US Bancorp DE Buys 5,484 Shares of Alphabet Inc. $GOOGL

US Bancorp DE grew its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 6,091,294 shares of the information services provider’s stock after purchasing an additional 5,484 shares during the quarter. Alphabet makes up 1.8% of US Bancorp DE’s investment portfolio, making the stock its 10th largest position. US Bancorp DE’s holdings in Alphabet were worth $1,480,799,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Catalyst Financial Partners LLC boosted its position in shares of Alphabet by 2.0% in the third quarter. Catalyst Financial Partners LLC now owns 32,339 shares of the information services provider’s stock valued at $7,862,000 after acquiring an additional 644 shares during the period. Hager Investment Management Services LLC increased its position in Alphabet by 0.7% during the third quarter. Hager Investment Management Services LLC now owns 28,218 shares of the information services provider’s stock worth $6,860,000 after acquiring an additional 204 shares during the period. Hurley Capital LLC increased its position in Alphabet by 0.4% during the third quarter. Hurley Capital LLC now owns 16,208 shares of the information services provider’s stock worth $3,940,000 after acquiring an additional 67 shares during the period. Empirical Asset Management LLC raised its stake in Alphabet by 103.4% in the 3rd quarter. Empirical Asset Management LLC now owns 14,891 shares of the information services provider’s stock worth $3,620,000 after purchasing an additional 7,571 shares in the last quarter. Finally, Jag Capital Management LLC raised its stake in Alphabet by 34.0% in the 3rd quarter. Jag Capital Management LLC now owns 160,136 shares of the information services provider’s stock worth $38,929,000 after purchasing an additional 40,653 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Canal+ signed a multi‑year deal to use Google Cloud’s generative AI across production and streaming (content recommendation and video production), a direct revenue and platform‑adoption win for Google Cloud. Canal+ taps Google’s AI for video production, content recommendation
• Positive Sentiment: Broader media interest in AI (e.g., Netflix’s AI efforts followed by Canal+) reinforces recurring‑revenue and platform opportunities for Google’s AI/ads stack. This narrative supports upside for Cloud and Ads monetization. Netflix’s AI Drive Followed by This TV Group. It Just Struck a Deal With Google.
• Positive Sentiment: An analyst upgrade is cited as pushing trading momentum higher today, lending short‑term bullish catalyst and validating near‑term expectations for Cloud/AI growth. Alphabet (NASDAQ:GOOGL) Trading 2.6% Higher on Analyst Upgrade
• Positive Sentiment: MarketBeat technical/flow analysis highlights a pullback to ~$300 as a defended support, plus continued institutional inflows and lofty analyst price targets — a constructive backdrop for investors viewing the dip as a buying opportunity. Alphabet’s Pullback May Be Opening a New Entry Point
• Neutral Sentiment: Google is expanding AI agent tooling for the Pentagon and civilian use (Agent Designer / GenAI.mil). This can drive cloud/AI spend but raises policy and reputational complexity amid legal disputes involving other AI vendors. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Neutral Sentiment: Google is part of industry efforts (with Tesla and others) on grid/utilization initiatives — long‑term strategic but unlikely to move near‑term revenue materially. Google and Tesla think we’re managing the electrical grid all wrong
• Negative Sentiment: Microsoft’s dual‑model AI strategy and deep Anthropic/OpenAI ties reinforce Azure’s competitive edge for enterprise AI workloads, representing a meaningful cloud/AI market risk for Google. Microsoft Positioned to Win AI Race With Dual-Model Strategy (GOOGL)
• Negative Sentiment: Scrutiny over Sundar Pichai’s $692M compensation package tied to unprofitable “moonshot” targets may raise governance concerns among some investors. Alphabet CEO Sundar Pichai’s new $692 million compensation package hinges on the success of two Google moonshots that aren’t making any money

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the sale, the chief executive officer directly owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,112,493 shares of company stock valued at $118,605,094 over the last three months. 11.55% of the stock is currently owned by corporate insiders.

Alphabet Stock Up 0.2%

GOOGL stock opened at $307.04 on Wednesday. The stock has a market capitalization of $3.71 trillion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. 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 $140.53 and a 12 month high of $349.00. The firm has a 50-day moving average price of $319.65 and a 200-day moving average price of $288.33.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s payout ratio is presently 7.77%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GOOGL. New Street Research increased their target price on shares of Alphabet from $330.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. President Capital boosted their price target on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. HSBC raised their price objective on Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Citigroup lifted their price objective on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Needham & Company LLC increased their target price on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $367.18.

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.