Causeway Capital Management LLC Has $153.96 Million Position in Alphabet Inc. $GOOG

Causeway Capital Management LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 632,158 shares of the information services provider’s stock after selling 89,388 shares during the period. Alphabet accounts for approximately 2.0% of Causeway Capital Management LLC’s holdings, making the stock its 8th biggest holding. Causeway Capital Management LLC’s holdings in Alphabet were worth $153,962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital Group Investment Management PTE. LTD. lifted its holdings in Alphabet by 3.4% during the 3rd quarter. Capital Group Investment Management PTE. LTD. now owns 46,546 shares of the information services provider’s stock worth $11,336,000 after buying an additional 1,534 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Alphabet by 0.7% in the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider’s stock valued at $7,935,671,000 after buying an additional 223,743 shares during the period. Pinkerton Wealth LLC increased its stake in shares of Alphabet by 17.2% in the 3rd quarter. Pinkerton Wealth LLC now owns 15,747 shares of the information services provider’s stock valued at $3,835,000 after buying an additional 2,310 shares during the period. Banque Cantonale Vaudoise raised its position in shares of Alphabet by 1.8% during the third quarter. Banque Cantonale Vaudoise now owns 92,442 shares of the information services provider’s stock worth $22,514,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Vestcor Inc raised its position in shares of Alphabet by 0.8% during the third quarter. Vestcor Inc now owns 140,119 shares of the information services provider’s stock worth $34,126,000 after acquiring an additional 1,156 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Technical/flow support: MarketBeat says GOOGL has confirmed a major support zone near ~$300 after a 12% pullback, with strong institutional inflows and analyst upgrades that make the recent dip look like a potential long-term entry. GOOGL Pullback Confirms Support, Setting Up a Potential New Entry
• Positive Sentiment: Commercial traction: Reuters/InsiderMonkey reports CVS Health will roll out an AI-enabled customer platform built on Google Cloud — a tangible enterprise win that should boost cloud consumption and revenue visibility. CVS Health To Roll Out AI-enabled Platform With Google Cloud
• Positive Sentiment: Strategic/partner signal: CNBC reports Mandiant founder Kevin Mandia raised $190M for a new AI-cybersecurity startup (Armadin), with some funding coming from the company that sold him to Google — a sign of continued ecosystem investment and Google’s ongoing ties to security/AI startups. Kevin Mandia raised $190 million for Armadin
• Neutral Sentiment: Valuation/coverage context: Market and media pieces (Zacks/Fool) are comparing Alphabet with peers (e.g., Nvidia) and reiterating Alphabet’s diversified revenue mix and long-term AI edge — useful framing but not new catalysts by itself. Nvidia vs. Alphabet: Which Stock Will Make You Richer?
• Negative Sentiment: Supply‑chain/cost risk: TipRanks flags that Nvidia’s high‑bandwidth memory buying spree has created global shortages that could raise costs or constrain Google’s AI hardware spend, a potential margin/headline risk for AI infrastructure. Nvidia’s Memory Shortage Could Cause Google Billions
• Negative Sentiment: Competitive pressure: MarketBeat coverage of Microsoft’s aggressive dual‑model and Anthropic/OpenAI positioning underscores intensifying cloud/AI competition — a reminder Azure is a strong adversary for Google Cloud share gains. Microsoft Positioned to Win AI Race With Dual-Model Strategy
• Negative Sentiment: Governance/headline drag: Recent reports detail approval of a potential $692M CEO pay package tied to Waymo and insider sales by Alphabet’s CEO (~$9.86M sold) — items that can sap sentiment and were linked to small near‑term stock weakness. Alphabet offers CEO pay deal worth up to $692M Alphabet CEO Sells Stock
• Negative Sentiment: Regulatory risk: Yahoo/Reuters coverage of Indonesia’s plan to ban high‑risk digital platforms for children under 16 could create regional regulatory pressure on core ad or platform features if similar rules spread. Indonesia Plans to Ban High-Risk Digital Platforms for Children

Alphabet Stock Up 2.6%

Shares of Alphabet stock opened at $306.01 on Tuesday. The business has a fifty day simple moving average of $320.11 and a 200 day simple moving average of $288.17. The stock has a market cap of $3.70 trillion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $350.15.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. During the same quarter in the prior year, the firm posted $2.15 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. Research analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Analyst Upgrades and Downgrades

GOOG has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $345.00 price objective on shares of Alphabet in a report on Thursday, February 5th. DA Davidson set a $300.00 target price on shares of Alphabet in a research report on Tuesday, November 25th. UBS Group reaffirmed a “neutral” rating and issued a $348.00 target price (up from $345.00) on shares of Alphabet in a research note on Thursday, February 12th. Finally, Wedbush reiterated an “outperform” rating and set a $370.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average price target of $343.90.

Insider Activity

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were 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 directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,112,493 shares of company stock worth $118,605,094 over the last quarter. 12.99% of the stock is owned by insiders.

About Alphabet

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.