Sumitomo Mitsui DS Asset Management Company 13F: Adds $3.4M to GOOG Stake

Sumitomo Mitsui DS Asset Management Company grew its stake in Alphabet Inc. (Nasdaq: GOOG) by 1.25% during the third quarter, according to a Form 13F filed with the SEC on October 20, 2026. The fund purchased an additional 10,102 shares to bring its total ownership to 815,469 shares. That position carried an estimated value of $277,862,907 at the time of the filing.

GOOG Alphabet Inc.

$340.16 ▲ +8.09% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in Sumitomo Mitsui DS Asset Management's Alphabet Position

The institutional investor lifted its holdings from a previous total of 805,367 shares up to 815,469 shares. The net addition of 10,102 shares represents a 1.2% bump for the portfolio. Alphabet shares closed at $336.40 on the filing date.

Alphabet Inc. Stock Down 0.2%

Alphabet shares recently traded around $336.37 as of October 21, 2026, putting the price nearly equal to its previous close of $336.40. The stock sits below its 50-day moving average of $341.18 and its 200-day moving average of $339.26. Over the past year, the technology giant has traded as low as $244.67 and as high as $404.47.

Recent Earnings

Alphabet posted trailing twelve-month revenue of $445.86 billion and earnings of $19.93 per share. The company generated a net profit margin of 54.8% and a return on equity of 48.7%. Investors will look toward the next quarterly earnings release scheduled for October 28, 2026.

Dividend

Alphabet pays an annual dividend rate of $0.88 per share, giving investors a dividend yield of 0.26%. The payout ratio sits at 4.3% of earnings.

Insider Buying and Selling at Alphabet Inc.

Company insiders executed several stock transactions ahead of the filing. Officer Marsida Saraci sold 449 shares on July 29, 2026, at an average price of $333.20 for a total value of $149,607. Director Frances H. Ph.D. Arnold sold 82 shares on July 30, 2026, at an average price of $333.39 worth $27,338. The director later sold another 82 shares on August 28, 2026, at $337.71 per share for a total of $27,692.

Analysts Set New Price Targets

Research firms adjusted their outlooks on the tech giant through the summer and fall. JP Morgan maintained an overweight rating on July 23, 2026, with a target price of $420.00, down from $460.00 previously. TD Cowen reiterated a buy rating on July 23, 2026, keeping its target at $475.00, and maintained the buy rating with a $485.00 target on October 8, 2026. UBS maintained a neutral rating on October 14, 2026, raising its target to $380.00 from $379.00. JP Morgan later maintained an overweight rating on October 15, 2026, while adjusting its target to $425.00 from $420.00.

About Alphabet Inc.

Alphabet operates as the parent company of Google, housing a vast ecosystem of search engines, digital advertising networks, cloud computing services, operating systems, and consumer hardware. Its major revenue drivers span online advertising, Android software, YouTube video streaming, and enterprise cloud infrastructure.

Bottom Line

Market participants will track upcoming earnings results on October 28, 2026, alongside ongoing institutional filings to gauge momentum for the communication services leader.