125,423 Shares in Verizon Communications Inc. $VZ Acquired by Caprock Group LLC

Caprock Group LLC purchased a new stake in shares of Verizon Communications Inc. (NYSE:VZ) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 125,423 shares of the cell phone carrier’s stock, valued at approximately $5,547,000.

Several other hedge funds also recently modified their holdings of VZ. SBI Securities Co. Ltd. boosted its stake in shares of Verizon Communications by 4.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier’s stock valued at $14,761,000 after purchasing an additional 13,787 shares in the last quarter. Cadinha & Co. LLC lifted its holdings in Verizon Communications by 2,916.8% during the 2nd quarter. Cadinha & Co. LLC now owns 347,716 shares of the cell phone carrier’s stock valued at $15,046,000 after purchasing an additional 336,190 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in Verizon Communications by 14.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock valued at $16,665,000 after purchasing an additional 46,699 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in Verizon Communications by 11.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 7,297,469 shares of the cell phone carrier’s stock valued at $309,551,000 after buying an additional 722,559 shares in the last quarter. Finally, CWA Asset Management Group LLC raised its stake in shares of Verizon Communications by 378.7% in the third quarter. CWA Asset Management Group LLC now owns 93,732 shares of the cell phone carrier’s stock valued at $4,120,000 after acquiring an additional 74,151 shares during the last quarter. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the completion of the sale, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Verizon Communications News Roundup

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

• Positive Sentiment: TD Cowen raised its price target on VZ to $54 (from $51) and reiterated a Buy after Verizon’s Q4 showed better-than-expected phone subscriber additions — a near-term subscriber beat that supports revenue momentum and re-rating potential. Verizon (VZ) Gets Target Hike From TD Cowen on Better-Than-Expected Phone Adds
• Positive Sentiment: Multiple value-oriented writeups (Zacks, Yahoo/MSN) argue VZ looks attractively priced on yield and fundamentals, reinforcing the investment case for income/value investors and aiding demand from dividend-focused funds. Why Verizon Communications (VZ) is a top value stock for the long term Why Verizon Communications (VZ) is a Top Value Stock for the Long-Term
• Positive Sentiment: Coverage highlighting a leadership shift at Verizon frames management’s renewed customer focus as a catalyst for churn reduction and service revenue improvement — a governance/strategy signal that can support multiple re-rating channels. Verizon Leadership Shift Highlights Customer Focus And Potential Undervaluation
• Neutral Sentiment: Macro/market pieces assessing the “changing Verizon narrative” show Wall Street reworking VZ from a pure yield play toward a mix of value + modest growth — supporting higher multiples but also subject to execution risk. This is more thematic than news-driven, so it helps sentiment but depends on follow-through. Looking At The Verizon Communications (VZ) Narrative As Wall Street Reworks The Story
• Neutral Sentiment: Industry news on AST SpaceMobile’s satellite progress is being viewed as incremental positive optionality for carriers (including Verizon) because working direct-to-device satellite tech could expand coverage/use cases. It’s a potential long-term upside but not an immediate earnings driver for VZ. BlueBird 6 Unfolds: AST SpaceMobile Unlocks Commercial Growth

Verizon Communications Price Performance

NYSE:VZ opened at $48.90 on Thursday. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $49.14. The firm has a market capitalization of $206.16 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 2.00 and a beta of 0.33. The stock’s 50 day moving average price is $41.30 and its two-hundred day moving average price is $41.84. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32.

Verizon Communications (NYSE:VZ) last issued its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The company had revenue of $36.38 billion during the quarter, compared to the consensus estimate of $36.20 billion. During the same period in the previous year, the company posted $1.10 EPS. The firm’s revenue for the quarter 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, analysts anticipate that Verizon Communications Inc. will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a $0.7075 dividend. The ex-dividend date of this dividend is Friday, April 10th. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a dividend yield of 5.8%. Verizon Communications’s payout ratio is currently 68.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. William Blair raised Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Scotiabank raised their target price on Verizon Communications from $48.00 to $50.25 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. upped their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. BNP Paribas Exane cut shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price objective for the company. in a research report on Tuesday, October 21st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $48.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.02.

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.