Evolution Wealth Management Inc. Lowers Stake in Verizon Communications Inc. $VZ

Evolution Wealth Management Inc. decreased its position in Verizon Communications Inc. (NYSE:VZ) by 86.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,880 shares of the cell phone carrier’s stock after selling 12,062 shares during the quarter. Evolution Wealth Management Inc.’s holdings in Verizon Communications were worth $77,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Blake Schutter Theil Wealth Advisors LLC boosted its holdings in Verizon Communications by 3.8% during the 4th quarter. Blake Schutter Theil Wealth Advisors LLC now owns 6,305 shares of the cell phone carrier’s stock valued at $257,000 after acquiring an additional 233 shares during the period. Triton Wealth Management PLLC grew its holdings in shares of Verizon Communications by 2.6% in the fourth quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier’s stock valued at $377,000 after purchasing an additional 234 shares in the last quarter. Clearstead Trust LLC increased its stake in Verizon Communications by 2.5% during the 4th quarter. Clearstead Trust LLC now owns 9,788 shares of the cell phone carrier’s stock worth $399,000 after buying an additional 240 shares during the period. CWS Financial Advisors LLC lifted its holdings in Verizon Communications by 1.7% during the 4th quarter. CWS Financial Advisors LLC now owns 14,891 shares of the cell phone carrier’s stock worth $607,000 after buying an additional 246 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its holdings in Verizon Communications by 0.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier’s stock worth $1,119,000 after buying an additional 248 shares in the last quarter. 62.06% of the stock is currently owned by institutional investors and hedge funds.

More Verizon Communications News

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

• Positive Sentiment: Verizon declared its regular quarterly dividend of $0.7075 per share, unchanged from the prior quarter, which reinforces the company’s appeal to income-focused investors. Verizon declares quarterly dividend on June 4, 2026
• Neutral Sentiment: Verizon reported the results of its 2026 annual shareholder meeting, where shareholders elected all nine director nominees. This is routine governance news and does not appear to materially change the investment outlook. Verizon Communications (VZ) Announced Results for Annual 2026 Shareholder Meeting
• Negative Sentiment: The U.S. Supreme Court backed the FCC’s fine-collection process in a case involving Verizon and AT&T, removing a legal challenge that wireless carriers had hoped might limit regulatory penalties. Investors may view this as a modest negative for carrier risk exposure. US Supreme Court backs FCC in clash with wireless carriers over fines
• Negative Sentiment: Recent market coverage also highlighted Verizon’s weaker trading session versus the broader market, and another report noted operational friction from a strict in-store policy that could frustrate customers. Together, these items point to short-term sentiment pressure on the stock. Why Verizon Communications (VZ) Dipped More Than Broader Market Today

Analyst Ratings Changes

Several equities analysts have commented on VZ shares. Morgan Stanley boosted their price target on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Scotiabank upgraded Verizon Communications from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $50.25 to $54.50 in a report on Monday, March 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. increased their price target on Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $50.59.

Verizon Communications Price Performance

Verizon Communications stock opened at $44.87 on Friday. The stock has a market cap of $187.37 billion, a P/E ratio of 10.94, a price-to-earnings-growth ratio of 1.11 and a beta of 0.24. The company has a fifty day simple moving average of $47.64 and a 200-day simple moving average of $45.27. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last posted its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. During the same quarter in the prior year, the company posted $1.19 earnings per share. Verizon Communications’s revenue for the quarter was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts expect that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.7075 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.3%. Verizon Communications’s dividend payout ratio is presently 69.02%.

Verizon Communications Company 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.