Alphabet Inc. $GOOG is Fjarde AP Fonden Fourth Swedish National Pension Fund’s 7th Largest Position

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 60.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,429,652 shares of the information services provider’s stock after buying an additional 541,067 shares during the period. Alphabet makes up approximately 2.2% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s portfolio, making the stock its 7th largest position. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Alphabet were worth $410,110,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GOOG. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet in the fourth quarter valued at $38,000. Lifetime Wealth Management P.C. purchased a new position in shares of Alphabet during the 4th quarter worth $38,000. Imprint Wealth LLC acquired a new stake in shares of Alphabet during the 3rd quarter worth about $31,000. Bard Associates Inc. acquired a new stake in shares of Alphabet during the 4th quarter worth about $41,000. Finally, Towne Trust Company N.A raised its holdings in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after buying an additional 34 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Pivotal Research reiterated a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $425.00 price objective on shares of Alphabet in a research report on Thursday, April 30th. Phillip Securities downgraded shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Finally, Needham & Company LLC set a $400.00 price objective on Alphabet and gave the company a “buy” rating in a research note on Friday, March 13th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Alphabet presently has a consensus rating of “Buy” and an average target price of $376.19.

Alphabet Price Performance

Alphabet stock opened at $364.90 on Tuesday. 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 Inc. has a 52-week low of $173.88 and a 52-week high of $404.47. The firm has a market cap of $4.42 trillion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23. The company’s 50 day moving average is $368.31 and its two-hundred day moving average is $333.49.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 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 during the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter in the previous year, the firm posted $2.81 earnings per share. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. On average, research analysts expect that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Monday, June 8th. Alphabet’s payout ratio is presently 6.71%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is drawing renewed bullish attention after multiple articles highlighted its strong AI positioning, including new AI model launches and commentary that the stock remains attractive as a long-term AI winner. Google Just Launched 2 New AI Models. What That Means for GOOGL Stock.
• Positive Sentiment: Investor optimism is also being reinforced by Alphabet’s cloud momentum, with coverage noting that Google Cloud revenue growth and a very large backlog continue to support the company’s AI and enterprise growth story. Alphabet Stock Has Doubled in a Year. Is It Too Late to Buy?
• Positive Sentiment: Alphabet also got a boost from media and pundit commentary, including CNBC “Final Trades” mention and other bullish pieces that framed GOOG as a favored AI holding. Netflix, Alphabet, Nike And A Consumer Defensive Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Reports that Google is expanding AI training to include more user-uploaded media could help its models, but they also raise privacy questions that may keep investors cautious. If you use Google, you’re training its AI. Here’s how to opt out.
• Neutral Sentiment: Coverage about employee departures and a softer “dream job” reputation points to some internal AI talent pressure, but it is not yet a clear earnings threat. Google’s status as the dream tech job is changing. FOMO over AI salaries is only one reason why.
• Negative Sentiment: Waymo’s robotaxi hiccups during San Francisco July 4 traffic are a reminder that Alphabet’s “Other Bets” unit still faces execution risk, though the impact on the core business appears limited. Waymo says some of its robotaxis ran out of power during San Francisco’s July 4 gridlock and had to be towed

Insider Activity at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the sale, the insider directly owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the sale, the chief accounting officer owned 27,348 shares in the company, valued at $9,345,358.56. The trade was a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 160,465 shares of company stock worth $8,020,511 over the last ninety days. 12.99% of the stock is currently owned by insiders.

Alphabet Profile

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.