Pekao Towarzystwo Funduszy Inwestycyjnych S.A. Buys New Shares in Alphabet Inc. $GOOGL

Key Points

• Pekao Towarzystwo Funduszy Inwestycyjnych S.A. bought 12,497 shares of Alphabet in Q4 (≈$3.912M), making GOOGL 3.2% of its portfolio and its 10th largest holding.
• Alphabet topped expectations in Q1 — EPS $5.11 vs $2.64 and revenue $109.9B, with Google Cloud up ~63% to >$20B, spurring analyst upgrades and a MarketBeat consensus of "Moderate Buy" (target ~$397.48), and the company raised its quarterly dividend to $0.22.

Pekao Towarzystwo Funduszy Inwestycyjnych S.A. bought a new stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 12,497 shares of the information services provider's stock, valued at approximately $3,912,000. Alphabet accounts for 3.2% of Pekao Towarzystwo Funduszy Inwestycyjnych S.A.'s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOGL. Berkshire Hathaway Inc purchased a new position in Alphabet in the third quarter valued at $4,338,397,000. Capital World Investors boosted its holdings in Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the period. Capital Research Global Investors boosted its holdings in Alphabet by 15.7% in the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after purchasing an additional 6,874,381 shares during the period. Mizuho Markets Cayman LP boosted its holdings in Alphabet by 23,402.1% in the third quarter. Mizuho Markets Cayman LP now owns 6,118,547 shares of the information services provider's stock valued at $1,487,419,000 after purchasing an additional 6,092,513 shares during the period. Finally, Coatue Management LLC boosted its holdings in Alphabet by 259.1% in the third quarter. Coatue Management LLC now owns 7,221,115 shares of the information services provider's stock valued at $1,755,453,000 after purchasing an additional 5,210,434 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 102 shares of the company's stock in a transaction that occurred 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 sale, the director owned 18,621 shares of the company's stock, valued at approximately $6,908,391. This represents a 0.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director directly owned 3,581 shares in the company, valued at approximately $1,187,638.65. The trade was a 22.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 191,053 shares of company stock worth $58,845,206 in the last quarter. Insiders own 11.61% of the company's stock.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $385.69 on Monday. Alphabet Inc. has a 12 month low of $147.84 and a 12 month high of $386.76. 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's 50 day simple moving average is $313.72 and its 200-day simple moving average is $308.70. The firm 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.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) 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 firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. As a group, equities analysts forecast that Alphabet Inc. will post 12.94 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a 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 dividend payout ratio is currently 6.41%.

More 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

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of analyst reports. DZ Bank restated a "buy" rating on shares of Alphabet in a research note on Monday, February 16th. Wedbush raised their price target on Alphabet from $360.00 to $370.00 and gave the company an "outperform" rating in a research note on Thursday, February 5th. Mizuho raised their price target on Alphabet from $410.00 to $420.00 and gave the company an "outperform" rating in a research note on Friday, April 10th. DA Davidson raised their price target on Alphabet from $300.00 to $310.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Finally, Oppenheimer raised their price target on Alphabet from $360.00 to $425.00 and gave the company an "outperform" rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Alphabet has a consensus rating of "Moderate Buy" and a consensus target price of $397.48.

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.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

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.