Brown Shipley& Co Ltd Has $15.43 Million Stock Position in Alphabet Inc. $GOOG

Brown Shipley& Co Ltd lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 17.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,354 shares of the information services provider’s stock after selling 13,766 shares during the quarter. Alphabet comprises 8.1% of Brown Shipley& Co Ltd’s investment portfolio, making the stock its 3rd biggest holding. Brown Shipley& Co Ltd’s holdings in Alphabet were worth $15,430,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. LVW Advisors LLC boosted its position in shares of Alphabet by 1.2% during the 3rd quarter. LVW Advisors LLC now owns 40,166 shares of the information services provider’s stock valued at $9,782,000 after purchasing an additional 457 shares in the last quarter. Bravias Capital Group LLC lifted its stake in Alphabet by 5.7% in the third quarter. Bravias Capital Group LLC now owns 1,682 shares of the information services provider’s stock valued at $410,000 after buying an additional 90 shares during the period. Wallington Asset Management LLC boosted its holdings in shares of Alphabet by 29.6% during the 3rd quarter. Wallington Asset Management LLC now owns 110,600 shares of the information services provider’s stock worth $26,937,000 after buying an additional 25,244 shares in the last quarter. Continuum Advisory LLC grew its position in shares of Alphabet by 1.1% during the 3rd quarter. Continuum Advisory LLC now owns 17,412 shares of the information services provider’s stock worth $4,241,000 after buying an additional 193 shares during the period. Finally, LifeWealth Investments LLC increased its stake in shares of Alphabet by 2.0% in the 3rd quarter. LifeWealth Investments LLC now owns 5,075 shares of the information services provider’s stock valued at $1,236,000 after acquiring an additional 99 shares in the last quarter. 27.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GOOG shares. Rosenblatt Securities set a $279.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, October 8th. Pivotal Research reaffirmed a “buy” rating and issued a $400.00 target price (up from $350.00) on shares of Alphabet in a research report on Friday, December 5th. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Finally, Oppenheimer raised their price objective on Alphabet from $300.00 to $345.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $313.04.

Alphabet Trading Up 0.5%

GOOG opened at $315.32 on Friday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The firm has a market capitalization of $3.80 trillion, a PE ratio of 31.10, a P/E/G ratio of 1.74 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The company’s 50-day moving average is $302.26 and its 200 day moving average is $244.72.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 EPS. As a group, research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI momentum & monetization — Coverage highlights faster Gemini adoption, stronger YouTube/search integration and improving ad + cloud monetization that underpin revenue upside and multiple expansion. Article
• Positive Sentiment: Analyst and institutional backing — Several firms have raised targets and big holders (including UBS AM and Berkshire additions reported last quarter) continue to build positions, supporting sentiment and limiting downside. Article
• Neutral Sentiment: Options activity/earnings plays — Several retail/strategy pieces outline income and defined‑risk option trades (one‑month OTM puts, butterfly spreads) ahead of earnings; these signal increased short‑term options flow and hedging but not a directional fundamental change. Butterfly spread idea
• Neutral Sentiment: Longer‑term tech positioning — Pieces comparing legacy tech vs. pure‑play quantum note Alphabet as a lower‑risk way to get quantum/AI exposure, which appeals to investors preferring large‑cap stability over speculative small caps. Article
• Negative Sentiment: Insider selling headlines — Recent director and executive stock sales have been reported (SEC filings / press coverage); while routine for executives, high‑profile sell activity can weigh on near‑term sentiment. Article
• Negative Sentiment: Regulatory / lobbying overhang — New lobbying disclosures and reports of DOJ interest in company practices are drawing attention; escalation of enforcement or broad probes would increase volatility and could pressure multiples. Article

Insiders Place Their Bets

In other Alphabet news, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Monday, December 15th. The shares were sold at an average price of $308.19, for a total transaction of $184,914.00. Following the transaction, the director directly owned 3,916 shares of the company’s stock, valued at $1,206,872.04. The trade was a 13.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 195,465 shares of company stock worth $57,056,497 in the last three months. 12.99% of the stock is owned by corporate insiders.

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.