Danske Bank A S purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,667,556 shares of the information services provider’s stock, valued at approximately $1,134,683,000. Alphabet comprises about 2.8% of Danske Bank A S’s investment portfolio, making the stock its 6th largest position.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOOGL. Delta Asset Management LLC TN increased its stake in Alphabet by 0.6% during the 3rd quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock worth $1,496,000 after buying an additional 37 shares in the last quarter. Second Line Capital LLC lifted its position in shares of Alphabet by 0.8% in the third quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider’s stock valued at $1,074,000 after acquiring an additional 37 shares in the last quarter. Matisse Capital boosted its stake in shares of Alphabet by 0.3% in the third quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock worth $3,601,000 after acquiring an additional 38 shares during the last quarter. Rialto Wealth Management LLC boosted its stake in shares of Alphabet by 1.7% in the third quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock worth $541,000 after acquiring an additional 38 shares during the last quarter. Finally, Hodges Capital Management Inc. increased its position in shares of Alphabet by 0.5% during the third quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock worth $1,693,000 after purchasing an additional 38 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Wells Fargo and other analysts have moved upbeat on Alphabet, citing stronger AI and cloud positioning and raising price targets, supporting investor optimism about future revenue and compute advantage. Alphabet (GOOGL) Sees Optimistic Coverage From Analysts
- Positive Sentiment: Alphabet paid its first 2026 dividend of $0.21 per share on March 16, a concrete cash return that can support demand from income-oriented investors. Google stock just paid dividends; here’s how much investors received
- Positive Sentiment: Research houses continue to reiterate buy/overweight ratings (Needham reiterated a buy), reinforcing buy-side conviction and supporting price momentum. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
- Positive Sentiment: Google procurement teams reportedly visited China to discuss buying liquid cooling gear from local suppliers — a sign of continued data‑center expansion and potential cost/efficiency gains for its cloud and AI compute footprint. Google in talks with China’s Envicool, others to buy data centre cooling systems, sources say
- Neutral Sentiment: Multiple market write-ups (Zacks, Yahoo, Motley Fool summaries) note Alphabet as a trending/overperforming stock due to AI and cloud tailwinds, keeping the name in retail and institutional screens but not providing new catalysts. Alphabet Inc. (GOOG) Outperforms Broader Market: What You Need to Know
- Negative Sentiment: European publishers and tech firms are pressing the EU to accelerate a probe and impose a fine over alleged search favoritism, creating regulatory uncertainty that could pressure margins or fines down the road. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search
- Negative Sentiment: Some analysts flag valuation and near‑term margin pressure as capex for AI compute ramps and higher operating costs could limit upside despite growth, a narrative that may cap multiple expansion. Is Alphabet Stock’s 25.55X PE Still Worth it? Buy, Sell, or Hold?
Alphabet Stock Up 1.8%
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.
Wall Street Analysts Forecast Growth
Several research firms recently commented on GOOGL. Loop Capital increased their price objective on Alphabet from $320.00 to $355.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Bank of America lifted their target price on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a “neutral” rating in a report on Thursday, February 5th. New Street Research increased their target price on shares of Alphabet from $330.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Wall Street Zen lowered shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and an average target price of $367.18.
Read Our Latest Research Report on GOOGL
Insider Activity
In other Alphabet news, CAO Amie Thuener O’toole sold 955 shares of Alphabet stock in a transaction dated Tuesday, March 3rd. The shares were 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 of the company’s stock, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,076,615 shares of company stock valued at $107,809,111 over the last three months. 11.55% of the stock is currently owned by company insiders.
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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