Boston Common Asset Management LLC Has $15.90 Million Stock Position in Verizon Communications Inc. $VZ

Boston Common Asset Management LLC boosted its stake in Verizon Communications Inc. (NYSE:VZ) by 6.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 316,689 shares of the cell phone carrier’s stock after acquiring an additional 20,308 shares during the period. Verizon Communications accounts for 1.0% of Boston Common Asset Management LLC’s investment portfolio, making the stock its 29th largest holding. Boston Common Asset Management LLC’s holdings in Verizon Communications were worth $15,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the stock. AlphaCentric Advisors LLC increased its position in Verizon Communications by 133.8% during the 1st quarter. AlphaCentric Advisors LLC now owns 5,867 shares of the cell phone carrier’s stock valued at $295,000 after purchasing an additional 3,358 shares during the period. Decker Wealth Management LLC acquired a new position in shares of Verizon Communications in the 1st quarter worth approximately $494,000. Greenwood Gearhart LLC acquired a new position in shares of Verizon Communications in the 1st quarter worth approximately $318,000. Koss Olinger Consulting LLC lifted its position in shares of Verizon Communications by 91.3% in the 1st quarter. Koss Olinger Consulting LLC now owns 16,373 shares of the cell phone carrier’s stock worth $822,000 after purchasing an additional 7,815 shares during the period. Finally, Little House Capital LLC boosted its stake in shares of Verizon Communications by 2.0% in the 1st quarter. Little House Capital LLC now owns 57,816 shares of the cell phone carrier’s stock valued at $2,902,000 after purchasing an additional 1,129 shares during the last quarter. 62.06% of the stock is currently owned by institutional investors.

Key Verizon Communications News

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

• Positive Sentiment: Verizon is moving to sell 274 company-owned retail stores to franchisees and cut roughly 3,000 jobs, a restructuring that could lower operating costs and improve margins over time. Reuters: Verizon to shed 274 stores, lay off another 500 corporate employees
• Positive Sentiment: Market reaction has been favorable to the cost-reset story, with articles noting VZ rose as investors responded to the store shakeup and expense reduction plans. Yahoo Finance: VZ Stock Rises — Verizon Moves To Slash Costs With Major Store Shakeup
• Neutral Sentiment: Erste Group Bank slightly raised its FY2026 earnings estimate for Verizon and kept a Hold rating, suggesting only modest near-term earnings improvement. MarketBeat analyst update
• Neutral Sentiment: Verizon is expected to report earnings on Friday, which keeps investors focused on whether the restructuring and broadband growth can offset slower revenue trends. American Banking News: Verizon Communications (VZ) to Post Earnings on Friday
• Negative Sentiment: Some analysts are cautioning that Verizon already trades at a premium relative to peers, which could limit upside if earnings growth disappoints. Trefis: VZ Earns Its Premium Over Peers. Now What?
• Negative Sentiment: Scotiabank also lowered its price target to $51.50, reflecting some skepticism about the pace of Verizon’s improvement. American Banking News: Verizon Communications (NYSE:VZ) Price Target Lowered to $51.50 at Scotiabank

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Freedom Capital upgraded shares of Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Barclays dropped their target price on shares of Verizon Communications from $47.00 to $45.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Wells Fargo & Company initiated coverage on Verizon Communications in a report on Wednesday, July 8th. They set an “equal weight” rating and a $43.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, BNP Paribas Exane dropped their price objective on Verizon Communications from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $50.09.

Verizon Communications Price Performance

Verizon Communications stock opened at $43.57 on Monday. The stock has a market capitalization of $181.91 billion, a price-to-earnings ratio of 10.63, a PEG ratio of 1.07 and a beta of 0.26. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The stock’s 50 day moving average price is $45.67 and its two-hundred day moving average price is $46.11.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. During the same quarter in the previous year, the business posted $1.19 EPS. 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. On average, equities analysts predict that Verizon Communications Inc. will post 4.98 earnings per share for the current year.

Verizon Communications Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is presently 69.02%.

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.