Bank Julius Baer & Co. Ltd Zurich Buys 11,351 Shares of Alphabet Inc. $GOOGL

Key Points

• Bank Julius Baer increased its Alphabet stake by 11,351 shares (0.2%) in the third quarter, bringing its holdings to 6.26 million shares worth about $2.15 billion. Alphabet represents 5.5% of the firm’s portfolio and is its second-largest position.
• Other major institutional investors also added shares, including State Street, Amundi and Mitsubishi UFJ; institutional investors and hedge funds collectively own about 40% of Alphabet.
• Alphabet’s latest developments are mixed: Google expanded its AI-chip lineup to compete with Nvidia, while Waymo faces a federal probe over school-bus safety. The company also recently missed quarterly earnings expectations, reporting $2.12 per share versus a $3.02 consensus.

Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,257,168 shares of the information services provider's stock after purchasing an additional 11,351 shares during the quarter. Alphabet accounts for about 5.5% of Bank Julius Baer & Co. Ltd Zurich's investment portfolio, making the stock its 2nd biggest position. Bank Julius Baer & Co. Ltd Zurich owned about 0.05% of Alphabet worth $2,149,428,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in GOOGL. State Street Corp raised its stake in shares of Alphabet by 5.6% in the second 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 in the last quarter. Amundi boosted its stake in Alphabet by 4.6% during the second 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Alphabet by 10.1% during 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 buying an additional 1,631,721 shares in the last quarter. Swiss National Bank increased its holdings in Alphabet by 7.1% in 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 during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Alphabet by 90.9% in the 1st 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 buying an additional 8,112,680 shares during the period. Institutional investors and hedge funds own 40.03% of the company's stock.

Key Alphabet News

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

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred 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 sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 247 shares of company stock valued at $79,238. 11.61% of the stock is owned by insiders.

Alphabet Stock Up 1.2%

Shares of NASDAQ:GOOGL opened at $288.15 on Tuesday. The company's fifty day moving average is $331.76 and its 200-day moving average is $338.77. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61. The company has a market capitalization of $3.52 trillion, a PE ratio of 15.04, a P/E/G ratio of 0.87 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly 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). The firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Equities research analysts predict that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GOOGL. Susquehanna reduced their price objective on shares of Alphabet from $460.00 to $400.00 and set a "positive" rating for the company in a report on Thursday, October 29th. Sanford C. Bernstein reissued a "market perform" rating and issued a $325.00 target price (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Barclays reissued an "overweight" rating and issued a $405.00 price target (down from $425.00) on shares of Alphabet in a research report on Thursday, October 29th. Piper Sandler set a $345.00 price target on shares of Alphabet and gave the stock an "overweight" rating in a research note on Thursday, October 29th. Finally, UBS Group set a $332.00 price objective on Alphabet and gave the company a "neutral" rating in a report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has an average rating of "Buy" and a consensus target price of $412.51.

Alphabet Company 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.

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