Capital International Investors Has $21.01 Billion Position in Alphabet Inc. $GOOG

Capital International Investors trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 6.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,250,183 shares of the information services provider’s stock after selling 5,890,403 shares during the period. Alphabet makes up about 3.4% of Capital International Investors’ investment portfolio, making the stock its 3rd biggest position. Capital International Investors owned approximately 0.71% of Alphabet worth $21,006,889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of GOOG. Robinson Smith Wealth Advisors LLC lifted its holdings in Alphabet by 1.8% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock worth $504,000 after buying an additional 36 shares in the last quarter. Searle & CO. boosted its position in Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after buying an additional 36 shares during the last quarter. Navellier & Associates Inc. increased its stake in shares of Alphabet by 0.6% in the 3rd quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock valued at $1,424,000 after buying an additional 36 shares during the period. BankPlus Wealth Management LLC raised its position in shares of Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after acquiring an additional 37 shares during the last quarter. Finally, Activest Wealth Management raised its position in shares of Alphabet by 0.5% during the third quarter. Activest Wealth Management now owns 7,997 shares of the information services provider’s stock worth $1,948,000 after acquiring an additional 38 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. DA Davidson set a $300.00 price target on Alphabet in a report on Tuesday, November 25th. Scotiabank reissued an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. UBS Group restated a “neutral” rating and set a $348.00 target price (up from $345.00) on shares of Alphabet in a research report on Thursday, February 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Alphabet in a research note on Thursday, February 5th. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $343.90.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Technical/flow support: MarketBeat says GOOGL has confirmed a major support zone near ~$300 after a 12% pullback, with strong institutional inflows and analyst upgrades that make the recent dip look like a potential long-term entry. GOOGL Pullback Confirms Support, Setting Up a Potential New Entry
• Positive Sentiment: Commercial traction: Reuters/InsiderMonkey reports CVS Health will roll out an AI-enabled customer platform built on Google Cloud — a tangible enterprise win that should boost cloud consumption and revenue visibility. CVS Health To Roll Out AI-enabled Platform With Google Cloud
• Positive Sentiment: Strategic/partner signal: CNBC reports Mandiant founder Kevin Mandia raised $190M for a new AI-cybersecurity startup (Armadin), with some funding coming from the company that sold him to Google — a sign of continued ecosystem investment and Google’s ongoing ties to security/AI startups. Kevin Mandia raised $190 million for Armadin
• Neutral Sentiment: Valuation/coverage context: Market and media pieces (Zacks/Fool) are comparing Alphabet with peers (e.g., Nvidia) and reiterating Alphabet’s diversified revenue mix and long-term AI edge — useful framing but not new catalysts by itself. Nvidia vs. Alphabet: Which Stock Will Make You Richer?
• Negative Sentiment: Supply‑chain/cost risk: TipRanks flags that Nvidia’s high‑bandwidth memory buying spree has created global shortages that could raise costs or constrain Google’s AI hardware spend, a potential margin/headline risk for AI infrastructure. Nvidia’s Memory Shortage Could Cause Google Billions
• Negative Sentiment: Competitive pressure: MarketBeat coverage of Microsoft’s aggressive dual‑model and Anthropic/OpenAI positioning underscores intensifying cloud/AI competition — a reminder Azure is a strong adversary for Google Cloud share gains. Microsoft Positioned to Win AI Race With Dual-Model Strategy
• Negative Sentiment: Governance/headline drag: Recent reports detail approval of a potential $692M CEO pay package tied to Waymo and insider sales by Alphabet’s CEO (~$9.86M sold) — items that can sap sentiment and were linked to small near‑term stock weakness. Alphabet offers CEO pay deal worth up to $692M Alphabet CEO Sells Stock
• Negative Sentiment: Regulatory risk: Yahoo/Reuters coverage of Indonesia’s plan to ban high‑risk digital platforms for children under 16 could create regional regulatory pressure on core ad or platform features if similar rules spread. Indonesia Plans to Ban High-Risk Digital Platforms for Children

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 112 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the sale, the director directly owned 18,418 shares in the company, valued at $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,112,493 shares of company stock valued at $118,605,094 over the last three months. Insiders own 12.99% of the company’s stock.

Alphabet Trading Up 2.6%

NASDAQ GOOG opened at $306.01 on Tuesday. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. 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 firm has a market cap of $3.70 trillion, a P/E ratio of 28.31, a P/E/G ratio of 1.75 and a beta of 1.10. The stock’s 50-day moving average is $320.11 and its 200-day moving average is $288.17.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the firm earned $2.15 EPS. Alphabet’s quarterly revenue was up 18.0% compared to the same quarter last year. Sell-side analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

About Alphabet

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.