Nomura Asset Management Co. Ltd. Grows Position in Alphabet Inc. $GOOG

Nomura Asset Management Co. Ltd. grew its position in Alphabet Inc. (NASDAQ:GOOG) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,705,912 shares of the information services provider’s stock after purchasing an additional 103,795 shares during the quarter. Alphabet makes up approximately 2.1% of Nomura Asset Management Co. Ltd.’s portfolio, making the stock its 7th largest holding. Nomura Asset Management Co. Ltd.’s holdings in Alphabet were worth $849,115,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Kathmere Capital Management LLC boosted its stake in Alphabet by 8.5% during the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after buying an additional 2,341 shares in the last quarter. Atlantic Union Bankshares Corp boosted its stake in Alphabet by 31.3% during the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in Alphabet by 0.9% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after buying an additional 2,009 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its stake in Alphabet by 7.5% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock worth $19,060,000 after buying an additional 4,239 shares in the last quarter. Finally, Steginsky Capital LLC boosted its stake in Alphabet by 1.0% during the third quarter. Steginsky Capital LLC now owns 680,588 shares of the information services provider’s stock worth $165,757,000 after buying an additional 6,523 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Activity

In other Alphabet news, CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00. Following the sale, the director directly owned 18,721 shares in the company, valued at approximately $7,132,701. This represents a 0.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 193,016 shares of company stock worth $17,282,549. 12.99% of the stock is currently owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from strong AI demand, including reports that Google may place a large chip order with Intel and that its Gemini AI efforts could generate meaningful recurring revenue. Analysts also reiterated bullish views, citing ongoing demand for AI infrastructure and capex. Intel shares soar on reported in-house chip deal with Alphabet
• Positive Sentiment: Alphabet’s Waymo unit remains a competitive strength, with news that Waymo bought a large Arizona proving ground and broader coverage highlighting Waymo’s role in the growing robotaxi race. Waymo bought Apple’s self-driving car proving ground for $220M
• Neutral Sentiment: Alphabet also drew attention after Apple’s WWDC keynote referenced Google help for AI features, reinforcing Google’s role in major AI partnerships, though the direct stock impact is less clear. Apple partnering with Google and Nvidia for most advanced AI model
• Negative Sentiment: The main drag on the stock is concern that Alphabet is aggressively raising capital and ramping spending on AI infrastructure, which could pressure near-term margins and free cash flow. Market commentary also pointed to valuation worries after the company’s recent financing plans. What’s Going On With Alphabet Stock?
• Negative Sentiment: Zacks notes GOOG has been sliding even as the broader market rose, suggesting investors are rotating away from Alphabet amid ongoing uncertainty about AI spending intensity and execution. Alphabet Inc. (GOOG) Stock Drops Despite Market Gains: Important Facts to Note

Alphabet Stock Down 1.3%

Shares of NASDAQ GOOG opened at $361.17 on Tuesday. The stock has a market cap of $4.38 trillion, a PE ratio of 27.55, a PEG ratio of 1.57 and a beta of 1.23. The business has a fifty day moving average of $351.67 and a two-hundred day moving average of $327.90. Alphabet Inc. has a 52-week low of $163.33 and a 52-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.

Alphabet (NASDAQ:GOOG) last issued its quarterly 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. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter in the prior year, the company earned $2.81 EPS. The firm’s quarterly revenue was up 21.8% on a year-over-year basis. As a group, equities research analysts expect 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. Shareholders of record on Monday, June 8th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.41%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GOOG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Truist Financial set a $430.00 price target on shares of Alphabet in a research note on Monday, June 1st. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Monday, February 16th. JPMorgan Chase & Co. lifted their price objective on Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $435.00 price objective on shares of Alphabet in a report on Tuesday, June 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average price target of $376.00.

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.