Beverly Hills Private Wealth LLC Increases Holdings in Verizon Communications Inc. $VZ

Beverly Hills Private Wealth LLC increased its position in Verizon Communications Inc. (NYSE:VZ) by 12.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,980 shares of the cell phone carrier’s stock after acquiring an additional 18,160 shares during the period. Verizon Communications makes up about 1.3% of Beverly Hills Private Wealth LLC’s investment portfolio, making the stock its 14th biggest position. Beverly Hills Private Wealth LLC’s holdings in Verizon Communications were worth $7,295,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VZ. TruNorth Capital Management LLC grew its stake in Verizon Communications by 95.3% in the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after acquiring an additional 305 shares during the last quarter. Global Wealth Strategies & Associates lifted its holdings in shares of Verizon Communications by 739.5% in the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after purchasing an additional 599 shares in the last quarter. Winnow Wealth LLC purchased a new stake in shares of Verizon Communications in the second quarter valued at about $34,000. Silicon Valley Capital Partners grew its position in shares of Verizon Communications by 52.4% in the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after purchasing an additional 269 shares during the last quarter. Finally, Richardson Capital Management LLC purchased a new position in shares of Verizon Communications during the 3rd quarter worth approximately $35,000. 62.06% of the stock is owned by institutional investors and hedge funds.

Verizon Communications Trading Up 1.2%

NYSE VZ opened at $48.62 on Friday. The company has a market cap of $205.07 billion, a P/E ratio of 12.01, a P/E/G ratio of 2.01 and a beta of 0.33. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $50.24. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87. The company has a 50-day moving average of $42.26 and a 200-day moving average of $42.10.

Verizon Communications (NYSE:VZ) last released its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm 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 firm earned $1.10 earnings per share. Verizon Communications’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. As a group, equities analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

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

Insider Buying and Selling at Verizon Communications

In related news, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the transaction, the executive vice president owned 44,045 shares in the company, valued at approximately $1,976,739.60. This trade represents a 17.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

VZ has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on Verizon Communications from $41.00 to $44.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Royal Bank Of Canada increased their price objective on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Barclays began coverage on shares of Verizon Communications in a research note on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 target price for the company. Finally, Citigroup raised their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.02.

More Verizon Communications News

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

• Positive Sentiment: Analysts are generally constructive: brokerages’ consensus is an average “Moderate Buy,” supporting demand from institutional investors. Verizon Communications Inc. (NYSE:VZ) Receives Average Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Dividend narrative remains a tailwind for income investors; Verizon is featured among dividend stalwarts attracting retirees seeking yield and stability. That investor demand can buoy the stock. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Comparisons after the recent dividend hike highlight Verizon as a yield play vs. peers, reinforcing long-term income investor interest. Verizon vs Johnson & Johnson: Which Dividend Hike Winner Is the Better Buy?
• Positive Sentiment: Operational momentum in the Consumer segment (postpaid phone adds and subscriber trends) is cited as a near-term growth driver, supporting revenue stability. Verizon Rides on Strength in Consumer Segment: Will it Sustain?
• Neutral Sentiment: Valuation debate: coverage asks whether the recent share rebound now correctly prices Verizon’s long‑term value — useful for investors considering entry points but not a catalyst by itself. Is Verizon (VZ) Pricing Reflect Long Term Value After Recent Share Price Rebound
• Neutral Sentiment: Management will present at the Barclays Communications & Content Symposium on Feb. 24 — an upcoming event where guidance clarity or strategic color could move the stock. Verizon to speak at Barclays Communications and Content Symposium on February 24
• Negative Sentiment: Leadership change in the Consumer unit — the CEO exit and an interim appointment — raises execution risk during a transformation, which can pressure investor confidence. Did Verizon’s Consumer CEO Exit and Interim Shift Just Reframe Its Transformation Story (VZ)?
• Negative Sentiment: Concerns about Verizon’s $55 billion capital-return plan: analysts flag trade-offs between buybacks and dividend flexibility, adding uncertainty around how buybacks will be executed. That risk can cap upside. Uncertainty Clouds Verizon’s $55 Billion Capital Return Plan as Buybacks and Dividends Face Flexibility and Risk Trade-Offs
• Negative Sentiment: Relative performance risk: recent reports note Verizon underperformed peers on a given trading day, a reminder that sector rotations can weigh on the stock. Verizon Communications Inc. stock underperforms Wednesday when compared to competitors

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.