China Universal Asset Management Co. Ltd. Has $54.45 Million Holdings in Alphabet Inc. $GOOGL

Key Points

• China Universal Asset Management increased its Alphabet stake by 14.4% in the fourth quarter, buying 21,904 more shares and bringing its position to 173,954 shares worth about $54.45 million. Alphabet is now its fourth-largest holding.
• Alphabet reported strong quarterly results, with EPS of $5.11 versus estimates of $2.64 and revenue of $109.9 billion, while also raising its quarterly dividend from $0.21 to $0.22 per share.
• Analysts remain broadly bullish on GOOGL, with a Moderate Buy consensus and an average price target of $407.86, even as insiders sold shares and the stock has attracted attention for aggressive AI investment and new product rollouts.

China Universal Asset Management Co. Ltd. increased its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 14.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 173,954 shares of the information services provider's stock after buying an additional 21,904 shares during the period. Alphabet comprises approximately 4.2% of China Universal Asset Management Co. Ltd.'s holdings, making the stock its 4th largest position. China Universal Asset Management Co. Ltd.'s holdings in Alphabet were worth $54,448,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of GOOGL. Brighton Jones LLC boosted its holdings in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock valued at $20,886,000 after purchasing an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock valued at $2,826,000 after purchasing an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY boosted its holdings in shares of Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after purchasing an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after purchasing an additional 48,805 shares during the last quarter. Finally, United Bank boosted its holdings in shares of Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider's stock valued at $8,495,000 after purchasing an additional 3,120 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on GOOGL. China Renaissance increased their price objective on shares of Alphabet from $400.00 to $485.00 and gave the company a "buy" rating in a report on Monday, May 4th. Pivotal Research increased their price objective on shares of Alphabet from $400.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, February 5th. Roth Mkm reissued a "buy" rating on shares of Alphabet in a report on Thursday, April 30th. Needham & Company LLC increased their price objective on shares of Alphabet from $400.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Finally, Arete Research increased their price objective on shares of Alphabet from $380.00 to $405.00 and gave the company a "buy" rating in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $407.86.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is rolling out Gemini-powered Android features that let AI understand screen context and complete multi-step tasks, strengthening its AI platform and expanding practical use cases across its ecosystem.
• Positive Sentiment: Google is bringing “agentic” AI, Gemini in Chrome, and new AI-native “Googlebooks” laptops to market, signaling a broader product cycle that could support future revenue growth and keep Alphabet competitive with Apple and other tech giants.
• Positive Sentiment: Alphabet’s partnership with Affirm and Klarna to embed pay-over-time options into Gemini and Google Search could boost commerce activity, improve conversion rates, and make Google Pay more valuable to consumers and merchants.
• Positive Sentiment: Google-backed Isomorphic Labs raised $2.1 billion to scale AI-driven drug discovery, underscoring investor enthusiasm for Alphabet’s broader AI ecosystem and the value of its venture investments.
• Positive Sentiment: Reports that Alphabet is exploring first-ever yen bond financing to fund AI infrastructure suggest the company is willing to invest aggressively in compute capacity, which investors may view as necessary to defend and extend its AI lead.
• Neutral Sentiment: Commentary around Alphabet nearing Nvidia in market value and being at the center of the AI boom highlights strong momentum, but these are more market narratives than immediate fundamental catalysts.
• Negative Sentiment: Alphabet’s heavier AI spending and new debt issuance may pressure near-term margins and raise concerns that the company is trading balance-sheet strength for a more capital-intensive growth strategy.
• Negative Sentiment: Waymo’s robotaxi recall over a self-driving software issue is a reminder that Alphabet’s broader “Other Bets” businesses still carry operational and regulatory execution risks.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the transaction, the chief executive officer owned 1,674,560 shares of the company's stock, valued at approximately $508,028,012.80. This trade represents a 1.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider directly owned 13,227 shares of the company's stock, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 158,553 shares of company stock worth $47,951,856 in the last 90 days. 11.61% of the stock is currently owned by insiders.

Alphabet Stock Down 0.3%

Shares of NASDAQ:GOOGL opened at $387.35 on Wednesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $156.16 and a 12 month high of $402.00. The company has a 50-day moving average price of $323.56 and a 200 day moving average price of $314.66. The company has a market cap of $4.69 trillion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.59 and a beta of 1.26.

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

Alphabet Increases Dividend

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

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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