Atria Investments Inc Has $14.88 Million Position in Verizon Communications Inc. $VZ

Atria Investments Inc cut its holdings in Verizon Communications Inc. (NYSE:VZ) by 7.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 338,443 shares of the cell phone carrier’s stock after selling 28,240 shares during the period. Atria Investments Inc’s holdings in Verizon Communications were worth $14,875,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VZ. Advantage Trust Co lifted its stake in Verizon Communications by 549.5% in the second quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 500 shares during the period. TruNorth Capital Management LLC increased its stake in shares of Verizon Communications by 95.3% in the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after acquiring an additional 305 shares in the last quarter. Global Wealth Strategies & Associates lifted its position in shares of Verizon Communications by 739.5% during the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after acquiring an additional 599 shares during the period. Winnow Wealth LLC bought a new position in Verizon Communications during the second quarter worth $34,000. Finally, Silicon Valley Capital Partners grew its holdings in Verizon Communications by 52.4% in the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock worth $34,000 after purchasing an additional 269 shares during the period. Institutional investors own 62.06% of the company’s stock.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: TD Cowen raised its price target on VZ to $54 (from $51) and reiterated a Buy after Verizon’s Q4 showed better-than-expected phone subscriber additions — a near-term subscriber beat that supports revenue momentum and re-rating potential. Verizon (VZ) Gets Target Hike From TD Cowen on Better-Than-Expected Phone Adds
• Positive Sentiment: Multiple value-oriented writeups (Zacks, Yahoo/MSN) argue VZ looks attractively priced on yield and fundamentals, reinforcing the investment case for income/value investors and aiding demand from dividend-focused funds. Why Verizon Communications (VZ) is a top value stock for the long term Why Verizon Communications (VZ) is a Top Value Stock for the Long-Term
• Positive Sentiment: Coverage highlighting a leadership shift at Verizon frames management’s renewed customer focus as a catalyst for churn reduction and service revenue improvement — a governance/strategy signal that can support multiple re-rating channels. Verizon Leadership Shift Highlights Customer Focus And Potential Undervaluation
• Neutral Sentiment: Macro/market pieces assessing the “changing Verizon narrative” show Wall Street reworking VZ from a pure yield play toward a mix of value + modest growth — supporting higher multiples but also subject to execution risk. This is more thematic than news-driven, so it helps sentiment but depends on follow-through. Looking At The Verizon Communications (VZ) Narrative As Wall Street Reworks The Story
• Neutral Sentiment: Industry news on AST SpaceMobile’s satellite progress is being viewed as incremental positive optionality for carriers (including Verizon) because working direct-to-device satellite tech could expand coverage/use cases. It’s a potential long-term upside but not an immediate earnings driver for VZ. BlueBird 6 Unfolds: AST SpaceMobile Unlocks Commercial Growth

Verizon Communications Trading Up 3.2%

Shares of Verizon Communications stock opened at $48.90 on Thursday. The company’s 50-day moving average price is $41.30 and its 200-day moving average price is $41.84. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $49.14. The company has a market cap of $206.16 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 2.00 and a beta of 0.33.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm had revenue of $36.38 billion during the quarter, compared to the consensus estimate of $36.20 billion. During the same period last year, the firm earned $1.10 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, equities analysts expect that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Friday, April 10th. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio is presently 68.15%.

Insider Activity at Verizon Communications

In other news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total value of $429,905.52. Following the completion of the sale, the executive vice president directly owned 44,045 shares in the company, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VZ shares. Evercore increased their target price on Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. BNP Paribas Exane lowered Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price objective for the company. in a report on Tuesday, October 21st. JPMorgan Chase & Co. raised their target price on Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Morgan Stanley upped their price target on Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Finally, TD Cowen reduced their target price on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, Verizon Communications has an average rating of “Moderate Buy” and an average price target of $49.02.

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.