Financial Strategies Group Inc. increased its position in Verizon Communications Inc. (NYSE:VZ – Free Report) by 11.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,588 shares of the cell phone carrier’s stock after purchasing an additional 14,842 shares during the period. Verizon Communications makes up approximately 1.2% of Financial Strategies Group Inc.’s holdings, making the stock its 27th biggest position. Financial Strategies Group Inc.’s holdings in Verizon Communications were worth $6,311,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hudock Inc. grew its position in Verizon Communications by 0.6% in the 2nd quarter. Hudock Inc. now owns 39,842 shares of the cell phone carrier’s stock worth $1,724,000 after purchasing an additional 238 shares during the period. McLean Asset Management Corp boosted its stake in shares of Verizon Communications by 2.9% in the 3rd quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock worth $355,000 after buying an additional 243 shares during the last quarter. Red Spruce Capital LLC grew its holdings in shares of Verizon Communications by 0.3% in the third quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after acquiring an additional 246 shares during the period. Camden National Bank grew its holdings in shares of Verizon Communications by 4.6% in the second quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock worth $245,000 after acquiring an additional 248 shares during the period. Finally, FRG Family Wealth Advisors LLC increased its position in Verizon Communications by 1.8% during the second quarter. FRG Family Wealth Advisors LLC now owns 14,517 shares of the cell phone carrier’s stock valued at $628,000 after acquiring an additional 250 shares during the last quarter. 62.06% of the stock is owned by institutional investors.
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Q4 beat on EPS and revenue — Verizon reported $1.09 EPS vs. consensus $1.06 and revenue of $36.38B, topping estimates and showing 2% year-over-year revenue growth. Read More.
- Positive Sentiment: Raised FY‑2026 EPS guidance — management set guidance of $4.90–$4.95, above consensus, improving forward earnings visibility and supporting valuation. Read More.
- Positive Sentiment: Strong subscriber momentum — Verizon logged its highest quarterly wireless net adds in years (notably large postpaid phone adds), a primary driver of the upside in revenue and service growth metrics. Read More.
- Positive Sentiment: Capital return program — management outlined a large buyback program (cited in call writeups), which supports EPS and signals confidence in cash flow. Read More.
- Positive Sentiment: Unusual options activity — heavy call buying was reported intraday, consistent with speculative/hedged bullish positioning by some investors. (Options volume report)
- Neutral Sentiment: Operational resilience highlighted — company actions to harden networks for winter storms were noted; supports customer experience but is a longer-term benefit. Read More.
- Neutral Sentiment: Positive media/analyst writeups emphasize value after the beat, framing VZ as an income + growth story for yield-seeking investors. Read More.
- Negative Sentiment: Execution and cost risks called out — deeper analysis warns that aggressive subscriber promotions, the Frontier deal and integration/unit economics could pressure margins and near-term earnings visibility. Read More.
- Negative Sentiment: Analyst target cut — Wells Fargo trimmed its target in a sector reassessment, a reminder that some shops remain cautious on wireless pricing and capital intensity. Read More.
- Negative Sentiment: Dividend-safety concerns re-surfacing — articles questioning sustainability of the ~7% yield could weigh on long-term income-focused demand if cash flow dynamics shift. Read More.
- Negative Sentiment: Minor institutional selling — a small manager reduced its position, noted in filings; not a major red flag but adds to mixed signals. Read More.
Verizon Communications Stock Up 11.8%
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The firm had revenue of $36.38 billion for the quarter, compared to analysts’ expectations of $36.20 billion. During the same quarter in the previous year, the company posted $1.10 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, research analysts expect that Verizon Communications Inc. will post 4.69 earnings per share for the current year.
Verizon Communications Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be issued a dividend of $0.69 per share. The ex-dividend date is Monday, January 12th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.2%. Verizon Communications’s dividend payout ratio (DPR) is currently 58.97%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the company. Scotiabank boosted their price target on Verizon Communications from $50.50 to $51.00 and gave the company a “sector perform” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Verizon Communications in a report on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on shares of Verizon Communications from $49.00 to $47.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. TD Cowen reduced their price objective on Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada lowered their target price on Verizon Communications from $46.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $47.43.
Read Our Latest Analysis on Verizon Communications
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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