Asset Management One Co. Ltd. raised its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,784,193 shares of the information services provider's stock after purchasing an additional 58,731 shares during the quarter. Alphabet accounts for 2.4% of Asset Management One Co. Ltd.'s investment portfolio, making the stock its 6th largest position. Asset Management One Co. Ltd.'s holdings in Alphabet were worth $872,936,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of GOOGL. PMV Capital Advisers LLC purchased a new position in shares of Alphabet during the 4th quarter valued at $38,000. Kentucky Trust Co lifted its position in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock valued at $53,000 after buying an additional 100 shares during the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Alphabet during the 3rd quarter valued at $53,000. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Alphabet during the 3rd quarter valued at $53,000. Finally, PayPay Securities Corp lifted its position in shares of Alphabet by 23.7% during the 4th quarter. PayPay Securities Corp now owns 245 shares of the information services provider's stock valued at $77,000 after buying an additional 47 shares during the last quarter. Institutional investors own 40.03% of the company's stock.
Alphabet Stock Performance
Shares of GOOGL opened at $385.69 on Monday. The stock's 50-day simple moving average is $313.72 and its 200 day simple moving average is $308.70. Alphabet Inc. has a 52-week low of $147.84 and a 52-week high of $386.76. The stock has a market capitalization of $4.67 trillion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 1.80 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.
Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Research analysts forecast that Alphabet Inc. will post 12.94 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. Shareholders of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is an increase from Alphabet's previous quarterly dividend of $0.21. Alphabet's payout ratio is 6.41%.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Tigress Financial set a $415.00 price target on Alphabet and gave the company a "strong-buy" rating in a research report on Thursday, February 19th. BMO Capital Markets increased their price objective on Alphabet from $410.00 to $435.00 and gave the stock an "outperform" rating in a report on Thursday. DZ Bank reissued a "buy" rating on shares of Alphabet in a report on Monday, February 16th. Morgan Stanley increased their price objective on Alphabet from $330.00 to $375.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Wolfe Research dropped their price objective on Alphabet from $390.00 to $360.00 and set an "outperform" rating on the stock in a report on Friday, April 10th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Alphabet has an average rating of "Moderate Buy" and a consensus target price of $397.48.
Read Our Latest Stock Report on Alphabet
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
- Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
- Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
- Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
- Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
- Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
- Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe
Insider Transactions at Alphabet
In other Alphabet news, CAO Amie Thuener O'toole sold 617 shares of the firm's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company's stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the completion of the sale, the chief executive officer directly owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 191,053 shares of company stock worth $58,845,206. 11.61% of the stock is owned by insiders.
Alphabet Company Profile
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Free Report)
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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