Cliftonlarsonallen Wealth Advisors LLC Invests $559,000 in Verizon Communications Inc. $VZ

Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Verizon Communications Inc. (NYSE:VZFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,730 shares of the cell phone carrier’s stock, valued at approximately $559,000.

Other large investors have also recently added to or reduced their stakes in the company. Hudock Inc. raised its stake in shares of Verizon Communications by 0.6% in the 2nd quarter. Hudock Inc. now owns 39,842 shares of the cell phone carrier’s stock valued at $1,724,000 after purchasing an additional 238 shares in the last quarter. Wright Investors Service Inc. increased its holdings in Verizon Communications by 1.2% in the second quarter. Wright Investors Service Inc. now owns 21,255 shares of the cell phone carrier’s stock valued at $920,000 after buying an additional 243 shares during the last quarter. McLean Asset Management Corp raised its stake in Verizon Communications by 2.9% during the third quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock valued at $355,000 after buying an additional 243 shares in the last quarter. Red Spruce Capital LLC lifted its holdings in Verizon Communications by 0.3% during the 3rd quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after buying an additional 246 shares during the last quarter. Finally, Camden National Bank lifted its holdings in Verizon Communications by 4.6% during the 2nd quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock worth $245,000 after buying an additional 248 shares during the last quarter. 62.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VZ. Wall Street Zen downgraded Verizon Communications from a “buy” rating to a “hold” rating in a report on Friday, September 26th. BNP Paribas Exane lowered shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 target price for the company. in a research note on Tuesday, October 21st. Royal Bank Of Canada reduced their price target on shares of Verizon Communications from $46.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 30th. JPMorgan Chase & Co. lowered their price objective on shares of Verizon Communications from $49.00 to $47.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings lowered shares of Verizon Communications from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Verizon Communications has an average rating of “Moderate Buy” and a consensus target price of $47.47.

Get Our Latest Report on Verizon Communications

Verizon Communications News Roundup

Here are the key news stories impacting Verizon Communications this week:

  • Positive Sentiment: Verizon launched a 5G Network Slice offering (5G Network Slice Enhanced Internet) that targets enterprise AI, cloud and high‑uplink use cases; this product could drive higher‑value enterprise revenue and differentiate VZ in 5G services. VZ Introduces 5G Network Slice Solution
  • Positive Sentiment: Large institutional buying (notably UBS and other asset managers added meaningful VZ positions in Q3) supports demand for the stock and signals confidence from major investors; that underpins the share price even as fundamentals are repriced. Verizon Communications Stock Opinions
  • Neutral Sentiment: Debate continues over Verizon’s $20B Frontier acquisition — some market participants see upside if it clears regulators, while others flag execution and approval risk; outcome will materially affect future growth expectations. Verizon Communications Stock Opinions
  • Neutral Sentiment: VZ is a trending ticker and analysts remain divided — some firms maintain buy ratings and $44–$51 price targets, keeping the stock on investors’ radars. VZ Is a Trending Stock
  • Negative Sentiment: Analysts at Zacks trimmed multiple near‑term and multi‑year EPS forecasts (Q4 2025/Q4 2026, FY2025–FY2027), signaling slightly weaker profitability expectations that can pressure the stock ahead of results.
  • Negative Sentiment: Street previews point to a single‑digit profit decline in the upcoming fiscal Q4 report, raising the risk of downside surprise at the next earnings release. What to Expect From Verizon’s Next Earnings
  • Negative Sentiment: Reports of ~15,000 planned job cuts as part of restructuring are fueling concerns about execution risk, service disruption and negative PR — a factor that could weigh on sentiment if widely reported. Verizon Communications Stock Opinions

Verizon Communications Price Performance

NYSE VZ opened at $39.96 on Wednesday. The company has a 50-day moving average price of $40.37 and a two-hundred day moving average price of $42.07. Verizon Communications Inc. has a 52 week low of $37.58 and a 52 week high of $47.35. The stock has a market cap of $168.47 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 3.57 and a beta of 0.33. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 1.19.

Verizon Communications (NYSE:VZGet Free Report) last released its quarterly earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.02. Verizon Communications had a return on equity of 19.31% and a net margin of 14.43%.The company had revenue of $33.82 billion for the quarter, compared to analysts’ expectations of $34.19 billion. During the same quarter in the previous year, the company posted $1.19 earnings per share. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. Analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Monday, January 12th. Verizon Communications’s payout ratio is 58.97%.

Verizon Communications Profile

(Free Report)

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.

Further Reading

Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZFree Report).

Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

Receive News & Ratings for Verizon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications and related companies with MarketBeat.com's FREE daily email newsletter.