Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,730 shares of the cell phone carrier’s stock, valued at approximately $559,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in VZ. Farther Finance Advisors LLC grew its holdings in Verizon Communications by 24.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 148,681 shares of the cell phone carrier’s stock valued at $6,535,000 after buying an additional 29,258 shares during the period. Cranbrook Wealth Management LLC lifted its holdings in shares of Verizon Communications by 50.5% during the 3rd quarter. Cranbrook Wealth Management LLC now owns 2,130 shares of the cell phone carrier’s stock worth $94,000 after acquiring an additional 715 shares during the period. Baxter Bros Inc. boosted its position in shares of Verizon Communications by 10.8% in the third quarter. Baxter Bros Inc. now owns 9,198 shares of the cell phone carrier’s stock worth $404,000 after acquiring an additional 895 shares during the last quarter. Roffman Miller Associates Inc. PA grew its holdings in Verizon Communications by 1.0% in the third quarter. Roffman Miller Associates Inc. PA now owns 398,449 shares of the cell phone carrier’s stock valued at $17,512,000 after purchasing an additional 4,021 shares during the period. Finally, Precedent Wealth Partners LLC grew its holdings in Verizon Communications by 8.7% in the third quarter. Precedent Wealth Partners LLC now owns 32,093 shares of the cell phone carrier’s stock valued at $1,410,000 after purchasing an additional 2,559 shares during the period. Hedge funds and other institutional investors own 62.06% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have weighed in on VZ shares. JPMorgan Chase & Co. decreased their price target on shares of Verizon Communications from $49.00 to $47.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. TD Cowen cut their target price on Verizon Communications from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Scotiabank lifted their target price on Verizon Communications from $50.50 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, October 30th. Weiss Ratings lowered Verizon Communications from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Finally, Wall Street Zen lowered Verizon Communications from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.47.
Verizon Communications Stock Down 0.1%
NYSE VZ opened at $39.96 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 1.19. Verizon Communications Inc. has a fifty-two week low of $37.58 and a fifty-two week high of $47.35. The business has a 50 day moving average price of $40.37 and a two-hundred day moving average price of $42.07. The stock has a market cap of $168.47 billion, a PE ratio of 8.54, a P/E/G ratio of 3.57 and a beta of 0.33.
Verizon Communications (NYSE:VZ – Get Free Report) last posted its earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.02. The business had revenue of $33.82 billion for the quarter, compared to analysts’ expectations of $34.19 billion. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 earnings per share. As a group, sell-side analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.
Verizon Communications Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Monday, January 12th. Verizon Communications’s dividend payout ratio is presently 58.97%.
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon launched a 5G Network Slice offering (5G Network Slice Enhanced Internet) that targets enterprise AI, cloud and high‑uplink use cases; this product could drive higher‑value enterprise revenue and differentiate VZ in 5G services. VZ Introduces 5G Network Slice Solution
- Positive Sentiment: Large institutional buying (notably UBS and other asset managers added meaningful VZ positions in Q3) supports demand for the stock and signals confidence from major investors; that underpins the share price even as fundamentals are repriced. Verizon Communications Stock Opinions
- Neutral Sentiment: Debate continues over Verizon’s $20B Frontier acquisition — some market participants see upside if it clears regulators, while others flag execution and approval risk; outcome will materially affect future growth expectations. Verizon Communications Stock Opinions
- Neutral Sentiment: VZ is a trending ticker and analysts remain divided — some firms maintain buy ratings and $44–$51 price targets, keeping the stock on investors’ radars. VZ Is a Trending Stock
- Negative Sentiment: Analysts at Zacks trimmed multiple near‑term and multi‑year EPS forecasts (Q4 2025/Q4 2026, FY2025–FY2027), signaling slightly weaker profitability expectations that can pressure the stock ahead of results.
- Negative Sentiment: Street previews point to a single‑digit profit decline in the upcoming fiscal Q4 report, raising the risk of downside surprise at the next earnings release. What to Expect From Verizon’s Next Earnings
- Negative Sentiment: Reports of ~15,000 planned job cuts as part of restructuring are fueling concerns about execution risk, service disruption and negative PR — a factor that could weigh on sentiment if widely reported. Verizon Communications Stock Opinions
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.
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