Alphabet Inc. $GOOG Stake Raised by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,595,622 shares of the information services provider’s stock after purchasing an additional 508,718 shares during the quarter. Alphabet accounts for approximately 3.4% of Janus Henderson Group PLC’s holdings, making the stock its 4th biggest position. Janus Henderson Group PLC’s holdings in Alphabet were worth $7,693,281,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of GOOG. J. Stern & Co. LLP increased its position in shares of Alphabet by 28,482.8% during the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock valued at $35,174,429,000 after acquiring an additional 111,699,704 shares in the last quarter. Norges Bank bought a new position in Alphabet in the 4th quarter valued at approximately $18,093,665,000. Cardano Risk Management B.V. boosted its stake in Alphabet by 850.3% during the 4th quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock valued at $5,551,938,000 after purchasing an additional 15,830,754 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Alphabet by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after purchasing an additional 8,128,234 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Alphabet by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after buying an additional 7,904,434 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the transaction, the insider directly owned 51,808 shares in the company, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 159,466 shares of company stock valued at $6,957,543. 12.99% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Negative Sentiment: Britain’s competition watchdog set new requirements for Google Search, demanding greater transparency in ranking results and fairer treatment for businesses, adding to global regulatory scrutiny that could pressure Alphabet’s core search business. UK regulator sets out conduct requirements for Google’s search services
• Negative Sentiment: Analyst commentary remains cautious, with concerns about Alphabet’s high AI spending, heavy capital expenditures, competition, and valuation limiting enthusiasm despite strong growth prospects. AI Spending Is Strengthening the Alphabet (GOOGL) Bull Case
• Neutral Sentiment: Alphabet showcased more AI momentum at the G7, where Google DeepMind’s Demis Hassabis backed a U.S.-led AI coalition, reinforcing the company’s influence in frontier AI policy and investment discussions. CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
• Neutral Sentiment: Google also launched Android 17 and a new Gemini-focused smart speaker, highlighting ongoing product innovation that could support long-term ecosystem growth but is not an immediate earnings catalyst. Google bets on Gemini to reinvent the smart home speaker
• Positive Sentiment: HSBC expanded its partnership with Google Cloud to grow AI usage, a sign that Alphabet’s cloud and enterprise AI business continues to gain traction with major customers. HSBC partners with Google Cloud to expand AI usage
• Positive Sentiment: Alphabet is also expanding its physical and digital footprint, including a $1.5 billion Alabama data center investment and new Google-supported initiatives, which support the company’s AI infrastructure buildout. Alphabet (GOOGL) to Spend $1.5 Billion Expanding Alabama Data Center

Alphabet Price Performance

NASDAQ GOOG opened at $362.10 on Thursday. The business’s fifty day moving average is $361.98 and its 200 day moving average is $330.47. Alphabet Inc. has a fifty-two week low of $163.33 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market capitalization of $4.39 trillion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 1.59 and a beta of 1.22.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. During the same quarter in the prior year, the business posted $2.81 earnings per share. The business’s quarterly revenue was up 21.8% on a year-over-year basis. Sell-side analysts predict that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. KeyCorp reissued an “overweight” rating on shares of Alphabet in a research report on Wednesday, May 20th. Scotiabank reiterated an “outperform” rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Truist Financial set a $430.00 price objective on shares of Alphabet in a report on Monday, June 1st. Wells Fargo & Company restated an “overweight” rating and issued a $435.00 target price on shares of Alphabet in a report on Tuesday, June 2nd. Finally, TD Cowen boosted their target price on shares of Alphabet from $450.00 to $475.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $376.78.

Alphabet Company Profile

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.