SEB Asset Management AB Acquires Shares of 1,980,895 Alphabet Inc. $GOOGL

SEB Asset Management AB purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,980,895 shares of the information services provider’s stock, valued at approximately $569,626,000. Alphabet comprises 2.4% of SEB Asset Management AB’s investment portfolio, making the stock its 7th largest position.

Other hedge funds have also recently bought and sold shares of the company. Vision Retirement LLC boosted its holdings in Alphabet by 0.6% during the first quarter. Vision Retirement LLC now owns 9,092 shares of the information services provider’s stock worth $2,615,000 after purchasing an additional 56 shares during the last quarter. Swiss National Bank increased its holdings in Alphabet by 7.1% during the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock worth $4,911,467,000 after buying an additional 1,139,400 shares during the last quarter. World Equity Group Inc. raised its position in Alphabet by 3.8% in the first quarter. World Equity Group Inc. now owns 20,173 shares of the information services provider’s stock worth $5,801,000 after acquiring an additional 733 shares during the period. Precision Wealth Strategies LLC boosted its stake in Alphabet by 106.3% in the first quarter. Precision Wealth Strategies LLC now owns 17,913 shares of the information services provider’s stock valued at $5,151,000 after acquiring an additional 9,229 shares during the last quarter. Finally, AIA Group Ltd boosted its stake in Alphabet by 8.5% in the first quarter. AIA Group Ltd now owns 567,354 shares of the information services provider’s stock valued at $163,148,000 after acquiring an additional 44,531 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Performance

Shares of GOOGL stock opened at $336.71 on Thursday. The firm’s 50 day moving average is $359.40 and its 200 day moving average is $339.14. The stock has a market capitalization of $4.08 trillion, a P/E ratio of 16.91, a PEG ratio of 0.95 and a beta of 1.24. Alphabet Inc. has a 12 month low of $187.82 and a 12 month high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.15 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Insider Activity

In related news, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 600,465 shares of company stock worth $16,228,202. 11.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on GOOGL shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, April 28th. Wells Fargo & Company set a $411.00 price objective on Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Zacks Research raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Wolfe Research decreased their target price on Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Finally, Wall Street Zen upgraded Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $419.86.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
• Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
• Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
• Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
• Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
• Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk

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.