Xponance LLC Has $412.09 Million Stock Position in Alphabet Inc. $GOOGL

Xponance LLC grew its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,316,583 shares of the information services provider’s stock after acquiring an additional 45,097 shares during the period. Alphabet makes up 3.1% of Xponance LLC’s investment portfolio, making the stock its 5th largest position. Xponance LLC’s holdings in Alphabet were worth $412,090,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GOOGL. Norges Bank bought a new stake in shares of Alphabet in the 4th quarter valued at about $30,534,239,000. Berkshire Hathaway Inc bought a new stake in shares of Alphabet in the 3rd quarter valued at about $4,338,397,000. Vanguard Group Inc. increased its stake in shares of Alphabet by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after acquiring an additional 12,531,695 shares during the last quarter. Capital World Investors increased its stake in shares of Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock valued at $12,910,542,000 after acquiring an additional 11,605,785 shares during the last quarter. Finally, Capital Research Global Investors increased its stake in shares of Alphabet by 15.7% in the 3rd quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider’s stock valued at $12,333,076,000 after acquiring an additional 6,874,381 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on GOOGL shares. Barclays reaffirmed a “buy” rating on shares of Alphabet in a research note on Friday, May 29th. Morgan Stanley increased their target price on Alphabet from $330.00 to $375.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Rothschild & Co Redburn increased their target price on Alphabet from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. DZ Bank reissued a “buy” rating on shares of Alphabet in a research note on Monday, February 16th. Finally, Arete Research increased their target price on Alphabet from $405.00 to $425.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $413.13.

Alphabet Trading Up 0.4%

NASDAQ:GOOGL opened at $357.77 on Friday. Alphabet Inc. has a twelve month low of $162.00 and a twelve month high of $408.61. 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 business has a 50 day moving average price of $359.21 and a two-hundred day moving average price of $330.05. The company has a market cap of $4.33 trillion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. As a group, analysts expect that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.71%.

Insider Buying and Selling

In other news, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the sale, the director directly owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. The trade was a 29.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 193,016 shares of company stock worth $17,282,549 in the last quarter. 11.61% of the stock is owned by company insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Waymo unit launched a new $29.99 monthly membership tier with perks like priority pickups and cash back, highlighting growing recurring revenue potential as robotaxi usage scales. Article: Waymo launches premier subscription tier for $29.99 a month, starting in select cities
• Positive Sentiment: Wing, Alphabet’s drone-delivery business, expanded its Walmart partnership into seven more U.S. cities, signaling that its “Other Bets” segment is moving closer to real commercial scale. Article: Alphabet’s Most Overlooked Division Just Had a Big Week
• Positive Sentiment: Reuters reported that Google is in talks with Samsung to manufacture part of its next-generation TPU chip, which could strengthen Alphabet’s AI infrastructure and reduce dependence on outside chip partners. Article: Google in talks with Samsung to make next-generation chips
• Positive Sentiment: Analysts at Erste Group raised their earnings estimates for Alphabet, reinforcing the view that AI-driven cloud growth and core advertising strength can support higher profits. Article: Alphabet FY2026/FY2027 earnings estimate raises
• Neutral Sentiment: Alphabet will have AI executives from Google and other major firms attending the upcoming G7 summit, keeping the company in the center of global AI policy discussions. Article: Tech executives to attend G7 summit as leaders address AI, online safety
• Neutral Sentiment: Google debuted new Gemini features for small businesses, an incremental product update that should help adoption but is not a major near-term catalyst on its own. Article: Google Debuts Gemini Features Geared to Small Businesses
• Negative Sentiment: Google filed a lawsuit to stop a Chinese cybercrime group from allegedly abusing Gemini to create fake corporate and government websites, underscoring ongoing AI misuse and cybersecurity risks. Article: Google Sues to Stop Chinese Cybercrime Group from Using Its A.I.
• Negative Sentiment: Alphabet and Google continue to face reputational and legal pressure from the youth social media addiction case after a California judge denied a new trial. Article: Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case

About Alphabet

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.