ABN AMRO Bank N.V. Grows Position in Alphabet Inc. $GOOGL

ABN AMRO Bank N.V. grew its stake in Alphabet Inc. (NASDAQ:GOOGL) by 82.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 544,969 shares of the information services provider’s stock after buying an additional 246,618 shares during the quarter. Alphabet makes up 1.3% of ABN AMRO Bank N.V.’s portfolio, making the stock its 27th biggest holding. ABN AMRO Bank N.V.’s holdings in Alphabet were worth $132,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet in the second quarter worth $31,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Alphabet in the 3rd quarter valued at $53,000. Corsicana & Co. purchased a new stake in Alphabet in the 3rd quarter worth $54,000. Sellwood Investment Partners LLC bought a new position in shares of Alphabet during the 3rd quarter valued at about $63,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in shares of Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google and Apple are adding music-focused generative-AI features to core apps, showing Alphabet’s AI tech is moving into mainstream consumer experiences that can drive engagement and ad/licensing opportunities. Google Gemini, Apple add music-focused generative AI features
• Positive Sentiment: Google will develop AI tools with Sea Ltd for e-commerce and gaming in Southeast Asia — a tie-up that expands Google Cloud and AI reach in high-growth markets, boosting potential cloud revenue. Google, Shopee-owner Sea to develop AI tools for e-commerce, gaming
• Positive Sentiment: Industry mega-deals like the NVIDIA–Meta expansion reinforce massive, multiyear demand for AI compute — a tailwind for Google Cloud (inference/deployment demand) as hyperscalers lock in infrastructure spending. NVIDIA and Meta Deepen Their AI Alliance
• Positive Sentiment: Big investors remain supportive: Berkshire Hathaway kept its Alphabet stake in recent filings and other high-profile investors (e.g., David Tepper) have increased exposure — signals of institutional confidence in Alphabet’s cloud/AI strategy. Berkshire & AI Hyperscalers: Buffett Holds GOOGL, Dumps AMZN
• Neutral Sentiment: Booking Holdings’ stock-split/earnings story spotlights Google’s Travel/AI booking capabilities — the piece underscores competitive dynamics (Google can disintermediate travel booking) but it’s more relevant as industry context than an immediate revenue swing for Alphabet. Booking Holdings Split: The Catalyst Wall Street Didn’t See Coming
• Negative Sentiment: Insider selling: Director John Hennessy sold 600 shares (filed in mid-February) — a small but visible insider sale that can amplify short-term selling narratives. Alphabet Director John Hennessy Sells 600 Shares
• Negative Sentiment: Waymo/regulatory and operational noise: New York regulatory shifts and scrutiny around remote-assistance in robotaxis constrain Waymo’s expansion and keep a regulatory overhang on Alphabet’s AV ambitions. New York Gov. Hochul drops robotaxi service proposal for outside NYC
• Negative Sentiment: Service reliability and cost concerns: A YouTube outage and commentary about Alphabet’s heavy CapEx for AI compute contribute to short-term profit-taking and worries about near-term margins. YouTube outage hits over 32,000 users

Alphabet Stock Down 0.2%

Alphabet stock opened at $302.85 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market cap of $3.66 trillion, a P/E ratio of 28.02, a P/E/G ratio of 1.78 and a beta of 1.09. The business has a fifty day moving average of $320.20 and a two-hundred day moving average of $277.46. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $349.00.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The business 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%. On average, analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on GOOGL shares. Citigroup raised their price target on Alphabet from $350.00 to $390.00 and gave the company a “buy” rating in a report on Friday, February 6th. Citic Securities raised their target price on shares of Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Truist Financial set a $385.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Cantor Fitzgerald reiterated an “overweight” rating and set a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Robert W. Baird lifted their price objective on shares of Alphabet from $310.00 to $350.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 20th. 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 stock. According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $365.86.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 47,574 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the transaction, the insider owned 13,227 shares in the company, valued at $3,987,279.15. The trade was a 78.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Amie Thuener O’toole sold 933 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15. Following the sale, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at $3,337,229.80. The trade was a 8.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,079,982 shares of company stock worth $109,267,889. Insiders own 11.64% of the company’s stock.

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.