Union Bancaire Privee UBP SA Has $194.70 Million Stake in Alphabet Inc. $GOOG

Union Bancaire Privee UBP SA decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 22.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 620,461 shares of the information services provider’s stock after selling 176,007 shares during the quarter. Alphabet accounts for approximately 2.9% of Union Bancaire Privee UBP SA’s holdings, making the stock its 9th largest position. Union Bancaire Privee UBP SA’s holdings in Alphabet were worth $194,701,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOOG. State Street Corp boosted its holdings in shares of Alphabet by 1.3% during the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after acquiring an additional 2,428,266 shares during the period. JPMorgan Chase & Co. boosted its stake in Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Alphabet by 5.8% during the third quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider’s stock worth $9,749,864,000 after acquiring an additional 2,209,203 shares during the period. Legal & General Group Plc raised its position in Alphabet by 0.7% in the third quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock worth $7,935,671,000 after acquiring an additional 223,743 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Alphabet by 2.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider’s stock valued at $5,588,323,000 after acquiring an additional 695,736 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Down 2.3%

Alphabet stock opened at $298.79 on Friday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a market cap of $3.61 trillion, a PE ratio of 27.64, a P/E/G ratio of 1.79 and a beta of 1.10. The firm’s 50 day moving average price is $317.66 and its two-hundred day moving average price is $293.01.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The company 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 business’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the business earned $2.15 EPS. On average, research analysts predict that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

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

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hires Bridgewater’s chief scientist Jasjeet Sekhon — a high‑profile talent win that strengthens Alphabet’s AI research and commercial credentials versus rivals. Read More.
• Positive Sentiment: Google Cloud + CVS launch “Health100” using Gemini models — expands Gemini into consumer healthcare (pharmacy, insurance, wearables) and creates a potential recurring revenue stream for cloud/AI services. Read More.
• Positive Sentiment: Product momentum: Stitch “vibe design” update is drawing real competition away from incumbents (Figma/Adobe) — suggests faster AI‑driven product monetization and market expansion for developer/designer tools. Read More.
• Positive Sentiment: Google struck agreements with five U.S. utilities to curb data‑center power use at peak demand — reduces brownout/cost risk for data‑center expansion and supports more predictable AI operations. Read More.
• Neutral Sentiment: Alphabet is pursuing Pentagon contracts (coverage and video reports) — potential contract upside but comes with employee/PR controversy given industry disputes; outcome is uncertain for near‑term revenue. Read More.
• Negative Sentiment: Supply‑chain/geopolitical risk: reports that Alphabet is increasing use of Chinese suppliers for advanced liquid cooling raise export‑control and political risks for global AI builds. Read More.
• Negative Sentiment: Insider selling: CEO Sundar Pichai and several directors have disclosed recent SEC‑filed share sales — repeated large insider sales can spook short‑term sentiment even if they are scheduled or for diversification. Read More.
• Negative Sentiment: Broader valuation/capex concern: commentary on massive hyperscaler AI capex and uncertain timing of returns is pressuring multiples across cloud/AI names, including Alphabet. Read More.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was 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 in the company, valued at $3,987,279.15. This represents a 78.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total value of $318,580.50. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $1,405,091.71. This represents a 18.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 2,110,165 shares of company stock valued at $118,134,117. 12.99% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GOOG. Wells Fargo & Company upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. BMO Capital Markets reiterated an “outperform” rating and set a $400.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Scotiabank restated an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. BNP Paribas Exane started coverage on Alphabet in a report on Monday, November 24th. They set an “outperform” rating for the company. Finally, Oppenheimer reiterated an “outperform” rating and issued a $360.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $345.71.

Alphabet 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.