Tokio Marine Asset Management Co. Ltd. reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 4.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 274,322 shares of the information services provider's stock after selling 13,030 shares during the period. Alphabet comprises 3.0% of Tokio Marine Asset Management Co. Ltd.'s investment portfolio, making the stock its 6th biggest position. Tokio Marine Asset Management Co. Ltd.'s holdings in Alphabet were worth $86,082,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the period. Alliancebernstein L.P. grew its position in shares of Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock valued at $9,749,864,000 after acquiring an additional 2,209,203 shares during the period. Legal & General Group Plc grew its position in shares of Alphabet by 0.7% during the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock valued at $7,935,671,000 after acquiring an additional 223,743 shares during the period. Capital World Investors grew its position in shares of Alphabet by 1.9% during the 3rd quarter. Capital World Investors now owns 28,625,464 shares of the information services provider's stock valued at $6,971,769,000 after acquiring an additional 539,679 shares during the period. Finally, Invesco Ltd. grew its position in shares of Alphabet by 3.6% during the 3rd quarter. Invesco Ltd. now owns 21,531,348 shares of the information services provider's stock valued at $5,243,960,000 after acquiring an additional 756,602 shares during the period. 27.26% of the stock is owned by institutional investors.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: U.S. Department of Defense added Google’s Gemini for Government models to its secure GenAI.mil platform, a commercial validation that can boost cloud and AI contract momentum for Google Cloud. Benzinga: What's Behind The Boost In Alphabet Stock Today?
- Positive Sentiment: Reports of a large strategic investment/commitment tied to Anthropic (reported as up to $40B) and ongoing cloud commitments have fueled optimism that Alphabet is doubling down on generative-AI partnerships and cloud demand. Blockonomi: Alphabet Surges on $40B Anthropic Investment
- Positive Sentiment: CFRA and other commentators name Alphabet among the best positioned in the “Mag 7” earnings slate because of AI/search strength and cloud tailwinds—supporting a bullish near-term view into earnings. YouTube: Angelo Zino Preview
- Neutral Sentiment: Analysts and previews expect robust Q1 top-line growth (consensus ~ $107B) with AI and Cloud driving upside, but note the report is a potential catalyst that could swing the stock either way. Seeking Alpha: All-Time Highs May Be Ahead
- Neutral Sentiment: New regional investments—Google and South Korea agreed to build an AI campus in Seoul—strengthen international AI R&D ties and talent pipelines but are longer‑term positives. Reuters: Google to build AI campus in South Korea
- Negative Sentiment: EU regulators are pressing Google to open Android and certain services to AI rivals—followed by guidance on access to Gemini-like services—which raises regulatory compliance costs and potential product changes. TechXplore: EU tells Google to open Android to AI rivals
- Negative Sentiment: Analysts and some research warn that rising depreciation and AI-related investments could pressure Q1 EPS and margins in the near term, creating downside risk if earnings miss expectations. Seeking Alpha: Depreciation Pressuring EPS
- Negative Sentiment: Large insider selling and a notable institutional reduction (PROVIDENT TRUST CO reduced GOOG/GOOGL positions) are red flags for some investors and add selling pressure ahead of earnings. Quiver Quant: Insider & Fund Activity
Alphabet Stock Up 1.8%
GOOG opened at $348.52 on Tuesday. The company has a 50 day moving average of $309.11 and a 200 day moving average of $306.19. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12 month low of $149.49 and a 12 month high of $350.90. The company has a market cap of $4.22 trillion, a PE ratio of 32.24, a price-to-earnings-growth ratio of 2.12 and a beta of 1.13.
Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same period last year, the firm earned $2.15 EPS. The business's quarterly revenue was up 18.0% compared to the same quarter last year. On average, sell-side analysts expect that Alphabet Inc. will post 11.53 EPS for the current year.
Insider Transactions at Alphabet
In other Alphabet news, insider John Kent Walker sold 47,574 shares of the firm's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value 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 $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,818,524 shares of the company's stock, valued at approximately $856,605,814.08. The trade was a 1.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,037,294 shares of company stock worth $94,216,897. 12.99% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several research firms recently commented on GOOG. BMO Capital Markets reaffirmed an "outperform" rating and issued a $400.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group raised their price objective on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a report on Wednesday, January 7th. KeyCorp set a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $370.00 price objective on shares of Alphabet in a report on Tuesday, January 20th. Finally, DZ Bank raised shares of Alphabet to a "strong-buy" rating in a report on Monday, February 16th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Alphabet has an average rating of "Buy" and a consensus target price of $351.73.
Get Our Latest Report on Alphabet
About Alphabet
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Free Report)
Alphabet Inc NASDAQ: GOOG is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as "Other Bets." Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company's history.
Alphabet's core business centers on internet search and advertising, with Google Search and the company's ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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