Swiss Life Asset Management Ltd Has $500.49 Million Stake in Alphabet Inc. $GOOG

Swiss Life Asset Management Ltd decreased its stake in Alphabet Inc. (NASDAQ:GOOG) by 0.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,594,918 shares of the information services provider’s stock after selling 2,246 shares during the period. Alphabet accounts for about 2.6% of Swiss Life Asset Management Ltd’s holdings, making the stock its 6th biggest holding. Swiss Life Asset Management Ltd’s holdings in Alphabet were worth $500,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Ring Mountain Capital LLC increased its stake in shares of Alphabet by 0.9% in the fourth quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock valued at $1,174,000 after buying an additional 30 shares during the period. Cannon Financial Strategists Inc. increased its stake in shares of Alphabet by 1.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after buying an additional 30 shares during the period. HRC Wealth Management LLC increased its stake in shares of Alphabet by 1.0% in the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after buying an additional 31 shares during the period. Avaii Wealth Management LLC increased its stake in shares of Alphabet by 2.3% in the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock valued at $451,000 after buying an additional 32 shares during the period. Finally, Northern Capital Management Inc. increased its stake in shares of Alphabet by 0.8% in the fourth quarter. Northern Capital Management Inc. now owns 4,023 shares of the information services provider’s stock valued at $1,262,000 after buying an additional 32 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on GOOG shares. Pivotal Research reissued a “buy” rating and issued a $470.00 price target (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. KeyCorp set a $370.00 price target on Alphabet in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their price target on Alphabet from $395.00 to $460.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday, February 16th. Finally, Oppenheimer increased their price target on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $363.40.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased a major AI push across Search, Gemini, Chrome, Android, YouTube, and Workspace, reinforcing Alphabet’s leadership in AI monetization.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture using Google’s TPU chips, which could expand Alphabet’s AI infrastructure business and strengthen its competitive moat.
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet stake again, signaling continued confidence from a major long-term investor.
• Neutral Sentiment: Wall Street commentary remains split between enthusiasm over Alphabet’s AI progress and caution after the stock’s sharp rally and elevated valuation.
• Negative Sentiment: A major shareholder disclosed additional Alphabet share sales, which may be adding modest short-term pressure as investors take profits after the recent move higher.

Alphabet Stock Down 2.1%

Shares of NASDAQ GOOG opened at $384.90 on Wednesday. The firm has a market cap of $4.66 trillion, a PE ratio of 29.36, a P/E/G ratio of 1.68 and a beta of 1.25. Alphabet Inc. has a 12-month low of $163.33 and a 12-month high of $404.47. The company’s fifty day simple moving average is $331.01 and its 200 day simple moving average is $318.96. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Alphabet’s revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.81 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 6.41%.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of the stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This trade represents a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 226,481 shares of company stock worth $27,422,061. 12.99% of the stock is currently owned by insiders.

About Alphabet

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.