Alphabet Inc. $GOOG Stock Holdings Lifted by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS boosted its stake in Alphabet Inc. (NASDAQ:GOOG) by 4.9% during the third quarter, Holdings Channel.com reports. The fund owned 1,882,220 shares of the information services provider’s stock after purchasing an additional 87,600 shares during the quarter. Alphabet comprises 1.8% of KLP Kapitalforvaltning AS’s investment portfolio, making the stock its 9th biggest position. KLP Kapitalforvaltning AS’s holdings in Alphabet were worth $458,415,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC increased its stake in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after purchasing an additional 135,064,454 shares in the last quarter. Norges Bank purchased a new position in Alphabet in the 2nd quarter valued at about $4,298,572,000. Vanguard Group Inc. boosted its holdings in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after buying an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Alphabet by 73.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock worth $2,388,775,000 after buying an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after buying an additional 4,099,366 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on GOOG. Truist Financial set a $350.00 target price on Alphabet in a research report on Friday, December 5th. Piper Sandler increased their price objective on Alphabet from $285.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. BNP Paribas initiated coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating on the stock. Finally, Hsbc Global Res upgraded shares of Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $318.18.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares in the company, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares in the company, valued at $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 227,365 shares of company stock worth $67,350,070. 12.99% of the stock is currently owned by company insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple chooses Google’s Gemini to power the next generation of Siri and Apple Foundation Models — a multi‑year licensing/cloud deal that validates Gemini at scale and gives Alphabet a high‑margin, recurring revenue channel and access to Apple’s huge device base. Google and Apple enter into multi-year AI deal for Gemini models
• Positive Sentiment: AI optimism pushed Alphabet into the ~$4 trillion market‑cap club — headlines and analyst commentary frame Google as a potential long‑term AI winner (Gemini, Cloud, TPUs), which fuels momentum buying and multiple expansion. Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
• Positive Sentiment: Jefferies and other sell‑side notes highlight Alphabet’s data moat and Cloud/AI growth as durable upside drivers — supportive research helps underpin longer‑term buy interest despite a rich near‑term multiple. Jefferies Sees Alphabet’s (GOOGL) Data Moat and Cloud Growth Driving Long-Term Upside
• Neutral Sentiment: Some analysts are tempering enthusiasm by lowering conviction or trimming ratings (e.g., downgrades from “Strong Buy” to “Buy”) citing stretched forward multiples — this signals limited near‑term upside even as fundamentals stay strong. Alphabet: Reviewing My 2025 Top Pick, Downgrade To Buy On Less Attractive Setup
• Negative Sentiment: Institutional portfolio moves show some trimming of GOOGL positions in recent 13F updates (e.g., Davenport & Co and E. Ohman filings flagged reductions), which could modestly weigh supply/demand dynamics if continued. Fund Update: DAVENPORT & Co LLC Just Disclosed New Holdings
• Negative Sentiment: Notable insider selling activity (including CEO sales disclosed in filings) is being tracked by markets and can add short‑term selling pressure or concern about timing of stock sales. Alphabet (GOOGL) Delivered Solid Performance in the Quarter
• Negative Sentiment: High‑profile criticism (Elon Musk calling the deal an “unreasonable concentration of power”) creates headline risk and could attract regulatory scrutiny or political attention over big‑tech partnerships — a reputational/regulatory risk to monitor. Elon Musk Slams Google, Apple Deal: ‘Unreasonable Concentration Of Power’

Alphabet Stock Up 1.1%

Shares of NASDAQ:GOOG opened at $332.73 on Tuesday. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $334.44. The stock has a market cap of $4.02 trillion, a P/E ratio of 32.81, a PEG ratio of 1.82 and a beta of 1.09. The business has a fifty day moving average of $307.88 and a two-hundred day moving average of $251.71. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. During the same quarter in the previous year, the firm earned $2.12 EPS. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. On average, research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s payout ratio is presently 8.28%.

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.