Caitong International Asset Management Co. Ltd Boosts Stock Holdings in Alphabet Inc. $GOOGL

Caitong International Asset Management Co. Ltd lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 18,723.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,894 shares of the information services provider’s stock after acquiring an additional 4,868 shares during the period. Alphabet makes up approximately 0.8% of Caitong International Asset Management Co. Ltd’s portfolio, making the stock its 16th largest position. Caitong International Asset Management Co. Ltd’s holdings in Alphabet were worth $1,190,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new stake in shares of Alphabet during the second quarter valued at $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in Alphabet during the 3rd quarter valued at about $53,000. iSAM Funds UK Ltd bought a new position in Alphabet during the 3rd quarter valued at about $53,000. Corsicana & Co. purchased a new stake in shares of Alphabet during the 3rd quarter valued at about $54,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Alphabet by 37.9% during 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 acquiring an additional 89 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wells Fargo and other analysts have moved upbeat on Alphabet, citing stronger AI and cloud positioning and raising price targets, supporting investor optimism about future revenue and compute advantage. Alphabet (GOOGL) Sees Optimistic Coverage From Analysts
• Positive Sentiment: Alphabet paid its first 2026 dividend of $0.21 per share on March 16, a concrete cash return that can support demand from income-oriented investors. Google stock just paid dividends; here’s how much investors received
• Positive Sentiment: Research houses continue to reiterate buy/overweight ratings (Needham reiterated a buy), reinforcing buy-side conviction and supporting price momentum. Alphabet’s (GOOGL) Buy Rating Reiterated at Needham & Company LLC
• Positive Sentiment: Google procurement teams reportedly visited China to discuss buying liquid cooling gear from local suppliers — a sign of continued data‑center expansion and potential cost/efficiency gains for its cloud and AI compute footprint. Google in talks with China’s Envicool, others to buy data centre cooling systems, sources say
• Neutral Sentiment: Multiple market write-ups (Zacks, Yahoo, Motley Fool summaries) note Alphabet as a trending/overperforming stock due to AI and cloud tailwinds, keeping the name in retail and institutional screens but not providing new catalysts. Alphabet Inc. (GOOG) Outperforms Broader Market: What You Need to Know
• Negative Sentiment: European publishers and tech firms are pressing the EU to accelerate a probe and impose a fine over alleged search favoritism, creating regulatory uncertainty that could pressure margins or fines down the road. Exclusive: European publishers, tech firms urge EU to speed up fine on Google over search
• Negative Sentiment: Some analysts flag valuation and near‑term margin pressure as capex for AI compute ramps and higher operating costs could limit upside despite growth, a narrative that may cap multiple expansion. Is Alphabet Stock’s 25.55X PE Still Worth it? Buy, Sell, or Hold?

Insider Buying and Selling

In other news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction 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 sale, the insider directly owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold 2,076,615 shares of company stock valued at $107,809,111 in the last 90 days. Corporate insiders own 11.55% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GOOGL. Wolfe Research increased their price objective on shares of Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Citizens Jmp reissued a “market outperform” rating and set a $385.00 price target on shares of Alphabet in a report on Thursday, February 5th. Rosenblatt Securities raised their price target on Alphabet from $279.00 to $357.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada lifted their price objective on Alphabet from $375.00 to $400.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.

Alphabet Trading Up 1.8%

Shares of Alphabet stock opened at $310.92 on Wednesday. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00. The company’s fifty day simple moving average is $318.83 and its 200-day simple moving average is $291.74. 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 stock has a market capitalization of $3.76 trillion, a PE ratio of 28.76, a P/E/G ratio of 1.79 and a beta of 1.10.

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

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 7.77%.

About Alphabet

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.