ABN AMRO Bank N.V. Has $176.84 Million Stock Position in Alphabet Inc. $GOOGL

ABN AMRO Bank N.V. lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 566,845 shares of the information services provider’s stock after buying an additional 21,876 shares during the period. Alphabet makes up 1.7% of ABN AMRO Bank N.V.’s investment portfolio, making the stock its 22nd biggest position. ABN AMRO Bank N.V.’s holdings in Alphabet were worth $176,842,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GOOGL. Aubrey Capital Management Ltd bought a new position in shares of Alphabet in the 4th quarter valued at $3,537,000. Pure Financial Advisors LLC grew its stake in shares of Alphabet by 0.5% in the fourth quarter. Pure Financial Advisors LLC now owns 59,897 shares of the information services provider’s stock worth $18,748,000 after purchasing an additional 278 shares during the last quarter. Osprey Private Wealth LLC grew its stake in shares of Alphabet by 17.2% in the fourth quarter. Osprey Private Wealth LLC now owns 16,471 shares of the information services provider’s stock worth $5,155,000 after purchasing an additional 2,416 shares during the last quarter. Dynamic Wealth Strategies LLC grew its stake in shares of Alphabet by 18.3% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 4,491 shares of the information services provider’s stock worth $1,406,000 after purchasing an additional 695 shares during the last quarter. Finally, Income Insurance Ltd bought a new stake in shares of Alphabet in the fourth quarter worth $5,528,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of GOOGL opened at $380.34 on Friday. Alphabet Inc. has a 12-month low of $162.00 and a 12-month high of $408.61. The business’s fifty day moving average is $345.77 and its 200 day moving average is $324.91. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.61 trillion, a P/E ratio of 29.01, a P/E/G ratio of 1.67 and a beta of 1.26.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Sell-side analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is 6.71%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here’s One Thing To Know.

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s 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 completion of the transaction, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 226,481 shares of company stock worth $27,422,061 in the last 90 days. Company insiders own 11.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on GOOGL shares. BNP Paribas Exane boosted their price objective on shares of Alphabet from $390.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Piper Sandler reiterated an “overweight” rating and issued a $425.00 target price (up from $395.00) on shares of Alphabet in a report on Thursday, April 30th. Rosenblatt Securities reiterated a “neutral” rating and issued a $393.00 target price on shares of Alphabet in a report on Thursday, May 21st. China Renaissance upped their target price on Alphabet from $400.00 to $485.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, Evercore upped their target price on Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $412.94.

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.