Banco Santander S.A. Has $113.24 Million Holdings in Alphabet Inc. $GOOG

Banco Santander S.A. cut its position in Alphabet Inc. (NASDAQ:GOOG) by 5.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 464,938 shares of the information services provider’s stock after selling 24,852 shares during the quarter. Alphabet comprises approximately 1.0% of Banco Santander S.A.’s holdings, making the stock its 17th biggest position. Banco Santander S.A.’s holdings in Alphabet were worth $113,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Mill Creek Capital Advisors LLC lifted its stake in Alphabet by 3.7% in the third quarter. Mill Creek Capital Advisors LLC now owns 22,952 shares of the information services provider’s stock valued at $5,590,000 after acquiring an additional 818 shares during the last quarter. Sava Penzisko Drushtvo A.D. Skopje acquired a new stake in Alphabet in the 3rd quarter valued at about $7,983,000. Lansing Street Advisors lifted its stake in Alphabet by 82.1% in the 3rd quarter. Lansing Street Advisors now owns 3,978 shares of the information services provider’s stock valued at $969,000 after purchasing an additional 1,793 shares during the last quarter. Integrated Advisors Network LLC grew its holdings in Alphabet by 1.9% during the third quarter. Integrated Advisors Network LLC now owns 28,554 shares of the information services provider’s stock worth $6,954,000 after purchasing an additional 526 shares during the period. Finally, DNB Asset Management AS increased its position in Alphabet by 2.0% during the third quarter. DNB Asset Management AS now owns 969,535 shares of the information services provider’s stock worth $236,130,000 after buying an additional 19,194 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider John Kent Walker sold 47,574 shares of the company’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 sale, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold 2,112,380 shares of company stock valued at $119,112,888 in the last 90 days. 12.99% of the stock is owned by corporate insiders.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $311.43 on Monday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The company’s 50 day moving average price is $321.49 and its two-hundred day moving average price is $283.93. The firm has a market cap of $3.77 trillion, a PE ratio of 28.81, a PEG ratio of 1.82 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. 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%.The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.15 earnings per share. Equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced 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 (DPR) is currently 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Nano Banana 2, an upgraded AI image generator with faster performance and better text handling — reinforces product leadership for Gemini/search integrations and helps drive user engagement across Google services. Google launches Nano Banana 2
• Positive Sentiment: Alphabet reportedly struck a multibillion-dollar deal to rent its AI chips (TPUs) to Meta — a direct revenue and margin-positive outcome from Alphabet’s AI infrastructure investments. Google signs multibillion-dollar AI chip deal with Meta
• Positive Sentiment: Alphabet is securing power supply agreements for data centers (deals with AES and Xcel), which reduces execution risk for its AI/cloud buildout and supports continued capacity expansion. Alphabet Secures Power Deals
• Positive Sentiment: South Korea approved Google’s request to export high‑precision map data, opening commercial opportunities for Google Maps and Waymo in a market previously restricted — potential revenue and product expansion tailwind. South Korea approves Google bid
• Positive Sentiment: Heavy investors continue to add to Alphabet: notable buying by billionaire Stanley Druckenmiller was reported — an endorsement that can support sentiment among long-term institutional investors. Druckenmiller buys Alphabet
• Neutral Sentiment: Analyst coverage and buy ratings remain favorable (recent upgrades and positive notes on cloud/AI), supporting longer-term upside expectations even after concerns about spending. MarketBeat coverage
• Neutral Sentiment: Short-interest updates in available feeds show anomalous/zero reporting and NaN changes — appears to be noisy data and unlikely to be driving today’s move. (Data entries flagged as 0/NaN.)
• Negative Sentiment: Belgian competition authorities opened a probe into Google’s online ad pricing practices — a regulatory risk that could pressure ad margins or lead to fines/operational changes in Europe. Belgian watchdog probe
• Negative Sentiment: Competitive pressure intensified after OpenAI raised massive funding with Amazon/Nvidia/Microsoft as backers — concentrates AI competition and could blunt parts of Google’s enterprise opportunity or pricing power. OpenAI record funding report
• Negative Sentiment: Investor cautions: critics (Michael Burry, some options trade services) have flagged Alphabet’s aggressive AI capex and warned of margin pressure — a reminder of downside risk if spending outpaces near-term monetization. Michael Burry on Google’s AI spending

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on GOOG shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Wells Fargo & Company raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Oppenheimer reissued an “outperform” rating and issued a $360.00 price objective on shares of Alphabet in a research 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 note on Thursday, February 12th. Finally, TD Cowen reissued a “buy” rating and issued a $365.00 price target (up from $355.00) on shares of Alphabet in a report on Thursday, February 5th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $343.90.

Alphabet Company 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.