Vaughan Nelson Investment Management, L.P. 13F: Cuts GOOGL Stake by $49M

Vaughan Nelson Investment Management, L.P. reduced its position in Alphabet Inc. (NASDAQ: GOOGL) by 14.3% during the first part of 2026. According to the firm's latest 13F filing with the SEC on April 16, 2026, the fund sold 138,749 shares of the tech giant. This move left the investment firm with 832,437 shares in its portfolio, representing a total value of approximately $296.8 million.

This filing provides a look back at the fund's holdings for the reporting period and does not necessarily represent what the firm holds today. Vaughan Nelson, known for its value-driven approach, had 971,186 shares before this reduction. This trade follows other recent activity from institutional investors in Alphabet, including B. Riley Wealth Advisors and First Citizens Bank & Trust, both of which recently increased their stakes by 39% and 86.7%, respectively.

Alphabet shares were trading at $356.6 on Saturday. The stock is currently priced between its 52-week low of $244.15 and its 52-week high of $408.61. Alphabet has a price-to-earnings (P/E) ratio of 17.5, which measures its current share price against its per-share earnings. The stock is currently trading slightly above its 200-day moving average, a common metric used to track long-term price trends.

Recent Earnings

Alphabet continues to show high profitability in its financial results. The company reported annual revenue of $445.87 billion, showing growth of 24.2% over the previous year. Its net margin—the percentage of revenue left as profit—sits at a healthy 54.77%, and its return on equity reached 48.76%. Earnings per share (EPS) for the period were $19.93. Investors are looking toward October 28, 2026, when the company is expected to release its next quarterly results.

Dividend

Alphabet pays an annual dividend of $0.80 per share, which gives the stock a dividend yield of 0.25%. The company maintains a conservative payout ratio of 4.3%, meaning it uses only a small fraction of its earnings to cover these payments to shareholders.

Insider Buying and Selling at Alphabet Inc.

Several top executives were active in the market on June 25, 2026. CEO Sundar Pichai sold 3,702 shares at a price of $345.04, a transaction valued at $1.28 million. Vice President Marsida Saraci also sold 453 shares at that same price. On the same day, Chief Business Officer Philipp Schindler and President Ruth Porat both acquired shares, with Schindler adding 13,433 shares and Porat adding 10,625 shares.

Analysts Set New Price Targets

Financial analysts have remained largely positive on Alphabet's prospects. On October 15, 2026, JP Morgan maintained its Overweight rating and lifted its price target to $425.00. UBS kept a Neutral rating on October 14, 2026, with a $380.00 target. Other firms like Cantor Fitzgerald and Needham have reiterated Overweight and Buy ratings, with targets of $420.00 and $450.00. Currently, 54 analysts cover the stock with a consensus of "strong buy" and an average target price of $430.51.

About Alphabet Inc.

Alphabet is the parent company of Google and a leader in the global digital economy. The company makes most of its money through advertising on Google Search and YouTube, but it has grown significantly in other areas. Its Google Cloud segment provides essential infrastructure and artificial intelligence tools for businesses, while its "Other Bets" division explores long-term projects like self-driving cars and internet services.

Investors should keep an eye on the upcoming October 28 earnings date and future 13F filings to see if Vaughan Nelson or other major funds continue to adjust their positions in the search giant. It is important to remember that these regulatory filings are delayed reports and only show a snapshot of past activity.