Alphabet Inc. $GOOG Stock: Mawer Investment Management Ltd. Cuts Position

Mawer Investment Management Ltd. trimmed its stake in Alphabet Inc. (NASDAQ:GOOG) by 13.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,323,254 shares of the information services provider’s stock after selling 358,827 shares during the period. Alphabet accounts for 5.8% of Mawer Investment Management Ltd.’s portfolio, making the stock its largest position. Mawer Investment Management Ltd.’s holdings in Alphabet were worth $791,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in GOOG. Morton Brown Family Wealth LLC grew its stake in Alphabet by 135.5% in the third quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 42 shares during the last quarter. Castlekeep Investment Advisors LLC bought a new position in Alphabet in the second quarter worth about $29,000. Livelsberger Financial Advisory bought a new position in Alphabet in the third quarter worth about $37,000. Toth Financial Advisory Corp bought a new position in Alphabet in the second quarter worth about $41,000. Finally, Timbuktu Capital Management LLC bought a new position in Alphabet in the second quarter worth about $46,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Alphabet News

These are some of the GOOG news items that stood out recently:

• Positive Sentiment: Nvidia CEO Jensen Huang’s abrupt departure has investors considering alternatives to Nvidia. Alphabet could benefit through its TPUs; reports say nearly 100 customers use Google’s custom AI chips, and HSBC has set a $360 price target. Any market-share gains remain prospective. Article
• Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article
• Negative Sentiment: Alphabet’s planned AI infrastructure spending—reported at up to $205 billion this year—could weigh on returns if growth does not justify the cost. A separate lawsuit seeking to halt frontier-AI development also adds regulatory uncertainty. Article

Analyst Upgrades and Downgrades

GOOG has been the subject of several analyst reports. Piper Sandler reissued an “overweight” rating and set a $345.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating and cut their price objective for the stock from $450.00 to $425.00 in a research report on Monday, July 27th. Barclays reaffirmed an “overweight” rating on shares of Alphabet in a research report on Thursday, October 29th. Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company set a $365.00 target price on shares of Alphabet in a research report on Monday, November 2nd. Six analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $413.38.

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 247 shares of company stock valued at $79,238. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Down 1.0%

NASDAQ:GOOG traded down $2.83 during mid-day trading on Friday, hitting $292.52. 18,439,258 shares of the company’s stock traded hands, compared to its average volume of 26,699,732. The company has a fifty day moving average of $325.11 and a 200 day moving average of $335.97. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The company has a market capitalization of $3.60 trillion, a P/E ratio of 15.27, a P/E/G ratio of 0.90 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same period in the prior year, the business posted $2.87 EPS. Alphabet’s revenue was up 24.7% compared to the same quarter last year. On average, analysts forecast that Alphabet Inc. will post 19.74 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Alphabet Company Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.