Alchemi Wealth LLC acquired a new stake in Verizon Communications Inc. (NYSE:VZ – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 15,856 shares of the cell phone carrier’s stock, valued at approximately $646,000.
Several other hedge funds also recently modified their holdings of the stock. Strengthening Families & Communities LLC lifted its position in Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after acquiring an additional 539 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in Verizon Communications in the fourth quarter valued at approximately $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Verizon Communications during the third quarter worth $29,000. EQ Wealth Advisors LLC bought a new stake in shares of Verizon Communications in the fourth quarter worth $29,000. Finally, Sarver Vrooman Wealth Advisors lifted its holdings in Verizon Communications by 173.0% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after buying an additional 448 shares during the period. Institutional investors own 62.06% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently weighed in on VZ. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Raymond James Financial reissued an “outperform” rating and issued a $56.00 price target on shares of Verizon Communications in a report on Thursday, March 12th. Morgan Stanley lifted their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Erste Group Bank reiterated a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Finally, Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $50.25 to $54.50 in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.59.
Verizon Communications Price Performance
Verizon Communications stock opened at $48.10 on Friday. The firm has a 50-day moving average price of $47.20 and a 200-day moving average price of $45.47. The firm has a market capitalization of $200.85 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24. 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 Inc. has a 12-month low of $38.39 and a 12-month high of $51.68.
Verizon Communications (NYSE:VZ – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The business had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. During the same period last year, the business earned $1.19 EPS. The company’s revenue 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. As a group, equities research analysts forecast that Verizon Communications Inc. will post 4.97 EPS for the current year.
Verizon Communications Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio is 69.02%.
Key Headlines Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Analysts and market commentary remain constructive on Verizon’s valuation, with several notes calling it inexpensive relative to its cash flow, earnings power, and dividend profile. Verizon: Steady, Cheap, And Still Standing
- Positive Sentiment: Verizon highlighted new AI-powered disaster-response tools, including “Digital Twin” network modeling, satellite connectivity, and mobile 5G assets, which could support network resilience and reinforce its infrastructure advantage. Verizon’s AI Disaster Tools Highlight Network Resilience And Valuation Gap
- Positive Sentiment: Investor sentiment has also been helped by upbeat pieces describing Verizon as a defensive stock with income potential, including mentions of its raised guidance, postpaid subscriber momentum, and fiber expansion after the Frontier deal. Verizon: A Unique Opportunity In An Expensive Market
- Neutral Sentiment: An insider sold about 80% of her shares in a roughly $3 million transaction, which can draw attention but does not necessarily signal a change in Verizon’s business outlook. 1 Verizon Insider Sells 80% of Her Stock in $3 Million Deal. For Everyone Else, VZ Is a Good Buy Now.
- Neutral Sentiment: Erste Group slightly trimmed its FY2027 earnings estimate for Verizon, but the change was minimal and the firm kept a Hold rating. Verizon Communications Inc. research note
- Neutral Sentiment: Some recent market updates noted Verizon outperforming a weaker broader market session, reinforcing the stock’s defensive character rather than pointing to a major company-specific catalyst. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
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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