US Bancorp DE Has $1.48 Billion Position in Alphabet Inc. $GOOGL

US Bancorp DE increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,091,294 shares of the information services provider’s stock after buying an additional 5,484 shares during the quarter. Alphabet comprises approximately 1.8% of US Bancorp DE’s holdings, making the stock its 10th largest position. US Bancorp DE owned 0.05% of Alphabet worth $1,480,799,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new position in shares of Alphabet in the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Alphabet in the third quarter worth about $53,000. Corsicana & Co. acquired a new stake in Alphabet in the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC grew its position in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after buying an additional 89 shares in the last quarter. Finally, S&T Bank PA grew its position in Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after buying an additional 99 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on GOOGL shares. Mizuho raised their price objective on shares of Alphabet from $400.00 to $410.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. The Goldman Sachs Group reissued a “buy” rating and set a $375.00 target price (up from $330.00) on shares of Alphabet in a research note on Tuesday, January 13th. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a “neutral” rating in a report on Thursday, February 5th. President Capital upped their price target on Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, BNP Paribas Exane assumed coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Insider Buying and Selling at Alphabet

In other news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of Alphabet stock in a transaction on Friday, January 30th. The shares were 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 ninety days, insiders sold 2,112,493 shares of company stock worth $118,605,094. 11.55% of the stock is currently owned by company insiders.

Alphabet Stock Performance

GOOGL opened at $307.04 on Wednesday. The stock has a 50-day moving average of $319.65 and a 200-day moving average of $288.33. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market cap of $3.71 trillion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10.

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

Alphabet Dividend Announcement

The firm 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 payout ratio is 7.77%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Canal+ signed a multi‑year deal to use Google Cloud’s generative AI across production and streaming (content recommendation and video production), a direct revenue and platform‑adoption win for Google Cloud. Canal+ taps Google’s AI for video production, content recommendation
• Positive Sentiment: Broader media interest in AI (e.g., Netflix’s AI efforts followed by Canal+) reinforces recurring‑revenue and platform opportunities for Google’s AI/ads stack. This narrative supports upside for Cloud and Ads monetization. Netflix’s AI Drive Followed by This TV Group. It Just Struck a Deal With Google.
• Positive Sentiment: An analyst upgrade is cited as pushing trading momentum higher today, lending short‑term bullish catalyst and validating near‑term expectations for Cloud/AI growth. Alphabet (NASDAQ:GOOGL) Trading 2.6% Higher on Analyst Upgrade
• Positive Sentiment: MarketBeat technical/flow analysis highlights a pullback to ~$300 as a defended support, plus continued institutional inflows and lofty analyst price targets — a constructive backdrop for investors viewing the dip as a buying opportunity. Alphabet’s Pullback May Be Opening a New Entry Point
• Neutral Sentiment: Google is expanding AI agent tooling for the Pentagon and civilian use (Agent Designer / GenAI.mil). This can drive cloud/AI spend but raises policy and reputational complexity amid legal disputes involving other AI vendors. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Neutral Sentiment: Google is part of industry efforts (with Tesla and others) on grid/utilization initiatives — long‑term strategic but unlikely to move near‑term revenue materially. Google and Tesla think we’re managing the electrical grid all wrong
• Negative Sentiment: Microsoft’s dual‑model AI strategy and deep Anthropic/OpenAI ties reinforce Azure’s competitive edge for enterprise AI workloads, representing a meaningful cloud/AI market risk for Google. Microsoft Positioned to Win AI Race With Dual-Model Strategy (GOOGL)
• Negative Sentiment: Scrutiny over Sundar Pichai’s $692M compensation package tied to unprofitable “moonshot” targets may raise governance concerns among some investors. Alphabet CEO Sundar Pichai’s new $692 million compensation package hinges on the success of two Google moonshots that aren’t making any money

Alphabet 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.