Mirae Asset Global Investments Co. Ltd. Buys 4,687,002 Shares of Alphabet Inc. $GOOGL

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 4,687,002 shares of the information services provider’s stock, valued at approximately $1,612,704,000. Alphabet makes up about 2.9% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 5th biggest holding.

Other large investors have also added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after purchasing an additional 12,718,127 shares during the period. Amundi boosted its holdings in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after buying an additional 1,457,371 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Alphabet by 10.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock worth $6,334,186,000 after acquiring an additional 1,631,721 shares during the period. Swiss National Bank grew its holdings in Alphabet by 7.1% during the 1st quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock valued at $4,911,467,000 after buying an additional 1,139,400 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Alphabet by 90.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after acquiring an additional 8,112,680 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders sold 247 shares of company stock worth $79,238. Company insiders own 11.61% of the company’s stock.

Alphabet Price Performance

Shares of GOOGL stock opened at $288.15 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a market capitalization of $3.52 trillion, a P/E ratio of 15.04, a P/E/G ratio of 0.87 and a beta of 1.23. The company’s 50-day simple moving average is $331.76 and its two-hundred day simple moving average is $338.77. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The company had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is 4.59%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
• Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

Analyst Ratings Changes

A number of analysts have issued reports on GOOGL shares. Benchmark reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, October 1st. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. UBS Group set a $332.00 price objective on Alphabet and gave the company a “neutral” rating in a report on Thursday, October 29th. Tigress Financial reaffirmed a “strong-buy” rating and issued a $485.00 price objective (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Finally, Yorkville Ives started coverage on Alphabet in a research report on Monday, October 5th. They issued an “outperform” rating and a $400.00 price objective on the stock. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $412.51.

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.