Mather Group LLC. Acquires 47,468 Shares of Alphabet Inc. $GOOG

Mather Group LLC. boosted its holdings in Alphabet Inc. (NASDAQ:GOOG) by 58.6% during the 3rd quarter, Holdings Channel reports. The firm owned 128,469 shares of the information services provider’s stock after acquiring an additional 47,468 shares during the period. Mather Group LLC.’s holdings in Alphabet were worth $43,775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hudock Inc. grew its holdings in Alphabet by 3.4% during the third quarter. Hudock Inc. now owns 6,849 shares of the information services provider’s stock valued at $2,334,000 after purchasing an additional 228 shares during the period. West Wealth Group LLC increased its position in Alphabet by 2,466.8% in the third quarter. West Wealth Group LLC now owns 72,999 shares of the information services provider’s stock worth $24,874,000 after buying an additional 70,155 shares during the last quarter. First Pacific Financial increased its position in Alphabet by 1.8% in the third quarter. First Pacific Financial now owns 6,734 shares of the information services provider’s stock worth $2,294,000 after buying an additional 119 shares during the last quarter. Reliant Investment Management LLC purchased a new stake in Alphabet in the third quarter worth $257,000. Finally, Myecfo LLC raised its stake in shares of Alphabet by 1.0% in the third quarter. Myecfo LLC now owns 10,881 shares of the information services provider’s stock valued at $3,707,000 after buying an additional 111 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following 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 disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 420,865 shares of company stock worth $8,293,477. 12.99% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on GOOG. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research report on Thursday, July 23rd. KeyCorp reiterated an “overweight” rating and set a $435.00 price target on shares of Alphabet in a research note on Thursday, October 1st. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating and cut their price target for the stock from $450.00 to $425.00 in a research note on Monday, July 27th. Raymond James Financial reissued a “strong-buy” rating on shares of Alphabet in a report on Thursday, July 23rd. Finally, Pivotal Research boosted their price objective on Alphabet from $470.00 to $475.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $422.10.

Alphabet Stock Up 0.4%

GOOG opened at $344.91 on Friday. The company has a 50 day moving average of $341.41 and a 200 day moving average of $348.88. The company has a market cap of $4.22 trillion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 1.00 and a beta of 1.19. Alphabet Inc. has a 12 month low of $244.67 and a 12 month high of $404.47. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same period in the previous year, the business earned $2.31 EPS. Alphabet’s revenue was up 24.2% compared to the same quarter last year. On average, sell-side analysts expect that Alphabet Inc. will post 20.54 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: JPMorgan raised its price target to $425 from $420 and maintained an Overweight rating. The firm cited sustained Google Cloud growth and Alphabet’s ability to remain competitive in artificial intelligence. Alphabet Stocks Rise as JPMorgan Lifts Target on Cloud Growth
• Positive Sentiment: Alphabet continues to generate positive AI momentum. Gemini 4 Argon reportedly scored highly on accounting and enterprise benchmarks, while Google demonstrated a quantum-computing technique that could reduce errors significantly. These developments support the company’s positioning against OpenAI, Anthropic and other rivals. Gemini 4 Argon Accounting Benchmark
• Positive Sentiment: New commercial initiatives—including Google’s Universal Cart shopping tool, a multiyear AI partnership with CNN and potential YouTube audiobook offerings—could broaden monetization across Search, Gemini and YouTube. Google Universal Cart Launch
• Neutral Sentiment: Investors are looking ahead to Alphabet’s upcoming earnings, with analysts generally bullish on AI and cloud growth. However, the company’s substantial data-center and AI infrastructure spending raises questions about near-term free cash flow and returns on capital. Alphabet Q3 Preview
• Negative Sentiment: Multiple law firms are promoting a securities class action alleging that Alphabet failed to disclose disappointing Gemini training results. The repeated notices and December lead-plaintiff deadline create a reputational and potential litigation overhang, although they do not represent new operating results. Alphabet Securities Fraud Lawsuit
• Negative Sentiment: Google warned that suspected China-linked hackers may exploit a vulnerability in BeyondTrust software, adding cybersecurity and trust concerns. Separately, renewed fears over stretched AI valuations and competition for digital advertising could limit further gains. Google Warns of BeyondTrust Exploitation Risk

About Alphabet

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.