Danske Bank A S Increases Stock Holdings in Alphabet Inc. $GOOG

Posted by Stanley Muller on Aug 26th, 2026

Danske Bank A S lifted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,339,577 shares of the information services provider’s stock after buying an additional 345,784 shares during the period. Alphabet makes up 2.3% of Danske Bank A S’s portfolio, making the stock its 7th biggest position. Danske Bank A S’s holdings in Alphabet were worth $1,179,973,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of GOOG. Artemis Wealth Advisors LLC raised its position in Alphabet by 4.4% in the 2nd quarter. Artemis Wealth Advisors LLC now owns 14,000 shares of the information services provider’s stock worth $4,947,000 after buying an additional 591 shares during the last quarter. Gables Capital Management Inc. boosted its holdings in shares of Alphabet by 14.6% during the 2nd quarter. Gables Capital Management Inc. now owns 16,982 shares of the information services provider’s stock valued at $6,000,000 after acquiring an additional 2,165 shares during the last quarter. Oxbow Advisors LLC boosted its holdings in shares of Alphabet by 0.4% during the 2nd quarter. Oxbow Advisors LLC now owns 88,672 shares of the information services provider’s stock valued at $31,331,000 after acquiring an additional 319 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Alphabet by 4.0% in the second quarter. Wealthfront Advisers LLC now owns 655,174 shares of the information services provider’s stock worth $231,493,000 after acquiring an additional 25,368 shares during the period. Finally, Global Strategic Investment Solutions LLC grew its stake in shares of Alphabet by 12.3% in the second quarter. Global Strategic Investment Solutions LLC now owns 4,650 shares of the information services provider’s stock worth $1,643,000 after acquiring an additional 508 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GOOG. UBS Group restated a “neutral” rating and set a $379.00 price objective (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Wedbush started coverage on shares of Alphabet in a research report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 target price for the company. HSBC set a $515.00 price target on Alphabet in a report on Friday, August 14th. TD Cowen reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Finally, BMO Capital Markets upped their price target on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $415.55.

View Our Latest Report on GOOG

Alphabet Trading Down 0.4%

Alphabet stock opened at $343.34 on Wednesday. Alphabet Inc. has a 1 year low of $206.39 and a 1 year high of $404.47. The firm’s 50 day moving average price is $349.34 and its 200-day moving average price is $339.79. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market cap of $4.20 trillion, a P/E ratio of 17.24, a PEG ratio of 0.97 and a beta of 1.23.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Alphabet’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.31 earnings per share. On average, equities analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Enterprise AI expansion: Google launched Gemini Enterprise solutions for financial-services companies and law firms, including specialized agents, workflow tools, data connectors and third-party integrations. The products could support Google Cloud growth and deepen Alphabet’s competition with Microsoft, OpenAI and Anthropic in high-value enterprise markets. Google expands Gemini AI platform for law firms and lawyers
Positive Sentiment: Waymo moves into Europe: Alphabet’s autonomous-driving unit will begin testing vehicles in Munich and plans to launch commercial driverless rides in Germany in 2027. Germany would be Waymo’s first European market and its third international market, expanding a potential long-term growth business. Waymo to launch driverless rides in Germany in 2027
Positive Sentiment: AI infrastructure optimism: Reports that Google’s TPU shipments could nearly triple to 8.8 million by 2027 reinforce expectations that Alphabet can reduce reliance on Nvidia and potentially expand Google Cloud’s AI capacity and margins. Analysts and investment commentary also highlighted strong Cloud growth, improving profitability and continued Search and YouTube momentum. Google TPU volume could triple to 8.8 million by 2027
Neutral Sentiment: Mixed market signals: U.S. consumer-confidence and new-home-sales misses pressured the broader market, while reports of billionaire and institutional interest in Alphabet provided a counterweight. A reported increase in short interest was not meaningful because the filing showed zero shares in both periods.
Negative Sentiment: Investor investigation: Pomerantz LLP said it is investigating potential claims on behalf of Alphabet investors. The notice provided no substantive allegations, but securities-law investigations can add headline and litigation risk. Pomerantz investor alert
Negative Sentiment: Capital-allocation concerns: Commentary flagged potentially negative free cash flow as Alphabet spends heavily on AI infrastructure. Separately, Virginia Retirement Systems reportedly reduced its GOOGL position by about 33%, an isolated institutional-selling signal that may weigh on sentiment.

Insider Transactions at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Arnold sold 82 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the sale, the director owned 18,914 shares in the company, valued at $6,305,738.46. This represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 451,945 shares of company stock worth $12,382,714. 12.99% of the stock is owned by insiders.

About Alphabet

(Free Report)

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.