Shell Asset Management Co. Has $20.99 Million Stock Holdings in Alphabet Inc. $GOOG

Shell Asset Management Co. lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 69.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 86,189 shares of the information services provider’s stock after selling 197,708 shares during the period. Alphabet comprises about 2.1% of Shell Asset Management Co.’s investment portfolio, making the stock its 6th largest position. Shell Asset Management Co.’s holdings in Alphabet were worth $20,991,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. University of Illinois Foundation bought a new position in Alphabet during the second quarter worth $31,000. Manning & Napier Advisors LLC acquired a new stake in Alphabet during the 3rd quarter worth about $32,000. Horrell Capital Management Inc. raised its position in shares of Alphabet by 100.0% in the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after acquiring an additional 100 shares in the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Alphabet in the 2nd quarter valued at about $37,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Alphabet in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $303.94 on Thursday. The stock has a market cap of $3.68 trillion, a price-to-earnings ratio of 28.12, a PEG ratio of 1.78 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $350.15. The firm’s 50-day simple moving average is $321.07 and its 200 day simple moving average is $277.91.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during 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 company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.15 earnings per share. As a group, research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. DZ Bank upgraded Alphabet to a “strong-buy” rating in a report on Monday. Piper Sandler reiterated an “overweight” rating and issued a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Barclays boosted their target price on shares of Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Rosenblatt Securities set a $279.00 price target on shares of Alphabet in a report on Thursday, October 30th. Finally, Wedbush reiterated an “outperform” rating and set a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Alphabet has an average rating of “Buy” and an average target price of $343.90.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum: Analysts and commentators are highlighting Gemini and Google Cloud as major growth drivers (upgrades and optimistic forecasts tied to AI-driven revenue and margin improvements). This narrative is supporting the stock. Article Title
• Positive Sentiment: YouTube ad strength and double‑digit cloud revenue gains are being cited as near-term earnings/revenue support that helped lift sentiment. Article Title
• Positive Sentiment: Analyst/ratings momentum: DZ Bank and other firms have issued bullish takes (upgrades/strong‑buy calls), which can attract buyers after recent pullbacks. Article Title
• Positive Sentiment: Institutional conviction: Some large managers (e.g., Royal Bank of Canada) added to GOOG in 13F filings and Berkshire Hathaway kept its Google exposure — signals that long‑term holders remain constructive. Article Title
• Neutral Sentiment: Product cadence: Google set I/O for May 19–20 and is broadly expected to show new AI hardware (smart glasses) — a medium‑term catalyst, but timing and monetization remain speculative. Article Title
• Neutral Sentiment: Regulatory/watch items: Waymo defended its use of remote assistance before Congress; it’s a reputational/regulatory story to watch but not immediate earnings pressure. Article Title
• Negative Sentiment: Institutional trimming: Multiple big funds trimmed GOOGL in recent 13F filings (Ameriprise, Northern Trust, Veritas, First Pacific), which creates supply pressure and suggests some profit‑taking/rebalancing. Article Title Article Title
• Negative Sentiment: CapEx and margin concerns: Coverage highlights heavy AI/dc spending across hyperscalers; investors are treating elevated 2026 capex as a near‑term headwind that can cap multiples even if it supports long‑term moat. Article Title
• Negative Sentiment: Insider selling and high‑profile trims: A board director sold 600 shares (disclosed) and prominent value managers (e.g., Terry Smith, Bill Ackman) reduced GOOGL exposure in filings — signals that can amplify near‑term selling. Article Title

Insider Activity

In related news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares of the company’s stock, valued at $723,945,705.60. The trade was a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,032,408 shares of company stock valued at $94,926,707 over the last quarter. 12.99% of the stock is owned by insiders.

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.