Farther Finance Advisors LLC lifted its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 24.5% during the third quarter, Holdings Channel.com reports. The firm owned 148,681 shares of the cell phone carrier’s stock after buying an additional 29,258 shares during the period. Farther Finance Advisors LLC’s holdings in Verizon Communications were worth $6,535,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of VZ. Norges Bank bought a new position in Verizon Communications in the 2nd quarter valued at $2,504,150,000. Acadian Asset Management LLC lifted its stake in shares of Verizon Communications by 301.2% during the first quarter. Acadian Asset Management LLC now owns 8,504,920 shares of the cell phone carrier’s stock valued at $385,750,000 after acquiring an additional 6,385,197 shares during the period. Vanguard Group Inc. lifted its stake in shares of Verizon Communications by 1.3% during the second quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock valued at $16,130,494,000 after acquiring an additional 4,615,075 shares during the period. State Street Corp boosted its holdings in Verizon Communications by 2.1% in the second quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock valued at $9,009,388,000 after acquiring an additional 4,205,449 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in Verizon Communications by 21.5% in the second quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock worth $915,552,000 after purchasing an additional 3,743,892 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.
Key Verizon Communications News
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 Trading Down 0.1%
Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The cell phone carrier reported $1.21 EPS for the quarter, topping the consensus estimate of $1.19 by $0.02. The business had revenue of $33.82 billion for the quarter, compared to the consensus estimate of $34.19 billion. Verizon Communications had a return on equity of 19.31% and a net margin of 14.43%.The firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.19 EPS. Equities research analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current year.
Verizon Communications Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Monday, January 12th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.9%. Verizon Communications’s dividend payout ratio (DPR) is currently 58.97%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on VZ shares. BNP Paribas Exane lowered shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research note on Tuesday, October 21st. BNP Paribas lowered shares of Verizon Communications from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Morgan Stanley reduced their price objective on shares of Verizon Communications from $48.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 10th. Scotiabank upped their target price on shares of Verizon Communications from $50.50 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada reduced their price target on 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. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, Verizon Communications has a consensus rating of “Moderate Buy” and a consensus price target of $47.47.
Check Out Our Latest Research Report on VZ
About Verizon Communications
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.
Featured Articles
- Five stocks we like better than Verizon Communications
- The boring AI play that could pay up to $4,290 monthly
- Trump’s “real estate deal for America” explained
- A month before the crash
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Trump Did WHAT??
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:VZ – Free Report).
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.
