Aldebaran Capital LLC Grows Position in Verizon Communications Inc. $VZ

Aldebaran Capital LLC boosted its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 58.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,393 shares of the cell phone carrier’s stock after purchasing an additional 23,290 shares during the period. Verizon Communications makes up approximately 2.6% of Aldebaran Capital LLC’s portfolio, making the stock its 13th biggest holding. Aldebaran Capital LLC’s holdings in Verizon Communications were worth $2,786,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. TruNorth Capital Management LLC lifted its stake in shares of 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 purchasing an additional 305 shares in the last quarter. Global Wealth Strategies & Associates boosted its position in Verizon Communications by 739.5% during the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after purchasing an additional 599 shares during the period. Winnow Wealth LLC acquired a new position in shares of Verizon Communications during the second quarter worth about $34,000. Silicon Valley Capital Partners boosted 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 worth $34,000 after buying an additional 269 shares during the period. Finally, Richardson Capital Management LLC acquired a new stake in Verizon Communications in the third quarter valued at approximately $35,000. 62.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VZ. Citigroup upped their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Scotiabank boosted their target price on shares of Verizon Communications from $48.00 to $50.25 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Evercore upped their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. TD Cowen decreased their price objective on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, Barclays started coverage on shares of Verizon Communications in a report on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $49.02.

Verizon Communications Price Performance

NYSE:VZ opened at $49.63 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The business’s 50-day moving average price is $42.60 and its 200 day moving average price is $42.18. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $50.48. The firm has a market cap of $209.33 billion, a P/E ratio of 12.25, a PEG ratio of 2.06 and a beta of 0.33.

Verizon Communications (NYSE:VZ) last issued its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, topping 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 analysts’ expectations of $36.20 billion. During the same period last year, the firm posted $1.10 earnings per share. 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. As a group, sell-side analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.7075 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a yield of 5.7%. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio (DPR) is 68.15%.

Verizon Communications News Roundup

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

• Positive Sentiment: Daiwa upgraded VZ to Buy and raised its price target to $58 (from $48), citing clear momentum from Verizon’s Q4 results and subscriber growth; that lift in analyst sentiment supports upside for the shares. Daiwa Upgrades Verizon (VZ) as Subscriber Growth Signals Strong Momentum
• Positive Sentiment: Technical indicator: VZ recently cleared a “golden cross” (50‑day SMA above 200‑day SMA), which often attracts momentum and technical traders and can increase buying interest. Verizon Communications (VZ) Now Trades Above Golden Cross: Time to Buy?
• Positive Sentiment: Price action: the stock reached a 52‑week high (~$50.25 in recent headlines), reinforcing the bullish narrative and likely drawing fresh attention from momentum and dividend-seeking investors. Verizon Communications stock hits 52-week high at 50.25 USD
• Neutral Sentiment: Debt issuance: Verizon completed a sale of €2.25 billion of junior subordinated notes (and related sterling issuance) — this raises liquidity but also adds subordinated debt; impact depends on use of proceeds and investor view on leverage. Verizon Issues Euro and Sterling Junior Subordinated Notes
• Neutral Sentiment: Dividend/defensive demand: VZ continues to appear on lists of attractive dividend or low‑volatility names, which supports interest from income investors but is unlikely to produce large near‑term price moves by itself. My 5 Favorite Dividend Stocks to Buy Right Now
• Negative Sentiment: Macro/headwinds: broader market weakness tied to tariff news and geopolitical headlines is pressuring indexes; such market-wide pullbacks can cap gains in telecom stocks despite company‑specific positives. Stock Market Today: Dow Dives As EU Makes Trump Tariff Move; Novo Plunges On This (Live Coverage)

Insider Activity

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

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.