Mirae Asset Global Investments Co. Ltd. Acquires 179,979 Shares of Alphabet Inc. $GOOGL

Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,167,830 shares of the information services provider’s stock after acquiring an additional 179,979 shares during the quarter. Alphabet comprises 3.2% of Mirae Asset Global Investments Co. Ltd.’s holdings, making the stock its 7th largest holding. Mirae Asset Global Investments Co. Ltd.’s holdings in Alphabet were worth $1,013,199,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GOOGL. Norges Bank acquired a new position in Alphabet in the second quarter valued at about $21,944,208,000. Laurel Wealth Advisors LLC raised its stake in shares of Alphabet by 17,667.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after acquiring an additional 15,159,273 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after acquiring an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Alphabet by 201.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after purchasing an additional 4,374,542 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Wells Fargo & Company set a $354.00 target price on Alphabet and gave the company an “equal weight” rating in a research report on Thursday, February 5th. KeyCorp set a $370.00 target price on Alphabet and gave the company an “overweight” rating in a report on Thursday, February 5th. CICC Research lifted their target price on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Moffett Nathanson increased their price target on shares of Alphabet from $305.00 to $350.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Evercore reissued an “outperform” rating and issued a $400.00 price objective (up previously from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus price target of $361.64.

Alphabet Stock Down 2.4%

Shares of NASDAQ:GOOGL opened at $310.96 on Thursday. The firm’s 50 day moving average price is $321.68 and its 200 day moving average price is $273.37. The stock has a market cap of $3.75 trillion, a price-to-earnings ratio of 28.77, a price-to-earnings-growth ratio of 1.75 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. 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 (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the completion of the sale, the director directly owned 18,307 shares of the company’s stock, valued at $6,224,380. The trade was a 0.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total value of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares of the company’s stock, valued at approximately $730,481,906.96. This represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,067,086 shares of company stock valued at $105,184,255 over the last 90 days. 11.64% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple firms raised price targets and maintained buy ratings (Arete to $405, New Street to $380, President Capital to $375, Daiwa to $380), which supports upside expectations from analysts. Arete Research price target New Street Research price target
• Positive Sentiment: EU antitrust regulators gave unconditional approval for Google’s $32B Wiz cybersecurity acquisition, removing a major regulatory overhang on the deal. Reuters: Wiz approval
• Positive Sentiment: Google is testing new shopping ad formats inside Search AI mode and Gemini, which could expand high-margin ad inventory and diversify monetization. PYMNTS: Shopping feature
• Positive Sentiment: Google participated in a large funding round for humanoid robotics startup Apptronik, signaling continued strategic investment in robotics/AI ecosystems. Reuters: Apptronik funding
• Neutral Sentiment: JPMorgan reiterated a Buy and other outlets (Zacks, CNBC coverage) continue to highlight Alphabet as a structural AI/cloud beneficiary — supporting longer-term conviction even as near-term volatility persists. JPMorgan reiteration
• Negative Sentiment: Alphabet significantly increased bond issuance (initial $20B, later reports of >$30B) and is pursuing very long-dated debt (reports of 100‑year paper) to fund massive AI infrastructure and acquisitions — investors worry this signals heavy near-term cash burn and margin pressure from capex. Reuters: $20B bonds WSJ: 100-year bond
• Negative Sentiment: High-profile criticism and skepticism surfaced (e.g., Michael Burry commentary, media pieces suggesting 100‑year bonds reflect risk), amplifying investor concern about the financing move. Finbold: Burry comment
• Negative Sentiment: Privacy/regulatory headlines: report that Google handed personal and financial data of a student-journalist to ICE, plus an EU publishers’ complaint over AI Overviews, raise legal/regulatory risk that could pressure reputational and compliance costs. TechCrunch: data to ICE Reuters: publishers complaint

Alphabet Company Profile

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.