company a "buy" rating in a report on Thursday, July 23rd. Citizens Jmp reissued a "market outperform" rating and set a $515.00 target price on shares of Alphabet in a research note on Wednesday, July 22nd. Royal Bank Of Canada restated an "outperform" rating and set a $425.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Finally, Wall Street Zen lowered shares of Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $420.19.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source