Seilern Investment Management Ltd Sells 1,904 Shares of Alphabet Inc. $GOOGL

Seilern Investment Management Ltd trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,522 shares of the information services provider’s stock after selling 1,904 shares during the quarter. Alphabet accounts for approximately 5.1% of Seilern Investment Management Ltd’s portfolio, making the stock its 11th largest holding. Seilern Investment Management Ltd’s holdings in Alphabet were worth $41,125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its stake in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after buying an additional 12,718,127 shares during the last quarter. Invesco Ltd. lifted its position in shares of Alphabet by 0.5% during the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider’s stock worth $14,208,470,000 after buying an additional 208,362 shares in the last quarter. Amundi lifted its position in shares of Alphabet by 4.6% during the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after buying an additional 1,457,371 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after buying an additional 1,631,721 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of Alphabet by 11.9% in the 4th quarter. Hsbc Holdings PLC now owns 16,466,253 shares of the information services provider’s stock worth $5,154,034,000 after buying an additional 1,749,161 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. BMO Capital Markets set a $465.00 price target on Alphabet and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Evercore reissued an “outperform” rating and issued a $450.00 price objective on shares of Alphabet in a research report on Wednesday, September 16th. Tigress Financial restated a “strong-buy” rating and issued a $485.00 price objective (up from $415.00) on shares of Alphabet in a research note on Thursday, September 17th. Truist Financial set a $420.00 price objective on Alphabet and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $425.72.

Alphabet Stock Performance

NASDAQ:GOOGL traded up $2.27 during trading hours on Tuesday, reaching $354.99. The stock had a trading volume of 12,705,004 shares, compared to its average volume of 30,548,918. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a 50 day simple moving average of $345.48 and a 200 day simple moving average of $349.96. Alphabet Inc. has a 12-month low of $240.51 and a 12-month high of $408.61. The stock has a market cap of $4.34 trillion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. On average, research analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini 4 Argon launch strengthens Alphabet’s AI position. Google began rolling out its latest flagship model to paying users, highlighting capabilities in coding, finance and legal work. The release may ease concerns about competition from Anthropic and other AI developers. Google launches flagship AI model Gemini 4 Argon
• Positive Sentiment: Analysts see a major opportunity in Alphabet’s internally developed AI chips. One estimate suggests the chip business could unlock as much as $100 billion in value by 2028, while investors continue to watch Google Cloud growth, AI demand and capital spending. Alphabet could unlock $100 billion from AI chips
• Positive Sentiment: Google is expanding its ecosystem. Private app distribution through Google Play and new Fitbit health products could increase Android engagement, subscriptions and long-term platform monetization. Google Play private apps
• Neutral Sentiment: Investors remain divided over AI spending. Alphabet’s cloud backlog and AI adoption support the growth outlook, but the company is committing heavily to data centers. Reported second-quarter EPS benefited substantially from a paper gain, raising questions about how quickly investments are translating into operating cash flow. Alphabet cloud growth and paper EPS gain
• Negative Sentiment: Several law firms are promoting securities-fraud litigation against Alphabet. The lawsuits allege that Alphabet misrepresented progress on its Gemini 3.5 Pro model before a sharp stock decline. The claims create legal and reputational overhang, although no outcome has been determined. Alphabet securities-fraud class action

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Frances Arnold sold 83 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 441,399 shares of company stock valued at $8,677,053. 11.61% of the stock is owned by insiders.

Alphabet Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.