HughesLittle Investment Management Ltd. Decreases Stock Holdings in Alphabet Inc. $GOOGL

Posted by Francis Steltz on Jun 23rd, 2026

HughesLittle Investment Management Ltd. trimmed its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 11.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 157,405 shares of the information services provider’s stock after selling 20,278 shares during the period. Alphabet comprises approximately 8.2% of HughesLittle Investment Management Ltd.’s holdings, making the stock its 7th largest holding. HughesLittle Investment Management Ltd.’s holdings in Alphabet were worth $49,268,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new position in Alphabet in the fourth quarter valued at approximately $32,000. EMC Capital Management acquired a new position in Alphabet in the fourth quarter valued at about $33,000. PMV Capital Advisers LLC acquired a new position in shares of Alphabet in the 4th quarter valued at approximately $38,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Alphabet in the fourth quarter valued at approximately $38,000. Finally, Bard Associates Inc. bought a new position in Alphabet during the 4th quarter worth about $52,000. Institutional investors own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 160,516 shares of company stock worth $7,344,604. 11.61% of the stock is currently owned by insiders.

Alphabet Stock Performance

Alphabet stock opened at $349.68 on Tuesday. The business’s 50-day moving average price is $367.66 and its two-hundred day moving average price is $332.31. The stock has a market cap of $4.24 trillion, a PE ratio of 26.67, a P/E/G ratio of 1.57 and a beta of 1.23. Alphabet Inc. has a 12-month low of $162.00 and a 12-month high of $408.61. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL – Get Free Report) 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 business 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, analysts expect that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s payout ratio is currently 6.71%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet and DeepMind announced a new AI research partnership with film studio A24, including about $75 million of investment, showing continued efforts to commercialize AI in creative tools. Google DeepMind signs AI research deal with film studio A24
Positive Sentiment: Some analysts remain constructive on Alphabet’s AI spending, arguing that its cloud growth and AI investments could still be monetized over time. Morgan Stanley sees monetization potential in Google AI spending
Neutral Sentiment: Alphabet’s cloud business continues to grow quickly and remains a key long-term driver, but heavy AI spending is also increasing near-term cost concerns. Is Alphabet the Best “Magnificent Seven” AI Stock?
Negative Sentiment: Alphabet stock is falling more than the broader market as investors worry about a high-profile AI talent exodus from Google DeepMind and Gemini leadership. Alphabet paces for worst day in a year on AI concerns after high-profile exits
Negative Sentiment: Reports that Google DeepMind scientist John Jumper left for Anthropic added to fears that Alphabet is losing key AI researchers to competitors. Alphabet Is Now Cheaper Than What Berkshire Paid
Negative Sentiment: Waymo’s recall of 3,871 robotaxis after a software glitch is another reminder that Alphabet’s autonomy business still faces execution risk. Waymo Just Recalled 3,800 Robotaxis. Is Google’s Self-Driving Dream Hitting a Wall?

Analysts Set New Price Targets

Several equities analysts have recently weighed in on GOOGL shares. Stifel Nicolaus set a $420.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research note on Thursday, April 30th. Barclays reiterated a “buy” rating on shares of Alphabet in a report on Friday, May 29th. Arete Research upped their price objective on shares of Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a report on Monday, May 18th. Wolfe Research decreased their target price on Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a research report on Friday, April 10th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Alphabet in a research report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $413.13.

Get Our Latest Research Report on Alphabet

Alphabet Company Profile

(Free Report)

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.