Seelaus Asset Management LLC grew its position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 334.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,422 shares of the cell phone carrier’s stock after acquiring an additional 17,265 shares during the period. Verizon Communications comprises 0.8% of Seelaus Asset Management LLC’s portfolio, making the stock its 28th largest position. Seelaus Asset Management LLC’s holdings in Verizon Communications were worth $1,126,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Avanza Fonder AB raised its position in shares of Verizon Communications by 5.6% in the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock worth $13,521,000 after acquiring an additional 17,495 shares in the last quarter. Econ Financial Services Corp lifted its stake in shares of Verizon Communications by 23.5% in the 4th quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock valued at $3,184,000 after purchasing an additional 14,862 shares during the period. USS Investment Management Ltd boosted its position in shares of Verizon Communications by 4.6% during the first quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock valued at $35,790,000 after purchasing an additional 31,354 shares in the last quarter. Teacher Retirement System of Texas boosted its position in shares of Verizon Communications by 41.0% during the fourth quarter. Teacher Retirement System of Texas now owns 2,197,366 shares of the cell phone carrier’s stock valued at $89,499,000 after purchasing an additional 639,380 shares in the last quarter. Finally, Clarity Financial LLC grew its stake in Verizon Communications by 697.0% in the fourth quarter. Clarity Financial LLC now owns 471,127 shares of the cell phone carrier’s stock worth $19,189,000 after purchasing an additional 412,018 shares during the period. 62.06% of the stock is currently owned by hedge funds and other institutional investors.
Key Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Wells Fargo assigned Verizon an equal weight rating with a $43 price target, which is slightly above recent trading levels and suggests limited downside from current prices. Benzinga coverage
- Positive Sentiment: Barclays kept an equal weight view and only modestly cut its target to $45, indicating analysts still see some fair value in the stock despite the pullback. Benzinga coverage
- Positive Sentiment: Recent coverage highlighted Verizon’s high-yield dividend appeal and argued the stock may still look attractive to income investors after its decline. 3 High-Yield Dividends That Pay You Soon (But You Must Act Quickly)
- Neutral Sentiment: BT Group and Verizon’s new 50:50 global enterprise joint venture is being watched as a possible boost to cash flow, but investors are still waiting to see the financial impact. BT–Verizon Joint Venture article
- Neutral Sentiment: Verizon continues to be viewed as a value stock after its pullback, with commentary noting broadband gains, AI initiatives, and convergence strategy could support longer-term growth. Verizon Stock Underperforms Industry in a Year: Buy, Sell or Hold?
- Negative Sentiment: Wells Fargo and other analysts flagged Starlink as a new competitive threat, raising concerns about pressure on Verizon’s fixed wireless and postpaid growth. SpaceX’s Starlink Puts Verizon, AT&T, and T-Mobile Under the Microscope
- Negative Sentiment: Several articles noted Verizon has underperformed peers and the broader industry over the past year, reinforcing the market’s cautious view. Zacks coverage
Wall Street Analyst Weigh In
Read Our Latest Research Report on VZ
Verizon Communications Stock Performance
Verizon Communications stock opened at $42.47 on Thursday. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $177.32 billion, a P/E ratio of 10.36, a PEG ratio of 1.04 and a beta of 0.26. The stock’s 50 day moving average is $46.29 and its 200 day moving average is $45.98.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The business had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. During the same quarter in the previous year, the business earned $1.19 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, equities research analysts predict that Verizon Communications Inc. will post 4.98 earnings per share for the current fiscal year.
Verizon Communications Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.7075 dividend. This represents a $2.83 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s payout ratio is currently 69.02%.
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.
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