Mendel Money Management Has $6.98 Million Stock Holdings in Alphabet Inc. $GOOG

Mendel Money Management lessened its position in Alphabet Inc. (NASDAQ:GOOG) by 10.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,657 shares of the information services provider’s stock after selling 3,395 shares during the period. Alphabet makes up 2.9% of Mendel Money Management’s holdings, making the stock its 3rd largest position. Mendel Money Management’s holdings in Alphabet were worth $6,979,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. University of Illinois Foundation bought a new stake in Alphabet in the second quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new position in shares of Alphabet in the 3rd quarter worth approximately $32,000. Horrell Capital Management Inc. raised its holdings in shares of Alphabet by 100.0% in the 2nd quarter. Horrell Capital Management Inc. now owns 200 shares of the information services provider’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter. Tripletail Wealth Management LLC acquired a new stake in Alphabet during the third quarter valued at approximately $40,000. Finally, Decker Retirement Planning Inc. boosted its holdings in Alphabet by 60.9% during the second quarter. Decker Retirement Planning Inc. now owns 251 shares of the information services provider’s stock worth $45,000 after buying an additional 95 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Barclays boosted their target price on Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Pivotal Research reissued a “buy” rating and issued a $420.00 price target (up previously from $400.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $360.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $343.90.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street bullishness: Several firms (Wells Fargo, Mizuho and others) have upgraded or reiterated bullish ratings and raised price targets (median ~ $370, multiple targets much higher), supporting upside expectations for ad/Gemini growth. ‘Time to Get More Constructive,’ Says Wells Fargo on Alphabet Stock (GOOGL)
• Positive Sentiment: Partnerships expand commercial reach: Alphabet struck a collaboration with Loblaw in Canada to embed Google shopping/AI capabilities, widening retail monetization touchpoints outside core U.S. markets. Alphabet Inc. (GOOGL): Loblaw Companies Limited Enters into New Collaboration
• Positive Sentiment: Product momentum in AI: Google launched Lyria 3 (DeepMind music-generation) in beta inside the Gemini app, showing ongoing product expansion that can drive engagement and new use cases for monetization. Alphabet (GOOGL) Expands AI Reach Amid Market Debate
• Neutral Sentiment: Industry capex context: Bridgewater estimates Big Tech will invest roughly $650B in AI infrastructure in 2026 — a sector-wide capital cycle that helps explain Alphabet’s spending plans but also signals competitive pressure on margins and suppliers. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Neutral Sentiment: Debate over AI capex sustainability: Social and industry commentary highlights that Alphabet is funding massive AI buildouts internally (versus peers using debt), creating long-term strategic advantages for suppliers but stirring free-cash-flow and energy-demand concerns. Alphabet Stock (GOOGL) Opinions on AI Infrastructure Expansion
• Negative Sentiment: Capex and cash-flow anxiety: Several pieces (and investor chatter) point to aggressive AI spending that could pressure free cash flow in 2026 — a headline driver that has weighed on the stock despite Alphabet’s large backlog and revenue growth. Alphabet: Don’t Let The CapEx Scare You Away From A $240B Backlog
• Negative Sentiment: Insider selling and governance headlines: Recent large insider sales (including CEO transactions reported) add short-term selling pressure and raise governance/optics concerns for some investors. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $9,877,400.00 in Stock
• Negative Sentiment: Accounting scrutiny: High-profile skepticism (e.g., Michael Burry commentary) accusing Big Tech of using accounting/depreciation to mask AI costs is adding reputational and analytical headwinds that can amplify volatility. Michael Burry Warns MSFT, GOOG, META Are Using ‘Sinister’ Accounting

Insider Buying and Selling

In related news, insider John Kent Walker sold 47,574 shares of Alphabet stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. This trade represents a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,112,482 shares of company stock worth $119,145,289. Insiders own 12.99% of the company’s stock.

Alphabet Stock Down 1.0%

Shares of Alphabet stock opened at $311.69 on Tuesday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $350.15. The company has a market cap of $3.77 trillion, a P/E ratio of 28.83, a P/E/G ratio of 1.85 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average price of $321.00 and a 200 day moving average price of $280.89.

Alphabet (NASDAQ:GOOG) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. The company had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 EPS. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Alphabet Company 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.