Capital Advisory Group Advisory Services LLC cut its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 52.4% in the 4th quarter, Holdings Channel reports. The firm owned 27,404 shares of the cell phone carrier’s stock after selling 30,183 shares during the period. Capital Advisory Group Advisory Services LLC’s holdings in Verizon Communications were worth $1,116,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VZ. State Street Corp lifted its stake in Verizon Communications by 3.5% during the third quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock worth $9,470,788,000 after purchasing an additional 7,276,809 shares during the last quarter. Capital World Investors lifted its stake in Verizon Communications by 51.1% during the third quarter. Capital World Investors now owns 14,512,228 shares of the cell phone carrier’s stock worth $637,812,000 after purchasing an additional 4,905,101 shares during the last quarter. Danske Bank A S bought a new position in shares of Verizon Communications in the 3rd quarter valued at $161,346,000. AQR Capital Management LLC lifted its stake in shares of Verizon Communications by 50.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,848,766 shares of the cell phone carrier’s stock valued at $385,983,000 after acquiring an additional 2,965,033 shares during the last quarter. Finally, Credit Agricole S A bought a new position in shares of Verizon Communications in the 3rd quarter valued at $76,631,000. 62.06% of the stock is currently owned by institutional investors.
More Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Dividend, buyback and restructuring tailwinds support shareholder value: analysts and commentators highlight Verizon’s large dividend yield, a $25B buyback program, CEO-led $9B cost reductions and the Frontier acquisition that boosts fiber reach — factors that underpin the stock’s defensive appeal to income investors. The War Won’t Last Forever: 3 Stocks That Could Lead the Recovery
- Positive Sentiment: Value/income narrative: market coverage groups list VZ among “discount” or baby‑boomer favorite stocks because of its >5% yield, low forward P/E and recent operational wins (postpaid adds, modest revenue growth), supporting the case for long‑term income buyers. 5 Baby Boomer Stock Favorites Now Trading at a Discount
- Neutral Sentiment: Longer‑term growth opportunities in automotive connectivity: research notes Verizon’s 5G, V2X and automaker partnerships as a potential growth avenue, but benefits are gradual and not an immediate stock catalyst. Can Verizon’s Strong Automotive Connectivity Solutions Drive Growth?
- Neutral Sentiment: Upcoming Q1 earnings and guidance cadence are watch points: analysts expect single‑digit earnings growth and management commentary on 5G/fiber monetization and free cash flow will drive near‑term sentiment. What to Expect From Verizon Communications’ Q1 2026 Earnings Report
- Neutral Sentiment: Apollo/Yahoo refinancing note is mostly peripheral to Verizon (Yahoo was sold in 2021), so it has limited direct impact on VZ fundamentals. Apollo-backed Yahoo kicks off talks on US$1.6 billion refinancing
- Negative Sentiment: Shareholder proposals and governance scrutiny could create proxy friction and distract management: proposals on board structure, climate oversight and ESG‑linked pay drew opposition from Verizon but raise investor governance risk ahead of the annual meeting. Verizon Shareholder Push Raises Questions On Governance Climate Oversight And Valuation
- Negative Sentiment: Near‑term sector/macro pressure and reported price weakness: coverage noting VZ’s decline despite broader market gains and sector weakness (geopolitical risk, rising oil and rotation away from premium wireless) are pressuring the stock in the short term. Verizon Communications (VZ) Stock Drops Despite Market Gains: Important Facts to Note
Insider Transactions at Verizon Communications
Verizon Communications Stock Down 1.2%
Shares of VZ opened at $48.57 on Wednesday. The stock has a market capitalization of $204.84 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 2.07 and a beta of 0.29. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The stock has a fifty day moving average of $48.93 and a 200-day moving average of $43.54. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, sell-side analysts anticipate that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.
Verizon Communications Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a $0.7075 dividend. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 annualized dividend and a dividend yield of 5.8%. Verizon Communications’s dividend payout ratio is 69.88%.
Analysts Set New Price Targets
A number of research analysts have recently commented on VZ shares. Erste Group Bank upgraded Verizon Communications from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. Morgan Stanley increased their price target on Verizon Communications from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Scotiabank upgraded Verizon Communications from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $50.25 to $54.50 in a research note on Monday, March 9th. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. Finally, Williams Trading set a $54.00 price target on Verizon Communications in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $50.56.
Verizon Communications Profile
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.
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