ABN AMRO Bank N.V. Raises Holdings in Alphabet Inc. $GOOG

ABN AMRO Bank N.V. lifted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 436,017 shares of the information services provider’s stock after purchasing an additional 39,597 shares during the period. Alphabet comprises about 1.3% of ABN AMRO Bank N.V.’s holdings, making the stock its 27th largest position. ABN AMRO Bank N.V.’s holdings in Alphabet were worth $136,439,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Strait & Sound Wealth Management LLC raised its position in Alphabet by 2.9% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 3,224 shares of the information services provider’s stock valued at $1,012,000 after purchasing an additional 92 shares during the last quarter. Osprey Private Wealth LLC raised its position in Alphabet by 24.0% in the 4th quarter. Osprey Private Wealth LLC now owns 96,895 shares of the information services provider’s stock valued at $30,406,000 after purchasing an additional 18,780 shares during the last quarter. Income Insurance Ltd purchased a new stake in Alphabet in the 4th quarter valued at $4,682,000. D Orazio & Associates Inc. raised its position in Alphabet by 2.0% in the 4th quarter. D Orazio & Associates Inc. now owns 13,543 shares of the information services provider’s stock valued at $4,250,000 after purchasing an additional 260 shares during the last quarter. Finally, Ballast Rock Private Wealth LLC purchased a new stake in Alphabet in the 4th quarter valued at $422,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several research reports. Piper Sandler reiterated an “overweight” rating and issued a $395.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Scotiabank reissued an “outperform” rating and issued a $450.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. KeyCorp set a $370.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Finally, Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $363.40.

Alphabet Price Performance

Alphabet stock opened at $384.90 on Wednesday. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm’s 50-day simple moving average is $331.01 and its 200 day simple moving average is $318.96. The firm has a market capitalization of $4.66 trillion, a PE ratio of 29.36, a P/E/G ratio of 1.68 and a beta of 1.25.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. During the same period in the previous year, the firm earned $2.81 EPS. The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. On average, equities research analysts predict that Alphabet Inc. will post 14.29 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date is Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is presently 6.41%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased a major AI push across Search, Gemini, Chrome, Android, YouTube, and Workspace, reinforcing Alphabet’s leadership in AI monetization.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture using Google’s TPU chips, which could expand Alphabet’s AI infrastructure business and strengthen its competitive moat.
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet stake again, signaling continued confidence from a major long-term investor.
• Neutral Sentiment: Wall Street commentary remains split between enthusiasm over Alphabet’s AI progress and caution after the stock’s sharp rally and elevated valuation.
• Negative Sentiment: A major shareholder disclosed additional Alphabet share sales, which may be adding modest short-term pressure as investors take profits after the recent move higher.

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $393.26, for a total transaction of $412,923.00. Following the completion of the transaction, the director owned 2,531 shares in the company, valued at approximately $995,341.06. This trade represents a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 226,481 shares of company stock worth $27,422,061. 12.99% of the stock is owned by company insiders.

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.