Alphabet Inc. $GOOGL is Korea Investment CORP’s 6th Largest Position

Korea Investment CORP decreased its position in Alphabet Inc. (NASDAQ:GOOGL) by 2.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,130,545 shares of the information services provider’s stock after selling 112,319 shares during the period. Alphabet makes up approximately 2.8% of Korea Investment CORP’s holdings, making the stock its 6th biggest position. Korea Investment CORP’s holdings in Alphabet were worth $1,476,133,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the fourth quarter worth approximately $32,000. EMC Capital Management bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet in the 4th quarter worth approximately $38,000. Bard Associates Inc. purchased a new position in Alphabet in the 4th quarter worth approximately $52,000. Finally, iSAM Funds UK Ltd bought a new position in Alphabet in the 3rd quarter valued at approximately $53,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GOOGL has been the topic of several recent analyst reports. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. HSBC reaffirmed a “buy” rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Tuesday, June 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $420.19.

Alphabet Stock Performance

Shares of GOOGL opened at $338.46 on Friday. The firm has a market capitalization of $4.14 trillion, a P/E ratio of 17.00, a PEG ratio of 0.98 and a beta of 1.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a one year low of $231.90 and a one year high of $408.61. The business has a fifty day moving average of $349.02 and a 200 day moving average of $342.61.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, sell-side analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue growth and expanding margins continue to support Alphabet’s AI investment strategy. Supporters argue that cloud growth—reportedly up 82% year over year—could eventually justify the company’s much higher spending. Google Cloud growth article
• Positive Sentiment: A federal judge rejected a forced breakup of Google’s ad-tech business, limiting the immediate structural risk to Alphabet. The company will instead face behavioral remedies, although the ad-network business recently contracted. Google ad-business ruling
• Positive Sentiment: New AI features in Gmail, Docs and Keep, along with continued Gemini development, could improve user engagement and strengthen Alphabet’s competitive position in generative AI. Rosenblatt also reaffirmed a buy rating with a $410 price target. Google AI product launch
• Neutral Sentiment: Alphabet will pay a quarterly dividend of $0.22 per share on September 14 to shareholders of record on September 4, providing a modest income component but unlikely to materially change the investment case. Alphabet dividend article
• Negative Sentiment: Alphabet raised 2026 capital-spending guidance to approximately $195 billion–$205 billion. Second-quarter free cash flow turned negative as capital expenditures reached $44.9 billion, raising concerns that AI infrastructure spending may take years to generate adequate returns. Alphabet cloud margins and AI spending
• Negative Sentiment: Investors are also concerned about execution: Gemini 3.5 Pro reportedly remained delayed, while the company faces multiple securities-fraud investigations and continued scrutiny over its ad-tech practices. These issues add legal and competitive risk to an already expensive AI buildout. Gemini delay article

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director directly owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Walker sold 8,998 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares in the company, valued at $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 451,925 shares of company stock worth $12,371,544. 11.61% of the stock is owned by corporate insiders.

About Alphabet

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.