Dearborn Partners LLC reduced its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 719,205 shares of the cell phone carrier’s stock after selling 33,788 shares during the quarter. Verizon Communications comprises 1.5% of Dearborn Partners LLC’s portfolio, making the stock its 26th biggest position. Dearborn Partners LLC’s holdings in Verizon Communications were worth $29,293,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Blake Schutter Theil Wealth Advisors LLC boosted its position 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 worth $257,000 after acquiring an additional 233 shares during the last quarter. Triton Wealth Management PLLC raised its stake in shares of Verizon Communications by 2.6% during the 4th quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier’s stock worth $377,000 after purchasing an additional 234 shares in the last quarter. Clearstead Trust LLC raised its stake in shares of 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 purchasing an additional 240 shares in the last quarter. CWS Financial Advisors LLC raised its stake in shares of 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 purchasing an additional 246 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in Verizon Communications by 0.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier’s stock valued at $1,119,000 after acquiring an additional 248 shares during the period. 62.06% of the stock is currently owned by institutional investors and hedge funds.
Verizon Communications Stock Up 1.2%
VZ stock opened at $45.39 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The stock has a market capitalization of $189.53 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 1.08 and a beta of 0.24. The business’s fifty day moving average price is $47.55 and its two-hundred day moving average price is $45.27. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68.
Verizon Communications Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a dividend of $0.7075 per share. The ex-dividend date is Friday, July 10th. This represents a $2.83 annualized dividend and a yield of 6.2%. Verizon Communications’s dividend payout ratio (DPR) is presently 69.02%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on VZ. 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 note on Thursday, April 30th. Wells Fargo & Company increased their price target on Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Morgan Stanley increased their price target on Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Weiss Ratings restated a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Finally, Citigroup increased their price target on Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.59.
Get Our Latest Analysis on Verizon Communications
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, reinforcing its reputation as a high-yield income stock and signaling stable cash returns to shareholders. Verizon declares quarterly dividend on June 4, 2026
- Positive Sentiment: Recent commentary noted Verizon has outperformed over the past several months on the back of subscriber gains, broadband growth, and AI-related initiatives, which may support the stock’s longer-term narrative. VZ Shares Rise 8.6% in Six Months: What’s the Next Move for Investors?
- Neutral Sentiment: Several market pieces focused on Verizon’s valuation and dividend appeal, with some arguing the stock is still compelling for income investors while others question whether the upside is limited. Forget Wall Street’s Ultimate Telecom Value Trap and Buy the Real Free Cash Flow King
- Neutral Sentiment: Verizon’s debt tender and exchange offers, along with broader capital-priority discussion, suggest management is actively managing leverage and liquidity, but the move is not an immediate fundamental catalyst. Do Verizon (VZ) Debt Tenders and Dividend Steadiness Hint at a Shifting Capital Priorities Playbook?
- Negative Sentiment: The Supreme Court’s decision in the FCC dispute increases Verizon’s regulatory risk and could lead to continued fines or enforcement actions, weighing on investor sentiment. US Supreme Court backs FCC in clash with wireless carriers over fines
- Negative Sentiment: Competitive pressure from Starlink and concerns about Verizon’s store/customer backlash have widened skepticism about the company’s growth outlook and valuation. Verizon Confronts Store Backlash And Starlink Threat As Valuation Gap Widens
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.
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