Jensen Investment Management Inc. Has $435.47 Million Stake in Alphabet Inc. $GOOGL

Jensen Investment Management Inc. lessened its position in Alphabet Inc. (NASDAQ:GOOGL) by 24.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,791,309 shares of the information services provider’s stock after selling 583,869 shares during the quarter. Alphabet makes up about 5.4% of Jensen Investment Management Inc.’s portfolio, making the stock its 5th biggest position. Jensen Investment Management Inc.’s holdings in Alphabet were worth $435,467,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Cove Private Wealth LLC grew its position in Alphabet by 0.5% in the third quarter. Cove Private Wealth LLC now owns 44,624 shares of the information services provider’s stock valued at $10,848,000 after purchasing an additional 230 shares in the last quarter. Wealthstream Advisors Inc. lifted its position in Alphabet by 2.5% during the 3rd quarter. Wealthstream Advisors Inc. now owns 13,112 shares of the information services provider’s stock worth $3,187,000 after buying an additional 326 shares in the last quarter. Opinicus Capital Inc. boosted its stake in shares of Alphabet by 1.2% during the 3rd quarter. Opinicus Capital Inc. now owns 6,120 shares of the information services provider’s stock worth $1,488,000 after buying an additional 70 shares during the last quarter. BridgePort Financial Solutions LLC boosted its stake in shares of Alphabet by 131.7% during the 3rd quarter. BridgePort Financial Solutions LLC now owns 18,560 shares of the information services provider’s stock worth $4,512,000 after buying an additional 10,548 shares during the last quarter. Finally, Rockland Trust Co. grew its holdings in shares of Alphabet by 8.8% in the 3rd quarter. Rockland Trust Co. now owns 514,917 shares of the information services provider’s stock valued at $125,176,000 after acquiring an additional 41,786 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and higher price targets provide near-term support — Loop Capital raised its price target to $355 and Wells Fargo moved to a more constructive stance, boosting buy-side momentum. Read More.
• Positive Sentiment: Waymo commercialization expands — Waymo is rolling out robotaxi service to multiple new U.S. markets (Dallas, Houston, San Antonio, Orlando), which supports a pathway to revenue growth for Alphabet’s autonomous-vehicle unit. Read More.
• Positive Sentiment: Big data-center energy deals lower operational risk for AI/cloud buildout — Google announced a 1.9GW clean-power-backed Minnesota project that includes a 300MW / 100-hour battery, and utilities/energy firms signed long-term supply deals for new Google sites, improving power resiliency for Cloud/AI capacity. Read More.
• Positive Sentiment: Hidden assets and ecosystem stakes add optionality — Alphabet’s strategic holdings (notably ~14% of Anthropic and an early SpaceX stake) plus Gemini integrations (including reported Apple interest) are underappreciated upside drivers for Cloud, AI licensing and potential mark-to-market gains. Read More.
• Neutral Sentiment: Industry capex race: Bridgewater sees ~$650B in Big Tech AI investment for 2026 — this underscores continued capacity expansion that benefits hyperscalers but increases execution/timing uncertainty. Read More.
• Neutral Sentiment: AI chip competition heats up — WSJ coverage highlights intensifying GPU/custom-chip rivalry (Google vs. Nvidia and others), a structural trend that affects margins, procurement and product differentiation. Read More.
• Negative Sentiment: Notable investor rotations and selling — reports show Renaissance trimmed a large position (~$700M sale) and some high-profile funds reduced exposure, which can weigh on intraday flows and dampen momentum. Read More.
• Negative Sentiment: Legal and regulatory risks persist — Klarna expects a Swedish court verdict related to Google patents on April 15, adding event risk for the stock. Read More.
• Negative Sentiment: AI capex funded with debt raises investor caution — coverage warns hyperscalers (including Alphabet) are increasing AI-related spending and in some cases using debt, which shifts risk and could pressure valuations if returns take longer than expected. Read More.

Analyst Ratings Changes

GOOGL has been the topic of several analyst reports. Moffett Nathanson upped their target price on Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. President Capital boosted their price target on Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Jefferies Financial Group upped their price objective on Alphabet from $365.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $375.00 target price (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. Finally, CICC Research boosted their target price on shares of Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Insider Activity

In other news, Director John L. Hennessy sold 600 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the transaction, the director owned 20,624 shares in the company, valued at approximately $6,325,999.52. This trade represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total value of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Company insiders own 11.55% of the company’s stock.

Alphabet Trading Down 0.2%

Shares of Alphabet stock opened at $310.90 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The business has a fifty day simple moving average of $320.47 and a two-hundred day simple moving average of $281.05. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $349.00. The company has a market capitalization of $3.76 trillion, a price-to-earnings ratio of 28.76, a P/E/G ratio of 1.83 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

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.