Temasek Holdings Private Ltd Has $1.35 Billion Stake in Alphabet Inc. $GOOGL

Key Points

• Temasek Holdings reduced its Alphabet stake by 2.8% in the first quarter, selling 137,184 shares. It still owned 4.7 million shares valued at approximately $1.35 billion, representing 4.4% of its portfolio.
• Alphabet reported a strong quarter, with earnings per share of $9.11 and revenue of $119.8 billion, both exceeding analyst expectations. Analysts maintain a consensus “Buy” rating with an average price target of $419.86.
• Alphabet’s AI expansion presents growth opportunities through Google Cloud, custom chips and Gemini, but rising AI infrastructure spending, potential cash-flow pressure, governance concerns and recent insider selling remain risks.

Temasek Holdings Private Ltd lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,702,736 shares of the information services provider's stock after selling 137,184 shares during the period. Alphabet comprises 4.4% of Temasek Holdings Private Ltd's investment portfolio, making the stock its 5th biggest holding. Temasek Holdings Private Ltd's holdings in Alphabet were worth $1,354,893,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Danica Pension Livsforsikringsaktieselskab lifted its position in Alphabet by 30.8% in the 1st quarter. Danica Pension Livsforsikringsaktieselskab now owns 235,933 shares of the information services provider's stock valued at $67,845,000 after acquiring an additional 55,601 shares in the last quarter. Oslo Pensjonsforsikring AS bought a new stake in Alphabet during the 1st quarter worth approximately $56,886,000. Andra AP fonden increased its holdings in Alphabet by 93.4% during the 1st quarter. Andra AP fonden now owns 855,135 shares of the information services provider's stock worth $245,903,000 after purchasing an additional 413,061 shares in the last quarter. Summit Asset Management LLC raised its stake in shares of Alphabet by 33.4% in the first quarter. Summit Asset Management LLC now owns 4,430 shares of the information services provider's stock worth $1,274,000 after purchasing an additional 1,108 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its stake in shares of Alphabet by 190.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,833 shares of the information services provider's stock worth $815,000 after purchasing an additional 1,857 shares during the last quarter. Institutional investors own 40.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GOOGL shares. New Street Research raised their target price on Alphabet from $450.00 to $455.00 and gave the company a "buy" rating in a report on Friday, June 5th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Royal Bank Of Canada reissued an "outperform" rating and issued a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. HSBC restated a "buy" rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a report on Monday, June 22nd. Six analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alphabet presently has an average rating of "Buy" and an average price target of $419.86.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $356.13 on Friday. The company has a market capitalization of $4.36 trillion, a PE ratio of 17.89, a PEG ratio of 0.94 and a beta of 1.24. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock's 50 day moving average price is $357.79 and its 200-day moving average price is $339.30. Alphabet Inc. has a twelve month low of $187.82 and a twelve month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th 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 is Friday, September 4th. Alphabet's dividend payout ratio is 4.42%.

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director directly owned 1,481 shares in the company, valued at $545,941.03. The trade was a 41.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the business's stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 600,547 shares of company stock worth $16,255,540 in the last quarter. 11.61% of the stock is currently owned by company insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s custom Tensor Processing Units (TPUs) are increasingly viewed as credible alternatives to Nvidia chips. That could reduce Google’s dependence on external suppliers and create a potential external chip-revenue opportunity. Alphabet and Amazon custom AI chips
• Positive Sentiment: Recent commentary highlights Alphabet’s record quarter, strong Google Cloud growth, Gemini adoption and enterprise AI demand. Analysts and value-focused investors continue to view GOOGL as comparatively inexpensive among large technology and AI companies. Alphabet AI investment and valuation
• Positive Sentiment: Google is reportedly supporting a $15 billion Anthropic data-center project with chips and financial guarantees, while Oracle is expanding its partnership to bring Gemini models to enterprise applications. These initiatives could drive Google Cloud demand and strengthen Alphabet’s AI ecosystem. Anthropic data center backed by Google
• Neutral Sentiment: Alphabet’s reported quarterly earnings and revenue beat consensus estimates by wide margins, supporting the fundamental case, although investors remain focused on whether AI growth will translate into sufficient cash returns.
• Negative Sentiment: Alphabet withdrew its Google Earth AI image-generation feature only one day after launch following criticism that fabricated imagery could spread misinformation. The quick reversal limits immediate product risk but raises questions about AI governance and rollout discipline. Google Earth AI feature withdrawn
• Negative Sentiment: The AI buildout is becoming increasingly expensive. Alphabet is targeting up to $205 billion in 2026 capital expenditures, while rising memory and infrastructure costs are pressuring cash flow and increasing future depreciation. AI buildout costs and cash flow
• Negative Sentiment: Recent insider sales were small relative to the executives’ remaining holdings, but they provide a modest sentiment headwind. Separately, investor-law-firm investigations could create additional legal and reputational overhang. Alphabet director stock sale

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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