Farther Finance Advisors LLC raised its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 24.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 148,681 shares of the cell phone carrier’s stock after purchasing an additional 29,258 shares during the quarter. Farther Finance Advisors LLC’s holdings in Verizon Communications were worth $6,535,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in VZ. Norges Bank bought a new position in Verizon Communications during the second quarter valued at about $2,504,150,000. Acadian Asset Management LLC grew its holdings in shares of Verizon Communications by 301.2% during the 1st quarter. Acadian Asset Management LLC now owns 8,504,920 shares of the cell phone carrier’s stock worth $385,750,000 after purchasing an additional 6,385,197 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Verizon Communications by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock worth $16,130,494,000 after purchasing an additional 4,615,075 shares in the last quarter. State Street Corp increased its position in shares of Verizon Communications by 2.1% during the second quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock valued at $9,009,388,000 after purchasing an additional 4,205,449 shares during the period. Finally, California Public Employees Retirement System raised its stake in shares of Verizon Communications by 21.5% in the second quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock valued at $915,552,000 after purchasing an additional 3,743,892 shares in the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.
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 Price Performance
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.02. The company had revenue of $33.82 billion during the quarter, compared to analyst estimates of $34.19 billion. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The company’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $1.19 earnings per share. On average, equities analysts anticipate that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.
Verizon Communications Dividend Announcement
The firm 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. The ex-dividend date is Monday, January 12th. This represents a $2.76 annualized dividend and a yield of 6.9%. Verizon Communications’s payout ratio is presently 58.97%.
Analyst Ratings Changes
VZ has been the topic of several analyst reports. The Goldman Sachs Group initiated coverage on shares of Verizon Communications in a report on Tuesday, September 2nd. They issued a “buy” rating and a $49.00 price target on the stock. Weiss Ratings cut shares of Verizon Communications from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Scotiabank increased their price target on shares of Verizon Communications from $50.50 to $51.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 30th. Wall Street Zen downgraded Verizon Communications from a “buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Morgan Stanley dropped their target price on Verizon Communications from $48.00 to $47.00 and set an “equal weight” rating for the company in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.47.
Check Out Our Latest Report on Verizon Communications
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.
Featured Articles
- Five stocks we like better than Verizon Communications
- The boring AI play that could pay up to $4,290 monthly
- Trump’s “real estate deal for America” explained
- A month before the crash
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Trump Did WHAT??
Receive News & Ratings for Verizon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications and related companies with MarketBeat.com's FREE daily email newsletter.
