Securian Asset Management Inc. Has $49.52 Million Stock Holdings in Alphabet Inc. $GOOGL

Securian Asset Management Inc. reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 43.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 158,203 shares of the information services provider’s stock after selling 123,526 shares during the period. Alphabet makes up 1.9% of Securian Asset Management Inc.’s investment portfolio, making the stock its 10th biggest position. Securian Asset Management Inc.’s holdings in Alphabet were worth $49,518,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in GOOGL. PMV Capital Advisers LLC bought a new stake in shares of Alphabet during the 4th quarter worth $38,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet during the 3rd quarter worth $53,000. Kentucky Trust Co lifted its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after acquiring an additional 100 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Alphabet during the 3rd quarter worth $53,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Alphabet during the 3rd quarter worth $63,000. 40.03% of the stock is owned by institutional investors.

Insider Activity

In other news, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction dated Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This trade represents a 8.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 226,481 shares of company stock valued at $27,422,061. 11.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Stifel Nicolaus set a $420.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a report on Thursday, April 30th. BMO Capital Markets boosted their price target on shares of Alphabet from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. President Capital boosted their price target on shares of Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Wedbush boosted their price target on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, The Goldman Sachs Group boosted their price target on shares of Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $412.94.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud reported standout Q1’26 results, with revenue up 63% to $20 billion, a 32.9% margin, and a backlog that reached $462 billion, suggesting strong demand and improving profitability. GOOGL Rides on Surging Google Cloud Demand: More Upside Ahead?
• Positive Sentiment: Alphabet and Blackstone announced a partnership to build 500MW of U.S. data center capacity by 2027, underscoring Alphabet’s push to monetize TPU-powered AI compute as a service. Google and Blackstone partner on TPU-powered data centre capacity
• Positive Sentiment: Alphabet’s buy rating was reaffirmed by Barclays, adding to the bullish analyst tone around the stock. Alphabet Class A (GOOGL) Gets a Buy from Cantor Fitzgerald
• Positive Sentiment: Reuters reported that EQT partnered with Google Cloud to accelerate AI adoption across more than 300 portfolio companies, reinforcing Alphabet’s enterprise AI momentum. Private equity firm EQT partners with Google Cloud for AI rollout
• Neutral Sentiment: Waymo continued expanding its robotaxi fleet with lower-cost vehicles and new rider access, which supports Alphabet’s optionality in autonomous driving but is not an immediate earnings driver. Waymo opens Ojai robotaxis to select riders as company aims to lower cost of fleet expansion
• Negative Sentiment: Alphabet is facing fresh reputational and legal pressure after U.S. prosecutors charged a Google engineer in a Polymarket insider-trading case, and an Indian court ruling raised trademark-related ad risk. Indian court ruling on Google keyword ads could reshape online advertising
• Negative Sentiment: Some commentary also suggested Alphabet could face pressure as AI rivals like OpenAI and Anthropic raise larger funding war chests, keeping competition concerns in focus. Anthropic Leapfrogs OpenAI In Valuation. But Here’s One Thing To Know.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $380.34 on Friday. The company has a market cap of $4.61 trillion, a price-to-earnings ratio of 29.01, a price-to-earnings-growth ratio of 1.67 and a beta of 1.26. The company has a 50-day moving average price of $345.77 and a 200-day moving average price of $324.91. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $162.00 and a 12 month high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.64 by $2.47. The firm had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. As a group, equities analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. Alphabet’s payout ratio is currently 6.71%.

Alphabet 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.