E. Ohman J or Asset Management AB Has $48.77 Million Holdings in Alphabet Inc. $GOOG

E. Ohman J or Asset Management AB lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,424 shares of the information services provider’s stock after selling 22,412 shares during the period. Alphabet makes up 1.1% of E. Ohman J or Asset Management AB’s portfolio, making the stock its 15th biggest position. E. Ohman J or Asset Management AB’s holdings in Alphabet were worth $48,772,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Imprint Wealth LLC bought a new position in Alphabet during the 3rd quarter worth approximately $31,000. Manning & Napier Advisors LLC bought a new stake in Alphabet in the third quarter valued at approximately $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet in the third quarter valued at approximately $40,000. Retirement Wealth Solutions LLC raised its holdings in Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after purchasing an additional 116 shares during the period. Finally, Bay Harbor Wealth Management LLC raised its holdings in Alphabet by 56.8% in the third quarter. Bay Harbor Wealth Management LLC now owns 218 shares of the information services provider’s stock worth $53,000 after purchasing an additional 79 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Down 3.1%

Shares of NASDAQ:GOOG opened at $280.74 on Friday. The firm has a market cap of $3.40 trillion, a price-to-earnings ratio of 25.97, a PEG ratio of 1.70 and a beta of 1.10. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15. The company’s fifty day simple moving average is $314.06 and its 200 day simple moving average is $294.73. 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 released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the company earned $2.15 EPS. The company’s revenue was up 18.0% on a year-over-year basis. As a group, research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum — Google’s Gemini upgrades and other AI improvements are boosting Search engagement and product monetization potential, supporting the longer-term ad and cloud growth thesis. Analysts and AI-focused commentary highlight upside from AI-driven search/product improvements. Zacks: Alphabet Relies on AI to Boost Search Growth
• Positive Sentiment: Analyst/institutional support — Some firms have nudged up FY EPS estimates and price targets (Erste, MarketBeat coverage of broad analyst upgrades), reflecting confidence in cloud, search and Gemini monetization — a stabilizing factor for long-term holders. MarketBeat: Analyst Optimism and Upgrades
• Neutral Sentiment: Operational milestones — Waymo and DeepMind deals (robotics, AD miles) show execution in adjacent growth areas; positive for long-term optionality but limited near-term revenue impact. These are credibility wins but not big drivers of current quarter results. Blockonomi: Waymo Milestone
• Negative Sentiment: Landmark liability verdicts — A Los Angeles jury found Google (YouTube) liable in a youth social-media addiction case; the ruling is being framed as a bellwether that could spur more suits and regulatory scrutiny. Investors are pricing in higher legal/regulatory risk and potential compliance costs, which has pressured the stock today. Reuters: US jury verdicts tee up fight over tech liability shield
• Negative Sentiment: Sector spillover from AI/chip headlines — Google researchers’ memory-compression news (and the related debate) has sparked volatility across memory/chip suppliers; that throws a short-term cold shower on tech sentiment and can drive indiscriminate selling in megacaps despite the company being the source of the innovation. CNBC: Google AI breakthrough pressures memory chip stocks

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 47,574 shares of the firm’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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. This represents a 0.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,110,165 shares of company stock worth $118,134,117. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several research analyst reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Scotiabank reiterated an “outperform” rating and set a $400.00 target price (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Needham & Company LLC set a $400.00 target price on Alphabet and gave the company a “buy” rating in a research note on Friday, March 13th. Finally, Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $345.71.

About Alphabet

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.